Seller's Agent in 2023
Jessica Levine
Douglas Elliman Real Estate
(212) 891-7065
3 in this area
78 Total Sales
The Grand Madison 225 5th Ave Unit 11 G New York, NY 10010
NoMad NeighborhoodEstimated Value: $1,839,000 - $2,429,000
2
Beds
2
Baths
1,258
Sq Ft
$1,817/mo
HOA Fee
Highlights
- City View
- 2-minute walk to 28 Street (N,R Line)
- 2-minute walk to Madison Square Park
- P.S. 116 Mary Lindley Murray Rated A-
- High-Rise Condominium
About This Home
As of November 2023Move right into this totally redesigned 2 bed, 2 bath at the highly coveted Grand Madison. Featuring open Western views of Fifth Avenue, this apartment boosts a beautiful chef's kitchen fully equipped with a Miele convection oven & dishwasher, SubZero wine fridge & fridge, and Gaggenau 5 burner stove. Storage is plentiful with custom cabinetry throughout the whole apartment and walk in closets in both bedrooms. Both bathrooms are elegantly finished with limestone and marble, and there is a washer/dryer in the apartment, and there are electric shades in all rooms.
The Grand Madison formerly known as the Gift Building and the Brunswick Hotel was built by Francis H. Kimball and Harry E. Donnell, and converted to condominiums in 2007. The luxuries of this beautiful turn-of-the-century building include a newly renovated fitness room with Peloton and Mirror, 24-hour doorman, concierge, in-house dry cleaner and tailor, daily housekeeping service, full-time superintendent, and 2 handymen.
225 Fifth Avenue is located in Nomad and just steps from Flatiron & Chelsea. Just north of the park, you are minutes away from Eataly, the Edition hotel, the newly inspired vegan Eleven Madison Park, and the original Shake Shack across the street, along with Scarpetta, ABC Kitchen, ABC V, Upland, and Gramercy Tavern all within blocks. Pet-friendly and convenient to subways, Grand Central, and Penn Station and more!
Note real estate taxes listed reflect owner occupancy.
Last Listed By
Douglas Elliman Real Estate License #10301201005 Listed on: 03/07/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $19,392
Year Built
- Built in 1900
HOA Fees
- $1,817 Monthly HOA Fees
Interior Spaces
- 1,258 Sq Ft Home
- Laundry in unit
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
Community Details
- 190 Units
- High-Rise Condominium
- The Grand Madison Condos
- Nomad Subdivision
- 13-Story Property
Listing and Financial Details
- Tax Block 00856
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 7, 2023
Closed on
Nov 15, 2023
Sold by
Tan Yong Sheng
Bought by
Marit Halper As Trustee and Michael Lewis As Trustee
Seller's Agent
Jessica Levine
Douglas Elliman Real Estate
List Price
$1,995,000
Sold Price
$1,800,000
Premium/Discount to List
-$195,000
-9.77%
Total Days on Market
176
Views
46
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,810
Avg. Annual Appreciation
11.54%
Purchase Details
Closed on
Feb 8, 2018
Sold by
Sheng Tan Yong
Bought by
Tan Yong Sheng
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.99%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 8, 2015
Sold by
Talf Holdings Llc
Bought by
Sheng Tan Yong
Purchase Details
Closed on
Nov 4, 2008
Sold by
Flournoy Annie Laurie and Flournoy Thomas F
Bought by
Talf Holdings Llc
Purchase Details
Closed on
Jul 7, 2008
Sold by
Flournoy Annie Laurie
Bought by
Flournoy Thomas F and Flournoy Annie Laurie
Purchase Details
Closed on
Jul 25, 2007
Sold by
225 5Th Llc
Bought by
Laurie Flournoy Annie
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marit Halper As Trustee | $1,800,000 | -- | |
| Tan Yong Sheng | -- | -- | |
| Sheng Tan Yong | $2,775,000 | -- | |
| Talf Holdings Llc | -- | -- | |
| Flournoy Thomas F | -- | -- | |
| Laurie Flournoy Annie | $1,575,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Tan Yong Sheng | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2023 11/15/23 | Sold | $1,800,000 | -9.8% | $1,431 / Sq Ft |
| 10/27/2023 10/27/23 | Off Market | $1,995,000 | -- | -- |
| 10/03/2023 10/03/23 | For Sale | $1,995,000 | 0.0% | $1,586 / Sq Ft |
| 08/31/2023 08/31/23 | Pending | -- | -- | -- |
| 05/15/2023 05/15/23 | Price Changed | $1,995,000 | -7.2% | $1,586 / Sq Ft |
| 03/07/2023 03/07/23 | For Sale | $2,150,000 | -- | $1,709 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $24,399 | $195,158 | $83,575 | $111,583 |
| 2023 | $23,791 | $193,946 | $83,575 | $110,371 |
| 2022 | $23,447 | $193,566 | $83,575 | $109,991 |
| 2021 | $22,532 | $183,681 | $83,575 | $100,106 |
| 2020 | $23,147 | $203,445 | $83,575 | $119,870 |
| 2019 | $22,674 | $198,872 | $83,575 | $115,297 |
| 2018 | $21,846 | $191,924 | $83,575 | $108,349 |
| 2017 | $21,095 | $185,246 | $83,575 | $101,671 |
| 2016 | $20,708 | $169,000 | $83,575 | $85,425 |
| 2015 | $12,005 | $168,346 | $83,575 | $84,771 |
| 2014 | $12,005 | $144,306 | $83,575 | $60,731 |
Source: Public Records
Agents Affiliated with this Home
-
Jessica Levine
About The Grand Madison
Map
Similar Homes in the area
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10918072
APN: 0856-1262
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