---
title: "425 5th Avenue #23-D, New York City, NY 10016"
description: "425 5th Avenue #23-D, New York City, NY 10016 — Murray Hill, New York City, NY. Listing Price $1,100,000. Price Reduced: Reduced $20,000 (1.8%) from $1,120,000 on August 9, 2026. 1 bed, 1 bath, 777 sqft Illustrative Buyer Commission Share of $16,500 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/425-5th-avenue-23d-ny-10016"
source: "Real Estate Rebate Team"
dateModified: "2026-09-17T18:26:28.895Z"
status: "Active"
---

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

Murray Hill, New York City, NY

Courtesy of Nest Seekers LLC

Last updated: September 17, 2026, 2:26 PM

## At a Glance

- **Listing Price**: $1,100,000
- **Price Reduced**: Reduced $20,000 (1.8%) from $1,120,000 on August 9, 2026
- **Beds**: 1
- **Baths**: 1
- **Sqft**: 777
- **Common Charges**: $1,114 / mo
- **Monthly Taxes**: $629 / mo
- **Price per Sqft**: $1,416
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $1,100,000
- **Illustrative Buyer Commission Share**: -$16,500*
- **Illustrative Net Cost**: $1,083,500

*Illustrative Buyer Savings of $16,500 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![425 5th Avenue #23-D, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6057ce53-6cad-41e9-bd0e-2377d7a8921f.jpg)
![425 5th Avenue #23-D, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ac86fe0a-c1c7-440d-8a01-42cf0b484948.gif)
![425 5th Avenue #23-D, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/af2d3571-0f39-4aaa-98b9-66259c5735f3.jpg)
![425 5th Avenue #23-D, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d7ffa751-b0a0-49d7-8b8b-f28c981a09ab.jpg)
![425 5th Avenue #23-D, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6efaad55-fbc1-41ab-a7bd-f14a020d8241.jpg)
![425 5th Avenue #23-D, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b631dc2f-183e-4a4c-a33d-fcc53dc692a5.jpg)
![425 5th Avenue #23-D, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9dcdf1ea-9aa8-4bd5-8e3c-9e2e13fa5574.jpg)
![425 5th Avenue #23-D, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1e1600c0-ded9-4687-b181-375cd3c2343b.jpg)
![425 5th Avenue #23-D, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/50bdf246-59f3-4735-b875-c625d1fa590b.jpg)
![425 5th Avenue #23-D, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/57a68869-3e77-4443-b086-5c7c0832e6ef.jpg)

## Property Overview

Monthly Capital Assessment: $111.41 Perfectly positioned in the heart of Midtown Manhattan, this beautiful one-bedroom residence offers an exceptional blend of elegance, comfort, and iconic skyline views. Located moments from Bryant Park, Fifth Avenue, Grand Central Terminal, and virtually every major transportation hub, the home places the very best of New York City at your doorstep. A welcoming entry gallery with custom-built storage introduces a thoughtfully designed interior that balances sophistication with everyday functionality. The expansive living and dining room is flooded with natural light through oversized windows, showcasing spectacular southern exposures and breathtaking views of the Empire State Building and Lower Manhattan skyline, including One World Trade Center. The generous layout easily accommodates a formal dining area with seating for six, creating an ideal setting for both elegant entertaining and relaxed daily living. The well-appointed kitchen features polished granite countertops, custom Brazilian cherry wood cabinetry, and premium stainless-steel appliances, offering timeless style and practicality. The spacious and tranquil primary bedroom comfortably accommodates a king-sized bedroom suite and benefits from abundant closet space. Quiet and serene, it provides a welcome retreat from the city's energy. The spa-like bathroom is beautifully designed with a glass-enclosed shower and a deep soaking tub, creating a luxurious environment for relaxation. Adding warmth and refinement throughout the residence are brand-new seven-inch-wide oak plank floors, elevating the home's contemporary appeal. Designed by acclaimed architect Michael Graves, 425 Fifth Avenue is one of Midtown's most distinguished full-service luxury condominiums. Residents enjoy white-glove service and an impressive collection of amenities, including a 24-hour doorman and concierge, live-in Super, state-of-the-art fitness center, indoor swimming pool, sauna and steam rooms, landscaped outdoor terrace, residents' lounge, business center, and children's playroom.

