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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
    Pets Allowed
Avg. Price / ft2
$82
Avg. Price / ft2
Avg. Price / ft2

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
  • High-Rise
  • Pre War
  • Resident Storage
  • Central AC
  • Health Club
  • Intercom
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Fitness Center
  • Outdoor Entertainment Space
  • Courtyard
  • In-Unit Washer/Dryer
  • Fireplaces
  • Live-In Superintendent
  • Terraces / Balconies

Apartments for Sale at 225 Fifth Avenue (7)

7
Available Apts
$1.7M - $5.5M
Price Range
$2,072
Avg. Price / ft2
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Apartments for Rent at 225 Fifth Avenue (17)

17
Available Apts
$2,450
Prices Start At
$82
Avg. Price / ft2
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No Listings Found. Please update the search criteria.
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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
 
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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

Broker & Buyer Comments

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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
$1,971
Avg. Price / ft2
Based on 5 Sales
 

Closing History - Last 10 sales

10
Units Sold
$1.3M - $5.5M
Price Range
$1,932
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.
  • 210 Available for Sale
  • $2,118 Avg. Price / Ft2
  • $3,751,680 Avg. Price
  • $2,497,500 Median Price
  1. Most Expensive 240 Park Avenue South Apt Penthouse | $30,000,000
  2. Least Expensive 126 East 30th Street Apt 1B | $389,000
    Price / ft2 $1,024
Not enough data available to generate chart.
  • 217 Available for Rent
  • $81 Avg. Price / Ft2
  • $8,435 Avg. Price
  • $5,700 Median Price
  1. Most Expensive One Madison Apt 52A | $41,500
    Price / ft2 $150
  2. Least Expensive The Madison Parq Apt 3J | $2,400
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.
  • 163 Total Sales
  • $1,768 Avg. Price / Ft2
  • $2,520,190 Avg. Price
  • $1,720,613 Median Price
  1. Most Expensive Madison Square Park Tower Apt PHB | $24,845,250
    Price / ft2 $4,119
  2. Least Expensive 126 East 30th Street Apt 3C | $362,000

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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