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A blog from CityRealty (Links below will take you to the 6sqft site)

Grand Madison, 225 Fifth Avenue

Between West 26th Street & West 27th Street

Key Details

  • Year Built 1906
    Converted Year 2004
    Building Type Condominium
    Neighborhood Flatiron/Union Square
  • Total Apartments 188
    Total Floors 13
    Doorman FT Doorman
$2,192
Avg. Price / ft2
$85
Avg. Price / ft2
$2,035
Avg. Price / ft2

Rating

29
Out of 44

Architecture Rating: 29 / 44

+
30
Out of 36

Location Rating: 30 / 36

+
21
Out of 39

Features Rating: 21 / 39

+
9
=
89

CityRealty Rating Reference

 
Architecture
  • 30+ remarkable
  • 20-29 distinguished
  • 11-19 average
  • < 11 below average
 
Location
  • 27+ remarkable
  • 18-26 distinguished
  • 9-17 average
  • < 9 below average
 
Features
  • 22+ remarkable
  • 16-21 distinguished
  • 9-15 average
  • < 9 below average
  • #39 Rated condo - Downtown
  • #1 Rated condo - Flatiron/Union Square
 

Description

Grand Madison at 225 Fifth Avenue is a former showroom building that was converted into apartments in 2004.

Elad Properties purchased 225 Fifth Avenue and oversaw its renovation. The developers worked to preserve the original architectural details in the Grand Madison, all the while incorporating modern features into each of its 190 units. Kitchens are outfitted with stainless steel, premium appliances and bathrooms have quality fixtures.  Apartments offer spacious layouts and 10-foot-tall ceilings, among other notable features.  

Amenities at the Grand Madison include concierge service, a full-time doorman, a health club and a roof deck. It is on the north side of Madison Square Park and is close to the restaurants, retail stores and art galleries of the Flatiron District and Chelsea.

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Building Amenities

  • Concierge
  • FT Doorman
  • Hi Rise
  • Pre War
  • Basement Storage
  • Central AC
  • Health Club
  • Intercom
  • Roof Deck
  • Washer/Dryer in building
  • Elevator
  • Fitness Center
  • Outdoor Entertainment Space
  • Courtyard
  • In-Unit Washer/Dryer
  • Fireplaces
  • Live-In Superintendent
  • Terraces / Balconies
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Apartments for Sale at 225 Fifth Avenue (8)

8
Available Apts
$1.8M - $7.4M
Price Range
$2,192
Avg. Price / ft2
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Apartments for Rent at 225 Fifth Avenue (2)

2
Available Apts
$8,700
Prices Start At
$85
Avg. Price / ft2
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Carter Horsley's Review

Carter Horsley's Building Review
"This very handsome Renaissance Revival-style building at 225 Fifth Avenue was acquired in 2004 for about $125 million by Elad Properties and converted to 192 condominium apartments and renamed the Grand Madison.
It occupies the entire blockfront on the avenue between 25th and 26th streets and its south side overlooks Madison Square Park." Read Carter's Full Review
Pros
  • Very distinguished and handsome building
  • Convenient to many restaurants
  • Sidewalk landscaping
  • Concierge
  • High ceilings
  • Excellent bus service
  • Convenient to Chelsea- Flatiron and Gramercy Park districts
  • Some balconies
  • Roof deck
  • Live-in superintendent
  • Cold storage
  • Library
  • Courtyard
  • Overlooks Madison Square Park
  • Close to Subway
Cons
  • Many apartments
  • Considerable traffic
  • No garage
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More Neighborhood Info

Subways

  1. N
  2. R
at Broadway 0.14 miles
  1. 6
at Park Ave 0.18 miles
  1. M
  2. F
at 6th Ave 0.28 miles
  1. 1
at 7th Ave 0.39 miles
  1. B
  2. D
  3. Q
at 6th Ave 0.41 miles
 
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$2,035
Avg. Price / ft2
Based on 7 Sales
 

Closing History - Last 10 sales

View All Closed Transactions
10
Units Sold
$1.8M - $5.5M
Price Range
$2,111
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 188 Available for Sale
  • $2,230 Avg. Price / Ft2
  • $4,571,636 Avg. Price
  • $2,492,500 Median Price
  1. Most Expensive Madison Square Park Tower Apt PHAB | $77,700,000
    Price / ft2 $5,949
  2. Least Expensive 126 East 30th Street Apt 1A | $355,000
Not enough data available to generate chart.
  • 90 Available for Rent
  • $89 Avg. Price / Ft2
  • $10,187 Avg. Price
  • $6,600 Median Price
  1. Most Expensive 15 Union Square West Apt Penthouse | $59,500
    Price / ft2 $226
  2. Least Expensive 142 Fifth Avenue Apt 5FL | $0
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.
  • 231 Total Sales
  • $1,996 Avg. Price / Ft2
  • $2,836,514 Avg. Price
  • $2,095,000 Median Price
  1. Most Expensive Madison Square Park Tower Apt 61A | $19,855,875
    Price / ft2 $4,258
  2. Least Expensive 30 East 22nd Street Apt 5B | $390,000

Famous Residents

 

Alternate Addresses

  • 1 East 26th Street
  • 2 East 27th Street
  • 2 East 27th street
  • 213 Fifth Avenue
  • 215 Fifth Avenue
  • 217 Fifth Avenue
  • 219 FIfth Avenue
  • 221 Fifth Avenue
  • 223 FIfth Avenue
  • 225 5
  • 227 FIfth Avenue
  • 229 FIfth Avenue
  • 231 FIfth Avenue
  • 3 East 26th Street
  • 4 East 27th Street
  • 4 East 27th street
  • 5 East 26th Street
  • 7 East 26th Street
  • 9 East 26th Street

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