Condominium · 2010
The Residences at 400 Fifth Avenue
400 Fifth Avenue, New York, NY 10018
Buildings·Condominium

400 Fifth Avenue

400 Fifth Avenue, New York, NY 10018

At a glance
Year built
2010
Type
Condominium
The Data Room

Every recorded sale at this building, 2010–2026

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$1,704
Listing discount
6.5%
Recorded sales
238
On record
2010–2026

400 Fifth Avenue is one of the tallest mixed-use towers on lower Fifth Avenue — a 60-story limestone-and-glass landmark designed by Gwathmey Siegel & Associates and developed by Bizzi & Partners, completed in 2010. The upper floors hold the building's condominium residences; the lower floors house a five-star hotel, originally the Setai Fifth Avenue and now Langham Place. The two share the tower but operate separately, with residents entering through a private door on East 36th Street, away from the hotel's Fifth Avenue lobby.

The design is unmistakable. Gwathmey Siegel clad the building in limestone piers and set the windows at a vertical diamond angle, giving the facade a billowy, textured play of light, and crowned the tower with an illuminated, flared top that reads on the Midtown skyline. It was conceived as a serious work of architecture as much as a residential building — the subject of its own monograph — and it remains one of the most recognizable contemporary towers in the area.

For buyers, the proposition is condominium ownership — flexible, liquid, and free of a co-op board — paired with the standing service of an adjacent luxury hotel, on a Fifth Avenue corner that puts Bryant Park, the Empire State Building, Grand Central, and the Midtown core within a short walk.

Building operations

This is a full-service condominium with a hotel behind it. A 24-hour doorman and concierge attend the private residential entrance, a resident manager oversees the building, and the residences have access to the hotel's spa, fitness, and service platform. As a condominium, the building offers flexible financing with no co-op-style cap, a right-of-first-refusal in place of a board admissions process, and customary pied-à-terre, trust, LLC, and investor ownership. Subletting is permitted under the condominium's rules, which makes the building a practical choice for owners who travel, maintain a second home, or want a serviced Manhattan base. As with any hotel-adjacent condominium, buyers should weigh monthly common charges — which reflect the depth of available service — against the convenience they buy.

Local Law 97

Carbon-penalty exposure
🟠
Material — penalties in current period, escalating in 2030
2024–2029 annual penalty
$122,176/yr
2030–2034 annual penalty
$525,135/yr
Per unit / month range
$62 – $268
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

The facade passed its last inspection with no required repairs — nothing to budget for here, and no facade assessment on the horizon for roughly five years.

Inspection history
2005–10
2015–20
Safe
2020–25
Safe
2025–30
Due
Next report due
by Feb 2028
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

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.

See the full facade history →

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.

DateUnitApartmentPricePPSFvs. Ask
Mar 31, 202642B
1 BR · 1.5 BA · 806 sf
$1,370,000$1,700/sf-1.4%
Mar 24, 202633/B
1 BR · 1.5 BA · 806 sf
$1,215,000$1,507/sf-5.8%
Mar 24, 202633B
1 BR · 1.5 BA · 806 sf
$1,215,000$1,507/sf-5.8%
Dec 2, 202546H
1 BR · 1 BA · 776 sf
$1,395,000$1,798/sf-8.5%
Sep 10, 202547A
1 BR · 1.5 BA · 776 sf
$1,450,000$1,869/sf-6.5%
Jun 20, 202553H
1 BR · 1.5 BA · 776 sf
$1,395,000$1,798/sfoff-mkt
Jun 9, 202544AB
2 BR · 2.5 BA · 1,637 sf
$3,485,000$2,129/sf-0.3%
Sep 16, 202432G
1 BR · 1.5 BA · 779 sf
$1,270,000$1,630/sf-2.3%

Market read. Most recent trades (2026) cleared a median $1,704/sf across 2 sales. Median listing discount 6.5% 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.

46A · 1,637 sf+46%
$2,983,473 ($1,823/sf) 2011$4,365,000 ($2,666/sf) 2014
38A · 776 sf+40%
$1,344,090 ($1,732/sf) 2011$1,880,000 ($2,423/sf) 2015
39A · 776 sf+40%
$2,734,001 ($3,523/sf) 2011$3,825,000 ($4,929/sf) 2014
42F · 982 sf+39%
$1,512,101 ($1,540/sf) 2012$2,100,000 ($2,138/sf) 2014
38F · 982 sf+37%
$1,476,463 ($1,504/sf) 2012$2,020,000 ($2,057/sf) 2016

Other recent transfers

DateUnitPrice
Jan 3, 201252A$3,462,050
Jul 25, 201140B$1,232,083
Apr 5, 201145H$1,623,674
View all 238 recorded sales, sortable

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 1-00838-7501) 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.

What to know if you’re buying

The case for buying here is flexibility plus service. Financing is flexible — no co-op cap. There is no board admissions process — purchases clear through a right-of-first-refusal. Pied-à-terre, trust, LLC, and investment purchases are customary, and the building's hotel platform suits buyers who want a turnkey, serviced home. Weigh the common charges against the hotel amenities they unlock, and prioritize floor and exposure — the diamond-window light and the long views are what set the best apartments apart. The Gwathmey Siegel design and the building's profile give it durable identity in a stretch of Midtown that is otherwise mostly commercial.

What to know if you’re selling

The architecture and the hotel service are the marketing core. A Gwathmey Siegel tower with a luxury hotel attached is a differentiator that the surrounding stock cannot match, and the design, the views, and the service platform are durable selling points. Benchmark to branded and design-driven Midtown condominiums, not to conventional buildings — the service and the pedigree are part of the value. Closing mechanics are condominium-standard, clearing through a right-of-first-refusal on a predictable timeline. High-floor, open-view homes are the prize and define the building's pricing ceiling.

Comparable buildings

If you're considering 400 Fifth Avenue, also evaluate nearby Midtown and Murray Hill condominium inventory:

The Roebling Team at The Residences at 400 Fifth Avenue

The Roebling Team at Compass works across Midtown, Murray Hill, and the city's design-driven and hotel-branded condominiums. We publish this profile because buyers and sellers evaluating a tower like 400 Fifth Avenue deserve building-specific intelligence — the architecture, the service structure, the carrying costs, and where the pricing sits against the area's other contemporary inventory.

If you're considering a purchase or a sale at 400 Fifth Avenue, a 30-minute consultation is the right starting point.

Considering a move at The Residences at 400 Fifth Avenue?

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com