400 Fifth Avenue
400 Fifth Avenue, New York, NY 10018
BBL 1008387501 · BIN 1015937
- Year built
- 2010
- Type
- Condominium
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Leasing by owners
- Permitted
- Doorman
- Full-time doorman
The Residences at 400 Fifth Avenue sales history: 237 recorded sales
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, 2026 to date
- $1,685
- floor-adjusted, 2 sales
- Listing discount
- 6.0%
- Recorded sales
- 237
- On record
- 2010–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Residences at 400 Fifth Avenue 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.
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, later Langham Place, and now The Langham, New York, Fifth Avenue. 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.
Architecture and residences
The condominium residences occupy the tower's upper floors, where the diamond-angled, floor-to-ceiling windows pull in maximum light and frame long Fifth Avenue, river, and skyline views. Interiors were finished to a high specification — rich oak flooring, custom Italian kitchens, stone counters, and full premium appliance suites — and the higher one rises in the tower, the more dramatic the outlook becomes.
Layouts range from one-bedroom homes to large multi-bedroom residences and penthouses near the crown. Because the building shares its tower with a luxury hotel, residents can tap hotel-grade services and the hotel's spa and fitness facilities, distinguishing daily life here from a conventional condominium.
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Leasing by owners
- PermittedSource: The Roebling Team's building profile
- Pied-à-terre ownership
- Not verified
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Own an apartment here? Request an apartment-specific pricing review.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $1,081 per room a monthMedian of 13 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $4.08 per square foot a monthMedian of 14 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $1.93 per square foot a monthMedian of 23 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $2.13 per square foot a monthMedian of 23 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. The split into common charges and taxes comes from the listings that also give the annual tax, a different sample, so the two lines need not add up exactly to the combined median; a tax abatement can hold taxes below the full amount until it expires. A summary of recorded sales and listings, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: The Roebling Team's building profile
- Concierge
- YesSource: recent listing records
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, spa, residents' loungeSource: 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. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $122,176/yr
- 2030–2034 annual penalty
- $633,898/yr
- Per unit / month range
- $62 – $324
- Modeled exposure split equally across 163 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the inspector (QEWI) identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
421-a Tax Abatement
- Last year of benefit
- FY2021
- Fully taxed from
- FY2022 (2021–22)
- Program
- 421-a (10-year)
The 421-a benefit has run its term, so taxes on these units have stepped up toward the full assessed amount. Get the current tax bill for the specific apartment and compare its tax component with any older listing: an earlier carrying-cost figure may reflect the benefit, or different common charges and assessments. Treat a comparable sale made while the abatement was still running as priced under different taxes.
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 — FY2022 runs July 1, 2021 to June 30, 2022. The benefit last appears on the 2021 assessment roll, which is what dates the end of the term.
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 |
|---|---|---|---|---|---|
| Mar 31, 2026 | 42B | 1 BR · 1.5 BA · 806 sf | $1,370,000 | $1,700/sf | -1.4% |
| Mar 24, 2026 | 33B | 1 BR · 1.5 BA · 806 sf | $1,215,000 | $1,507/sf | -5.8% |
| Mar 24, 2026 | 33 | 1 BR · 1.5 BA · 806 sf | $1,215,000 | $1,507/sf | -5.8% |
| Dec 2, 2025 | 46H | 1 BR · 1 BA · 776 sf | $1,395,000 | $1,798/sf | -8.5% |
| Sep 10, 2025 | 47A | 1 BR · 1.5 BA · 776 sf | $1,450,000 | $1,869/sf | -6.5% |
| Jun 20, 2025 | 53H | 1 BR · 1.5 BA · 776 sf | $1,395,000 | $1,798/sf | — |
| Jun 9, 2025 | 44AB | 2 BR · 2.5 BA · 1,637 sf | $3,485,000 | $2,129/sf | -0.3% |
| Sep 16, 2024 | 32G | 1 BR · 1.5 BA · 779 sf | $1,270,000 | $1,630/sf | -2.3% |
Market read. Most recent trades (2026 to date) cleared a median $1,685/sf (floor-adjusted) across 2 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 6.0% 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 1-00838-7501; each condominium apartment is its own tax lot). 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 The Residences at 400 Fifth Avenue, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| Studio | 3 | $4,100 |
| 1 bedroom | 28 | $6,550 |
| 2 bedroom | 15 | $9,900 |
47 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 The Residences at 400 Fifth Avenue and nearby.
At the recent median sale of $1.4M (7 sales in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $60,171 to close, or 4.3% of the price.
- Mansion tax: $13,950
- Mortgage recording tax: $20,140
- Title insurance: $6,277
- Attorneys, lender, building fees, reserves and filings: $19,803
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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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:
- 321 Fifth Avenue — Fifth Avenue building near Madison Square
- 284 Fifth Avenue — Fifth Avenue residence to the south
- 175 Fifth Avenue — landmark Fifth Avenue address
- 100 East 53rd Street — contemporary Midtown East condominium
- 50 Park Avenue — full-service Murray Hill building
- 45 Park Avenue — modern Murray Hill condominium
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 The Residences at 400 Fifth Avenue?
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646.939.7375 · c.cohen@compass.com