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241 FIFTH, 241 Fifth Avenue

Between East 27th Street & East 28th Street   |    Flatiron/Union Square

for more information Are you ready to tour 241 FIFTH? Contact

Key Details

  • Condo
  • Built in 2013
  • 46 Apartments
  • 20 Floors
$2,487 Avg. Price / Ft2
  • Size Avg. Price # Sold
  • 3 BEDS $3,125,000 1
  • Avg. Price based on 1 closings during past 12 months Last updated Jul 19, 2018
  • View all recent sales
$1,815 Avg. Price / Ft2

Overview

73

241 FIFTH, 241 Fifth Avenue has received a CityRealty Rating of 73, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

23
Out of 44
+
24
Out of 36
+
18
Out of 39
+
8
=
73
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points
    How was this building rated?

    The 20-story building at 241 Fifth Avenue between 27th and 28th Streets in the Madison Square North neighborhood began as a 76-unit residential condominium project and then was changed to a 100-unit hotel and finally back to a 46-unit residential condominium development.

    Dan Shavolian and Jack Hazan acquired the property for $26.5 million in 2007 from Avraham Sibony and they planned a hotel for the site.  Mr. Sibony had bought the property, a four-story building that had been erected in 1968, in 2005 for $10.8 million.

    Mr. Shavolian and Mr. Hazan retained the original plans for Mr. Sibony that had been made by Eran Chan of Perkins Eastman Architects and approved by the Landmarks Preservation Commission as the property is within the Madison Avenue North Historic District.

    It was completed in 2013 by Victor Homes, a unit of Eclogue Management of Israel, which paid $20 million for the property in 2011.

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    Apts For sale at 241 Fifth Avenue (3)

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    Nearby Subway Stations

    1. N
    2. R
    at Broadway 0.12 miles
    1. 6
    at Park Ave 0.18 miles
    1. F
    2. M
    at 6th Ave 0.31 miles
    1. B
    2. D
    3. Q
    at 6th Ave 0.37 miles
    1. 1
    at 7th Ave 0.38 miles
    1. 2
    2. 3
    at 7th Ave 0.47 miles

    Carter Horsley's Review

    241 FIFTH, 241 Fifth Avenue Carter Horsley's Building Review
    "The 20-story building at 241 Fifth Avenue between 27th and 28th Streets in the Madison Square North neighborhood began as a 76-unit residential condominium project and then was changed to a 100-unit hotel and finally back to a 46-unit residential condominium development." Read Carter's Full Review

    The pros & cons

    Pros
    • Handsome lobby
    • Concierge
    • Large fitness center
    • Not far from subways
    • Close to Madison Square Park
    • Revolving door entrance with marquee
    • Full-time doorman
    • Roof deck
    Cons
    • No balconies
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    241 FIFTH, 241 Fifth Avenue Aerial Imagery

     

    Pricing Comparison of Similar Buildings

    View Detailed Comparison

    241 FIFTH, 241 Fifth Avenue - 10 year Sales History

    View Full Sales History
     

    241 FIFTH, 241 Fifth Avenue 12 Month Sales Summary

    View By Apartment Sizes
    Past 12 Months
    $1,815
    AVG Price / ft2, based on 1 Sales
     

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    In the Neighborhood: What’s Available & Sales Stats

    Not enough data available to generate chart.
    • 134 Available for Sale
    • $2,453 Avg. Price / Ft2
    • $6,131,548 Avg. Price
    • $2,995,000 Median Price
    1. Most Expensive 212 Fifth Avenue Apt PH | $73,800,000
      Price / ft2 $7,322
    2. Least Expensive The Park 27 Apt 5B | $999,500
      Price / ft2 $1,538
    Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
    Not enough data available to generate chart.
    • 185 Total Sales
    • $2,423 Avg. Price / Ft2
    • $4,461,953 Avg. Price
    • $3,450,000 Median Price
    1. Most Expensive Madison Square Park Tower Apt 62A | $22,413,800
      Price / ft2 $4,807
    2. Least Expensive 17 East 17th Street Apt C3 | $405,600
      Price / ft2 $1,014

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    for more information Are you ready to tour 241 FIFTH? Contact
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