Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,900,000

· Closed February 8, 2021

Closed For Sale Condo

$2,900,000

$2,071 per sq ft

225 5th Avenue #PH-K

NoMad, Manhattan

MLS® #RLS10039839

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

1,400

Sq. Ft.

1907

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,400 sq ft
Year Built 1907
Ownership Condo
HOA/Common Charges $2,090/mo
Property Taxes $27,156/yr
Neighborhood NoMad
Floor 13 of 13

Property Highlights

  • Views: City
  • Exposure: West facing
  • Outdoor Space: Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 13 of 13
View City
Exposure West
Cooling Central Air
Pets Yes
Cross Street East 26th Street/East 27th Street
Year Built 1907
Living Area 1,400 sq ft
Architectural Style Prewar
Block/Lot 856/7502

Listing History

Event Date Price Change
Listed Oct 5, 2005 $2,900,000 -
Price Reduced Jul 27, 2020 $2,250,000 -22.4%

Description

JUST LISTED! Magnificent Penthouse Duplex Loft Now Available at the Coveted Grand Madison 225 Fifth Avenue! The unparalleled 25 foot double wide terrace has plenty of room for lounging and entertaining with views of both the iconic Flatiron Building and the Empire State Building. Upstairs, this pristine duplex unit with separate private entrance and floor to ceiling windows features a large master suite with Italian marble bath, double vanity, soaking tub and separate shower, W/D, great custom closet space, divided windowed home office, with access from both rooms to the terrace. Downstairs features a stunningly elegant living area with soaring 11ft high ceilings and oversized arched windows. The open chefs Poggenpohl kitchen is equipped with a Viking refrigerator, Viking cook top/oven, a necessary wine fridge and Bosch integrated dishwasher. There is a large bedroom off the main room and full Italian marble bathroom adjacent to the foyer. This dramatic duplex unit has central A/C, an integrated sound system on both levels and the outdoor space, and automated blinds. The upstairs suite feels completely removed from the rest of the unit as it's own quiet retreat. This is a special home with approximately 1400sqft interior space with 368sqft exterior sun-kissed terrace and is rarely available in NYC. The Grand Madison aka 225 Fifth Avenue is a NYC landmark. Formerly a hotel built in 1906 this Beaux-Arts style condo was converted in 2005 and features white glove service with 24 hour doormen, resident superintendent, private fitness center, concierge, valet and has daily maid service available. Pets are ok! Centrally located in the NoMad/Flatiron area, this coveted residence is next door to the lush Madison Square Park, many train lines, Eataly, and the best rated restaurants and offerings in all of Manhattan. *Please note the terrace is virtually staged with greenery* *2 Months capital contribution paid by buyer* **Also available for rent**

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Building Courtyard Terrace

Building Information

Financial Details

Common Charges $2,090/mo
RE Taxes $27,156/yr ($2,263/mo)
Sale Price $2,900,000
Previous Price $2,250,000

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

82

Median Asking Price

$2.73M

Median $/Sqft

$1,752

Avg Days on Market

N/A

New This Week

5

Price Reduced

39%

Sold (30 Days)

4

Median Sale Price

$3.02M

Live data from RLS at REBNY • Updated 5/8/26, 1:39 PM EST

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Location

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225 5th Avenue #PH-K, NoMad, New York County • Near East 26th Street/East 27th Street

Virtual Tour

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: $57,001,503
Land Value: $18,899,989
Exemptions: $6,870

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 $2,090 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $27,156, or roughly $2,263 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,400 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1907, making it approximately 119 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 the listing broker for weight limits or breed restrictions.

At the current list price of $2,900,000 for 1,400 sq ft, the asking price per square foot is approximately $2,071. 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: RLS10039839
First Listed: 10/5/2005
Price Changed: 7/27/2020
Closed: 2/8/2021
Contract Date: 7/27/2020

Listing Courtesy of Compass - Scotty Elyanow

Listing Contact: (917) 678-6010

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.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/8/2026 at 5:39 PM UTC

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