3 months on rocket

1255 5th Ave Unit 5B, New York City, NY, 10029

$649,999

Home List Price

$7,719*

Closing Credit

1 Full Bath
509 SqFt
$1,277/SqFt
Condo
Schools Nearby

Location

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1255 5th Ave Unit 5B, New York$649,999

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1925
CoolingWall Unit(s)
ViewPark
MLS #RPLU-5122833502
StatusActive

About 1255 5th Ave Unit 5B

<p><span>Discover the epitome of Manhattan living in this distinguished prewar condo, perfectly situated on renowned Fifth Avenue, offering an unrivaled view of Central Park. With double-paned windows ensuring a serene atmosphere, this residence exemplifies the marriage of timeless elegance and modern comfort.</span></p><p><span>As you enter the building, the convenience of a doorman and elevator sets the tone for a sophisticated lifestyle. The elegant lobby welcomes you, hinting at the character that defines this prewar gem. Relatively low carrying costs and maintenance, covering common charges and taxes, make this property practical as well as exquisite</span></p><p><span>Inside the unit, 12-foot ceilings create a spacious, light-filled, loft-like ambiance. Positioned on the fifth floor, enjoy unobstructed views above the tree line, capturing mesmerizing sunsets facing west. The versatility of this space allows you to tailor it to your lifestyle-whether it be a personal residence, a pied- -terre, or an inspiring art studio.</span></p><p><span>Located opposite Central Park and with close proximity to all transportation, indulge in the luxury of a landscaped roof deck, gym, bicycle room, and laundry on every floor. Pets are welcome, and 90% financing is allowed, enhancing the appeal of this full-service prewar condominium.</span></p><p><span>Immerse yourself in a culturally rich lifestyle with iconic NYC attractions, including the Conservatory Garden of Central Park, El Museo del Barrio, and the Museum of the City of New York at your doorstep. Leisurely strolls to the Guggenheim Museum, the Metropolitan Museum of Art, and the Central Park Reservoir are just moments away.</span></p><p><span>Seize the extraordinary opportunity to own a piece of history, combining classic charm with modern convenience, in one of Manhattan's most coveted locations. Don't miss your chance to make this prewar condo your own and experience the best of Manhattan living.</span></p>Please note that a monthly assessment of $396.48 is in place through August 2025.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Living Area: 509 SqFt

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (212) 891-7000
  • Listing Agent: Roi Nagar
  • Agent Phone: (917) 826-9432

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • View: Park
  • Exterior: Building Roof Deck, None

Utilities

Utilities Information:

  • Cooling: Wall Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,999
  • Price Per SqFt: $1,277/SqFt

HOA Fees:

  • Amount: $496
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

1255 5th Ave Unit 5B vs New York

110 DAYS ON ROCKET

+14 Days

$649,999

-$195.4K Less

$1,277/SqFt

+$640 More

KEY TAKEAWAY

This property is $195.4K less than the Median Sold Price and $640/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-5122833502

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (212) 891-7000
  • Listing Agent: Roi Nagar
  • Agent Phone: (917) 826-9432

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/28/2024, 1:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,808

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2258403
2
/10

  • East Harlem Scholars Academy Charter School

  • 1573 Madison Averm 408

  • 0.10 miles

  • Public Charter Grades KG-3

school-card-donut-2258404
3
/10

  • East Harlem Scholars Academy Charter School II

  • 1573 Madison Averm 418

  • 0.10 miles

  • Public Charter Grades KG-1

school-card-donut-2258405
5
/10

  • Central Park East I

  • 1573 Madison Ave

  • 0.12 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,136. Residents of New York, NY typically earn less than $35k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1255 5th Ave Unit 5B

What is the listing price of this property?

The listing price of 1255 5th Ave Unit 5B property is $649,999.

What type of property is this?

The property 1255 5th Ave Unit 5B is a condo located in New York City, New York, 10029.

Is this property for sale now?

Active Listing: 1255 5th Ave Unit 5B is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1255 5th Ave Unit 5B has 1 bathroom..

What is the square footage of this property?

The property 1255 5th Ave Unit 5B is 509 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1255 5th Ave Unit 5B is 1925.

Rocket Homes›New York›New York›10029›1255 5th Ave Unit 5B

This home is located at 1255 5th Ave Unit 5B in New York City, NY and zip code 10029 in the East Harlem neighborhood. This 509 square foot home was built in 1925. Features: 1 bathroom. It has been listed on Rocket Homes since January 08, 2024 and is currently priced at $649,999.

Over 154 listings were sold over their listed price in March 2024 in New York, NY. In the same period over 748 listings were sold below the listed price and 645 listings were sold for the listed price. The number of homes for sale in New York, NY increased by 3.7% between February 2024 and March 2024. In March 2024, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $845,489.

From Rocket Homes Real Estate and based on county public records data.

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