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  • $4,250,000

    225 5th Ave, New York, NY 10010

    2beds
    1,815sqft
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    Condominium
    Built in 1900
    -- sqft lot
    $4,072,100 Zestimate®
    $2,342/sqft
    $2,665/mo HOA

    What's special

    Home officeElegant limestone bathroomsSpacious foyer
    Located in one of Manhattan's most sought-after downtown neighborhoods, this trophy duplex penthouse with a 616-square-foot private terrace represents the pinnacle of loft living. Spanning approximately 1,815 square feet, this beautifully renovated two-bedroom, three-bathroom residence with a home office seamlessly blends grand proportions with modern luxury. Upon entering the lower floor you are welcomed by a spacious foyer that opens to an impressive living and dining area featuring soaring 11-foot ceilings and striking arched windows that flood the home with natural northern light. The main level offers a thoughtfully designed layout, including a chef's kitchen outfitted with premium Sub-Zero and Gaggenau appliances, a generously sized secondary bedroom with an en-suite bath, a home office with custom sliding glass privacy panels, and an additional full bathroom. A sweeping staircase leads to the upper level, where the full glass wall of the private primary suite opens directly onto a spectacular 616-square-foot terrace. A custom bespoke full glass closet with interior dramatic lighting sets off this stunning bedroom with en suite full bathroom including tub. The terrace is entered through one of two glass doors, and is perfect for entertaining, al fresco dining, or simply relaxing outdoors. This exceptional space serves as a true extension of the home. Additional features include freshly refinished wide-plank oak floors, brand-new full-size washer and dryer, elegant limestone bathrooms and central heating and air conditioning. The lighting is pre-wired for Lutron controls. Originally built in 1906, The Grand Madison is one of Fifth Avenue's most iconic prewar landmarks, ideally positioned on the northern edge of Madison Square Park. Residents enjoy an exceptional level of service and amenities, including a 24-hour doorman, concierge, fitness center, in-house dry cleaner and seamstress, daily housekeeping services, and dedicated on-site handymen. Just outside your door, enjoy immediate access to Madison Square Park and some of the city's most celebrated dining and lifestyle destinations. Neighborhood favorites include Eleven Madison Park, Ilili, Scarpetta, and the culinary offerings of Eataly NYC Flatiron, creating an unparalleled downtown lifestyle experience. Working capital contribution equal to two months of common charges payable by buyer.
    46 days
    |
    387
    |
    18
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    Zillow last checked:

    Listing updated:

    Listed by:

    Corcoran 917-855-9224,

    Jamie Gagliano,

    Connor Cuccinelli

    Source: StreetEasy,MLS#: S1833114

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Bike Room
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Washer/Dryer
      Features
      • Flooring: Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 1,815
      • Total interior livable area: 1,815 sqft

      Property

      Features
      • Patio & porch: Deck
      • Exterior features: Private Roof Deck
      • Has view: Yes
      • View description: City, Skyline
      Details
      • Parcel number: 008561289
      • Special conditions: Resale

      Construction

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

      Community & HOA

      Community
      • Features: Doorman, Full Time Doorman
      • Security: Doorman, Full-Time Doorman
      • Subdivision: NoMad
      HOA
      • Has HOA: Yes
      • Amenities included: Fitness Center, Elevator(s), Concierge
      • Services included: Maintenance
      • HOA fee: $2,665 monthly
      Location
      • Region: New York

      Financial & listing details

      • Price per square foot: $2,342/sqft
      • Tax assessed value: $287,409
      • Annual tax amount: $28,176
      • Date on market: 6/12/2026

