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Grand Madison, 225 Fifth Avenue, #5DSU5D

$2,175,000 ($1,796 per ft2) | 1 bed, 2 baths | Approx. 1,211 ft2
Building Profile  | 
132 days on Market

Key Details

  • Listed: Jul 8, 2024
    Last Price Change: ($100,000) on Nov 14
    Days on Market: 132
    Building Type: Condominium
    Neighborhood: Flatiron/Union Square (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $1,472
Monthly Real Estate Taxes: $1,647
Total Taxes & Fees: $3,119 ($2.58/ft2)
Est. Monthly Mortgage: $11,541
Total Est. Monthly Carrying Cost: $14,660 ($12.11/ft2)
Note: the above is based on a down payment of 20% ($435,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Luxurious Living Space: Spacious 1,211 sq. ft. layout with soaring 10-foot ceilings and oversized windows, offering abundant natural light.
  • Gourmet Chef's Kitchen: Sleek open kitchen featuring Poggenpohl cabinetry, stone countertops, and premium Viking and Kitchen Aid appliances.
  • Spa-like Primary Bathroom: Luxurious Carrera marble bathroom with double vanity, deep soaking tub, and separate large shower stall for ultimate relaxation.
  • Private Home Office/Den: Versatile space suitable for a home office or guest room, enhancing functionality for modern living.
  • Exclusive Storage Room: 67 sq. ft. private storage room customized by California Closets, conveniently located on the same floor.
  • Full-Service Building Amenities: Enjoy a full-time doorman, concierge service, and a newly renovated fitness center with Peloton machines.

Description

1 BEDROOM PLUS HOME OFFICE/GUEST ROOM+ 2 FULL BATHS & PRIVATE STORAGE ROOM ACROSS ON THE FLOOR

Tenant has moved and apartment is now ready to be sold.

Enjoy the epitome of luxurious living and friendly professional service at The Grand Madison Condominium. This New York City landmark and historic fixture is located in prime NoMad where steps to Flatiron and Madison Square Park merge. You are directly next to NY’s most beloved lush Madison Square Park .

The entry foyer brings you to this elegant and chic loft like home with soaring ten foot high ceilings, oversized windows and wide plank oak wood floors.

There is a stunning great room and generous dining area. The expansive living and dining areas are perfect for entertaining and to enjoy a dinner party or a casual get together. There is great wall space for the art collector, as well.

Sunny sky north facing views from all oversized windows. The sleek open stainless steel Chef’s Kitchen with island, features Poggenpohl cabinetry, stone countertops, Viking and Kitchen Aid Appliances including garbage disposal - all perfect for the gourmand ! There is a laundry closet that houses the Miele washing machine and dryer.

The large primary bedroom features a dressing area with generous custom built out closets. The luxurious Carrera marble bathroom boasts a double vanity, deep soaking tub and separate large shower stall to complete this large spa like bathroom.

There is a large separate Home Office/Den/Guest Room suitable for your varied lifestyle. A white marble Carrera full bathroom is located in the foyer. Enjoy climate control for every season with central air conditioning and heating controlled by the owner.For your convenience, across from the apartment , on the floor, is the 67 square foot private storage room, customized by California Closets which will transfer with the sale of the apartment.

There is approximately 1,144 square feet plus a 67 sf private storage room for a total of 1,211 SF.

The Grand Madison is known for the high level of service and security. This beautiful Renaissance- Revival style building was built in 1906 and includes a full time doorman, plus concierge and a resident-manager.

The newly renovated fitness center is replete with Peloton machines. There is an in house valet offering wash and fold services, tailoring and daily housekeeping is available.

Located in downtown’s hottest and trendy neighborhood and right next to Madison Square Park with the original Shake Shack and two dog parks. Dining choices abound with Eataly, The Edition Hotel, Gramercy Tavern, Eleven Madison Park, ABC Kitchen, Hill Country, Equinox, Soul Cycle, Rizzoli, Todd Snyder and more.

The new Whole Foods and Trader Joe’s is close by. Convenient to all transportation N/R/W/6 and F/M/ trains provide easy access all over the city.

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Apartment Amenities

  • Northern Exposures
Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About Grand Madison, 225 Fifth Avenue

89

Grand Madison, 225 Fifth Avenue has received a CityRealty Rating of 89, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

29
Out of 44
+
30
Out of 36
+
21
Out of 39
+
9
=
89
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
Attractive 2 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
10-15 1 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 2004
  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Central AC
  • Health Club
  • Intercom
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Fitness Center
  • Outdoor Entertainment Space
  • Courtyard
  • In-Unit Washer/Dryer
  • Fireplaces
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Very distinguished and handsome building
  • Convenient to many restaurants
  • Sidewalk landscaping
  • Concierge
  • High ceilings
  • Excellent bus service
  • Convenient to Chelsea- Flatiron and Gramercy Park districts
  • Some balconies
  • Roof deck
  • Live-in superintendent
  • Cold storage
  • Library
  • Courtyard
  • Overlooks Madison Square Park
  • Close to Subway
Cons
  • Many apartments
  • Considerable traffic
  • No garage
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Subways

  1. N
  2. R
at Broadway 0.14 miles
  1. 6
at Park Ave 0.18 miles
  1. M
  2. F
at 6th Ave 0.28 miles
  1. 1
at 7th Ave 0.39 miles
  1. B
  2. D
  3. Q
at 6th Ave 0.41 miles

Aerial Imagery

 

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