The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$850,000
425 5th Ave Apt 57B
New York, NY, 10016
View more New York, NY property pagesStudioBeds
1Baths
516Sqft
$1647$/sqft
Market Insights
Above nearby median+48%
$1647/sqft vs a nearby median of $1116/sqft.
Nearby median$1116/sqft
Nearby properties8
Property size516 sqft
- +48% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 516 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$582k$515k – $649k · 25% confidence
vs ask $850k+$268k (+31.5%)
Asking price is about 31.5% above where comps + adjustments land — there is room to negotiate.
$1,116/sqft median across 3 tight comps × 516 sqft= $576k
- Days-on-market gravity−$17k −3.0%
- Transit access+$14k +2.5%
- Modern construction+$9k +1.5%
Cumulative NYC adjustments+$6k+1.0%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 378 days
- Last price change
- No change recorded
- Listed
- Apr 29, 2025
- Photos
- 13 photos
- Property type
- condos
- Status
- for sale
Photos
Building Facts
- Year built
- 2003
- Stories
- 54
- Total units
- 180
- Residential units
- 172
- Building area
- 4.81 ac
- Lot size
- 12,630 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- RM
From NYC public records where available.
Price History
May 4, 2026Initial record
$850,000for sale
Public Records
DOB violations5 open
124 total recorded against the building
HPD violations5 open
6 total recorded
ACRIS documents0
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)20,994
Top: noise - residential
Top complaint types in ZIP 10016
- Noise - Residential3,095
- Encampment1,859
- Noise - Helicopter1,533
- Illegal Parking1,393
- Homeless Person Assistance1,091
Recent DOB
- Jun 30, 2023V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Jun 30, 2023V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Jun 30, 2023V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Jun 30, 2023V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
Recent HPD
- Jul 19, 2016Class A · § 329, M/D LAW AND DEPT. RULES AND REGS. PROVIDE A COMPLETED CERTIFICATE OF INSPECTION VISITS IN A PROPER FRAME AT OR NEAR MAILBOXES, BOTTOM EDGE OF FRAME BETWEEN 48-62 INCHES A...
- Jul 19, 2016Class A · § 27-2045 ADM CODE POST A PROPER NOTICE OF SMOKE DETECTOR REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, AT OR NEAR THE MAIL BOX SIGN MISSING AT PUBLIC HALL, 1st STORY
- Jul 19, 2016Class A · § 27-2104 ADM CODE POST AND MAINTAIN A PROPER SIGN ON WALL OF ENTRANCE STORY SHOWING THE REGISTRATION NUMBER ASSIGNED BY THE DEPARTMENT AND THE ADDRESS OF THE BUILDING. AT PUBLI...
- Jul 19, 2016Class A · § 27-2053 ADM CODE POST SIGN ON WALL OF ENTRANCE STORY BEARING NAME, ADDRESS INCLUDING APARTMENT NUMBER IF ANY, AND TELEPHONE NUMBER OF SUPERINTENDENT, JANITOR OR HOUSEKEEPER. A...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.