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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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10022
  6. 721 5TH Avenue #48K
Property thumbnail
1 / 15
Condominium•Midtown East

721 5TH Avenue #48K, New York City, NY 10022

Listing Courtesy of Next Stop NY

$2,995,000

Potential Rebate: $44,925

Condominium
2 Beds
3 Baths
6 Rooms
1,800 sqft
Built 1983
58 Stories
1,664/ft²
Listed on Apr 15, 2025
276 days on market
Book a Tour

Overview

<p>Welcome to Residence 48K, a highly desirable "K" line home at the iconic Trump Tower. Originally designed as a 1,784-square-foot two-bedroom, two-and-a-half-bath residence, this apartment has been thoughtfully redesigned to reflect an elevated and refined lifestyle.</p> <p>Upon entering the spacious foyer-featuring three closets and a striking marble floor with an elegant floral inlay-residents and guests are immediately drawn to breathtaking views of Central Park through oversized windows. The expansive living area is enhanced by wide-plank herringbone wood flooring, offering a seamless flow into the adjacent dining room.</p> <p>The dining area features custom built-in cabinetry for display and storage and easily accommodates a large table, ideal for hosting while enjoying panoramic park views. Double sliding doors lead to a beautifully appointed den, complete with wood-paneled walls, a work area, and a sophisticated powder room. A secondary entrance connects to a full onyx-clad bathroom and a space currently configured as a wellness or fitness area.</p> <p>To the left of the foyer, a hallway leads to a chef's kitchen equipped with top-tier stainless steel appliances, cherry wood cabinetry, and granite countertops. A convenient breakfast bar seats two, while nearby is a dedicated laundry closet with washer and dryer. This hallway also provides an alternate entrance to the den, full bath, and additional space.</p> <p>To the right of the foyer, the private bedroom wing includes a spacious sleeping area with direct Central Park views, custom cabinetry, and two walk-in closets. The en-suite bathroom features a large walk-in shower with built-in seating, a custom vanity, ample storage, and integrated medicine cabinets.</p> <p>Trump Tower, located at 721 Fifth Avenue, is surrounded by world-renowned shopping and dining. This full-service condominium offers 24-hour doorman and concierge services, attended elevators, and access to valet, housekeeping, and laundry services.</p> <p>In 2021, a new amenity floor was introduced, offering a fully equipped fitness center with Peloton bikes, circuit training equipment, and a stretching area. Additional amenities include a yoga studio, wet bar and coffee station, resident lounge, private event space with chef's table, movie theater with stadium-style seating, library, business center, conference rooms, playroom, billiards room, and more. Please contact Craig Roth of nextStopNY for a private showing.</p> <p>All information furnished herein is from sources deemed reliable. All information is submitted subject to errors, omissions, change of price prior sale or lease or withdrawal without notice. All dimensions are approximate.</p>

Home Features

  • •Central Air
  • •Washer Hookup
  • •In Unit
  • •City
  • •Park/Greenbelt

Estimated Monthly Payment

$19,268 per month

30 year fixed, 6.28% Interest

Principal and Interest
$14,799
Property Taxes
$0
Maintenance/Common Charges
$4,469

Estimated Rebate for this Home

One-time rebate at closing

$44,925

Monthly savings impact

$125/mo

Effective Purchase Price

$2,950,075

(Home Price - Estimated Rebate)

💡 Estimated rebate from our commission

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).

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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.

The Real Estate Rebate Team

Listing Courtesy of Next Stop NY

Data Source: TRESTLE #RLS20016698

RLS at REBNY

RLS at REBNY - Real Estate Board of New York Residential Listing Service

Why Buy With Us

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Experience

REBNY & NAR

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Verified

Listings

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.

The Real Estate Rebate Team

Listing Courtesy of Next Stop NY

Data Source: TRESTLE #RLS20016698

RLS at REBNY

RLS at REBNY - Real Estate Board of New York Residential Listing Service

Price Analysis

Compare average listing prices and value metrics for Trump Tower 721 Fi against the surrounding East Midtown market.

Based on 2 active units in building vs 198 in area

Average List Price

Building$3.0M
Neighborhood$4.8M

Price Per SqFt

Building Avg$1,798/ft²
Neighborhood Avg$2,408/ft²
Value Opportunity

25.34% Lower

than the East Midtown price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

East Midtown

Overview of East Midtown

East Midtown is the corporate heart of the city. It is impressive and tall. For buyers seeking East Midtown Manhattan real estate, it offers walk-to-work convenience.

Living in East Midtown is efficient. As a Manhattan NYC neighborhood, it is global.

Real Estate & Housing Market

The market for homes for sale in East Midtown includes luxury high-rise condos.

Lifestyle & Community

The lifestyle in East Midtown is busy on weekdays, quiet on weekends.

Transportation & Accessibility

East Midtown is connected to everything via Grand Central.

Parks, Schools & Amenities

Bryant Park is nearby.

Amenities: World-class shopping on 5th Ave.

Who This Neighborhood Is Best For

East Midtown is best for corporate professionals.

East Midtown GuideAll Neighborhoods
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