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Full-Service One-Bedroom Residential Income Property
For Sale
$1,120,000

425 5th Avenue 23-D, New York City, NY 10016

One-bedroom residence in a full-service luxury condominium with 24-hour doorman, indoor pool, sauna and steam rooms.

Property Size777 SF
Price / SF$1,441
Days on Market54

Property Features for 425 5th Avenue 23-D

General Information

Standard status Active
Size 777 SF
Property subtype Apartment

Units

Unit Mix 1 x 1BR
Multifamily Units 1

Additional Details

HOA Fee $111.41
Public Transit Yes

Taxes and HOA fees

Annual Taxes $7,548

Amenities

24-hour doorman and concierge
live-in Super
fitness center
indoor swimming pool
sauna and steam rooms
outdoor terrace
residents' lounge
business center
children's playroom

Building Details

Building Size 777 SF
Year Built 2003
Listing Agency: Nest Seekers LLC
Listed By: Sarah Son
Source: Carlinwright
Added: Jun 18 Changed: Aug 8 Last Checked: Aug 10 at 9:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nest Seekers LLC

Investment Insights

Based on property information with market context.

This one-bedroom residence offers an entry gallery with custom-built storage and a living and dining room with oversized windows and southern exposure. The interior features brand-new seven-inch-wide oak plank floors, a kitchen with granite countertops, custom Brazilian cherry wood cabinetry, and premium stainless-steel appliances, and a primary bedroom sized for a king. The spa-like bathroom includes a glass-enclosed shower and a deep soaking tub. Built in 2003, the home is approximately 777 SF and is designed to accommodate both everyday living and formal dining.

The building is a full-service luxury condominium at 425 Fifth Avenue, designed by architect Michael Graves. Residents receive white-glove service with a 24-hour doorman and concierge and a live-in Super. On-site amenities include a state-of-the-art fitness center, indoor swimming pool, sauna and steam rooms, landscaped outdoor terrace, residents’ lounge, business center, and a children’s playroom. The large windows showcase skyline views including the Empire State Building and Lower Manhattan, with One World Trade Center visible.

For an owner-occupant or tenant, the combination of a functional one-bedroom layout, updated flooring, and extensive resident amenities supports a comfortable Midtown lifestyle.

Key Highlights

  • Approximately 777 SF one‑bedroom residence with southern exposure
  • Built in 2003
  • 24‑hour doorman and concierge plus live‑in Super

Property Analytics

Current Use

Institute of Strategy & Valuation High School 425 Fifth Avenue ... Condominium Complex Dr. Hyacinth Browne Physician Robins Garden Garden Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Buffet Locksmith Parking Lot & Garage Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

101,253
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - One-bedroom residence in a full-service luxury condominium with 24-hour doorman, indoor pool, sauna and steam rooms.
Where is this residential income property located?
The property is located at 425 5th Avenue 23-D New York City, NY.
What is the asking price?
The asking price for this property is $1,120,000.
What are key features of this property?
This property features: Approximately 777 SF one‑bedroom residence with southern exposure; Built in 2003; 24‑hour doorman and concierge plus live‑in Super
More about this property
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