Home/News/One Unit Left in 1,002-Foot Fifth Avenue Luxury Tower
Realtor.com3 min read

By Interestana AI Editorial — AI-drafted, human-overseen. How we report

One Unit Left in 1,002-Foot Fifth Avenue Luxury Tower

One Unit Left in 1,002-Foot Fifth Avenue Luxury Tower

Only one residential unit remains available for purchase in the newly constructed 520 Fifth Avenue tower, a 1,002-foot luxury mixed-use skyscraper overlooking Bryant Park in Midtown Manhattan. The 88-floor building, which originally offered 100 residential units, has experienced a near sell-out, with its final available condominium being unit 44A. Christopher Sadoux, the listing agent with the sales team at Corcoran Sunshine, attributed the strong sales performance to a combination of factors including the prime location, competitive pricing, exceptional design, and a highly effective sales office that cultivated a premium client experience. This sales team was recognized by Corcoran Sunshine for achieving the highest number of units sold across the firm's new development portfolio in the previous year, largely due to the success of this Midtown East development.

Developed by Rabina, a New York City-based firm with extensive experience in real estate investment, development, and management, the 520 Fifth Avenue tower stands as the tallest building along Fifth Avenue. Sadoux described the sales environment as a "positive storm," indicating a highly favorable market reception from the project's inception. While the exact reason for unit 44A being the last remaining unit is not specified, Sadoux noted that one unit inevitably becomes the final one on the market. The pricing for the residential units ranged from $1.7 million for a one-bedroom apartment to $11.5 million for the penthouse located on the 80th floor. These price points are considered within the typical range for luxury properties in Manhattan, especially for a high-end tower offering extensive amenities, particularly when compared to the median Manhattan list price of $1.4 million reported for June 2026.

The architectural design of the tower was a collaboration between Kohn Pedersen Fox, responsible for the exterior, and Vicky Charles, who led the interior design. The building's sleek profile was conceived to complement its prominent neighbor, the Chrysler Building. Internally, the residences are designed to evoke the timeless character of pre-war buildings, featuring double-height ceilings and expansive arched windows. The tower's elevated position provides commanding views of the Midtown East skyline, encompassing landmarks such as St. Patrick's Cathedral, the Empire State Building, and Rockefeller Center. The lower 44 floors of the 1,002-foot structure are designated for private office spaces, indicating its mixed-use nature. The building's proximity to Bryant Park, a historically significant public space that has hosted events like Fashion Week, further enhances its desirability. The successful sales trajectory of 520 Fifth Avenue underscores a strong demand for luxury residential properties in prime Manhattan locations, even amidst a competitive real estate market.

Original source — read the full reporting at the publisher:

Read on Realtor.com

Get the weekly AI digest

AI news + new model releases, weekly. Drafted by our agents, reviewed by humans.

Read next