        Estimated market value

        $4,072,100

        $3.87M - $4.28M

        $7,778/mo

        Price history

        DateEventPrice
        6/12/2026Listed for sale$4,250,000+57.4%$2,342/sqft
        Source: StreetEasy #S1833114 Report a problem
        12/15/2024Listing removed$14,000$8/sqft
        Source: Zillow Rentals Report a problem
        12/13/2024Listed for rent$14,000-53.3%$8/sqft
        Source: Zillow Rentals Report a problem
        10/28/2024Sold$2,700,000+0.2%$1,488/sqft
        Source: StreetEasy #S1697529 Report a problem
        9/12/2024Pending sale$2,695,000$1,485/sqft
        Source: StreetEasy #1697529 Report a problem
        8/4/2024Price change$2,695,000-7.9%$1,485/sqft
        Source: StreetEasy #1697529 Report a problem
        3/13/2024Listed for sale$2,925,000+18.7%$1,612/sqft
        Source: StreetEasy Report a problem
        3/1/2024Sold$2,465,000-17.1%$1,358/sqft
        Source: StreetEasy #S1664219 Report a problem
        1/31/2024Listed for sale$2,975,000-66.9%$1,639/sqft
        Source: StreetEasy Report a problem
        9/14/2023Listing removed--
        Source: StreetEasy Report a problem
        7/14/2023Listing removed--
        Source: Zillow Rentals Report a problem
        7/7/2023Pending sale$9,000,000$4,959/sqft
        Source: StreetEasy Report a problem
        5/5/2023Listed for rent$30,000$17/sqft
        Source: Zillow Rentals Report a problem
        4/3/2023Listed for sale$9,000,000+367.5%$4,959/sqft
        Source: StreetEasy Report a problem
        2/24/2023Sold$1,925,000-80.5%$1,061/sqft
        Source: StreetEasy #S1637741 Report a problem
        1/17/2023Price change$9,850,000-1.5%$5,427/sqft
        Source: StreetEasy Report a problem
        10/18/2022Price change$9,995,000-9.1%$5,507/sqft
        Source: StreetEasy Report a problem
        9/20/2022Listed for sale$10,995,000+130.3%$6,058/sqft
        Source: StreetEasy Report a problem
        7/19/2022Sold$4,775,000-56.6%$2,631/sqft
        Source: StreetEasy #S1587587 Report a problem
        6/12/2022Price change$10,995,000-8.4%$6,058/sqft
        Source: StreetEasy Report a problem
        4/30/2022Price change$12,000,000-7.7%$6,612/sqft
        Source: StreetEasy Report a problem
        4/4/2022Price change$12,995,000-4.8%$7,160/sqft
        Source: StreetEasy Report a problem
        2/17/2022Listed for sale$13,650,000+391%$7,521/sqft
        Source: StreetEasy Report a problem
        2/2/2021Sold$2,780,000-27.8%$1,532/sqft
        Source: StreetEasy #S1482125 Report a problem
        7/5/2017Sold$3,850,000+18.5%$2,121/sqft
        Source: StreetEasy #S1250338 Report a problem
        2/21/2017Sold$3,250,000+109.7%$1,791/sqft
        Source: StreetEasy #S1245011 Report a problem
        1/6/2014Sold$1,550,000-44.6%$854/sqft
        Source: Public Record Report a problem
        8/9/2013Sold$2,800,187+33.3%$1,543/sqft
        Source: StreetEasy #S763377 Report a problem
        3/10/2011Sold$2,100,000+27.3%$1,157/sqft
        Source: Agent Provided Report a problem
        3/10/2010Sold$1,650,000$909/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$15,638 -0.2%$129,334 +1.3%
        2024$15,675 +2.6%$127,701 +1.2%
        2023$15,285 $126,142 +1.4%
        2022-- $124,360 +5.4%
        2021-- $118,009 -9.7%
        2020-- $130,707 +2.3%
        2019$11,805 -15.2%$127,769 +3.6%
        2018$13,917 +2.7%$123,305 +3.6%
        2017$13,553 +1.9%$119,015 +9.6%
        2016$13,305 $108,577 +0.4%
        2015$13,305 +72.5%$108,157 +16.7%
        2014$7,713 $92,712 -11.1%
        2013-- $104,337 +2.1%
        2012-- $102,231 -4.3%
        2011-- $106,840 +11.5%
        2010-- $95,832 +7.6%
        2009-- $89,071
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Flatiron District

        Getting around

        100 / 100
        Walker's Paradise
        100 / 100
        Rider's Paradise
        90 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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