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Off market
  • $2,799,800

    225 5th Ave APT 3J, New York, NY 10010

    3beds
    1,922sqft
    Condo
    Built in 1900
    -- sqft lot
    $2,799,800 Zestimate®
    $1,457/sqft
    $15,000 Estimated rent

    Home value

    $2,799,800

    $2.52M - $3.14M

    $15,000/mo

    Zestimate® history
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    $19,749/mo

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    What's special

    Never before has this Madison Square Park apartment with over 37 feet of frontage facing south and west directly facing the park been available for sale. This sophisticated home with its unique decorative metal window balustrades has been meticulously renovated and designed in a classic, contemporary style. Enter into a gracious gallery that welcomes you home: a hall leads to the expansive living/entertaining space with four large windows that embrace the changing seasonal landscape: fall, winter, spring and summer all have their own charms and the light is superb all year round. Gleaming ebony infused Oak wood floors and 10ft ceilings along with some floating walls feature throughout, making this an extremely dramatic place to entertain or simply enjoy your coffee. An open Poggenpohl chef's kitchen with stone counters has been upgraded with additional custom millwork, with integrated Wolf, Viking and Bosch appliances. A sophisticated lighting system has been installed throughout the apartment, partially embedded into the ceiling, and perfectly suited for illuminating the multiple walls, perfectly suited for an important art collection. A separated hallway leads to the bedroom wing that currently comprises a Master Suite and a second bedroom. The third bedroom has been opened up to the living room as a media room, but is easily restored back to its original intent. The master bedroom retreat has an en-suite marble bathroom, with double vanities, a large glass shower an substantive closets. The generously scaled second bedroom has gorgeous views towards the historically landmarked buildings of Fifth Avenue with a marble bathroom across the hall. There is a laundry closet with washer/dryer and a powder room too. If that is not enough, the apartment comes with an on-floor storage room that acts like your own city garage. The apartment is outfitted with speakers throughout as well as electronic 2-layer shades and a sophisticated lighting system. The Grand Madison, a notable turn-of-the-century neighborhood landmark built in 1906 in the Renaissance-revival style by Francis H. Kimball and Harry E. Donnell prides itself on providing the highest level of services. Amenities include a fitness room, a 24-hour doorman, a concierge, in-house dry cleaner and tailor, daily maid service available, and 2 handymen. At your doorstep is downtown's hottest neighborhood with Eataly across the street with its prized restaurants and cooking school, Shake Shack, Eleven Madison Park, voted the #1 restaurant in the world in 2017, Ilili, A Voce, The Ace Hotel's Breslin, The Nomad Hotel's restaurant, Rizzoli Bookstore, and the Clocktower restaurant in the Edition Hotel, making this a wonderful, super-convenient place to live and enjoy the best of what New York has to offer. This is offered as a co-exclusive with Leonard Steinberg of Compass.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Cooling
    • Central
    Appliances
    • Included: Dryer, Washer
    Interior area
    • Total interior livable area: 1,922 sqft

    Property

    Details
    • Parcel number: 008561128

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1900

    Community & HOA

    Community
    • Features: Doorman
    HOA
    • Has HOA: Yes
    • HOA fee: $2,634 monthly
    Location
    • Region: New York

    Financial & listing details

    • Price per square foot: $1,457/sqft
    • Tax assessed value: $697,247
    • Annual tax amount: $37,939

    Price history

    DateEventPrice
    8/20/2019Sold$2,233,119-62.7%$1,162/sqft
    Source: Public Record Report a problem
    8/29/2018Listing removed$5,990,000$3,117/sqft
    Source: Douglas Elliman #3169119 Report a problem
    5/30/2018Price change$5,990,000-4.2%$3,117/sqft
    Source: Compass Report a problem
    2/28/2018Listed for sale$6,250,000+113.9%$3,252/sqft
    Source: Douglas Elliman #3169119 Report a problem
    5/24/2007Sold$2,922,377$1,520/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$37,939 -0.2%$313,761 +1.3%
    2024$38,028 +2.6%$309,799 +1.2%
    2023$37,081 $306,016 +1.4%
    2022-- $301,694 +5.4%
    2021-- $286,287 -9.7%
    2020-- $317,091 +2.3%
    2019$28,637 -15.2%$309,964 +3.6%
    2018$33,763 +2.7%$299,134 +3.6%
    2017$32,879 +1.9%$288,726 +9.6%
    2016$32,277 $263,405 +0.4%
    2015$32,277 +72.5%$262,386 +16.7%
    2014$18,712 $224,917 -11.1%
    2013-- $253,119 +2.1%
    2012-- $248,009 -4.3%
    2011-- $259,191 +11.5%
    2010-- $232,486 +7.6%
    2009-- $216,084
    Find assessor info on the county website

    Neighborhood: Flatiron District

    Nearby schools

    GreatSchools rating