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Manhattan / Midtown-Times Square / 10016

425 5 AVENUE

Boro1
Block868
Lot7503
BBL1008687503
Class RM
Residential units
172
Units in total
180
Storeys
54
Year built
2003
Last alteration on file
-
Recorded transfers
363 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
1 Jul 2026$1,500,00056CSINGLE RESIDENTIAL CONDO UNITDEED
29 May 2026$842,50057BSINGLE RESIDENTIAL CONDO UNITDEED
28 May 2026$920,00021ASINGLE RESIDENTIAL CONDO UNITDEED
19 Mar 2026$1,950,00057ASINGLE RESIDENTIAL CONDO UNITDEED
17 Feb 2026$1,095,00022FSINGLE RESIDENTIAL CONDO UNITDEED
23 Sep 2025$1,130,00019ASINGLE RESIDENTIAL CONDO UNITDEED
5 Sep 2025$1,187,50040ASINGLE RESIDENTIAL CONDO UNITDEED
9 Jul 2025$850,00024CSINGLE RESIDENTIAL CONDO UNITDEED
24 Oct 2024$1,355,00045DSINGLE RESIDENTIAL CONDO UNITDEED
16 Oct 2024$1,042,50032BSINGLE RESIDENTIAL CONDO UNITDEED
22 May 2024$1,360,00023BSINGLE RESIDENTIAL CONDO UNITDEED
22 Apr 2024$1,169,50028ASINGLE RESIDENTIAL CONDO UNITDEED
28 Feb 2024$712,77512ASINGLE RESIDENTIAL CONDO UNITDEED
24 Jan 2024$1,530,00041BSINGLE RESIDENTIAL CONDO UNITDEED
12 Oct 2023$1,082,50026ESINGLE RESIDENTIAL CONDO UNITDEED
23 Dec 2022$150BSINGLE RESIDENTIAL CONDO UNITDEED
13 Sep 2022$1,062,50033BSINGLE RESIDENTIAL CONDO UNITDEED
30 Aug 2022$118CSINGLE RESIDENTIAL CONDO UNITDEED
11 Aug 2022$1,400,00048ASINGLE RESIDENTIAL CONDO UNITDEED
2 May 2022$1,150,00026DSINGLE RESIDENTIAL CONDO UNITDEED
11 Nov 2021$1,350,00021BSINGLE RESIDENTIAL CONDO UNITDEED
3 Nov 2021$999,00019DSINGLE RESIDENTIAL CONDO UNITDEED
31 Mar 2021$1,175,00046ASINGLE RESIDENTIAL CONDO UNITDEED
17 Feb 2021$935,55018ASINGLE RESIDENTIAL CONDO UNITDEED
1 May 2020$980,00019ESINGLE RESIDENTIAL CONDO UNITDEED
28 Feb 2020$795,00046CSINGLE RESIDENTIAL CONDO UNITDEED
8 Jan 2020$2,445,00060BSINGLE RESIDENTIAL CONDO UNITDEED
8 Jan 2020$795,00045CSINGLE RESIDENTIAL CONDO UNITDEED
17 Dec 2019$1,500,00048ESINGLE RESIDENTIAL CONDO UNITDEED
21 Aug 2019$1,535,00031DSINGLE RESIDENTIAL CONDO UNITDEED
8 Aug 2019$1,250,00045DSINGLE RESIDENTIAL CONDO UNITDEED
31 Jul 2019$1,025,00030BSINGLE RESIDENTIAL CONDO UNITDEED
25 Jun 2019$1,398,00047ESINGLE RESIDENTIAL CONDO UNITDEED
14 Jun 2019$1,105,00026FSINGLE RESIDENTIAL CONDO UNITDEED
7 May 2019$1,150,00031ASINGLE RESIDENTIAL CONDO UNITDEED
4 Apr 2019$1032CSINGLE RESIDENTIAL CONDO UNITDEED
18 Jan 2019$935,00046BSINGLE RESIDENTIAL CONDO UNITDEED
11 Dec 2018$1,580,00033DSINGLE RESIDENTIAL CONDO UNITDEED
26 Nov 2018$1,399,00047DSINGLE RESIDENTIAL CONDO UNITDEED
19 Oct 2018$1,330,00045ASINGLE RESIDENTIAL CONDO UNITDEED
363 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20265$1,095,000$842,500$1,950,000
20253$1,130,000$850,000$1,187,500
20246$1,262,250$712,775$1,530,000
20231$1,082,500--
20225$1,062,500$1$1,400,000
20214$1,087,000$935,550$1,350,000
20204$887,500$795,000$2,445,000
20199$1,150,000$10$1,535,000
20187$1,375,000$990,000$2,800,000
201711$1,168,000$855,000$1,815,000
20167$1,500,000$780,000$2,375,000
201511$1,270,000$770,000$2,525,000
201411$1,050,000$711,500$1,750,000
201310$1,047,500$650,000$2,400,000
201210$1,175,000$830,000$2,107,500
201110$1,165,000$579,500$2,200,000
20109$1,212,500$690,000$1,800,000
20098$947,500$600,000$1,480,000
200819$1,110,000$680,000$8,146,000
200725$1,220,000$620,000$4,750,000
200620$1,493,779$715,000$2,443,800
200551$1,002,976$466,440$3,258,400
2004116$631,315$405,600$1,552,831
20031$554,946--
02

The building on the lot

Section through the lot

LOT 12,630 SQ FT54
Drawn from PLUTO: 54 storeys, 209,528 sq ft of building on 12,630 sq ft of lot, an average floor plate covering 31% of it. Bands are drawn to a maximum of 48. It is a diagram of recorded figures, not a picture of the building.
Lot area
12,630 sq ft
Building area
209,528 sq ft
Residential area
162,558 sq ft
Commercial area
46,970 sq ft
Office area
26,823 sq ft
Retail area
19,836 sq ft
Buildings on the lot
1
Built floor area ratio
16.59
Residential FAR permitted
10
Zoning district
C5-3
03

Assessment

Assessed land value
$4,502,232
Assessed total value
$34,564,488
Exempt value
$15,510
Assessed per residential unit
$200,956

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
RM
Neighbourhood
Midtown-Times Square
ZIP code
10016
Community district
Manhattan 5
Council district
4
Coordinates
40.750965, -73.982199

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Midtown-Times Square

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
680 8 AVENUED565219201-
250 WEST 50 STREETD6550199811-
235 WEST 56 STREETRM48219870-
235 WEST 48 STREETD847719892-
770 8 AVENUED646420010-
76179 7 AVENUERM4451927453$650k
242 WEST 53 STREETD842620150-
1752 BROADWAYD6396197915-
890 8 AVENUERM39420030-
870 8 AVENUED638119650-
980 AVENUE OF THE AMERICASD638019860-
66 WEST 38 STREETRM37420010-

Every building on file in Midtown-Times Square