The Crown Building / Aman New York Residences (730 Fifth Avenue)
730 Fifth Avenue, New York, NY 10019
BBL 1012727503 · BIN 1035053
- Year built
- 1921
- Type
- Condominium
- Condominium residences
- 22
- Pets
- Permitted under condominium rules
- Subletting
- Permitted under the condominium declaration
- Pied-à-terre
- Generally allowed in condominiums; not confirmed for this building
- Landmark status
- Individual landmark; not in a historic district
- NYC Landmarks Preservation Commission records, updated February 2026
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, 2026 to date
- $5,428
- 2 sales
- Listing discount
- 16.1%
- Recorded sales
- 28
- On record
- 2022–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Crown Building 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.
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.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $3,283 per room a monthMedian of 4 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $5.23 per square foot a monthMedian of 5 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $3.91 per square foot a monthMedian of 9 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $1.44 per square foot a monthMedian of 9 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
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Pool, spaSource: 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
- $461,025/yr
- 2030–2034 annual penalty
- $1,112,030/yr
- Per unit / month range
- $1,746 – $4,212
- Modeled exposure split equally across 22 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).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2025–30. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
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, 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 |
|---|---|---|---|---|---|
| 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 | — |
| Jul 29, 2024 | 23A | 6,296 sf | $64,000,000 | $10,165/sf | — |
Market read. Most recent trades (2026 to date) cleared a median $5,428/sf (recorded) across 2 sales. Median listing discount 16.1% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
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; 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.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at The Crown Building and nearby.
At the recent median sale of $22.13M (4 sales in the past 24 months, since November 3, 2024), a buyer putting 25% down would pay about $1,343,880 to close, or 6.1% of the price.
- Mansion tax: $829,688
- Mortgage recording tax: $319,430
- Title insurance: $99,562
- Attorneys, lender, building fees, reserves and filings: $95,200
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
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.
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
More Central Midtown buildings
- 20 West 53rd Street — 2015 condominium by Skidmore, Owings & Merrill
- 35 West 54th Street — co-op
- 40 West 55th Street — 1925 condominium by Rosario Candela
- 45 West 54th Street — 1948 co-op
- 8–16 West 45th Street — condominium
- Museum Tower, 15 West 53rd Street — 1985 condominium by Pelli Clarke Pelli Architects
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Central Midtown.
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 Crown Building?
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646.939.7375 · c.cohen@compass.com