321 Fifth Avenue

The tower is a contemporary curtain-wall design, its facade animated by a stepped, gently bowed crown that distinguishes it on the Fifth Avenue skyline. The full-height glazing is the point: at 41 stories the building delivers light and open-sky exposures that lower neighborhood buildings cannot, and the high floors trade directly on the Empire State Building view to the south.

The 250 residences run from studios and one-bedrooms through larger two- and three-bedroom layouts across many distinct lines, so the building offers an unusually varied floor-plan menu for its size. Interiors carry the open kitchens, generous windows, and modern finishes expected of a mid-2000s luxury condo. Exposure and height govern value — north-facing high floors and the south-facing lines with the Empire State outlook carry the building's premium.

The building runs as a full-service luxury condominium. A 24-hour doorman and concierge staff the lobby, and the centerpiece is the Fifth Avenue Club, a dedicated amenity floor with an indoor swimming pool, a fitness center, a yoga and aerobics studio, sauna and locker rooms, a screening room, a children's playroom, and a business center — an amenity suite rare for the neighborhood and scaled to the building's 250 households. An on-site parking garage and bicycle storage round out the package.

As a condominium, financing is flexible and not bound by the strict caps common at neighborhood co-ops, and pied-à-terre ownership, subletting, and purchases through trusts or LLCs are permitted under the bylaws — the ownership freedom that draws investors, international buyers, and second-home purchasers to the building. Pets are welcome, subject to the house rules.

Recent sales

Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

Market read. Most recent trades (2026) cleared a median $1,455/sf across 4 sales. Median listing discount 4.3% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00862-7503) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. 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.

This is the building to consider when you want a high-rise condominium with resort-grade amenities and a marquee view, without paying the Fifth-and-Park trophy premium. The condominium structure means a far lighter purchase process than a co-op — a right-of-first-refusal in place of a board package and interview — plus flexible financing and the freedom to sublet or hold as a pied-à-terre.

Inside the building, view and height are the decisive variables. The south-facing residences with the Empire State Building outlook are the building's signature product and price accordingly; north and side exposures offer open light at gentler numbers. Because the building turns over frequently, a target unit can be benchmarked precisely against recent sales of the same line — we help read those comps and assess renovation condition, which varies across a building of this size and age.

The marketing case is clear: a full-amenity condominium tower facing the Empire State Building, with an indoor pool and fitness club, a garage, and a 24-hour staff — at a price point that reaches a broad buyer pool of trade-up owners, pied-à-terre purchasers, and investors. The building's permissive sublet and ownership posture widens that pool further.

Two factors set the achievable price. First, the specific view and exposure — a south-facing high floor with the Empire State outlook is a different (and higher) product than an interior line, and the listing should lead with whatever the residence's outlook actually is. Second, condition — in a 2005 building, an updated kitchen and bath materially shorten time on market. With frequent internal turnover, comparable lines establish a clear, defensible price, and a condominium resale clears through a right-of-first-refusal rather than a co-op board — a faster, more predictable close that itself appeals to this building's flexibility-minded buyer.

If you're evaluating 321 Fifth Avenue, these nearby Murray Hill and Midtown East buildings make a useful comparison set:

• 14 East 33rd Street — Murray Hill / NoMad-edge building a block north
• 20 East 35th Street — Murray Hill building nearby
• 144 East 36th Street — Murray Hill building to the east
• 325 Lexington Avenue — Murray Hill full-service building
• 50 Park Avenue — Park Avenue building to the east

The Roebling Team at Compass specializes in Midtown East, Murray Hill, NoMad, and the broader Manhattan condominium market. We publish this profile because buyers and sellers evaluating a large full-amenity condominium tower deserve building-specific intelligence — how view and exposure drive value here, what the Fifth Avenue Club adds to the proposition, and how the building's active turnover should shape a buying or pricing strategy.

If you're considering a purchase or sale at 321 Fifth Avenue, a 30-minute consultation is the right starting point.