$1,580,000
SOLD AUG 23, 2024

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

NoMad Neighborhood
1 Bed
1 Bath
1,024 Sq Ft
$989/mo HOA Fee

Recently Sold

$1,543 Per Sq Ft

1% Below List Price

53 Days on Market

Highlights

  • Concierge
  • 2-minute walk to 28 Street (N,R Line)
  • East Facing Home
  • P.S. 116 Mary Lindley Murray Rated A-
  • City View
  • 2-minute walk to Madison Square Park

About This Home

As of August 2024

Spacious one bedroom on Madison Square Park at the highly coveted Grand Madison. This serene apartment overlooking a private courtyard offers modern luxury with over 1000 sf of living space. The open Poggen Pohl kitchen with top of the line appliances flows effortlessly to a large living and dining space, great for entertaining. The over-sized master bedroom features a professionally designed walk in closet. The five fixture bathroom has double sinks, a soaking tub and a separate shower. There is also a Bosch washer/dryer in the unit. All this placed in a gorgeous pre-war conversion on lower Fifth Avenue.

225 Fifth is a full services building featuring a 24 hour doorman, a concierge, resident manager, fitness room and on-site valet service. The building is situated in the heart of the Flat Iron district across from Madison Square Park and Eataly. Nearby multiple lines of public transportation and some of the best restaurants in New York City! Pets welcome!

Please note that taxes listed reflect primary ownership number.

Last Agent to Sell the Property

Jessica Levine

Douglas Elliman Real Estate License #10301201005 Listed on: 05/09/2024

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,286

Year Built

  • Built in 1900

HOA Fees

  • $989 Monthly HOA Fees

Interior Spaces

  • 1,024 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Additional Features

  • East Facing Home
  • No Cooling

Listing and Financial Details

  • Tax Block 00856

Community Details

Overview

  • 190 Units
  • High-Rise Condominium
  • The Grand Madison Condos
  • Nomad Subdivision
  • 13-Story Property

Amenities

  • Concierge

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,286

Year Built

Built in 1900

Lot Details

0

HOA Fees

$989 per month

Listing Details

  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: NoMad
  • Entry Level: 5
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1024.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Concierge
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 989.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: THE GRAND MADISON
  • Units: 190
  • Total Stories: 13
  • Year Built: 1900

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00856
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Aug 23, 2024
Sold by
Cabo Realty Inc
Bought by
Mak Betty Shuk Fong
Seller's Agent
Jessica Levine
Douglas Elliman Real Estate
List Price
$1,595,000
Sold Price
$1,580,000
Premium/Discount to List
-$15,000
-0.94%
Views
17
Current Estimated Value
$1,537,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,504
Avg. Annual Appreciation
-2.84%

Purchase Details

Closed on
May 1, 2008
Sold by
Bergman Misuzu and Bergman Nicholas
Bought by
Ngo-Tran Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.91%

Purchase Details

Closed on
Feb 14, 2007
Sold by
225 5Th Llc
Bought by
Bergman Misuzu and Bergman Nicholas
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,580,000 --
Deed $1,245,000 --
Deed $1,245,000 --
Deed $982,611 --
Deed $982,611 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $56,000 No Value Available
Previous Owner $729,750 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $1,580,000 -0.9% $1,543 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/10/2024 06/10/24 Off Market $1,595,000 -- --
06/07/2024 06/07/24 For Sale $1,595,000 0.0% $1,558 / Sq Ft
05/10/2024 05/10/24 For Sale $1,595,000 0.0% $1,558 / Sq Ft
04/20/2022 04/20/22 Off Market $5,500 -- --
11/19/2020 11/19/20 Rented -- -- --
11/05/2020 11/05/20 Under Contract -- -- --
08/28/2020 08/28/20 For Rent $5,750 -11.5% --
09/07/2019 09/07/19 For Rent $6,500 +13.0% --
09/07/2019 09/07/19 Rented -- -- --
02/27/2018 02/27/18 Rented -- -- --
01/28/2018 01/28/18 Under Contract -- -- --
01/20/2018 01/20/18 For Rent $5,750 +4.5% --
01/06/2014 01/06/14 Rented -- -- --
01/06/2014 01/06/14 Rented $5,500 +4.8% --
12/07/2013 12/07/13 Under Contract -- -- --
11/12/2013 11/12/13 For Rent $5,250 -- --
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
2025 $13,286 $106,035 $45,510 $60,525
2024 $13,286 $106,268 $45,510 $60,758
2023 $12,955 $105,608 $45,510 $60,098
2022 $12,767 $105,402 $45,510 $59,892
2021 $12,269 $100,019 $45,510 $54,509
2020 $12,604 $110,781 $45,510 $65,271
2019 $12,347 $108,291 $45,510 $62,781
2018 $11,896 $104,508 $45,510 $58,998
2017 $11,487 $100,871 $45,510 $55,361
2016 $11,276 $92,025 $45,510 $46,515
2015 $6,537 $91,669 $45,510 $46,159
2014 $6,537 $78,577 $45,510 $33,067
Source: Public Records

Agents Affiliated with this Home

  • Jessica Levine

    Seller's Agent in 2024

    Jessica Levine

    Douglas Elliman Real Estate

    (212) 891-7065

    3 in this area

    79 Total Sales

    Jessica Levine
    Section Image

  • C

    Seller's Agent in 2014

    Cartwright Lee

    Compass

    (917) 334-4826

    10 Total Sales

    Cartwright Lee
    Section Image
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About The Grand Madison

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10978579

Real Estate Board of New York (REBNY)

APN: 0856-1167

New York New York County New York 10001 NoMad

225 5th Ave Unit 5P, New York, NY

This home is located at 225 5th Ave Unit 5P, New York, NY 10010 and is currently priced at $1,580,000, approximately $1,542 per square foot. This property was built in 1900. 225 5th Ave Unit 5P 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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