1485 Fifth Avenue (5th on the Park)
1485 Fifth Avenue, New York, NY 10035
BBL 1017467501 · BIN 1087768
- Year built
- 2007
- Type
- Condominium
- Units
- 194
- Floors
- 28
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Doorman
- Full-time doorman
Every recorded sale at this building, 2009–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $1,059
- floor-adjusted, 5 sales
- Listing discount
- 1.3%
- Recorded sales
- 238
- On record
- 2009–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 5th on the Park would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
5th on the Park is a 28-story mixed-use church-condominium tower at Marcus Garvey Park — among the editorially rare buildings to integrate a 1,800-seat sanctuary into the lower floors of a luxury condo tower.
What makes the building genuinely unusual is its Bethel Gospel Assembly mixed-use church configuration, a 1,800-seat sanctuary woven into the lower floors in a way rarely seen in NYC residential. That singular tower enjoys direct Marcus Garvey Park frontage, a full blockfront facing the green. And underwriting the economics is a 421-a abatement that anchors monthly carrying costs.
Architecture and building operations
Direct frontage on Marcus Garvey Park. Developed by Uptown Partners LLC + Artimus Construction + Phoenix Realty Group — the Uptown Partners team (Holland, Caldwell, Futterman) also did The Lenox. Brazilian cherry floors; 9-10 ft ceilings; floor-to-ceiling windows. The mixed-use church-condo structure is editorially rare — the building integrates a 1,800-seat sanctuary into the lower floors of a luxury condo tower.
Operations: 24-hour attended lobby; 55-foot indoor heated lap pool with sundeck; fitness center; 13th-floor resident lounge with catering kitchen; children's playroom; on-site valet garage; bike storage; live-in superintendent; furnished rooftop with gas grills.
Policy framework
- Type: Condominium
- Pets: Permitted
- Pied-à-terre: Permitted
- Subletting: Permitted
- Financing: Standard condominium LTV
- LLC/trust/foreign buyers: All permitted
- Right of first refusal: Procedural only
- 421-a abatement in effect
Application and transaction fees
Fees below are from building management's published schedule, as of October 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
5 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $700 ($750 without a Broker) | Refundable Not stated |
| Credit Check FeePer applicant | Paid by Buyer | When With the application | Amount $125 per applicant | Refundable Not stated |
| Move-In Fee | Paid by Buyer | When With the application | Amount $500 | Refundable Non-refundable |
| Move-Out Fee | Paid by Seller | When With the application | Amount $500 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-In Deposit | Paid by Buyer | When With the application | Amount $500 | Refundable Refundable |
Rental or lease
5 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-Out Fee | Paid by Landlord | When With the application | Amount $500 | Refundable Non-refundable |
| Application Processing Fee | Paid by Tenant | When With the application | Amount $700 ($750 without a Broker) | Refundable Not stated |
| Credit Check FeePer applicant | Paid by Tenant | When With the application | Amount $125 per applicant | Refundable Not stated |
| Move-In Fee | Paid by Tenant | When With the application | Amount $500 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-In Deposit | Paid by Tenant | When With the application | Amount $500 | Refundable Not stated |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Building staffing and amenities
- Doorman
- Full-time doormanSource: recent listing records
- Concierge
- YesSource: recent listing records
- Attended lobby
- YesSource: The Roebling Team's building profile
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Valet
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, pool, residents' lounge, playroom, roof deck, garage, bike storageSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed September 2026.
421-a Tax Abatement
- Last year of benefit
- FY2035
- Years remaining
- ~10 yrs
- Program
- 421-a (25-year)
A long-dated tax benefit still in place — a meaningful carrying-cost advantage today. Note the eventual step-up toward full taxes when the abatement ends.
Source: NYC Dept. of Finance property-tax exemption records (421-a), refreshed 2026-09-06 · The Roebling Research Library. Confirm the exact step-up schedule on the building’s DOF tax bill. Years shown are NYC tax years, which start July 1 — FY2036 runs July 1, 2035 to June 30, 2036.
The 421-a Expiration Wave — our study of when these benefits expire citywide, and what the resale record shows about pricing as they do.
Recent sales
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Sep 14, 2026 | 15H | 3 BR · 2 BA · 1,744 sf | $1,830,000 | $1,049/sf | -6.2% |
| Aug 3, 2026 | 19C | 3 BR · 2 BA · 1,462 sf | $1,670,000 | $1,142/sf | -1.5% |
| Apr 23, 2026 | 13D | 1 BR · 1 BA · 856 sf | $725,000 | $847/sf | -8.8% |
| Mar 31, 2026 | 11B | 2 BR · 2 BA · 1,041 sf | $1,050,000 | $1,009/sf | -4.5% |
| Feb 10, 2026 | 23A | 2 BR · 2 BA · 1,220 sf | $1,075,000 | $881/sf | +0.0% |
| Dec 23, 2025 | 9G | 1 BA · 573 sf | $465,000 | $812/sf | -6.8% |
| Sep 22, 2025 | 24F | 3 BR · 2.5 BA · 1,811 sf | $1,799,000 | $993/sf | -5.1% |
| Aug 22, 2025 | 16E | 2 BR · 2 BA · 1,088 sf | $955,000 | $878/sf | -17.0% |
Market read. Most recent trades (2026 to date) cleared a median $1,059/sf (floor-adjusted) across 5 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 1.3% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01746-7501). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
Closed rents at 5th on the Park, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 3 | $3,850 |
| 2 bedroom | 4 | $4,575 |
10 closed leases, October 2023 to September 2026. Most recent lease September 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at 5th on the Park and nearby.
At the recent median sale of $1.1M (11 sales since 2024), a buyer putting 25% down would pay about $49,466 to close, or 4.5% of the price.
- Mansion tax: $11,000
- Mortgage recording tax: $15,881
- Title insurance: $4,950
- Attorneys, lender, building fees, reserves and filings: $17,635
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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Comparable buildings
- The Lenox (380 Lenox Avenue) — GF55 2006; nearby Harlem peer
- 88 Morningside Avenue — Gross 2012; nearby Harlem peer
- The Normandie (100 W 119th) — 1910 / 2005 condo; nearby Harlem peer
- 409 Edgecombe Avenue — Schwartz & Gross 1916; nearby Sugar Hill peer
- Graham Court — Clinton & Russell 1901; nearby Harlem landmark peer
Sources: The Roebling Research Library (offering plans, house rules, financial statements, board minutes, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.
More Harlem buildings
- 725 Riverside Drive (The Imperator) — 1914 condominium
- 1399 Park Avenue — 2016 condominium by Hill West Architects
- 1400 Fifth Avenue — 2003 condominium
- Copper Hill, 1595 Lexington Avenue — 2007 condominium
- Lexington Hill Condominiums, 1635 Lexington Avenue — 2013 condominium
- Madison Park Apartments, 1831 Madison Avenue — 2001 co-op
The neighborhood
For the full corridor — architecture, transit, and pricing across Harlem — read The Roebling Team Guide to Harlem.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at 5th on the Park?
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646.939.7375 · c.cohen@compass.com