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Residential Income Property with City Views

425 5TH Avenue 26D, New York City, NY 10016

For Sale
$1,275,000

Renovated one-bedroom residence with an open living area, custom storage, and full-service condominium amenities.

Property Size777 SF
Price / SF$1,640
Days on Market147

Property Features for 425 5TH Avenue 26D

General Information

Standard status Active
Size 777 SF
Property subtype Apartment

Additional Details

Public Transit Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $9,072

Amenities

gym
lounge and event space
indoor pool
sauna and steam room
locker rooms
movie theater
business center
playroom
patio and roof deck
game room
building storage

Building Details

Building Size 777 SF
Year Built 2003
Listing Agency: Corcoran Group
Listed By: Tamara Sharon Shaoul
Source: Miradorrealestate
Added: Jun 16 Changed: Nov 2 Last Checked: Nov 8 at 4:32PM

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 Corcoran Group

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Investment Insights

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Residence 26D occupies a high floor at 425 Fifth Avenue and offers south-facing views toward the Empire State Building, Freedom Tower, and surrounding cityscape. The open living and dining arrangement is complemented by a built-in electric fireplace, extensive custom storage, and 9' ceilings. The kitchen has been opened to the main living space and updated with quartz counters and stainless steel GE Profile appliances, including a dishwasher, gas range, and built-in microwave. The bedroom accommodates a king-sized bed and includes two closets with built-ins. A stacked washer and dryer are located in the renovated bathroom.

Built in 2003 and designed by Michael Graves, the 178-unit condominium provides a broad amenity package that includes a gym, indoor pool, sauna, steam room, movie theater, business center, lounge and event space, playroom, game room, patio, roof deck, locker rooms, and building storage. The property is positioned at Fifth Avenue and 38th Street, near the New York Public Library, Bryant Park, Grand Central Terminal, and Fifth Avenue shopping.

Key Highlights

  • South‑facing high‑floor views of the Empire State Building, Freedom Tower, and cityscape
  • Renovated kitchen with quartz countertops and stainless steel GE Profile appliances
  • Open living and dining layout with built‑in electric fireplace and custom storage

Property Analytics

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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
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Market

Average Price Trend$/SF for Residential income properties in New York City, NY

$1,262 Jul
$1,095 Aug
$1,095 Sep
$1,041 Oct

Properties on Market for Residential income properties in New York City

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Renovated one-bedroom residence with an open living area, custom storage, and full-service condominium amenities.
Where is this residential income property located?
The property is located at 425 5TH Avenue 26D New York City, NY.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: South‑facing high‑floor views of the Empire State Building, Freedom Tower, and cityscape; Renovated kitchen with quartz countertops and stainless steel GE Profile appliances; Open living and dining layout with built‑in electric fireplace and custom storage
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