Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
225 5TH Avenue #5N

For Sale · Listing by Corcoran Group

225 5TH Avenue #5N

NoMad, Manhattan

$1,425,000

Interested in this property?
Active For Sale • Condo

$1,425,000

$1,468 per sq ft

225 5TH Avenue #5N

NoMad, Manhattan

The Grand Madison

MLS® #RLS20122334

RLS at REBNY

Listing by Corcoran Group

1
Bedroom
1
Bath
971
Sq. Ft.
1900
Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 971 sq ft
Year Built 1900
Ownership Condo
HOA/Common Charges $1,077/mo
Property Taxes Contact for details
Neighborhood NoMad
Floor 5 of 13

Property Highlights

  • Views: Other
  • Climate Control: Central Air
  • Character: Pre-war building (1900)

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 5 of 13
View Other
Cooling Central Air
Pets Yes
Year Built 1900
Living Area 971 sq ft
Structure Type HighRise
Basement Other
Parcel # 0856-1166
Block/Lot 00856/1274

Listing History

Event Date Price Change
Listed Oct 22, 2026 $1,425,000 -
Currently Oct 22, 2026 $1,425,000 -

Description

Ideally situated on Fifth Avenue, directly across from Madison Square Park, this spacious one-bedroom, one-bathroom loft with a separate home office offers a flexible layout, soaring ceilings, and the convenience of in-unit laundry in one of downtown Manhattan's most desirable condominium buildings. The residence features an expansive living and dining area with high ceilings and ample space for entertaining. Just off the main living space, a separate interior home office provides additional flexibility and can easily serve as a guest room or nursery. The open chef's kitchen is outfitted with sleek Poggenpohl cabinetry, stainless steel appliances, and generous counter space, making it equally suited for everyday living and entertaining. Additional features include an in-unit washer and dryer and central heating and air conditioning. Originally built in 1906, The Grand Madison is a distinguished full-service condominium overlooking Madison Square Park. Residents enjoy a 24-hour doorman, concierge, fitness center, and dedicated on-site staff. The building also offers valet services that can coordinate laundry, dry cleaning, tailoring, shoe shining, housekeeping, and package management. Located at the intersection of NoMad and the Flatiron District, The Grand Madison offers immediate access to some of Manhattan's best dining, shopping, and cultural destinations. Madison Square Park is just across the street, while Eataly, Eleven Madison Park, Ilili, and an exceptional collection of neighborhood restaurants and boutiques are all moments away. With its prime Fifth Avenue address, full-service amenities, and proximity to Madison Square Park, this residence offers an exceptional opportunity to enjoy downtown living in one of the neighborhood's most established condominium buildings.

Features & Amenities

Interior Features

Building Other Washer Hookup In Unit

Exterior Features

None

Building Amenities

Elevators Storage

Building Information

Financial Details

Common Charges $1,077/mo
RE Taxes Contact for details

NoMad, named for its position North of Madison Square Park, spans from roughly 25th to 30th Streets between Sixth and Lexington Avenues. The neighborhood's housing includes Beaux-Arts prewar cooperatives, boutique condo conversions, and modern luxury towers, all within walking distance of the N, Q, R, W, and 6 trains. Madison Square Park anchors the southern edge, and the area's commercial corridor along Broadway features a concentration of ground-floor restaurant and retail space.

NoMad Live Market Data

View Neighborhood

Active Listings

85

Median Asking Price

$2.50M

Median $/Sqft

$2,041

Avg Days on Market

N/A

New This Week

5

Price Reduced

27%

Sold (30 Days)

7

Median Sale Price

$1.80M

Live data from RLS at REBNY • Updated 10/22/26, 7:38 PM EST

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Location

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225 5TH Avenue #5N, NoMad, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1907
Year Built
119 years old
13
Floors
187
Residential Units
C5-2
Zoning District
Condominiums Historic District: Madison Square North Historic District

Tax & Assessment

Assessed Value: $57,109,492
Land Value: $18,899,989
Exemptions: $2,230

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 31,106 SF
Building Area: 274,281 SF
Built FAR: 8.82
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,077 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 971 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1900, making it approximately 126 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $1,425,000 for 971 sq ft, the asking price per square foot is approximately $1,468. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20122334
First Listed: 10/22/2026
On Market: 10/22/2026
Price Changed: 10/22/2026
Contract Date: 10/22/2026

Listing Courtesy of Corcoran Group - Connor Cuccinelli Cuccinelli

Listing Contact: (551) 497-3119

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 10/22/2026 at 11:38 PM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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NoMad Market Update

7 sales last 30 days · $2.50M median · 12.1 months supply

Read Full Report

New listings in this building

Quick Facts

Status Active Type Condo Neighborhood NoMad Borough Manhattan
County New York
Floor 5 of 13
Year Built 1900
First Listed 10/22/2026
Living Area 971 sqft
Common Charges $1,077/mo

Monthly Costs Estimate

Down Payment 20%

$285,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $1,077
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$14,250

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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