Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,450,000

Listed at $4,500,000 · Sold 1.1% below asking · Closed May 2, 2018

225 5th Avenue #PHY
Closed For Sale Condo

$4,500,000

$2,224 per sq ft

225 5th Avenue #PHY

NOMAD, Manhattan

MLS® #RLS10468867

RLS at REBNY

Listing by Elliman

3

Bedrooms

3

Baths

2,023

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 2,023 sq ft
Year Built 1900
Ownership Condo
HOA/Common Charges $2,667/mo
Property Taxes $28,572/yr
Neighborhood NOMAD
Floor 12 of 13

Property Highlights

  • Outdoor Space: Terrace
  • Style: Prewar architecture
  • Character: Pre-war building (1900)

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths null Full
Floor 12 of 13
Pets Yes
Cross Street East 26th & 27th Streets
Year Built 1900
Living Area 2,023 sq ft
Architectural Style Prewar

Listing History

Event Date Price Change
Listed Jan 24, 2018 $4,500,000 -
Currently May 4, 2026 $4,500,000 -

Description

Upon entering this quintessential three-bedroom, three-bathroom Duplex Penthouse, you are swept away by the soaring 11ft ceilings and oversized south-facing windows, inviting plenty of light throughout the home. The beautifully appointed chef's kitchen is perfect for entertaining and fully equipped with a Viking oven and stove, Viking Refrigerator, Bosch dishwasher, InSinKerator garbage disposal, Poppenpohl cabinetry and custom led lighting. Wide plank oak floors lead you to the expansive master suite accompanied by a large custom built out walk in closet and dressing area leading to an en-suite marble bath with a double vanity, soaking tub and shower. Also on this level, a second bedroom offers ample closet space with a posh bathroom alongside.

Follow the beautiful stairwell to the upper level with a sundrenched family room and bedroom, overlooking a 252ft terrace that is accessible from both living and bedroom areas and is large enough to enjoying lounging and dining. Views of the Empire State Building and the Flatiron Building are just some of the many iconic buildings to savor from your terrace. This Penthouse is equipped with every luxury in a turn of the century building. Complete with an abundance of close space,centralized heating and cooling systems, custom lighting, and electronic shades in every room as well as a Crestron home system for controlling all systems.

The Grand Madison prides itself on providing the highest level of service. The luxurious amenities include a fitness room, 24-hour doorman, concierge, in-house dry cleaner and tailor, daily housekeeping service, full-time superintendent, and two handymen. Downtown's hottest neighborhood is right outside your door. Opportunities for fine dining abound, with Eataly, the Edition Hotel's Clocktower, Eleven Madison Park, and the original Shake Shack across the street, and The Nomad Hotel's restaurants, the Ace Hotel's Breslin and John Dory Oyster Bar, ABC Kitchen, Upland, and Gramercy Tavern all within blocks. Pet-friendly and convenient to subways, Grand Central, and Penn Station, the Grand Madison is truly a magnificent place to live and enjoy the best of what this city has to offer.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Terrace

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $2,667/mo
RE Taxes $28,572/yr ($2,381/mo)
Sale Price $4,450,000

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

5

Price Reduced

39%

Sold (30 Days)

6

Median Sale Price

$2.85M

Live data from RLS at REBNY • Updated 5/4/26, 5:08 PM EST

Recently Sold in NOMAD

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Location

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225 5th Avenue #PHY, NOMAD, New York County • Near East 26th & 27th Streets

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 $2,667 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $28,572, or roughly $2,381 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 3 full bathrooms.

The listed interior living area is 2,023 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 $4,500,000 for 2,023 sq ft, the asking price per square foot is approximately $2,224. 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: RLS10468867
First Listed: 1/24/2018
Closed: 5/2/2018
Contract Date: 1/23/2018

Listing Courtesy of Elliman - Holly Parker

Listing Contact: (917) 587-7288

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 5/4/2026 at 9:08 PM UTC

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