NOT LISTED FOR SALE

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

NoMad Neighborhood

Estimated Value: $1,962,000 - $2,154,000

1 Bed
2 Baths
1,221 Sq Ft
1907 Built

Last Sold February 24, 2023

Last sale price $1,925,000 $1,577 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $13,149/month

Highlights

  • Valet Parking
  • 2-minute walk to 28 Street (N,R Line)
  • High Ceiling
  • P.S. 116 Mary Lindley Murray Rated A-
  • Marble Flooring
  • 2-minute walk to Madison Square Park

About This Home

As of July 2024

Nomad Flatiron Duplex Penthouse w/ stunning outdoor space.

Sky-high 11’ ceilings and dramatic windows usher in fantastic light and views. An entertainer's dream, the duplex has perfect flow - open, airy and sunblasted.

Upon entering, you’ll be greeted by a welcoming foyer that sets the tone for the entire home. Complete with a full marble bathroom and a versatile bonus room with an office and an integrated murphy bed, where you have the freedom to customize the space according to your preferences. The state-of-the-art chef's kitchen showcasing Viking appliances flows seamlessly to the grand living room and main floor balcony.

On its own floor, reached by a magnificent glass architectural staircase - the primary suite with bathroom adorned in marble is both separate and serene. Importantly, guests do not have to travel through primary to access the private 425 SF roof terrace.

The loft features beautiful hardwood floors, central air conditioning, a washer/dryer and wired for a full AV system. This stunning space is totally turn-key.

The Grand Madison is a full service condominium featuring 24-hour doorman, concierge, live-in resident manager, gym and valet service offering housekeeping, dry cleaning and wash and fold services.

Adjacent to Madison Square Park in the heart of The Flatiron District. Chic and central, surrounded by NYC’s top restaurants, entertainment, and of course - Eataly!

Enjoy Fifth Avenue shopping and all transportation just outside your door.

Have it all, in the heart of it all!

Come see for yourself - today!

Last Agent to Rent the Property

Benjamin Glazer

Compass License #10301204915 Listed on: 03/26/2024

Compass

Co-Listed By

David Eisenberg

Compass License #10301216726

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,511

Year Built

  • Built in 1907

Interior Spaces

  • 1,221 Sq Ft Home
  • Sound System
  • High Ceiling
  • Laundry in unit

Kitchen

  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Additional Features

  • North Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 7/1/24
  • Tax Block 00856

Community Details

Overview

  • No Home Owners Association
  • 187 Units
  • Nomad Subdivision
  • 13-Story Property

Amenities

  • Valet Parking
  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$23,511

Year Built

Built in 1907

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2024-07-01

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: NoMad
  • Entry Level: 1
  • Structure Type: Mixed Use
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Interior Features: Granite Counters, High Ceilings, Sound System
  • Appliances: Dishwasher
  • Fireplace: No
  • Flooring: Hardwood, Marble
  • Living Area: 1221.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Valet

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area, In Unit
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes

Condo/Co-op/Association

  • Association: No
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 197.500000x157.500000

Building Info

  • New Construction: No
  • Units: 187
  • Total Stories: 13
  • Year Built: 1907

Tax Info

  • Tax Block: 00856
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
Feb 24, 2023
Sold by
Siddique Ahad and Siddique Waqar Hassan
Bought by
Bari Yasir
Seller's Agent
Ian Slater
Compass
List Price
$2,250,000
Sold Price
$1,925,000
Premium/Discount to List
-$325,000
-14.44%
Views
114
Current Estimated Value
$2,057,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,684
Avg. Annual Appreciation
2.27%
Original Mortgage
$1,540,000
Outstanding Balance
$1,495,273
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$541,511

Purchase Details

Closed on
Mar 19, 2012
Sold by
Phillips Matthew
Bought by
Siddique Ahad and Siddique Waqar Hassan

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
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2007
Sold by
225 5Th Llc
Bought by
Phillips Matthew
Source: Public Records

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
Bari Yasir $1,925,000 --
Siddique Ahad $2,050,000 --
Phillips Matthew $1,769,209 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bari Yasir $118,900
Open Bari Yasir $1,540,000
Previous Owner Siddique Ahad $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2024 07/27/24 Rented $11,500 0.0% --
07/22/2024 07/22/24 Under Contract -- -- --
06/17/2024 06/17/24 Price Changed $11,500 0.0% $9 / Sq Ft
06/17/2024 06/17/24 For Rent $11,500 -3.4% --
06/10/2024 06/10/24 Off Market $11,900 -- --
06/03/2024 06/03/24 Price Changed $11,900 0.0% $10 / Sq Ft
06/03/2024 06/03/24 For Rent $11,900 -4.8% --
05/31/2024 05/31/24 Off Market $12,500 -- --
05/31/2024 05/31/24 Off Market $11,500 -- --
05/29/2024 05/29/24 Price Changed $12,500 0.0% $10 / Sq Ft
05/29/2024 05/29/24 For Rent $12,500 +8.7% --
03/26/2024 03/26/24 For Rent $11,500 0.0% --
02/24/2023 02/24/23 Sold $1,925,000 -14.4% $1,577 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
11/25/2022 11/25/22 For Sale $2,250,000 0.0% $1,843 / Sq Ft
12/08/2020 12/08/20 Rented -- -- --
06/25/2020 06/25/20 For Rent $10,000 -- --
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 $23,511 $187,644 $80,533 $107,111
2024 $23,511 $188,056 $80,533 $107,523
2023 $18,914 $186,889 $80,533 $106,356
2022 $18,640 $186,523 $80,533 $105,990
2021 $21,712 $176,997 $80,533 $96,464
2020 $18,401 $196,042 $80,533 $115,509
2019 $18,025 $191,635 $80,533 $111,102
2018 $21,051 $184,940 $80,533 $104,407
2017 $20,327 $178,505 $80,533 $97,972
2016 $19,954 $162,851 $80,533 $82,318
2015 $11,568 $162,220 $80,533 $81,687
2014 $11,568 $139,056 $80,533 $58,523
Source: Public Records

Agents Affiliated with this Home

  • Benjamin Glazer

    Landlord's Agent in 2024

    Benjamin Glazer

    Compass

    (917) 699-3229

    54 Total Sales

    Benjamin Glazer
    Section Image
  • David Eisenberg

    Landlord's Co-Listing Agent in 2024

    David Eisenberg

    Compass

    (917) 716-7946

    23 Total Sales

    David Eisenberg
    Section Image
  • Ian Slater

    Seller's Agent in 2023

    Ian Slater

    Compass

    (646) 645-8192

    3 in this area

    223 Total Sales

    Ian Slater
    Section Image
  • Jared Schwadron

    Seller Co-Listing Agent in 2020

    Jared Schwadron

    Compass

    (917) 355-9676

    30 Total Sales

    Jared Schwadron
    Section Image
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About The Grand Madison

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10992650

Real Estate Board of New York (REBNY)

APN: 0856-1276

New York New York County New York 10001 NoMad

225 5th Ave Unit PHD, New York, NY

This home is located at 225 5th Ave Unit PHD, New York, NY 10010 since 26 March 2024 and is currently priced at $2,057,684. This property was built in 1907. 225 5th Ave Unit PHD 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.

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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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