SOLD FEB 24, 2023
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
$1,650/mo
HOA Fee
Highlights
- City View
- 2-minute walk to 28 Street (N,R Line)
- Balcony
- P.S. 116 Mary Lindley Murray Rated A-
- Pre War Building
- 2-minute walk to Madison Square Park
About This Home
As of February 2023Enter this dramatic Penthouse loft to extra high ceilings and a stunning floating-glass staircase. An abundance of light ushers you into the great room with three large doors extending out to one of the private outdoor spaces. The great room is spacious enough to have a well-appointed living room, large dining table, all while enjoying the open chef's kitchen.
The kitchen has custom wood cabinets, top-of-the-line appliances including a Viking Range and a glass countertop. This floor also has an additional home office room with a Murphy bed, built in desk and custom cabinets for storage. There is even a full bathroom with marble tiles, glass encased shower and tons of storage.
Heading upstairs is the master bedroom and second private outdoor area. This bedroom features floor to ceiling windows that look out to your private 425 square foot terrace. The space also features a full bathroom, a wall of custom closets and a secondary entrance out to the hallway.
The apartment features satin white hardwood floors, marble tiles, central air conditioning, a washer / dryer and is wired for a full AV system.
The Grand Madison building is full services featuring a 24-hour doorman, concierge, live in resident manager, fitness room and valet service. There is also onsite house cleaning service, dry cleaning and wash and fold. The building is literally across the street from Madison Square Park in the heart of The Flatiron District. What is now the hottest growing area in the city, you are also steps top restaurants, hotels, food halls like Eataly, lower Fifth Avenue shopping and so much more!
Call or email us for your private showing!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $22,584
Year Built
- Built in 1907
HOA Fees
- $1,650 Monthly HOA Fees
Home Design
- Pre War Building
Interior Spaces
- 1,221 Sq Ft Home
- Entrance Foyer
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Additional Features
- Central Air
Listing and Financial Details
- Legal Lot and Block 7502 / 856
Community Details
Overview
- Nomad Subdivision
- 13-Story Property
Amenities
- Courtyard
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%
Total Days on Market
24
Views
114
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
$117,727
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
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 | $1,925,000 | -- | |
| Deed | $2,050,000 | -- | |
| Deed | $1,769,209 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $118,900 | Unknown | |
| Open | $1,540,000 | Purchase Money Mortgage | |
| Previous Owner | $1,100,000 | Purchase Money Mortgage |
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
| 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
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10831306
APN: 0856-1276
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