$2,562,500
SOLD MAR 21, 2025
2 Beds
2 Baths
1,613 Sq Ft
$1,700/mo HOA Fee

Recently Sold

$1,589 Per Sq Ft

7% Below List Price

Highlights

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

About This Home

As of March 2025

Triple Mint Home at The Grand Madison



Discover luxury living in this stunning 1,613-square-foot, north-facing two-bedroom, two-bathroom condo located in the iconic Grand Madison, a full-service, landmarked building in the heart of NoMad. With soaring 10-foot ceilings and oversized rooms, this home exudes elegance and comfort.



The grand living room, dining area, and open chef's kitchen create an ideal space for entertaining and relaxation. The kitchen is beautifully appointed with top-of-the-line appliances, including a Viking refrigerator, Viking cooktop and oven, Bosch dishwasher, In-Sink-Erator garbage disposal, and Poggenpohl cabinetry. Custom lighting and ample counter space complete this chef's dream kitchen. Wide plank oak hardwood flooring flows throughout the home, enhancing its timeless appeal.



The oversized street-facing windows allow for an abundance of natural light, creating a bright and inviting atmosphere. The primary bedroom is a true retreat, featuring three large closets and an en-suite bathroom adorned in luxurious Carrera marble. The bathroom offers an oasis of tranquility with a deep soaking tub, separate glass shower, and double sink vanity.



Additional features of this exquisite apartment include custom closets throughout, an in-unit washer/dryer, and a multi-zoned centralized heating/cooling system. For added convenience, the condo comes with a large private storage room located on the same floor.



The Grand Madison, a 12-story building bordering the northwest side of Madison Square Park, offers an array of premium amenities, including a 24-hour doorman, concierge, fitness room, private dry cleaner, tailor, daily maid service, and a live-in super. Situated in the vibrant Flatiron and trendy NoMad neighborhoods, residents enjoy proximity to the city's best dining, shopping, and entertainment, including Eataly, Shake Shack, Eleven Madison Park, and The Clocktower in the Edition Hotel.Experience the best of New York City living in this exceptional home at The Grand Madison.

Last Agent to Sell the Property

Matthew Mackay

Corcoran Group License #30MA0875774 Listed on: 01/30/2025

Corcoran Group

Co-Listed By

Benjamin Dixon

Douglas Elliman Real Estate License #10301217742

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,832

Year Built

  • Built in 1900

HOA Fees

  • $1,700 Monthly HOA Fees

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 1,613 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Additional Features

  • North Facing Home
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 0085 / 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

$22,832

Year Built

Built in 1900

Lot Details

0

HOA Fees

$1,700 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: NoMad
  • Entry Level: 6
  • 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: 1613.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

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: 1700.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Zoning Description: C5-2

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: 0085

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Mar 21, 2025
Sold by
Mcgee Derek and Park Rachel
Bought by
Kenneth Ellner As Trustee and The Kenneth Mark Ellner Revocable Trust
Seller's Agent
Matthew Mackay
Corcoran Group
List Price
$2,750,000
Sold Price
$2,562,500
Premium/Discount to List
-$187,500
-6.82%
Views
1
Current Estimated Value
$2,509,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,909
Avg. Annual Appreciation
-4.34%

Purchase Details

Listed on
Nov 22, 2020
Closed on
Jun 1, 2021
Sold by
Barry Alexa and Neibart Alexa
Bought by
Mcgee Derek and Park Rachel
Seller's Agent
Richard Hottinger
Corcoran Group
List Price
$2,450,000
Sold Price
$2,300,000
Premium/Discount to List
-$150,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.88%
Original Mortgage
$1,500,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 5, 2012
Closed on
Feb 4, 2013
Sold by
Rothfeld Richard
Bought by
Neibart Alexa
Seller's Agent
Eric Marrus
Compass
Sold Price
$2,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.54%
Original Mortgage
$1,464,000
Interest Rate
3.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2007
Sold by
225 5Th Llc
Bought by
Rothfeld Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.27%
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 $2,562,500 --
Deed $2,230,000 --
Deed $2,200,000 --
Deed $2,200,000 --
Deed $1,650,000 --
Deed $1,650,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 Purchase Money Mortgage
Previous Owner $284,000 Purchase Money Mortgage
Previous Owner $1,464,000 Purchase Money Mortgage
Previous Owner $1,100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $2,562,500 -6.8% $1,589 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $2,750,000 +19.6% $1,705 / Sq Ft
06/01/2021 06/01/21 Sold $2,300,000 -6.1% $1,426 / Sq Ft
11/22/2020 11/22/20 For Sale $2,450,000 0.0% $1,519 / Sq Ft
03/12/2019 03/12/19 Rented -- -- --
02/10/2019 02/10/19 Under Contract -- -- --
12/14/2018 12/14/18 For Rent $8,500 0.0% --
04/07/2013 04/07/13 Off Market $2,200,000 -- --
02/05/2013 02/05/13 Sold $2,200,000 -- $1,364 / 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
2025 $22,832 $182,228 $78,209 $104,019
2024 $22,832 $182,629 $78,209 $104,420
2023 $18,368 $181,495 $78,209 $103,286
2022 $18,102 $181,140 $78,209 $102,931
2021 $21,086 $171,889 $78,209 $93,680
2020 $17,870 $190,384 $78,209 $112,175
2019 $17,505 $186,105 $78,209 $107,896
2018 $20,443 $179,603 $78,209 $101,394
2017 $19,741 $173,353 $78,209 $95,144
2016 $19,379 $158,151 $78,209 $79,942
2015 $11,235 $157,538 $78,209 $79,329
2014 $11,235 $135,042 $78,209 $56,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11031535

Real Estate Board of New York (REBNY)

APN: 0856-1171