Milton Coste

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(917) 416-7433

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170 5th Avenue #5

Pending · Listing by Compass

170 5th Avenue #5

Flatiron, Manhattan

$4,995,000

Pending For Sale • Condo

$4,995,000

$1,826 per sq ft

170 5th Avenue #5

Flatiron, Manhattan

MLS® #RLS20081205

RLS at REBNY

Listing by Compass

2
Bedrooms
2.5
Baths
2,736
Sq. Ft.
1897
Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Living Area 2,736 sq ft
Lot Size 3,480 sq ft
Year Built 1897
Ownership Condo
HOA/Common Charges $2,804.89/mo
Property Taxes $46,424.16/yr
Neighborhood Flatiron
Floor 5 of 13

Property Highlights

  • Climate Control: Central Air
  • Character: Pre-war building (1897)

Property Details

Type Condo
Ownership Condominium
Total Rooms 8
Baths 2 Full, 1 Half
Floor 5 of 13
Heating Central
Cooling Central Air
Pets Yes
Year Built 1897
Living Area 2,736 sq ft
Structure Type MixedUse
Flooring Hardwood, Tile
Furnished Unfurnished
Lot Size 3,480 sq ft
Parcel # 0823-1006
Block/Lot 00823/1006

Listing History

Event Date Price Change
Listed Apr 13, 2026 $4,995,000 -
Price Reduced Jun 23, 2026 $5,500,000 +10.1%

Description

A full-floor loft defined by scale, light, and one of Manhattan’s most iconic outlooks; direct corner views of the Flatiron Building anchor this exceptional residence in the heart of Flatiron. Private elevator access opens into a gracious foyer, setting the tone for a home that unfolds across expansive, lofted proportions, with soaring 11 foot ceilings. Three distinct living areas offer remarkable flexibility for entertaining, lounging, or working from home, all complemented by rich maple hardwood floors and an abundance of natural light pouring in from multiple exposures. The layout is both functional and adaptable, featuring two generously sized bedrooms, along with two primary closets that elevate storage to a rare level for loft living. The sense of volume throughout is undeniable, with the opportunity to reconfigure into a three-bedroom home without compromising the integrity of the space. Positioned at the intersection of Flatiron and NoMad, this location offers seamless access to some of Manhattan’s best dining, shopping, and lifestyle destinations. World-class restaurants, boutique fitness studios, and design-forward retail line the surrounding blocks, while nearby Madison Square Park provides a rare green escape just moments away. Multiple subway lines are within close proximity, allowing for effortless connectivity throughout the city. Set within a boutique condominium, the building offers the added benefit of a more intimate, private living experience, complemented by a part-time doorman. This balance of service and scale provides both convenience and discretion, an increasingly rare combination in downtown Manhattan.

Features & Amenities

Interior Features

Entrance Foyer High Ceilings His And Hers Closets Walk In Closets Common On Floor Common Area Laundry Room In Unit Flooring: Hardwood, Tile

Exterior Features

Private Entrance Private Outdoor Space Under60 Sqft

Building Amenities

Elevators Security System

Building Information

Building Data View Compliance & Permits
Total Units 11
Stories 13
Structure MixedUse

Financial Details

Common Charges $2,804.89/mo
RE Taxes $46,424.16/yr ($3,869/mo)
Previous Price $5,500,000

The Flatiron District is a busy intersection of history, technology, and luxury living. Named after the iconic Flatiron Building, the neighborhood is centered around Madison Square Park and is a hub for the city's 'Silicon Alley.' The real estate market is famous for its grand cast-iron loft buildings with high ceilings and expansive floor plans, alongside ultra-luxury glass towers that offer modern amenities and central Manhattan convenience.

Flatiron Live Market Data

View Neighborhood

Active Listings

111

Median Asking Price

$2.60M

Median $/Sqft

$1,792

Avg Days on Market

N/A

New This Week

8

Price Reduced

24%

Sold (30 Days)

15

Median Sale Price

$1.98M

Live data from RLS at REBNY • Updated 9/27/26, 6:40 AM EST

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Location

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170 5th Avenue #5, Flatiron, New York County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1898
Year Built
128 years old
13
Floors
11
Residential Units
C6-4M
Zoning District
Condominiums Historic District: Ladies' Mile Historic District

Tax & Assessment

Assessed Value: $7,092,899
Land Value: $1,129,500
Exemptions: $0

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

Lot Area: 3,480 SF
Building Area: 36,827 SF
Built FAR: 10.58
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 $2,804.89 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $46,424.16, or roughly $3,869 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 2,736 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1897, making it approximately 129 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.

Pet policy requires confirmation with Milton Coste. Additional notes: Pets Allowed, contact for breed and size restrictions.

At the current list price of $4,995,000 for 2,736 sq ft, the asking price per square foot is approximately $1,826. 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 milton@miltoncoste.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: RLS20081205
First Listed: 4/3/2026
On Market: 4/13/2026
Price Changed: 6/23/2026
Pending Since: 7/30/2026
Contract Date: 1/31/2026

Listing Courtesy of Compass - Heema Khedr

Listing Contact: (212) 913-9058

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 9/27/2026 at 10:40 AM UTC

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Flatiron Market Update

15 sales last 30 days · $2.60M median · 7.4 months supply

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New listings in this neighborhood

Quick Facts

Status Pending
Type Condo Neighborhood Flatiron Borough Manhattan
County New York
Floor 5 of 13
Year Built 1897
First Listed 4/3/2026
Living Area 2,736 sqft
Common Charges $2,804.89/mo
Annual Tax $46,424.16

Monthly Costs Estimate

Down Payment 20%

$999,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $2,804.89
Est. Taxes $3,869
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $3M to $4,999,999 at 1.50%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$74,925

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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