---
title: "1485 5th Avenue #12G, New York City, NY 10035"
description: "1485 5th Avenue #12G, New York City, NY 10035 — Harlem, New York City, NY. Listing Price $499,000. In contract 9/1/2026. Studio bed, 1 bath, 573 sqft Illustrative Buyer Commission Share of $7,485 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10035/1485-5th-avenue-g-12G-ny-10035"
source: "Real Estate Rebate Team"
dateModified: "2026-09-01T15:51:10.132Z"
status: "Pending"
---

# 1485 5th Avenue #12G, New York City, NY 10035

Harlem, New York City, NY

Courtesy of Compass

Last updated: September 1, 2026, 11:51 AM

## At a Glance

- **Listing Price**: $499,000
- **Status**: In contract 9/1/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: Studio
- **Baths**: 1
- **Sqft**: 573
- **Common Charges**: $627 / mo
- **Monthly Taxes**: $6 / mo
- **Price per Sqft**: $871
- **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**: $499,000
- **Illustrative Buyer Commission Share**: -$7,485*
- **Illustrative Net Cost**: $491,515

*Illustrative Buyer Savings of $7,485 — 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)

![1485 5th Avenue #12G, New York City, NY 10035 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/315499f3-f920-448b-b218-60bc1ebe84eb.png)
![1485 5th Avenue #12G, New York City, NY 10035 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/79126f78-9995-4575-a1ca-05aa0d819892.jpg)
![1485 5th Avenue #12G, New York City, NY 10035 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4679e4c1-da40-4d7d-9e09-b8a7bf966d9b.jpg)
![1485 5th Avenue #12G, New York City, NY 10035 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c07cd806-d54b-4af9-b15a-c8d6db3ace73.jpg)
![1485 5th Avenue #12G, New York City, NY 10035 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0a2cd053-31a4-44f0-aaa8-6f9eca462ff6.jpg)
![1485 5th Avenue #12G, New York City, NY 10035 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b182ad3d-e4ed-4883-acee-5a4dcec27c90.jpg)
![1485 5th Avenue #12G, New York City, NY 10035 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2d68215c-5492-439c-b1c0-9d5442587dac.jpg)
![1485 5th Avenue #12G, New York City, NY 10035 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5433c0c1-6b6c-43d7-8119-e652f6cb9074.png)
![1485 5th Avenue #12G, New York City, NY 10035 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b218d957-b3d9-4c46-97d1-4ac98a4fdbea.png)
![1485 5th Avenue #12G, New York City, NY 10035 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/35687771-5faf-42b5-ae62-c82305ab9af2.png)

## Property Overview

Extra-large high-floor studio with open unobstructed views, washer and dryer in unit, full-size kitchen with space for a table, renovated bathroom, and great closet space throughout.

This bright and spacious studio sits on the 12th floor and offers beautiful open western views with great natural light all day. The layout is very functional, featuring a separate kitchen area with full-size appliances and enough room for a dining table. The apartment also includes an in-unit washer and dryer, a renovated bathroom, two large closets, and a built-in Murphy bed?.

The full-service building offers a full-time doorman, live-in superintendent, indoor heated lap pool with adjacent sundeck, a large landscaped roof terrace with grill, fitness center, playroom, resident lounge with kitchen on the 13th floor, package room, and on-site parking.

The location is ideal, with quick access to the 2/3/A/B/C/D/4/5/6 trains and the Metro-North. The neighborhood keeps growing with new restaurants and cafes, including spots from well-known chefs like Marcus Samuelsson. Whole Foods, Trader Joe's and Target are all a few blocks away.

With a 421-a tax abatement still in place, this is a chance to enjoy low carrying costs and live in one of Harlem’s most sought-after buildings.

Capital assessment of $?249/month currently in place through December 2026.

## Property Details

- **Property Type**: Condominium
- **Baths**: 1
- **Rooms**: 2
- **Sqft**: 573 sqft
- **Stories**: 30
- **Year Built**: 2007
- **Price per Sqft**: $871
- **Common Charges**: $627 / Monthly
- **Monthly Taxes**: $6 / mo
- **Listed On**: Mar 20, 2026
- **Days on Market**: 176 Days

### Residence Features

- Central Air
- Building Washer Dryer Install Allowed
- Common On Floor
- Common Area
- In Unit
- Garage
- Valet
- Building Barbecue
- Building Garden
- Building Roof Deck
- Building Balcony
- Entrance Foyer
- High Ceilings
- Soaking Tub
- Dishwasher
- Stainless Steel Appliance(s)
- Hardwood
- City
- See Remarks

