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Mandarin Oriental Residences, Fifth Avenue — Fifth Avenue arrival
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Fifth Avenue arrival · Photo: cdn.prod.website-files.com

Midtown

Mandarin Oriental Residences, Fifth Avenue

685 5th Avenue, New York, NY 10022

Price range

$1,750,000 – $15,000,000

29 stories · 65 residences · 2023

Building Facts

Address
685 5th Avenue, New York, NY 10022
Area
Midtown, Manhattan
Scale
29 stories · 65 residences · 2023
Status
New development
Developer
SHVO
Architecture
Marin Architects
Interiors
March and White Design
Sales
SERHANT. New Development

Plans & Budget

$1,750,000 – $15,000,000

Studio

$1,750,000 - $1,975,000

Availability
4 available
Common charges
~$3,000–$3,300 / mo
Taxes
~$1,000–$1,500 / mo

1 bed

$2,595,000 - $4,995,000

Availability
5 available
Common charges
~$3,700–$5,400 / mo
Taxes
~$2,000–$3,200 / mo

2 beds

$5,300,000 - $15,000,000

Availability
3 available
Common charges
~$6,000–$8,000 / mo (penthouses higher)
Taxes
~$3,000–$5,500 / mo

3 beds

$22,050,000

Availability
0 available
Common charges
By unit
Taxes
By unit

Figures are approximate estimates that vary by line, floor, exposure, and unit, and must be verified per unit and against the offering plan. Common-charge ranges are drawn from actual active listings (e.g. studio 7E ~$3,037; 1-bed 6B $3,675 and 22A $5,386; 2-bed 8A $6,261); tax ranges are anchored to the one confirmed disclosure (1-bed 6B ~$2,036/mo) and scaled by price, so treat them as indicative only. This 2023 conversion of 685 Fifth Avenue does not appear to carry a residential 421-a tax abatement — disclosed taxes run roughly full, not near-zero — so do not assume abated taxes. The building's published unit mix is studios, 1-beds and 2-beds (plus 2-bed penthouses) with essentially no standalone 3-bedroom residences, so 3-bed figures are listed as By unit.

Highlights

Buyer Fit

Best for buyers drawn to Central Park access, landmark New York addresses, and full-service luxury buildings.

Location & Transit

In Midtown East at Fifth Avenue and 54th Street (685 Fifth Avenue), in the heart of the Fifth Avenue luxury-retail corridor. The E and M trains at 5 Av/53 St are right at the door (about 200 ft); MoMA, Rockefeller Center and the Fifth Avenue flagships are an easy walk, and Central Park's southern edge is roughly ten blocks north.

Project Background

SHVO's full-building conversion of the landmark 1926 tower at 685 Fifth Avenue — once Gucci's global headquarters — into 65 fully-furnished, turnkey Mandarin Oriental–branded residences. Marin Architects kept 15 existing floors and added 8 above for a 29-story building, with interiors led by March and White Design and legendary Mandarin Oriental hotel service for residents. The signature draw: a rooftop crowned by Boulud Privé, Michelin-starred chef Daniel Boulud's first private dining concept, and a rooftop pool and cabanas serviced by it — an amenity package no other Fifth Avenue building can replicate.

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