3 months on rocket

721 5th Ave Unit 48/49D, New York City, NY, 10022

$8,250,000

4 Bedrooms
4 Full Baths, 1 Partial
3,316 SqFt
$2,488/SqFt
Multi
Schools Nearby

Location

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Property Highlights

Home TypeDuplex
Year Built1983
CoolingCentral Air
ViewCity, River
MLS #RPLU-5122839515
StatusActive

About 721 5th Ave Unit 48/49D

<p>Pristine 7-room duplex Condo on high floor offering stunning views of Central Park and city skyline. The residence spans 3,316 square feet across 3 bedrooms, a library, formal dining room, eat-in-kitchen, 4 full bathrooms and 1 powder room.<br><br>Enter through a gracious gallery with marble floor and cove lit ceiling to the corner living room with custom wet bar, built-ins and Central Park view. Also on this floor are 2 additional bedrooms with en-suite bathrooms.<br><br>The well-appointed chef's kitchen with breakfast lounge and separate large windowed dining room has open city views to the North and East. The kitchen features oak flooring with custom finish and granite countertops as well as a Thermador double range with custom stainless steel hood, convection microwave and steam oven, Miele cappuccino maker, twin Miele dishwashers, Thermador refrigerator and a 72" Perlick wine cooler.<br><br>The custom designed marble and wrought iron staircase leads to the palatial, park facing primary suite with elegant custom finishes including built-ins and closets designed by a Tom Ford staff architect. There are dual full marble bathrooms, heated floors, heated towel bars, Kohler steam showers, waterproof speakers and a large bathtub with jet system. At the opposite end of the primary suite's corridor is a separate study or dressing room.<br><br>This home features a Crestron Smart Home integrated system coordinating lighting, security, sound and climate to silent insulated ducts, a soundproofed flooring system, custom built-in audio, electric shades and drapes, custom lighting, a discrete laundry room and oak floors throughout.<br><br>721 Fifth Avenue is a white glove condominium in the heart of Midtown. Moments from Central Park, it is surrounded by some of the world's most renowned and luxurious retailers. The Residences enjoy their own private entrance on 56th Street and the full service condominium offers all the elements of elite living including a full-time doorman, concierge, 2,500 square-foot fitness center overlooking the park, valet, maid service and stunning views.</p>

Property Details

Property Features

Property Information:

  • Year Built: 1983
  • Living Area: 3,316 SqFt

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (212) 891-7000
  • Listing Agent: Lauren Muss
  • Agent Phone: (917) 509-7777

Interior Features

Interior Information:

  • Basement: No
  • Interior: Separate/Formal Dining Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: City, River
  • Exterior: None

Utilities

Utilities Information:

  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,250,000
  • Price Per SqFt: $2,488/SqFt

HOA Fees:

  • Amount: $7968
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

721 5th Ave Unit 48/49D vs New York

119 DAYS ON ROCKET

+23 Days

$8,250,000

+$7.4M More

$2,488/SqFt

+$1.8K More

KEY TAKEAWAY

This property is $7.4M more than the Median Sold Price and $1.8K/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-5122839515

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (212) 891-7000
  • Listing Agent: Lauren Muss
  • Agent Phone: (917) 509-7777

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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: 5/6/2024, 9:20:34 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

$49.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$24.8K

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-7124515
9
/10
  • PS 59 Beekman Hill International

  • 231249 East 56th St

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-7124516
10
/10
  • East Side Elementray School-PS 267

  • 213 E 63rd St

  • 0.56 miles

  • Public District Grades PK-3

school-card-donut-7124517
7
/10
  • PS 212 Midtown West

  • 328 W 48th St

  • 0.75 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $122,845. Typical income of New York, NY residents is $200k+ annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesNew YorkNew York10022721 5th Ave Unit 48/49D

This home is located at 721 5th Ave Unit 48/49D in New York City, NY and zip code 10022 in the Midtown East neighborhood. This 3,316 square foot home was built in 1983. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 08, 2024 and is currently priced at $8,250,000.

In April 2024 more than 168 listings in New York, NY were sold above the asking price. During the same period more than 758 listings were sold at asking price, while more than 748 were sold below. The inventory of homes for sale in New York, NY between March 2024 and April 2024 increased by 3.8%. In April 2024, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $849,191.

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

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