### Building Amenities

- Clubhouse
- Garage
- Valet

## Sales Evidence

### Recent closed sales

27 apartments at 5th ON THE PARK have recorded sales since September 2021, the most recent for $1,670,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [19C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10035/1485-5th-avenue-c-19C-ny-10035) (Apartment) | 3 | 1,462 | $1,670,000 | $1,142/ft² | August 3, 2026 | MLS |
| 13D (Apartment) | 1 | 856 | $725,000 | $847/ft² | April 23, 2026 | City record · MLS |
| 11B (Apartment) | 2 | 1,041 | $1,050,000 | $1,009/ft² | March 31, 2026 | City record · MLS |
| 23A (Apartment) | 2 | 1,220 | $1,075,000 | $881/ft² | February 10, 2026 | City record · MLS |
| 9G (Apartment) | Studio | 568 | $465,000 | $819/ft² | December 23, 2025 | City record |
| 24F (Apartment) | — | 1,811 | $1,799,000 | $993/ft² | September 22, 2025 | City record |
| 16E (Apartment) | 2 | 1,088 | $955,000 | $878/ft² | August 22, 2025 | City record · MLS |
| 14H (Apartment) | 3 | 1,755 | $1,930,000 | $1,100/ft² | July 30, 2025 | City record |
| 15A (Apartment) | 3 | 1,440 | $1,525,000 | $1,059/ft² | June 24, 2025 | City record · MLS |
| 25F (Apartment) | 3 | 1,811 | $1,900,000 | $1,049/ft² | June 18, 2025 | City record |
| 25A (Apartment) | 2 | 1,220 | $1,100,000 | $902/ft² | November 18, 2024 | City record · MLS |
| 16A (Apartment) | 5 | 2,544 | $2,720,000 | $1,069/ft² | August 29, 2024 | City record · MLS |
| 27/28A (Apartment) | 3 | 2,436 | $2,300,000 | $944/ft² | May 6, 2024 | City record · MLS |
| 22A (Apartment) | 2 | 1,220 | $1,068,800 | $876/ft² | March 11, 2024 | City record · MLS |
| 23A (Apartment) | 2 | — | $995,000 | — | January 24, 2024 | City record · MLS |
| 24E (Apartment) | 3 | 1,658 | $1,810,000 | $1,092/ft² | February 24, 2023 | City record · MLS |
| 27B (Apartment) | 3 | 2,584 | $3,500,000 | $1,354/ft² | August 18, 2022 | City record · MLS |
| 12-E (Apartment) | 2 | 1,169 | $1,180,000 | $1,009/ft² | August 2, 2022 | City record · MLS |
| 11G (Apartment) | — | 568 | $575,000 | $1,012/ft² | July 13, 2022 | City record |
| 8G (Apartment) | Studio | 568 | $499,950 | $880/ft² | May 10, 2022 | City record · MLS |
| 23C (Apartment) | — | 769 | $910,000 | $1,183/ft² | April 26, 2022 | City record |
| 7G (Apartment) | — | 568 | $535,000 | $942/ft² | March 31, 2022 | City record |
| 14E (Apartment) | 2 | 1,087 | $1,170,000 | $1,076/ft² | December 16, 2021 | City record |
| 10G (Apartment) | Studio | 578 | $599,000 | $1,036/ft² | December 10, 2021 | MLS |
| 7F (Apartment) | 2 | 1,300 | $1,405,000 | $1,081/ft² | December 8, 2021 | City record · MLS |
| 16-E (Apartment) | 2 | 1,088 | $1,075,000 | $988/ft² | October 22, 2021 | City record · MLS |
| 23C (Apartment) | — | 769 | $800,000 | $1,040/ft² | October 1, 2021 | City record |

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

The median closed price for comparable condo studio sales in Harlem is $499,000, based on 3 sales between November 2024 and January 2025. This home is asking exactly that figure. The middle half of those sales closed between $484,500 and $579,500.

- **Median closed price**: $499,000
- **Middle half**: $484,500 – $579,500
- **Based on**: 3 condo studio sales in Harlem
- **Period**: November 2024 – January 2025
- **Median $/ft²**: $965/ft²

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Harlem instead.

### Price trend

Median price per square foot for sales at 5TH ON THE PARK, 2017 to 2026. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year.

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2017 | $1,189/ft² | 4 (thin) |
| 2018 | $1,152/ft² | 10 |
| 2019 | $1,070/ft² | 6 |
| 2021 | $1,058/ft² | 8 |
| 2022 | $1,011/ft² | 6 |
| 2024 | $923/ft² | 5 |
| 2025 | $1,021/ft² | 6 |
| 2026 | $881/ft² | 3 (thin) |

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.

