NOT LISTED FOR SALE

241 5th Ave Unit 7B New York, NY 10016

NoMad Neighborhood

Estimated Value: $2,670,000 - $3,682,000

3 Beds
4 Baths
1,722 Sq Ft
$2,106/mo HOA Fee

Last Sold February 11, 2015

Current estimated payment $21,479/month

61 Days on Market

Highlights

  • West Facing Home
  • 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 February 2015

Elegance and design abound in this mint condition 3-bedroom, 3.5-bathroom condo. Spanning 1,722-square feet, residence 7B is a floor-through unit offering eastern and western exposures, floor-to-ceiling windows and white oak flooring throughout. This gracious home boasts an open flow living/dining room, a suite of high-end kitchen appliances, Zucchetti fixtures and a washer/dryer. There is plenty of closet space throughout and the serene master bedroom offers a grand walk-in closet/dressing area. The master bathroom is designed with a deep soaking tub, glass-enclosed shower, Boffi sinks with ample storage, solid teak wall detailing and honed stone tile floor. A private storage room is included with this purchase.

241 Fifth's amenities include a full-time concierge, a rooftop terrace, fitness center, a Zen tranquility room, residence lounge and a private wellness treatment room. Live in the center of NoMad, Manhattan's hottest new neighborhood, which boasts a bustling restaurant and hotel scene set against the lush, green landscape of Madison Square Park. 241 Fifth stands out as a new boutique residence designed with modern simplicity.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $35,592

Year Built

  • Built in 2013

Lot Details

  • West Facing Home

HOA Fees

  • $2,106 Monthly HOA Fees

Home Design

  • 1,722 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Community Details

  • 241Fifth Condos
  • Flatiron Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$35,592

Year Built

Built in 2013

Lot Details

0

HOA Fees

$2,106 per month

Listing Details

  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flatiron
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Living Area: 1722.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 3

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2106.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: 241FIFTH
  • Units: 1
  • Year Built: 2013

Tax Info

  • Tax Block: NA
  • Tax Annual: 35592.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2014
Closed on
Jan 15, 2015
Sold by
Schaper Paul E and Wheadon David E
Bought by
Forlano Lori J
List Price
$3,500,000
Current Estimated Value
$3,072,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2013
Sold by
Victor At Fifth Llc
Bought by
Schaper Paul E and Wheadon David E
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
Forlano Lori J $3,500,000 --
Schaper Paul E $3,054,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forlano Lori J $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2015 02/11/15 Sold -- -- --
01/12/2015 01/12/15 Pending -- -- --
11/12/2014 11/12/14 For Sale $3,500,000 -- $2,033 / Sq Ft
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 $37,554 $304,781 $72,166 $232,615
2024 $37,554 $300,383 $72,166 $228,217
2023 $36,635 $298,646 $72,166 $226,480
2022 $28,298 $319,464 $72,166 $247,298
2021 $39,062 $321,016 $72,166 $248,850
2020 $35,112 $359,267 $72,166 $287,101
2019 $35,243 $365,403 $72,166 $293,237
2018 $41,055 $336,644 $72,165 $264,479
2017 $39,212 $330,479 $72,166 $258,313
2016 $37,732 $314,303 $72,166 $242,137
2015 -- $299,739 $72,166 $227,573
2014 -- $312,322 $72,166 $240,156
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10475224

Real Estate Board of New York (REBNY)

APN: 0857-1015

New York New York County New York 10001 NoMad

241 5th Ave Unit 7B, New York, NY

This home is located at 241 5th Ave Unit 7B, New York, NY 10016 since 12 November 2014 and is currently estimated at $3,072,744, approximately $1,784 per square foot. This property was built in 2013. 241 5th Ave Unit 7B 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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