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Grand Madison, 225 Fifth Avenue, #7K

$4,500,000 ($2,638 per ft2) | 2 beds, 2 baths | Approx. 1,706 ft2
Building Profile  | 
66 days on Market

Key Details

  • Listed: Sep 12, 2024
    Days on Market: 66
    Building Type: Condominium
    Neighborhood: Flatiron/Union Square (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $2,553
Monthly Real Estate Taxes: $2,857
Total Taxes & Fees: $5,410 ($3.17/ft2)
Est. Monthly Mortgage: $23,878
Total Est. Monthly Carrying Cost: $29,288 ($17.17/ft2)
Note: the above is based on a down payment of 20% ($900,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Location and Views: This luxurious two-bedroom, two-bathroom condominium is located directly on 5th Avenue and Madison Square Park in the heart of Manhattan’s vibrant Flatiron district, offering breathtaking views of the park and close proximity to the best dining experiences, retail stores, and art galleries.
  • Interior Features: The condo boasts a loft-like living room that exudes elegance and sophistication, high ceilings, central air conditioning, and a chef’s kitchen equipped with Poggenpohl cabinets, Viking appliances, stone counters, and outstanding storage.
  • Bedrooms and Bathrooms: The unit features two large bedrooms with expansive closets and large windows, and two well-appointed bathrooms.
  • Building Amenities: The pet-friendly building offers top-notch amenities, including a fully equipped gym, 24-hour doorman, on-site dry cleaner, two handymen, a live-in superintendent, concierge service, a health club, a roof deck, resident storage, and more.
  • Convenience Features: The condo includes an in-unit washer and dryer, private storage located on the same floor, and is conveniently close to public transportation.
  • Building History and Design: Originally designed by Francis H. Kimball and Harry E. Donnell as the Brunswick Hotel, the building was converted to 192 condominium apartments and renamed the Grand Madison in 2004, featuring a distinguished and handsome exterior, sidewalk landscaping, high ceilings, excellent bus service, some balconies, a roof deck, a live-in superintendent, cold storage, a library, and a courtyard.

Description

Welcome to an unparalleled living experience at this luxurious two-bedroom, two-bathroom condominium directly on 5th Avenue and Madison Square Park in the heart of Manhattan’s vibrant Flatiron district. This exquisite mint residence offers direct, breathtaking views of Madison Square Park, facing south to capture amazing light throughout the day, while maintaining a serene, pin-drop quiet ambiance. Step into a broad entry foyer that flows seamlessly into grand proportions, featuring a loft-like living room that exudes elegance and sophistication. The chef’s kitchen is a culinary dream, equipped with Poggenpohl cabinets, Viking appliances, stone counters, and outstanding storage, perfect for creating gourmet meals. Each of the two large bedrooms offers expansive closets and large windows that flood the rooms with natural light.

The primary bedroom includes a private, elegantly designed bathroom, ensuring comfort and privacy. The second bathroom is equally luxurious, featuring top-of-the-line fixtures and finishes. High ceilings and central air conditioning enhance the sense of space and comfort, while the in-unit washer and dryer, and private storage located on the same floor add a touch of convenience. This pet-friendly building boasts top-notch amenities, including a fully equipped gym, 24-hour doorman, on-site dry cleaner, two handymen, and a live-in superintendent, ensuring a lifestyle of ease and luxury. Centrally located, this residence offers the best dining experiences with Eataly, Trader Joe’s, and Whole Foods nearby, and is conveniently close to public transportation, making it the perfect urban sanctuary. *Pictures are of the actual unit.

Furniture is virtually staged.

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Apartment Amenities

  • Southern Exposures
Listing courtesy of Compass

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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