Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,580,000

· Closed August 23, 2024

225 5TH Avenue #5P
Closed For Sale Condo

$1,580,000

$1,543 per sq ft

225 5TH Avenue #5P

NoMad, Manhattan

THE GRAND MADISON

MLS® #RLS10978579

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

1

Bath

1,024

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 1,024 sq ft
Year Built 1900
Ownership Condo
HOA/Common Charges $989/mo
Property Taxes Contact for details
Neighborhood NoMad
Floor 5 of 13

Property Highlights

  • Views: City
  • Exposure: East facing
  • Character: Pre-war building (1900)

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 5 of 13
View City
Exposure East
Pets Yes
Year Built 1900
Living Area 1,024 sq ft
Structure Type HighRise
Basement Other
Parcel # 0856-1167
Block/Lot 00856/0000

Listing History

Event Date Price Change
Listed May 9, 2024 $1,595,000 -
Currently May 3, 2026 $1,580,000 -0.9%

Description

Spacious one bedroom on Madison Square Park at the highly coveted Grand Madison. This serene apartment overlooking a private courtyard offers modern luxury with over 1000 sf of living space. The open Poggen Pohl kitchen with top of the line appliances flows effortlessly to a large living and dining space, great for entertaining. The over-sized master bedroom features a professionally designed walk in closet. The five fixture bathroom has double sinks, a soaking tub and a separate shower. There is also a Bosch washer/dryer in the unit. All this placed in a gorgeous pre-war conversion on lower Fifth Avenue.

225 Fifth is a full services building featuring a 24 hour doorman, a concierge, resident manager, fitness room and on-site valet service. The building is situated in the heart of the Flat Iron district across from Madison Square Park and Eataly. Nearby multiple lines of public transportation and some of the best restaurants in New York City! Pets welcome!

Please note that taxes listed reflect primary ownership number.

Features & Amenities

Interior Features

Smoke Free Building Other Washer Hookup In Unit

Exterior Features

None

Building Amenities

Concierge

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Common Charges $989/mo
RE Taxes Contact for details
Original Price $1,595,000
Sale Price $1,580,000
Previous Price $1,595,000

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

79

Median Asking Price

$2.90M

Median $/Sqft

$1,763

Avg Days on Market

N/A

New This Week

6

Price Reduced

39%

Sold (30 Days)

6

Median Sale Price

$2.85M

Live data from RLS at REBNY • Updated 5/3/26, 11:38 AM EST

Similar Listings in NoMad

View All

Location

Loading map...

225 5TH Avenue #5P, NoMad, New York County

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 $989 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 1,024 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1900, making it approximately 126 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 $1,580,000 for 1,024 sq ft, the asking price per square foot is approximately $1,543. 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 mcoste@kwnyc.com. 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: RLS10978579
First Listed: 5/9/2024
On Market: 5/9/2024
Price Changed: 8/23/2024
Closed: 8/23/2024
Contract Date: 5/9/2024

Listing Courtesy of Douglas Elliman Real Estate - Jessica Levine

Listing Contact: (212) 891-7065

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 5/3/2026 at 3:38 PM UTC

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton