Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,042,500

Listed at $1,100,000 · Sold 5.2% below asking · Closed October 16, 2024

425 5th Avenue #32B
Closed For Sale Condo

$1,100,000

$1,499 per sq ft

425 5th Avenue #32B

Midtown, Manhattan

THE DAVIS BUILDING

MLS® #RLS10988323

RLS at REBNY

Listing by Nestapple Inc

1

Bedroom

1

Bath

734

Sq. Ft.

2003

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 734 sq ft
Year Built 2003
Ownership Condo
HOA/Common Charges $961/mo
Property Taxes $9,204/yr
Neighborhood Midtown
Floor 32

Property Highlights

  • Views: City
  • Exposure: East,North facing
  • Outdoor Space: Patio

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 32
View City
Exposure East,North
Heating Central
Cooling Central Air
Pets Yes
Cross Street 38th & 39th Street
Year Built 2003
Living Area 734 sq ft
Structure Type None
Flooring Hardwood
Furnished Unfurnished
Parcel # 0868-1537
Block/Lot 00868/0000

Listing History

Event Date Price Change
Listed Jul 17, 2024 $1,100,000 -
Currently Jun 1, 2026 $1,100,000 -

Description

Postcard-perfect view from this one-bedroom in the sky with INCREDIBLE Light & Views.

Your Gorgeous home/pied-e-terre or investment with consistently low monthlies. (taxes are lower is used as primary)

The apartments east-facing windows provide abundant light, allowing gorgeous sunset views daily. The kitchen features beautiful features like top-of-the-line appliances and plenty of cupboard storage space. The Italian white tiled bathroom features a walk-in shower, a separate bathtub & vanity, and a stainless steel shower head and faucet.

Built-in 2003 and designed by renowned architect Michael Graves, this luxurious full-service condominium offers a range of upscale amenities. The building includes a 24-hour concierge and doorman and a sophisticated lobby entrance. Its expansive layout includes spacious galleries in both private and communal areas.

Residents can enjoy the recently renovated health and wellness center, which includes a fully equipped gym, studio, indoor pool, steam room, sauna, massage treatment rooms, and a wrap-around sun terrace. Additionally, there are facilities for business and conferences, a residents lounge, a private cinema, a wine cellar, and an outdoor courtyard adjacent to the building entrance. A live-in superintendent ensures prompt assistance and maintenance.

This pet-friendly building also allows short-term stays and is conveniently located near high-end restaurants and upscale shopping venues. It is close to Bryant Park, the main branch of The New York Public Library, Grand Central Station, 16 subway lines, and well-serviced bus routes along Fifth Avenue and Madison Avenue, offering unparalleled convenience in the citys heart. The unit offers a direct view of the Empire State Building and One World Trade Center.





Features & Amenities

Interior Features

Building Inside None Flooring: Hardwood

Exterior Features

Patio

Building Amenities

Elevators Health Club Indoor Pool

Appliances

Dishwasher Microwave

Building Information

Financial Details

Common Charges $961/mo
RE Taxes $9,204/yr ($767/mo)
Sale Price $1,042,500

Maintenance Includes

Gas,Water

Midtown Manhattan is the city's primary commercial and transit hub, home to Grand Central Terminal, Rockefeller Center, Bryant Park, and the Empire State Building. The residential market features luxury condo towers, classic pre-war cooperatives, and postwar doorman buildings served by nearly every subway line in the system. Properties range from high-floor units with skyline panoramas to well-maintained co-ops along the tree-lined side streets east and west of Fifth Avenue.

Midtown Live Market Data

View Neighborhood

Active Listings

227

Median Asking Price

$1.91M

Median $/Sqft

$1,700

Avg Days on Market

N/A

New This Week

14

Price Reduced

35%

Sold (30 Days)

14

Median Sale Price

$1.45M

Live data from RLS at REBNY • Updated 6/1/26, 6:08 PM EST

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Location

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425 5th Avenue #32B, Midtown, New York County • Near 38th & 39th Street

Building Information

Official NYC property records for this building

2003
Year Built
23 years old
54
Floors
172
Residential Units
C5-3
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $34,564,488
Land Value: $4,502,232
Exemptions: $16,030

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 12,630 SF
Building Area: 209,528 SF
Built FAR: 16.59
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $961 per month. The fee covers: Gas,Water. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $9,204, or roughly $767 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 734 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2003, making it approximately 23 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,100,000 for 734 sq ft, the asking price per square foot is approximately $1,499. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10988323
First Listed: 7/16/2024
On Market: 7/17/2024
Closed: 10/16/2024
Contract Date: 7/9/2024

Listing Courtesy of Nestapple Inc - Nicole Benoliel

Listing Contact: (855) 637-8277

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/1/2026 at 10:08 PM UTC

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