- Year built
- 1921
- Type
- Condominium
- Units
- 22
- Floors
- 4
- Landmark
- Designated
- Pets
- Permitted under condominium rules
- Subletting
- Permitted under the condominium declaration
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2022–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $5,909
- Listing discount
- 14.0%
- Recorded sales
- 29
- On record
- 2022–2026
730 Fifth Avenue — the Crown Building — occupies one of the most prominent positions in Manhattan: the southwest corner of Fifth Avenue and 57th Street, at the foot of Billionaires' Row. Designed in 1921 by Warren & Wetmore, the architects of Grand Central Terminal, its gilded crown has been a recognizable feature of the Fifth Avenue skyline for more than a century. Its conversion into the Aman New York hotel and 22 ultra-luxury condominium residences, completed in 2022, made it one of the defining trophy buildings of the modern Manhattan market — and Aman's first urban residential project anywhere in the world.
The building's premise is service at a level few residential buildings in the city can match. The 22 residences sit above the Aman New York hotel, which occupies floors of the tower below; the hotel's Michelin-recognized hospitality program, its three-floor spa with a 67-foot indoor pool, its restaurants, and its private Members Club are all woven into the residential experience. Owners arrive through a discreet private entrance on West 56th Street and use dedicated residential elevators that also reach the hotel, spa, and club directly. The result is a building that pairs a landmark address and architecture with hotel-grade service of the highest order.
That program defines the buyer pool. The residences are large — averaging well over 4,000 square feet — and priced at the top of the global trophy market; the building's 2022–2024 sales established it firmly among the city's most expensive addresses, including one of the largest residential transactions of its year. Buyers here are buying a service experience and a landmark address as much as square footage.
Architecture and unit composition
The original 1921 Warren & Wetmore tower is a Beaux-Arts landmark, its gilded crown a century-old fixture of the Fifth Avenue skyline. The conversion preserved the building's landmark exterior while reconstructing the interior into a hotel-and-residential program, with the 22 condominium residences occupying the upper floors above the Aman hotel.
The residences are large by Manhattan standards — averaging well over 4,000 square feet — befitting a building positioned at the apex of the luxury market. Layouts, exposures, and view altitude vary by floor; the upper-floor residences command Central Park, Fifth Avenue, and skyline sight lines. As with any trophy building, each residence should be evaluated on its own configuration, exposure, and finish level.
Building operations
The Crown Building operates as an ultra-luxury condominium above the Aman New York hotel. Resident services draw on the hotel's full infrastructure: the three-floor Aman Spa with its 67-foot indoor pool, the private Members Club, restaurants, a sky lobby, and dedicated residential elevators with direct access to the hotel, spa, and club. The private residential entrance on West 56th Street separates resident arrival from hotel traffic.
As with any mixed-use condominium of this kind, the allocation of operating costs between the residential and hotel components, the resident-service program, and the house rules are governed by the condominium documents. Prospective buyers should review the offering plan and amendments, the most recent condominium financial statements, the budget and reserve picture, any board minutes, and any active litigation during due diligence. Carrying costs — common charges, property taxes, and any service-program fees — are substantial at this tier and should be modeled in full.
Recent sales
As a condominium, residences at the Crown Building are priced and evaluated on a price-per-square-foot basis, hedged by the reality that at this tier each residence is effectively a bespoke asset — view altitude, exposure, floor level, finish, and the value buyers place on the Aman service program all drive significant pricing variation. The building's small unit count (22 residences) means individual closings carry exceptional weight, and the buyer pool is global.
The building's 2022–2024 sales established it among the most expensive addresses in the city, including a top-of-market transaction in the $100M+ range. Buyers and sellers should treat in-building comparables as the primary evidence, read carefully against floor and exposure, and benchmark against the broader Billionaires' Row trophy set rather than the general Midtown condominium market.
