$1,877,000 - $2,133,000
RENTED JUL 27, 2024

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

NoMad Neighborhood
1 Bed
2 Baths
1,221 Sq Ft
$1,673 Price per Sq Ft

Last Sold February 24, 2023

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

Est. 9% increase in value since last sale

Current estimated payment $13,727/month

About This Home

As of February 2023

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!

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
$2,102,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,436
Avg. Annual Appreciation
2.66%
Original Mortgage
$1,540,000
Outstanding Balance
$1,500,377
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$542,350

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

Range of Values:

Collateral Analytics

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ICE

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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 -- --

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 $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

    Seller's Agent in 2024

    Benjamin Glazer

    Compass

    (917) 699-3229

    55 Total Sales

    Benjamin Glazer
    Section Image
  • David Eisenberg

    Seller Co-Listing Agent in 2024

    David Eisenberg

    Compass

    (212) 965-6000

    21 Total Sales

    David Eisenberg
    Section Image
  • Ian Slater

    Seller's Agent in 2023

    Ian Slater

    Compass

    (646) 645-8192

    3 in this area

    220 Total Sales

    Ian Slater
    Section Image
  • Jared Schwadron

    Seller Co-Listing Agent in 2020

    Jared Schwadron

    Compass

    (917) 355-9676

    28 Total Sales

    Jared Schwadron
    Section Image
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About The Grand Madison

Map

New York New York County New York 10001 NoMad

225 5th Ave Unit PHD, New York, NY

Homes for Sale in New York, NY

This home is located at 225 5th Ave Unit PHD, New York, NY 10010 and is currently estimated at $2,042,727, approximately $1,672 per square foot. 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.

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.

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