$9,750,000
OPEN SUN 12PM - 1:30PM

Estimated payment $62,531/month

Total Views 224
4 Beds
3.5 Baths
2,514 Sq Ft
$3,878 Price per Sq Ft

Highlights

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

About This Home

Perched atop the historic Grand Madison Condominium on Fifth Avenue and overlooking Madison Square Park, this fully renovated four-bedroom, three-and-a-half-bathroom penthouse offers the ultimate in modern luxury — complete with the rare bonus of two private roof terraces totaling nearly 900 square feet. As one of the largest residences in this coveted building, PHS spans two levels with a gracious and flexible layout, combining dramatic proportions, sophisticated finishes, and sweeping views of Manhattan’s most iconic landmarks.

The great room captivates with soaring ceilings and a wall of windows framing Madison Square Park, offering unobstructed vistas of the Flatiron Building. A newly renovated open kitchen is outfitted with a brand-new Sub-Zero refrigerator and freezer, a Sub-Zero 98-bottle wine refrigerator, Wolf oven range, Bosch convection oven, and microwave — designed for both effortless entertaining and everyday living. A cleverly designed closet under the stairs conceals a second wine fridge and provides ample storage for larger household appliances.

The primary suite is a private sanctuary with park views, a custom walk-in closet, and a spa-inspired bathroom clad in white marble, featuring a glass-enclosed shower, soaking tub, and dual sinks. Upstairs, a sunlit library/media lounge and dining area include a full-service pantry with wet bar, mini fridge, and dishwasher. This versatile space opens onto terraces on both sides and may also serve as a fifth bedroom. Three additional bedrooms, two full bathrooms, and a washer/dryer complete the secondary level.

Outdoor living is unrivaled. Two expansive landscaped roof decks are outfitted with irrigation, lighting, power, a sound system wired for Sonos, and a decorative fountain, creating the perfect setting for dining, entertaining, or serene relaxation. From here, take in southern sunshine along with northern exposures featuring Empire State Building views and glimpses of the Chrysler Building.

Additional highlights include a same-floor private storage room of nearly 1,000 cubic feet — a rare luxury in Manhattan.

At the Grand Madison, residents enjoy white-glove services including a 24-hour doorman and concierge, on-site valet, housekeeping, and more. Recently restored to perfection, this landmark Beaux-Arts building stands at the crossroads of NoMad, Flatiron, and Gramercy, with Eataly, Union Square Greenmarket, and the city’s premier dining and shopping destinations just beyond your door.

Listing Agent

Karin Dauch

Sothebys International Realty License #10401279129 Listed on: 09/02/2025

Sothebys International Realty

Co-Listing Agent

Daniela Sassoun

Sothebys International Realty License #30SA1027169

Co-Listing Agent

Mark Mistovich

Sothebys International Realty License #10301208170

Open House Schedule

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $55,524

Year Built

  • Built in 1920

HOA Fees

  • $5,190 Monthly HOA Fees

Interior Spaces

  • 2,514 Sq Ft Home
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Terrace
  • Property is in excellent condition
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 0011 / 00959

Community Details

Overview

  • 3 Units
  • The Grand Madison Condos
  • Nomad Subdivision
  • 13-Story Property

Amenities

  • Building Terrace
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$55,524

Year Built

Built in 1920

Lot Details

0

HOA Fees

$5,190 per month

Listing Details

  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: NoMad
  • Entry Level: 12
  • Structure Type: Multi Family
  • Special Features: OpenHouse
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Appliances: Dryer, Dishwasher, Washer
  • Fireplace: No
  • Living Area: 2514.0
  • Living Area Units: Square Feet
  • Rooms (Total): 8

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: Building Terrace, Terrace
  • Property Condition: Excellent

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area, Laundry Room, In Unit
  • Green Building Features: Elevator(s)
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 5190.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1640.0
  • Lot Size Dimensions: 197.5 x 157.5

Building Info

  • New Construction: No
  • Building Name: The Grand Madison
  • Units: 3
  • Total Stories: 13
  • Year Built: 1920

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00959
  • Tax Lot: 0011
  • Tax Annual: 55524.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 For Sale $9,750,000 -- $3,878 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20045499

Real Estate Board of New York (REBNY)