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Off market
  • $2,850,100

    225 5th Ave, New York, NY 10010

    2beds
    3baths
    1,518sqft
    Condo
    Built in 1902
    -- sqft lot
    $2,850,100 Zestimate®
    $1,878/sqft
    $13,285 Estimated rent

    Home value

    $2,850,100

    $2.59M - $3.16M

    $13,285/mo

    Zestimate® history
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    Rent Zestimate®

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    $17,578/mo

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    What's special

    Rarely available Penthouse in one of downtown's most sought after condominiums, The Grand Madison. This elegant two bedroom / three bathroom duplex has not come to the market in almost three years and constitutes the preeminent current value in the building. No detail is overlooked in this triple-mint masterpiece. The expansive living space is the personification of what a loft space should be: open, luminous and stylish. The perfectly situated dining room is tailor-made for hosting unforgettable dinner parties or soirées. The second floor of the home features a sprawling master suite with outfitted closets and north facing windows at every turn. The master bath is an oasis of serenity as it offers the elegance of Carrera marble, a deep soaking tub, separate glass shower, and vanity double sinks. This home boasts a gourmet kitchen that is a chef's dream, outfitted with Poggenpohl cabinets, Viking and Bosch appliances and bluestone countertops. The sizable and flexible second bedroom has an ensuite marble bath. Rounding out this home is a gracious foyer, open views of the iconic Gershwin Hotel and Chrysler Building framed by original arched windows, soaring 10 ft ceilings, pristine wide plank oak floors, abundant custom-built closet space, central AC/heat and a washer/dryer. As if that isn't enough, PHA is one of the few units in the Grand Madison that offers a private terrace. Dine al fresco or simply soak in the sunshine on this 633 sq foot private sanctuary. The landmark building features a top-notch staff and includes a newly renovated gym and full concierge/dry-cleaning/maid service. Situated right on Madison Square Park, steps from the celebrated market Eataly and the newly opened Fairway market. Not to mention in close proximity to downtown's best dining and shopping, and some of the world's most beloved architecture such as the Flatiron and MetLife Buildings. Have it all in one of Manhattan's most sophisticated landmarked pre-war condominiums.

    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: 2
    • Bathrooms: 3
    Interior area
    • Total interior livable area: 1,518 sqft

    Property

    Details
    • Parcel number: 008561273

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1902

    Community & HOA

    Location
    • Region: New York

    Financial & listing details

    • Price per square foot: $1,878/sqft
    • Tax assessed value: $605,986
    • Annual tax amount: $32,973

    Price history

    DateEventPrice
    12/13/2023Listing removed--
    Source: Zillow Rentals Report a problem
    11/15/2023Price change$16,250+1.9%$11/sqft
    Source: Zillow Rentals Report a problem
    11/6/2023Price change$15,950-5.9%$11/sqft
    Source: Zillow Rentals Report a problem
    10/22/2023Price change$16,950-3.1%$11/sqft
    Source: Zillow Rentals Report a problem
    9/30/2023Listed for rent$17,500$12/sqft
    Source: Zillow Rentals Report a problem
    7/15/2015Sold$2,610,000-28.5%$1,719/sqft
    Source: Agent Provided Report a problem
    7/9/2014Sold$3,650,000-1.2%$2,404/sqft
    Source: Public Record Report a problem
    6/24/2014Pending sale$3,695,000$2,434/sqft
    Source: Douglas Elliman Report a problem
    6/24/2014Listed for sale$3,695,000+84.8%$2,434/sqft
    Source: Douglas Elliman Report a problem
    5/18/2011Sold$2,000,000-8.9%$1,318/sqft
    Source: Public Record Report a problem
    3/3/2011Price change$2,195,000+109749900%$1,446/sqft
    Source: BHSR BROWN HARRIS STEVENS REBNY Report a problem
    2/25/2011Price change$2-100%
    Source: BHSR BROWN HARRIS STEVENS REBNY Report a problem
    1/26/2011Listed for sale$2,195,000$1,446/sqft
    Source: BHSR BROWN HARRIS STEVENS REBNY Report a problem
    12/23/2010Pending sale$2,195,000$1,446/sqft
    Source: BHSR BROWN HARRIS STEVENS REBNY Report a problem
    11/19/2010Price change$2,195,000-10.4%$1,446/sqft
    Source: BHSR BROWN HARRIS STEVENS REBNY Report a problem
    10/8/2010Listed for sale$2,450,000$1,614/sqft
    Source: Brown Harris Stevens #1167212 Report a problem
    11/20/2007Sold$2,450,000$1,614/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$32,973 -0.2%$272,694 +1.3%
    2024$33,051 +2.6%$269,251 +1.2%
    2023$32,228 $265,963 +1.4%
    2022-- $262,207 +5.4%
    2021-- $248,816 -9.7%
    2020-- $275,588 +2.3%
    2019$24,889 -15.2%$269,393 +3.6%
    2018$29,345 +2.7%$259,982 +3.6%
    2017$28,576 +1.9%$250,935 +9.6%
    2016$28,052 $228,929 +0.4%
    2015$28,052 +72.5%$228,043 +16.7%
    2014$16,263 $195,477 -11.1%
    2013-- $219,987 +2.1%
    2012-- $215,546 -4.3%
    2011-- $225,265 +11.5%
    2010-- $202,058 +7.6%
    2009-- $187,802
    Find assessor info on the county website

    Neighborhood: Flatiron District

    Nearby schools

    GreatSchools rating