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for saleRealtyLens property overview
$5,500,000

170 5th Ave Fl 5

Manhattan, NY, 10010
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2Beds
2.5Baths
2,736Sqft
$2010$/sqft

Listing Notes

A full-floor loft defined by scale, light, and one of Manhattan's most iconic outlooks; direct corner views of the Flatiron Building anchor this exceptional residence in the heart of Flatiron. Private elevator access opens into a gracious foyer, setting the tone for a home that unfolds across expansive, lofted proportions, with soaring 11 foot ceilings. Three distinct living areas offer remarkable flexibility for entertaining, lounging, or working from home, all complemented by rich maple hardwood floors and an abundance of natural light pouring in from multiple exposures. The layout is both functional and adaptable, featuring two generously sized bedrooms, along with two primary closets that elevate storage to a rare level for loft living. The sense of volume throughout is undeniable, with the opportunity to reconfigure into a three-bedroom home without compromising the integrity of the space. Positioned at the intersection of Flatiron and NoMad, this location offers seamless access to some of Manhattan's best dining, shopping, and lifestyle destinations. World-class restaurants, boutique fitness studios, and design-forward retail line the surrounding blocks, while nearby Madison Square Park provides a rare green escape just moments away. Multiple subway lines are within close proximity, allowing for effortless connectivity throughout the city. Set within a boutique condominium, the building offers the added benefit of a more intimate, private living experience, complemented by a part-time doorman. This balance of service and scale provides both convenience and discretion, an increasingly rare combination in downtown Manhattan.

Market Insights

Below nearby median-22%

$2010/sqft vs a nearby median of $2561/sqft.

Nearby median$2561/sqft
Nearby properties12
Property size2,736 sqft
  • -22% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,736 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$7.53M$6.92M$8.14M · 59% confidence
vs ask $5.50M−$2.03M (−37.0%)

Asking price is about 37.0% below the fair value — likely to draw competing offers if it's still on market.

$2,561/sqft median across 10 tight comps × 2,736 sqft= $7.01M
  • Transit access+$280k +4.0%
  • Pre-war character+$175k +2.5%
  • High-density walkability+$140k +2.0%
  • Visible condition issues−$70k −1.0%
Cumulative NYC adjustments+$526k+7.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-22% 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
29 days
Last price change
No change recorded
Listed
Apr 13, 2026
Photos
23 photos
Property type
condos
Status
for sale
Last sold
Jul 30, 2009 · $2,945,000

Features & Amenities

DoormanElevatorSecurity FeaturesTwo Or More StoriesHigh CeilingElevatorViewsHardwood FloorsDenShopping

Photos

Building Facts

Year built
1897
Stories
13
Total units
13
Residential units
11
Building area
36,827 sqft
Lot size
3,480 sqft
Land use
Mixed residential and commercial buildings
Building class
RM

From NYC public records where available.

Price History

May 4, 2026Initial record
$5,500,000for 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.