Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $7,900,000

· Sold at asking price · Closed March 11, 2015

SOLD: 225 5th Avenue #PHS
SOLD $7,900,000
Sold Condo

$7,900,000

$2,724 per sq ft

225 5th Avenue #PHS

Flatiron, Manhattan

THE GRAND MADISON

MLS® #RLS10066213

RLS at REBNY

Listing by The Corcoran Group

4

Bedrooms

3

Baths

2,900

Sq. Ft.

1900

Year Built

Sale Details

Sale Price $7,900,000
Original List Price $7,900,000
First Listed At $7,995,000
Close Date March 11, 2015
vs. Asking Sold at asking price

Property Summary

Bedrooms 4
Bathrooms 3
Living Area 2,900 sq ft
Year Built 1900
Ownership Condo
Common Charges $3,976/mo
Property Taxes $57,120/yr
Neighborhood Flatiron
Floor 12 of 13

Description

HUGE 4 bed, 3.5 bath PENTHOUSE gracious layout & 2 private outdoor decks. Features include: Great room with open Italian kitchen and 51 ft of Iconic Flatiron views! Open city & lush green Madison Square Park views from the main floor, and peeks of Chrysler and Empire State buildings from above. Hotel-like service and top location make city living a breeze at The Grand Madison, totally renovated pre-war landmark on 5th Av close to all. Designed with custom everything, the great room level offers high ceilings and expansive city views to the south, and dramatic primary suite with home office and HUGE spa-like bath. The upstairs library / media room offers wet bar & service pantry, can easily be converted into a comfortable 5th bedroom if needed, while the rest of the spacious guest floor offers 3 additional large bedrooms, plus 2 full baths and full-size laundry. Enjoy year-round outdoor dining on 2 immense sun-flooded planted roofdecks: One is apx 50-foot wide and offers direct sunshine, yet is perfectly contained for weather and privacy, while the other is apx 33-feet wide and offers Empire State views, with a peek at the Chrystler Building! Both are set up with drip irrigation, power and lighting for year-round living. The property comes with a huge private storage room measuring nearly 1000 cubic feet (just for this unit) located on the same floor as the Penthouse ~ it's like having your own "urban garage" and large enough to store floor-to-ceiling seasonal clothing, extra furniture, home supplies or a large wine collection. Hotel-style amenities include onsite valet, housekeeping, dry-cleaning, shoe-shine and dog-walk services, for an a small additional fee. Full-service living also means 24-hour door staff, porters, handymen and friendly live-in building manager. The stunning building interiors have just been renovated by Chris and John Rawlins, whose spectacular lobby restoration confirms the Grand Madison as one of Gramercy?s premiere Beaux Arts spaces. Located near top restaurants and shopping, with food-lover?s Eataly across the street and Union Square greenmarket a few blocks away, + excellent access to transportation. Pets permitted, pied-a-terre-perfect and investor friendly, this property has achieved record rental income. Renovated & move-in ready, the loft also has a very flexible floor plan so if desired can bring your architect and customize to create the home of your dreams.

Property Details

Type Condo
Ownership Condominium
Total Rooms 8
View City
Cooling Central Air
Year Built 1900
Living Area 2,900 sq ft

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RLS at REBNY

Listing courtesy of Lydia Sussek at The Corcoran Group. 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. This 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.

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