The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$2,985,000
721 Fifth Ave Unit 59A
Manhattan, NY, 10022
View more Manhattan, NY property pages2Beds
2Baths
1,467Sqft
$2035$/sqft
Market Insights
Near nearby median+2.5%
$2035/sqft vs a nearby median of $1986/sqft.
Nearby median$1986/sqft
Nearby properties12
Property size1,467 sqft
- +2.5% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,467 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$3.57M$3.19M – $3.95M · 33% confidence
vs ask $2.98M−$584k (−19.6%)
Asking price is about 19.6% below the fair value — likely to draw competing offers if it's still on market.
$2,445/sqft median across 4 tight comps × 1,467 sqft= $3.59M
- Visible condition issues−$126k −3.5%
- Transit access+$90k +2.5%
- High-density walkability+$72k +2.0%
- Mid-century building era−$54k −1.5%
Cumulative NYC adjustments−$18k−0.5%
Property Read
The property is close to nearby price-per-square-foot levels, so the decision will likely come down to condition and layout.
Price history is still limited; review again as more market activity becomes available.
Diligence Read2 items to check
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Listing Details
- Days on market
- 15 days
- Last price change
- No change recorded
- Listed
- Apr 27, 2026
- Photos
- 10 photos
- Property type
- condos
- Status
- for sale
Photos
Building Facts
- Year built
- 1983
- Stories
- 58
- Total units
- 232
- Residential units
- 231
- Building area
- 14.42 ac
- Lot size
- 19,450 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- RM
From NYC public records where available.
Price History
May 4, 2026Initial record
$2,985,000for sale