NOT LISTED FOR SALE

The Grand Madison 225 5th Ave Unit 4M New York, NY 10010

NoMad Neighborhood

Estimated Value: $3,331,737

2 Beds
3 Baths
1,591 Sq Ft
$2,267/mo HOA Fee

Last Sold June 15, 2018

Last sale price $4,712,500 $2,962 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $23,716/month

126 Days on Market

Highlights

  • Pre War Building
  • 2-minute walk to 28 Street (N,R Line)
  • 2-minute walk to Madison Square Park
  • P.S. 116 Mary Lindley Murray Rated A-

About This Home

As of June 2018

Highly sought after and rarely available park-facing two bedroom at the coveted Grand Madison. Enjoy views of Madison Square Park from every window of this spectacular home. Delight in the brilliance of the changing seasons, each with its own character and beauty. The park pours into the apartment at this point of view and creates a restful and one-of-a-kind atmosphere with stunning views including treetops and open sky, the Met Life Clock Tower, and the iconic Flatiron building. Perfectly designed for gracious living, this elegant split layout two bedroom is ideal for both entertaining and comfort. The soaring 10-foot ceilings are complimented by south-facing panoramic views of the park.

The open Poggenpohl chef's kitchen looks over the living and dining room and boasts integrated Wolf, Viking and Bosch appliances. The luxurious master suite is a welcome retreat after a long day amidst the serene park views and the spa-like en-suite marble bath with double vanity, soaking tub, and separate glass shower. The generously sized second bedroom has gorgeous views of the Flatiron building and is accompanied by a full marble bathroom. The meticulously crafted floor plan features a powder room and washer and dryer in the apartment. If that is not enough, the apartment also comes with a large private storage room on the same floor!

The Grand Madison prides itself on providing the highest level of service. The luxuries of this beautiful turn-of-the-century building include a fitness room, 24-hour doorman, concierge, in-house dry cleaner and tailor, daily housekeeping service, full-time superintendent, and 2 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.

Last Listed By

Holly Parker

Compass License #30PA0869832 Listed on: 01/08/2018

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,436

Year Built

  • Built in 1900

HOA Fees

  • $2,267 Monthly HOA Fees

Home Design

  • 1,591 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Community Details

  • Nomad Subdivision
  • 13-Story Property

Listing and Financial Details

  • Tax Block 856

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,436

Year Built

Built in 1900

Lot Details

0

HOA Fees

$2,267 per month

Listing Details

  • Cross Street: East 26th & 27th Streets
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: NOMAD
  • Architectural Style: Prewar
  • Entry Level: 99
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Living Area: 1591.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2267.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Total Stories: 13
  • Year Built: 1900

Tax Info

  • Tax Block: 856
  • Tax Annual: 29436.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2018
Closed on
Jun 13, 2018
Sold by
Heyer 1999 Family Trust No 1
Bought by
Magendzo Ariel
Seller's Agent
Holly Parker
Compass
List Price
$4,895,000
Sold Price
$4,712,500
Premium/Discount to List
-$182,500
-3.73%
Total Days on Market
126
Current Estimated Value
$3,331,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,380,763
Avg. Annual Appreciation
-4.87%
Original Mortgage
$2,000,000
Outstanding Balance
$1,747,699
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,584,038

Purchase Details

Closed on
Jun 8, 2015
Sold by
Heyer 1999 Family Trust No 1
Bought by
Heyer 1999 Family Trust No 1 and Holly J Halikman As Trustee

Purchase Details

Closed on
May 3, 2007
Sold by
225 5Th Llc
Bought by
Halikman As Trustee Holly J and Heyer 1999 Family Trust No 1

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Magendzo Ariel $4,712,500 --
Heyer 1999 Family Trust No 1 -- --
Halikman As Trustee Holly J $2,480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magendzo Ariel $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $4,712,500 -3.7% $2,962 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
01/09/2018 01/09/18 For Sale $4,895,000 -- $3,077 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

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 $33,597 $268,731 $115,080 $153,651
2023 $32,760 $267,061 $115,080 $151,981
2022 $32,286 $266,538 $115,080 $151,458
2021 $31,026 $252,926 $115,080 $137,846
2020 $31,873 $280,141 $115,080 $165,061
2019 $31,223 $273,843 $115,080 $158,763
2018 $30,082 $264,276 $115,080 $149,196
2017 $29,048 $255,080 $115,080 $140,000
2016 $28,515 $232,710 $115,080 $117,630
2015 $16,532 $231,809 $115,079 $116,730
Source: Public Records

Agents Affiliated with this Home

  • Holly Parker

    Seller's Agent in 2018

    Holly Parker

    Compass

    (212) 727-6163

    10 in this area

    127 Total Sales

    Holly Parker
    Section Image
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About The Grand Madison

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10099609

Real Estate Board of New York (REBNY)

APN: 0856-1148

New York New York County New York 10001 NoMad

225 5th Ave Unit 4M, New York, NY

Homes for Sale in New York, NY

This home is located at 225 5th Ave Unit 4M, New York, NY 10010 since 08 January 2018 and is currently priced at $3,331,737, approximately $2,094 per square foot. This property was built in 1900. 225 5th Ave Unit 4M is a home located in New York County with nearby schools including P.S. 116 Mary Lindley Murray, Clinton School, and Simon Baruch Middle School 104.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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