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 5TH ON THE PARK](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/5th-on-the-park)

## Price and Property History for 1485 5th Avenue, Unit 12G

Review the recorded listing activity for 1485 5th Avenue, Unit 12G, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $26,000, or 5%, on July 16, 2026
- **Originally listed**: March 19, 2026 at $550,000
- **Entered contract**: September 1, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| September 1, 2026 | $499,000 | Entered contract |
| July 16, 2026 | $499,000 | Asking price reduced by $26,000, or 5% |
| March 19, 2026 | $550,000 | Listed for sale by Compass |

## Property Tax History

Taxes at 1485 5th Avenue #12G were $66 in 2026.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $46,966 | $2,434 | $44,532 | $46,966 | $66 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $45,126 | $2,434 | $42,692 | $45,126 | $66 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $42,446 | $2,434 | $40,012 | $42,446 | $66 | 12.5% |
| 2023 (FY 2023/24) | $41,727 | $2,434 | $39,293 | $41,727 | $66 | 12.502% |
| 2022 (FY 2022/23) | $41,586 | $2,434 | $39,152 | $41,586 | $65 | 12.267% |
| 2021 (FY 2021/22) | $40,671 | $2,434 | $38,237 | $40,671 | $65 | 12.235% |
| 2020 (FY 2020/21) | $44,046 | $2,434 | $41,612 | $44,046 | $65 | 12.267% |
| 2019 (FY 2019/20) | $42,269 | $2,434 | $39,835 | $34,986 | $66 | 12.473% |
| 2018 (FY 2018/19) | $41,102 | $2,433 | $38,669 | $31,911 | $67 | 12.612% |
| 2017 (FY 2017/18) | $31,660 | $2,433 | $29,227 | $29,215 | $67 | 12.719% |
| 2016 (FY 2016/17) | $30,105 | $2,434 | $27,671 | $28,154 | $68 | 12.892% |
| 2015 (FY 2015/16) | $29,804 | $2,434 | $27,370 | $27,400 | $68 | 12.883% |
| 2014 (FY 2014/15) | $26,910 | $2,434 | $24,476 | $26,775 | $68 | 12.855% |
| 2013 (FY 2013/14) | $27,599 | $2,434 | $25,165 | $28,325 | $70 | 13.145% |
| 2012 (FY 2012/13) | $26,337 | $909 | $25,428 | $29,738 | $70 | 13.181% |
| 2011 (FY 2011/12) | $54,145 | $909 | $53,236 | $59,220 | $71 | 13.433% |
| 2010 (FY 2010/11) | $54,482 | $2,323 | $52,159 | $60,822 | $8,122 | 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 1017461056. 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

### 5th ON THE PARK

South Harlem · Condominium

1485 5th Avenue, New York, NY 10035

A building in South Harlem, currently featuring 7 active listings.

- **Year Built**: 2007
- **Total Units**: 7
- **Floors**: 30

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/5th-on-the-park)

### Available Residences — For Sale (7)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [12G](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10035/1485-5th-avenue-g-12G-ny-10035) | Studio | 1 | 573 sqft | $871 | $499,000 (-5.0%) — In contract | Compass | Mar 20, 2026 | 175 days |
| [19C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10035/1485-5th-avenue-c-19C-ny-10035) | 3 | 2 | 1,462 sqft | $1,142 | $1,670,000 (-1.5%) | CHERYL RODRIGUES REAL ESTATE LLC | Aug 5, 2025 | 402 days |
| [13A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10035/1485-5th-avenue-13a-ny-10035) | 3 | 2 | 1,436 sqft | $1,114 | $1,600,000 (+3.2%) — In contract | CHERYL RODRIGUES REAL ESTATE LLC | Aug 29, 2025 | 378 days |
| [18/19H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10035/1485-5th-avenue-19h-1819H-ny-10035) | 3 | 3 | 1,953 sqft | $1,024 | $1,999,999 (-1.2%) | Compass | Sep 30, 2025 | 346 days |
| [14AK](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10035/1485-5th-avenue-14ak-ny-10035) | 4 | 3 | 2,876 sqft | $902 | $2,595,000 — In contract | Compass | Jul 21, 2026 | 52 days |
| [25D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10035/1485-5th-avenue-25d-ny-10035) | 2 | 2 | 1,379 sqft | $1,084 | $1,495,000 | Compass | Jul 29, 2026 | 44 days |
| [15H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10035/1485-5th-avenue-h-15H-ny-10035) | 3 | 2 | 1,744 sqft | $1,087 | $1,895,000 (-2.8%) — In contract | CHERYL RODRIGUES REAL ESTATE LLC | Mar 16, 2026 | 179 days |

## Estimated Monthly Payment

**$3,156 / month**, assuming a 20% down payment ($99,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $2,523
- **Property Taxes**: $6
- **Common Charges**: $627

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

## Harlem

Overview of Harlem

[Explore Harlem](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/harlem) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Harlem

- [Morningside Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/morningside-heights)
- [East Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem)

## Related Links

- [5TH ON THE PARK — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/5th-on-the-park)
- [Harlem neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/harlem)
- [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.