Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,620,000

· Closed February 29, 2024

225 5TH Avenue #7P
Closed For Sale Condo

$1,620,000

$1,582 per sq ft

225 5TH Avenue #7P

NoMad, Manhattan

The Grand Madison

MLS® #RLS10978351

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 $1,010/mo
Property Taxes $13,068/yr
Neighborhood NoMad
Floor 7 of 13

Property Highlights

  • Exposure: East,South,West facing
  • Character: Pre-war building (1900)

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 1 Full
Floor 7 of 13
Exposure East,South,West
Pets Yes
Year Built 1900
Living Area 1,024 sq ft
Structure Type HighRise
Basement Other
Parcel # 0856-1201
Block/Lot 00856/0000

Listing History

Event Date Price Change
Listed Apr 17, 2023 $1,795,000 -
Price Reduced Mar 4, 2025 $1,695,000 -5.6%
Currently May 3, 2026 $1,620,000 -4.4%

Description

Welcome home to this incredible south-facing one bedroom loft condominium. With private washer and dryer, central air conditioning and full-time doorman, your dreams have been answered! As soon as you enter this space you will realize this is far different from anything else you've seen. From its bespoke design to wonderful proportions, you will be in awe of the amazing creativity on display.

Welcome guests into an inviting foyer and on to your large south-facing living room that is both bright and quiet. The high coffered ceilings have been finished in such a way to evoke the classic details of the building's original architecture while providing a modern finish.

A separate dining area easily accommodates four to six for dinner. While the large kitchen is the perfect place for you to show off your culinary skills. With custom cabinets, quartz countertops and top of the line integrated appliances, you will have everything you need right at your fingertips.

The primary suite is the perfect place for a full-night's sleep. Facing east, this room is so quiet you will feel like you're in the country with all the conveniences of the city right outside. An enormous walk-in closet will make your storage dreams come true.

225 Fifth is a meticulously maintained pet-friendly condominium in one of the best locations in the city. With a live-in resident manager, twenty-four hour doorman, concierge and on-site gym, you will have a hard time finding a better place to live. Located in the heart of NoMad, Madison Square is right outside. Eataly, 11 Madison and an incredible selection of some of the best restaurants and bars in the world are within five minutes. Midtown, Flatiron, Chelsea, Union Square and Gramercy Park are so close you can be there in no time. Every train in the city stops within a few blocks so commuting has never been easier.

Features & Amenities

Interior Features

Smoke Free Building Other Washer Hookup In Unit

Exterior Features

Private Outdoor Space Under60 Sqft

Building Amenities

Concierge

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Common Charges $1,010/mo
RE Taxes $13,068/yr ($1,089/mo)
Original Price $1,795,000
Sale Price $1,620,000
Previous Price $1,695,000

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, 3:38 PM EST

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Location

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225 5TH Avenue #7P, NoMad, New York County

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 $1,010 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $13,068, or roughly $1,089 per month. Verify the current assessment with your attorney before closing.

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 $1,620,000 for 1,024 sq ft, the asking price per square foot is approximately $1,582. 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: RLS10978351
First Listed: 4/17/2023
On Market: 4/17/2023
Price Changed: 3/4/2025
Closed: 2/29/2024
Contract Date: 4/17/2023

Listing Courtesy of Douglas Elliman Real Estate - Joshua Rubin

Listing Contact: (917) 727-6321

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 7:38 PM UTC

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