225 Fifth Ave. 7DE/8E $9,850,000

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    225 Fifth Ave. 7DE/8E New York, NY 10010

    • 5 Beds
    • 5 Baths
    • 4,882 sq. ft.
    • Condo/Townhouse
    • MLS# 3954773
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    Views: 5 Days On Site: 137

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    Property Details

    Live grand at the Grand Madison! Comfort and elegance are epitomized in this reimagined duplex resting on the seventh and eighth floors of the landmarked Grand Madison condominium in prime NoMad! The expansive, meticulously-designed five bedroom five bathroom corner gem affords the gracious feel of a single-family home and a standard of luxury that is truly unparalleled - right on Madison Square Park. Sophistication envelops you the moment you enter the dramatic foyer/gallery marked by airy 10" ceilings, rich wood floors, plentiful wall space for art, and a sweeping staircase that rises to the upper level. Entertain in style in the generous light-filled living room featuring large windows on corner exposures (north and west), and breathtaking views of historic Fifth Avenue and the Empire State Building. An open dining area is ideal for sharing meals, prepared in the top-of-the-line windowed kitchen that is well-appointed for the chef. Enhancing the culinary experience is custom cabinetry, sleek countertops, a large island with extra seating, and suite of top-grade Viking and Bosch stainless steel appliances. Chill your favorite vintages in the Marvel wine cooler, and store an abundance of dry food items in the two spacious pantries. A hall leads to a handsome media room/library where you can watch TV or lounge with a good book, and a private office for working remotely. With a high-end full bath across the way, either room can serve as sleeping quarters if desired. Proceed on to the divine primary bedroom retreat presenting its own office with custom built-ins and desk, a fabulous dressing area with built-in table, amazing walk-in closet, and indulgent 5-fixture marble bath for spa-like pampering. Additionally on the main level, accessed from the gallery hall and a service entrance, is a convenient mudroom, modern full bath, and excellent laundry room with two Bosch washers/dryers, a second fridge, sink and cabinet storage. Up the striking turned staircase you'll find a second living/activity room, two upscale full baths, and four inviting sun-filled bedrooms with custom closets. This level can also be entered from the eighth floor hall. Other highlights include wiring for SONOS sound, multi-zone HVAC, and THREE big private storage units on the building's seventh and eighth floors as well as bike storage. Set at the crossroads of NoMad, Flatiron, Chelsea and Gramercy, 225 5th Avenue is a grand NYC landmark built in 1907 and converted to a luxury condo in 2004 by the famed Elad Properties. The handsome brick and limestone building offers white-glove amenities including a full-time doorman/concierge, live-in manager, fitness center, interior courtyard, common laundry, in-house valet services, and rooftop terrace overlooking Madison Square Park. The premier address on the park is directly across from Eataly, close to fine shops, restaurants, art galleries, Whole Foods, multiple subway lines, plus Grand Central and Penn Station transportation hubs. Pets are allowed. 4% Buyer's Broker Incentive + 1 Year of Common Charges Paid For the Buyer Now Through December 31, 2022.

    • General Features
      • Floor Number 7
      • Hoa Fee 6441.00
      • Neighborhood NoMad
      • New Development No
      • Real Estate Tax 6213
      • Renting Allowed Yes
      • Year Built 1906
    • Building Features
      • Building Bike Storage Yes
      • Building Class RM
      • Building Doorman Yes
      • Building Elevator Yes
      • Building Garage No
      • Building Gym Yes
      • Building Laundry Yes
      • Building Name The Grand Madison
      • Building Pets Yes
      • Building Pool No
      • Building Prewar Yes
      • Building Rooftop Yes
      • Building Storage Yes
      • Concierge Yes
      • Courtyard Yes
      • Foyer Yes
      • Garden No
      • Has Fireplace No
      • Has Outdoor Space Yes
      • Media Room Yes
      • Multilevel Yes
      • North Exposure Yes
      • Number of Building Stories 13
      • Number of Building Units 187
      • Number of Half Baths 0
      • Number of Rooms 11.00
      • Unit Balcony No
      • Unit Garden No
      • Unit Laundry No
      • Unit Number 7DE/8E
      • Unit Terrace No
      • West Exposure Yes
      • Windowed Kitchen Yes

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    Neighborhood

    10010 (New York) Demographics

    36 Median Age
    91,086 Population Density (per sq. mile)
    79% College Educated
    $139,188 Estimated Median Income
    4,999 Estimated Total Home Owners
    11,500 Estimated Total Renters
    30% / 70% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    34,763 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,940,000 Median Sales Price
    19 Homes Sold
    24 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $9,850,000
        1/17/2023 4:27:50 PM Price Reduced Source: Multiple Listing Service New Value: $9,850,000 -1.45%
        10/18/2022 6:26:11 PM Price Reduced Source: Multiple Listing Service New Value: $9,995,000 -9.1%
        9/21/2022 1:34:00 PM New in Database Source: Multiple Listing Service New Value: $10,995,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.