520 Fifth Avenue Reaches 60% Capacity Shortly After Launching Sales

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Renowned as the future tallest residential building on Fifth Avenue, 520 Fifth Avenue distinguishes itself in the NYC real estate market with its upscale amenities and thoughtful design. Comprising 100 premier residences, this development has closed 60 contracts since sales launched about four months ago, putting it on track toward becoming NYC’s fastest-selling residential building of 2024. 

This deluxe 1,000-foot-tall mixed-use tower is expected to reach completion in 2026, though the remaining luxury units will likely be scooped up long before then. Homebuyers are responding overwhelmingly well to 520 Fifth Avenue’s competitive pricing, proximity to Midtown Manhattan amenities, Kohn Pedersen Fox (KPF) beaux-arts-inspired architecture, and quality interior design by Vicky Charles of Charles & Co.

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The remaining one- to three-bedroom units feature flawless millwork, white lacquer cabinetry, and wide-plank white oak floors. Many also have private corner terraces and 14-foot-tall ceilings, among other opulent contemporary highlights. 

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Upon completion, residents will have access to the tower’s state-of-the-art Penthouse 88 Amenity Suite, outfitted by Charles & Co. Standing 900 feet above street level, this suite features a luxurious library overlooking the Manhattan skyline, a glass-walled solarium, a walnut-paneled lounge with a Honed Emperador marble fireplace and elegant furnishings, an interactive game room presenting Central Park views to the north and Fifth Avenue views to the east, and a private dining room, perfect for hosting both formal and casual events while admiring the adjacent Empire State Building.  

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With prices starting at $1.75 million, now is the ideal time to secure one of the remaining 50 units before they sell out.