425 5th Avenue, New York, NY 10016 - Property report
Also known as: 1-3 E 38th St
Property type
Special Condominium Billing Lot (R0)
Year built
2003
Lot sq. ft.
12,630
General information
Due to this address' parcel subdivisions, this property report may contain limited information. For the full range of property data, view the property report of each individual parcel.
425-429 5th Ave
5 Avenue (wide)
Area overview
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Building Description
425 Fifth Avenue is a residential skyscraper located in Midtown Manhattan developed by RFR Davis and designed by Michael Graves. Completed in 2003, as of 2016 it was one of the 100 tallest buildings in New York City. It stands 618 feet tall with 55 floors and 197 residential units. Selected units have sweeping views of the Empire State Building, New York Harbor, Wall Street, Midtown, or the East River. Public elementary, middle, and high schools are all located within a mile, as is CUNY Grad School.
Building amenities include a fitness center, children's playground, entertainment room, indoor pool, event space, business center, sauna, steam room, locker rooms, outdoor roof deck, 24-hour doorman, extra storage for residents, a game room, and a public terrace. The 5th Avenue subway station is less than a quarter of a mile away. It services the B, D, F, M, and 7 trains. The N, R, Q, and W subway lines can be picked up at the 42nd Street station, which is just over a quarter of a mile away.
Ownership information for 425 5th Avenue, New York, NY
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Sales history for 425 5th Avenue, New York, NY 10016
No recently recorded sales for this property.
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Title documents
No recently recorded documents for this property.
Property taxes for 425 5th Avenue, New York, NY
Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.
This is a condominium building, so there are no property taxes. In a condominium the property taxes are paid by the individual unit owners. If you want to see the property taxes for a particular unit, look at the property report for that unit.
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Permit information for 425 5th Avenue, New York, NY
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HPD Violations
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Murray Hill, Kips Bay residential market stats
Access a detailed real estate market overview of Murray Hill, Kips Bay so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Murray Hill, Kips Bay and compare it to other neighborhoods in Manhattan.
Median sale price
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Median price/sq. ft.
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Manhattan median sale price
$1,260,000
5.4% Y-o-Y
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Risk
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Subway & traffic
Access the detailed traffic volume map for 425 5th Avenue, New York, NY 10016 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map
Schools
Data provided by GreatSchools.org © 2026. All rights reserved.
Neighbors for 425 5th Avenue, New York, NY
Nearby ZIP codes for 425 5th Avenue, New York, NY
Frequently asked questions
What is the year built for 425 5th Avenue, New York, NY 10016?
The development at 425 5th Avenue, New York, NY 10016 was built in 2003.
What is the total square footage of 425 5th Avenue, New York, NY 10016?
425 5th Avenue, New York, NY 10016 has a total of 213,279 square feet.
How many residential units does this building have?
This building has 172 residential unit(s).
Disclaimer
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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.