Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $5,600,000

· Closed September 3, 2024

721 5TH Avenue #48/49D
Closed For Sale Condo

$5,600,000

$1,689 per sq ft

721 5TH Avenue #48/49D

Midtown East, Manhattan

TRUMP TOWER

MLS® #RLS10974402

RLS at REBNY

Listing by Douglas Elliman Real Estate

4

Bedrooms

4.5

Baths

3,316

Sq. Ft.

1983

Year Built

Quick Summary

Bedrooms 4
Bathrooms 5 full, 1 half
Living Area 3,316 sq ft
Year Built 1983
Ownership Condo
HOA/Common Charges $7,968/mo
Property Taxes Contact for details
Parking Garage
Neighborhood Midtown East
Floor 48 of 58

Property Highlights

  • Views: City, River
  • Exposure: East,North facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 7
Baths 4 Full, 1 Half
Floor 48 of 58
View City, River
Exposure East,North
Cooling Central Air
Pets Yes
Year Built 1983
Living Area 3,316 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Block/Lot 01292/7501

Listing History

Event Date Price Change
Listed Jan 7, 2024 $8,250,000 -
Price Reduced Sep 30, 2024 $6,900,000 -16.4%
Currently Jun 1, 2026 $5,600,000 -18.8%

Description

Pristine 7-room duplex Condo on high floor offering stunning views of Central Park and city skyline. The residence spans 3,316 square feet across 3 bedrooms, a library, formal dining room, eat-in-kitchen, 4 full bathrooms and 1 powder room.

Enter through a gracious gallery with marble floor and cove lit ceiling to the corner living room with custom wet bar, built-ins and Central Park view. Also on this floor are 2 additional bedrooms with en-suite bathrooms.

The well-appointed chef's kitchen with breakfast lounge and separate large windowed dining room has open city views to the North and East. The kitchen features oak flooring with custom finish and granite countertops as well as a Thermador double range with custom stainless steel hood, convection microwave and steam oven, Miele cappuccino maker, twin Miele dishwashers, Thermador refrigerator and a 72" Perlick wine cooler.

The custom designed marble and wrought iron staircase leads to the palatial, park facing primary suite with elegant custom finishes including built-ins and closets designed by a Tom Ford staff architect. There are dual full marble bathrooms, heated floors, heated towel bars, Kohler steam showers, waterproof speakers and a large bathtub with jet system. At the opposite end of the primary suite's corridor is a separate study or dressing room.

This home features a Crestron Smart Home integrated system coordinating lighting, security, sound and climate to silent insulated ducts, a soundproofed flooring system, custom built-in audio, electric shades and drapes, custom lighting, a discrete laundry room and oak floors throughout.

721 Fifth Avenue is a white glove condominium in the heart of Midtown. Moments from Central Park, it is surrounded by some of the world's most renowned and luxurious retailers. The Residences enjoy their own private entrance on 56th Street and the full service condominium offers all the elements of elite living including a full-time doorman, concierge, 2,500 square-foot fitness center overlooking the park, valet, maid service and stunning views.

Features & Amenities

Interior Features

Separate Formal Dining Room Smoke Free Building Other Washer Hookup In Unit

Exterior Features

None

Building Amenities

Elevators Storage

Appliances

Washer Dryer Allowed

Building Information

Building TRUMP TOWER
Building Data View Compliance & Permits
Total Units 231
Stories 58
Structure HighRise

Financial Details

Common Charges $7,968/mo
RE Taxes Contact for details
Original Price $8,250,000
Sale Price $5,600,000
Previous Price $6,900,000

Midtown East is a dynamic hub that is the gateway to Manhattan for many. Home to iconic landmarks like Grand Central Terminal and the Chrysler Building, the neighborhood offers unparalleled convenience for commuters and professionals. The residential landscape is a mix of high-rise luxury towers and historic side-street cooperatives, providing a wide array of options for those who want to be at the center of the city's energy.

Midtown East Live Market Data

View Neighborhood

Active Listings

231

Median Asking Price

$1.58M

Median $/Sqft

$1,742

Avg Days on Market

N/A

New This Week

9

Price Reduced

22%

Sold (30 Days)

9

Median Sale Price

$1.74M

Live data from RLS at REBNY • Updated 6/1/26, 4:29 PM EST

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Location

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721 5TH Avenue #48/49D, Midtown East, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1983
Year Built
43 years old
58
Floors
230
Residential Units
C5-3
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $191,635,204
Land Value: $26,100,001
Exemptions: $139,227

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

Lot Area: 19,450 SF
Building Area: 626,594 SF
Built FAR: 32.22
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 $7,968 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 4 bedrooms and 4 full bathrooms and 1 half bathroom.

The listed interior living area is 3,316 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1983, making it approximately 43 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 the listing broker.

At the current list price of $5,600,000 for 3,316 sq ft, the asking price per square foot is approximately $1,689. 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: RLS10974402
First Listed: 1/7/2024
On Market: 1/7/2024
Price Changed: 9/30/2024
Closed: 9/3/2024
Contract Date: 1/7/2024

Listing Courtesy of Douglas Elliman Real Estate - Lauren Muss

Listing Contact: (917) 509-7777

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 8:29 PM UTC

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