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jan 23, 2026 | 18B | 2 BR · 2.5 BA · 3,416 sf | $19,750,000 | $5,782/sf | -18.7% |
| Jan 15, 2026 | 16B | 2 BR · 2.5 BA · 3,646 sf | $18,500,000 | $5,074/sf | -14.0% |
| Dec 30, 2025 | 18A | 3 BR · 3.5 BA · 3,746 sf | $24,500,000 | $6,540/sf | -18.2% |
| Jul 30, 2025 | 16A | 4,468 sf | $28,000,000 | $6,267/sf | off-mkt |
| Dec 30, 2024 | 25A | 5,767 sf | $66,000,000 | $11,444/sf | off-mkt |
| Aug 14, 2024 | 16B | 2 BR · 2.5 BA · 3,646 sf | $20,721,225 | $5,683/sf | off-mkt |
| Jul 29, 2024 | 23A | 6,296 sf | $64,000,000 | $10,165/sf | off-mkt |
| Mar 20, 2024 | PH23 | 4 BR · 5.5 BA · 6,296 sf | $50,604,750 | $8,038/sf | -9.6% |
Market read. Most recent trades (2026) cleared a median $5,909/sf across 2 sales. Median listing discount 14.0% 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 1-01272-7503) 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.
What to know if you’re buying
You are buying a service experience and a landmark. The Aman program — spa, pool, Members Club, restaurants, and hotel-grade service — is the central proposition, alongside one of the most recognizable addresses in Manhattan. If you want a strictly residential building, the trophy condominiums of Billionaires' Row offer pure-residential alternatives.
Model the full carry. Common charges, property taxes, and any service-program fees are substantial at this tier. Underwrite the complete monthly cost before you make an offer.
Condo flexibility is real. Expect 30–45 day closings, foreign-buyer acceptance, and pied-à-terre, investment, and sublet use permitted under the declaration.
Diligence on the conversion applies. Review the offering plan, condominium financials, reserve study, and any active litigation. The Roebling Report's coverage of construction and conversion risk in The Cracks in a $90M Penthouse frames the diligence questions that apply to any recent high-end conversion.
Mansion tax cliff effects are major. At this building's pricing, multiple cliff thresholds apply. Run pricing through the Mansion Tax Calculator.
What to know if you’re selling
Marketing requires global reach. The buyer pool is international; access to global broker networks is material to selling at this building's price points.
The Aman program is the marketing story. The spa, pool, Members Club, and hotel-grade service — alongside the landmark address — are the building's defining differentiators and should anchor the presentation.
Pricing requires residence-level context. With only 22 residences, comparables are scarce and heterogeneous; view altitude, exposure, floor, and finish all drive pricing. In-building history, carefully adjusted, is the strongest evidence.
Closing timelines are condo-fast. 30–45 days from contract to closing.
Comparable buildings
If you're considering the Crown Building, also evaluate:
- One57 (157 West 57th) — the supertall that started Billionaires' Row, condominium above a Park Hyatt hotel
- 220 Central Park South — Stern's limestone supertall on Central Park South
- 111 West 57th (Steinway Tower) — the slimmest supertall, a very small unit count
- Central Park Tower (217 W 57th) — the tallest residential building in the world
- 432 Park Avenue — a supertall pure condominium nearby
The Roebling Team at The Crown Building
The Roebling Team at Compass specializes in Park-facing Manhattan, the modern supertall corridor, and the city's trophy condominium market. We publish this building profile because trophy buyers and sellers deserve building-specific intelligence — the architecture and landmark history, the operational reality of a hotel-and-residential program, the transactional mechanics, and pricing read at the residence level — not generic market commentary.
If you're considering a purchase or sale at the Crown Building, a 30-minute consultation is the right starting point. We'll bring the context this page provides plus the transactional specifics your situation requires — financial structuring, due-diligence priorities, comparable analysis at the residence level, and the pacing that fits your timeline.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Flatiron — read The Roebling Team Guide to Flatiron.
Get the full picture on this building.
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