RealtyLens
for saleRealtyLens property overview
$1,495,000

445 Fifth Ave Unit 16C

Manhattan, NY, 10016
View more Manhattan, NY property pages
2Beds
2Baths
1,003Sqft
$1491$/sqft

Listing Notes

A Prime Fifth Avenue Condo Residence 16C presents a rare opportunity to own a high-floor, corner residence at the prestigious Fifth Avenue Tower. Bathed in natural light, this renovated home offers sweeping views above Fifth Avenue and is a special blend of comfort and sophistication in one of Manhattan's most sought-after neighborhoods. An entryway foyer leads into a kitchen with updated stainless-steel appliances and abundant storage. The partially open concept with an island provides the the perfect setting for casual dining and allows for a seamless flow into the living area. The two generously sized bedrooms each enjoy charming views of a classic pre-war building that evoke the elegance of Paris, lending a rare and romantic European feel to the home. The primary suite features an ensuite windowed bathroom that has been tastefully renovated. The second full bathroom is well-appointed and has been thoughtfully renovated as well. The Fifth Avenue Tower is a well-managed condominium where residents enjoy a full suite of amenities, including a full-time doorman, concierge, and on-site management. A state-of-the-art fitness center and newly redesigned rooftop terrace showcase breathtaking panoramic views of the city skyline. Additional conveniences include centrally located laundry facilities and optional storage available for a nominal monthly fee. At the corner of Fifth Avenue and 39th Street, you are moments away from iconic destinations including the Grand Central Terminal, The New York Public Library, Bryant Park, as well as world-class shopping along Fifth Avenue. The iconic former Lord & Taylor Building, which is now Amazon's newest NYC office, is just across the street. Pets are not permitted.

Market Insights

Below nearby median-23%

$1491/sqft vs a nearby median of $1944/sqft.

Nearby median$1944/sqft
Nearby properties12
Property size1,003 sqft
  • -23% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,003 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$2.07M$1.88M$2.25M · 50% confidence
vs ask $1.50M−$572k (−38.3%)

Asking price is about 38.3% below the fair value — likely to draw competing offers if it's still on market.

$1,972/sqft median across 8 tight comps × 1,003 sqft= $1.98M
  • Transit access+$49k +2.5%
  • High-density walkability+$40k +2.0%
Cumulative NYC adjustments+$89k+4.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-23% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
19 days
Last price change
No change recorded
Listed
Apr 22, 2026
Photos
12 photos
Property type
condos
Status
for sale
Last sold
Mar 11, 2016 · $1,365,000

Features & Amenities

DoormanElevatorTwo Or More StoriesLibraryEnsuiteBreathtaking ViewsViewsOpen ConceptOfficeDenShopping

Photos

Building Facts

Year built
1986
Stories
33
Total units
185
Residential units
174
Building area
4.80 ac
Lot size
13,350 sqft
Land use
Mixed residential and commercial buildings
Building class
RM

From NYC public records where available.

Price History

May 4, 2026Initial record
$1,495,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.