## Property Details

- **Property Type**: Condominium
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 3
- **Sqft**: 777 sqft
- **Stories**: 54
- **Year Built**: 2003
- **Price per Sqft**: $1,416
- **Common Charges**: $1,114 / Monthly
- **Monthly Taxes**: $629 / mo
- **Listed On**: Jun 18, 2026
- **Days on Market**: 95 Days

### Residence Features

- Central Air
- Common Area
- In Unit
- Building Storage
- Building Garden
- Dining Area
- Dryer
- Washer
- City

## Estimated Monthly Payment

**$7,305 / month**, assuming a 20% down payment ($220,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $5,562
- **Property Taxes**: $629
- **Common Charges**: $1,114

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

21 apartments at 425 Fifth Avenue have recorded sales since September 2021, the most recent for $2,875,000 in September 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [65-A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/425-5th-avenue-65a-ny-10016) (Apartment) | 3 | 2,571 | $2,875,000 | $1,118/ft² | September 9, 2026 | MLS |
| 56-C (Apartment) | 1 | — | $1,500,000 | — | July 1, 2026 | MLS |
| 57B (Apartment) | Studio | 516 | $842,500 | $1,633/ft² | May 29, 2026 | City record |
| 21A (Apartment) | 1 | 880 | $920,000 | $1,045/ft² | May 28, 2026 | City record · MLS |
| 57-A (Apartment) | 2 | 1,203 | $1,950,000 | $1,621/ft² | March 19, 2026 | City record · MLS |
| 22F (Apartment) | 1 | 846 | $1,095,000 | $1,294/ft² | February 17, 2026 | City record · MLS |
| 19A (Apartment) | 1 | 880 | $1,130,000 | $1,284/ft² | September 23, 2025 | City record · MLS |
| 40-A (Apartment) | 1 | 953 | $1,187,500 | $1,246/ft² | September 5, 2025 | City record · MLS |
| 24C (Apartment) | 1 | 590 | $850,000 | $1,441/ft² | July 9, 2025 | City record · MLS |
| 45-D (Apartment) | 1 | 980 | $1,355,000 | $1,383/ft² | October 24, 2024 | City record · MLS |
| 32B (Apartment) | 1 | 734 | $1,042,500 | $1,420/ft² | October 16, 2024 | City record · MLS |
| 23B (Apartment) | 2 | 1,008 | $1,360,000 | $1,349/ft² | May 22, 2024 | City record · MLS |
| 28A (Apartment) | 1 | 790 | $1,169,500 | $1,480/ft² | April 22, 2024 | City record · MLS |
| 12A (Apartment) | — | 1,068 | $712,775 | $667/ft² | February 28, 2024 | City record |
| 41B (Apartment) | 1 | 1,125 | $1,530,000 | $1,360/ft² | January 24, 2024 | City record · MLS |
| 26E (Apartment) | 1 | 737 | $1,082,500 | $1,469/ft² | October 12, 2023 | City record · MLS |
| 33B (Apartment) | 1 | 734 | $1,062,500 | $1,448/ft² | September 13, 2022 | City record · MLS |
| 48A (Apartment) | 1 | 953 | $1,400,000 | $1,469/ft² | August 11, 2022 | City record · MLS |
| 26D (Apartment) | 1 | 777 | $1,150,000 | $1,480/ft² | May 2, 2022 | City record · MLS |
| 21B (Apartment) | 2 | 1,364 | $1,350,000 | $990/ft² | November 11, 2021 | City record · MLS |
| 19D (Apartment) | 1 | 777 | $999,000 | $1,286/ft² | November 3, 2021 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

- **This home**: $1,100,000
- **Median sold price**: $1,112,500
- **Difference**: -$12,500 (-1.1%)
- **This home, $/ft²**: $1,416
- **Median $/ft²**: $1,401
- **Comparable sales**: 14
- **Sales from**: November 2021 – May 2026
- **Middle half of those sales**: $1,047,500 – $1,183,000

Based on one-bedroom sales at 425 Fifth Avenue.

### How these sales were negotiated

- **Sale-to-list price**: 95.6% (14 sales)
- **Sold below asking**: 100% (14 sales)
- **Typical time to find a buyer**: 122 days (12 sales)
- **Typical time to close**: 62 days (12 sales)

Based on one-bedroom sales at 425 Fifth Avenue with the required listing and closing data. Sample sizes vary by metric.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

### Price trend

Median price per square foot, sales at 425 Fifth Avenue

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2017 | $1,531/ft² | 11 |
| 2018 | $1,406/ft² | 7 |
| 2019 | $1,399/ft² | 8 |
| 2020 | $1,514/ft² | 4 (thin) |
| 2021 | $1,148/ft² | 4 (thin) |
| 2022 | $1,469/ft² | 3 (thin) |
| 2024 | $1,371/ft² | 6 |
| 2025 | $1,284/ft² | 3 (thin) |
| 2026 YTD | $1,458/ft² | 4 (thin) |

Based on recorded sales at 425 Fifth Avenue. 2026 is year-to-date.

Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.

Sales data through September 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 425 Fifth Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/425-fifth-avenue)

## Price and Property History for 425 5th Avenue, Unit 23-D

Review the recorded listing activity for 425 5th Avenue, Unit 23-D, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $20,000, or 1.8%, on August 9, 2026
- **Originally listed**: June 18, 2026 at $1,120,000
- **Current asking price**: $1,100,000

| Date | Price | Listing event |
| --- | --- | --- |
| August 9, 2026 | $1,100,000 | Asking price reduced by $20,000, or 1.8% |
| June 18, 2026 | $1,120,000 | Listed for sale by Nest Seekers LLC |

## Property Tax History

Taxes at 425 5th Avenue #23-D were $7,793 in 2026, up 2.7% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $65,062 | $11,720 | $53,342 | $62,342 | $7,793 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $64,167 | $11,720 | $52,447 | $60,686 | $7,586 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $62,511 | $11,720 | $50,791 | $60,427 | $7,553 | 12.5% |
| 2023 (FY 2023/24) | $60,625 | $11,720 | $48,905 | $60,216 | $7,528 | 12.502% |
| 2022 (FY 2022/23) | $59,352 | $11,720 | $47,632 | $59,352 | $7,281 | 12.267% |
| 2021 (FY 2021/22) | $56,786 | $11,720 | $45,066 | $56,786 | $6,948 | 12.235% |
| 2020 (FY 2020/21) | $62,870 | $11,720 | $51,150 | $58,822 | $7,216 | 12.267% |
| 2019 (FY 2019/20) | $61,457 | $11,720 | $49,737 | $56,201 | $7,010 | 12.473% |
| 2018 (FY 2018/19) | $63,130 | $11,721 | $51,409 | $54,048 | $6,817 | 12.612% |
| 2017 (FY 2017/18) | $58,630 | $11,721 | $46,909 | $51,234 | $6,516 | 12.719% |
| 2016 (FY 2016/17) | $54,523 | $11,720 | $42,803 | $49,673 | $6,404 | 12.892% |
| 2015 (FY 2015/16) | $53,812 | $11,720 | $42,092 | $48,526 | $6,252 | 12.883% |
| 2014 (FY 2014/15) | $50,685 | $11,720 | $38,965 | $47,028 | $5,071 | 12.855% |
| 2013 (FY 2013/14) | $45,834 | $11,720 | $34,114 | $46,158 | $5,094 | 13.145% |
| 2012 (FY 2012/13) | $43,536 | $11,721 | $31,815 | $46,288 | $4,142 | 13.181% |
| 2011 (FY 2011/12) | $50,963 | $11,719 | $39,244 | $47,744 | $4,339 | 13.433% |
| 2010 (FY 2010/11) | $46,329 | $11,720 | $34,609 | $46,492 | $3,215 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 1008681561. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 425 Fifth Avenue

Midtown · Condominium

425 5th Avenue, New York, NY 10016

A building in Midtown, currently featuring 3 active listings.

- **Year Built**: 2003
- **Active Units**: 3
- **Floors**: 54

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/425-fifth-avenue)

### Available Residences — For Sale (4)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [23-D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/425-5th-avenue-23d-ny-10016) | 1 | 1 | 777 sqft | $1,416 | $1,100,000 (-1.8%) | Nest Seekers LLC | Jun 18, 2026 | 94 days |
| [61-A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/425-5th-avenue--a-61A-ny-10016) | 2 | 2 | 1,078 sqft | $1,779 | $1,918,000 | Battery Park Realty Inc | May 18, 2026 | 125 days |
| [30E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/425-5th-avenue-30e-ny-10016) | 1 | 1 | 817 sqft | $1,469 | $1,200,000 | Sothebys International Realty | Aug 4, 2026 | 47 days |
| [47-A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/425-5th-avenue--a-47A-ny-10016) | 2 | 3 | 1,600 sqft | $1,188 | $1,900,000 (-7.3%) — In contract | Nest Seekers LLC | Mar 16, 2026 | 188 days |

### Recently Sold (1)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [65-A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/425-5th-avenue-65a-ny-10016) | 3 | 3 | 2,571 sqft | $1,118 | $2,875,000 | R New York | Sep 5, 2025 | Sep 9, 2026 |

## Murray Hill

Overview of Murray Hill

[Explore Murray Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Murray Hill

- [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown)
- [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)
- [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district)
- [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district)
- [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy)
- [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town)

## Related Links

- [425 Fifth Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/425-fifth-avenue)
- [Murray Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.