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 $1,470/sf across 5 sales. Median listing discount 3.8% 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