The Real Deal New York

New Condos: Midtown
400 Fifth Avenue

July 10, 2014 12:03PM

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400 Fifth Avenue

The Bizzi & Partners-developed, Gwathmey Siegel-designed 400 Fifth Avenue is noted for its jagged windows and massive steel crown. With the Setai Hotel taking up the bottom 30 floors of the 57-story building, the nearly 190 residential units begin on the 31st floor. The building was one of architect Charles Gwathmey’s last projects before his death in 2009, and its creation is the subject of a book by architectural photographer Evan Joseph. Asking prices for the 9 residences available at press time begin at $1.14 million for a 464-square-foot studio. A penthouse measuring over 3,000 square feet, is asking 12.2 million. The building has linen and turndown service, and on-call doctors, dentists and pharmacists. Contact www.400fifthavenue.com or 212-736-3500.

NAME400 Fifth AvenuePRICE RANGEFrom $1,140,000 to $12,206,000
ADDRESS400 Fifth AvenueSIZE RANGEFrom 464 Sq Ft to 3,590 Sq Ft
TYPENew BuildingAVG PPSF$2,691
TOTAL UNITS184TAX ABATEMENTYes
DEVELOPERBizzi & Partners DevelopmentAVG COMMON CHARGE$1.48/sf
BROKERDouglas EllimanFINISHED BYComplete

Source: Streeteasy, BuzzBuzzHome, TRD, news reports. Data as of early July. List primarily includes Manhattan condo projects that have started sales since Jan. 1, 2010 that have units on market. Projects that started sales since Jan. 1, 2010 that subsequently sold out, have all units in contract or don’t currently have any listings on the market were excluded in most cases. “Price range,” “Size range,” “Avg PPSF (Price Per Square Foot)” and “Common Charge” refer to units currently for sale.
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