SOLD APR 29, 2014
RENTED JAN 8, 2025
The Grand Madison 225 5th Ave Unit 6T New York, NY 10010
NoMad Neighborhood
1
Bed
1
Bath
706
Sq Ft
$675/mo
HOA Fee
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 October 2024This spectacular 1 Bedroom is located in one of downtowns premier prewar condos. Located right on Madison Square Park the Grand Madison is the middle of Manhattan's hottest neighborhoods. This beautiful home has a stunning open chefs kitchen with Poggenpohl cabinets, Viking appliances and amazing storage. The living room is very spacious and great for entertaining especially with Eataly right across the street. This prewar loft has it all; fantastic closet space, washer/dryer, high ceilings and central heat and air conditioning. This gorgeous turn of the century building has incredible service; an onsite drycleaner, gym, maid service, two handymen and a live in super. You'll never want to leave!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,796
Year Built
- Built in 1900
HOA Fees
- $675 Monthly HOA Fees
Home Design
- 706 Sq Ft Home
- Pre War Building
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Utilities
- No Cooling
Community Details
- Nomad Subdivision
- 13-Story Property
Listing and Financial Details
- Tax Block 856
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2024
Closed on
Oct 24, 2024
Sold by
Silver Sky Management Llc
Bought by
Ford Stuart and Russell Ford Molly
Seller's Agent
Leonard Steinberg
Compass
List Price
$1,295,000
Sold Price
$1,295,000
Total Days on Market
17
Views
15
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
-$75,629
Avg. Annual Appreciation
-9.70%
Original Mortgage
$1,036,000
Outstanding Balance
$1,030,880
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$188,491
Purchase Details
Listed on
Feb 21, 2014
Closed on
Apr 25, 2014
Sold by
Hur Jun and Whang Youjinn
Bought by
Silver Sky Management Llc
Seller's Agent
Holly Parker
Compass
List Price
$1,365,000
Sold Price
$1,365,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.50%
Purchase Details
Closed on
Jul 23, 2007
Sold by
Hook One Properties Llc
Bought by
Hur Jun and Whang Youjinn
Purchase Details
Closed on
Apr 5, 2007
Sold by
225 5Th Llc
Bought by
Hook One Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
Map
About The Grand Madison
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,295,000 | -- | |
| Deed | $1,365,000 | -- | |
| Deed | $1,365,000 | -- | |
| Deed | $960,000 | -- | |
| Deed | $960,000 | -- | |
| Deed | $785,000 | -- | |
| Deed | $785,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,036,000 | Purchase Money Mortgage | |
| Previous Owner | $128,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/08/2025 01/08/25 | Rented | $5,500 | 0.0% | -- |
| 11/27/2024 11/27/24 | Under Contract | -- | -- | -- |
| 11/08/2024 11/08/24 | For Rent | $5,500 | 0.0% | -- |
| 10/24/2024 10/24/24 | Sold | $1,295,000 | 0.0% | $1,834 / Sq Ft |
| 09/04/2024 09/04/24 | Pending | -- | -- | -- |
| 07/30/2024 07/30/24 | For Sale | $1,295,000 | -5.1% | $1,834 / Sq Ft |
| 04/29/2014 04/29/14 | Sold | $1,365,000 | 0.0% | $1,933 / Sq Ft |
| 03/30/2014 03/30/14 | Pending | -- | -- | -- |
| 02/21/2014 02/21/14 | For Sale | $1,365,000 | -- | $1,933 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
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 | $11,449 | $91,578 | $39,218 | $52,360 |
| 2023 | $11,164 | $91,010 | $39,218 | $51,792 |
| 2022 | $11,003 | $90,833 | $39,218 | $51,615 |
| 2021 | $10,573 | $86,194 | $39,218 | $46,976 |
| 2020 | $10,763 | $95,468 | $39,218 | $56,250 |
| 2019 | $10,640 | $93,322 | $39,218 | $54,104 |
| 2018 | $10,251 | $90,062 | $39,218 | $50,844 |
| 2017 | $9,899 | $86,928 | $39,218 | $47,710 |
| 2016 | $9,717 | $79,305 | $39,218 | $40,087 |
| 2015 | $5,633 | $78,998 | $39,218 | $39,780 |
| 2014 | $5,633 | $67,717 | $39,218 | $28,499 |
Source: Public Records
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10078842
APN: 0856-1187
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