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Grand Madison, 225 Fifth Avenue, NYC - Condo Apartments
 
 
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CityRealty > New York City > Flatiron/Union Square > Grand Madison, 225 Fifth Avenue

Grand Madison, 225 Fifth Avenue

Between West 26th Street & West 27th Street   |    Flatiron/Union Square

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Key Details

  • Condo
  • Built in 1906
  • 188 Apartments
  • 13 Floors
$2,103 Avg. Price / Ft2
$72 Avg. Price / Ft2
  • Size Avg. Price # Sold
  • 1 BED $1,897,600 5
  • 2 BEDS $3,862,500 3
  • 3 BEDS $5,558,333 3
  • Avg. Price based on 11 closings during past 12 months Last updated Jul 18, 2018
  • View all recent sales
$2,228 Avg. Price / Ft2

Overview

89

Grand Madison, 225 Fifth Avenue has received a CityRealty Rating of 89, 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

29
Out of 44
+
30
Out of 36
+
21
Out of 39
+
9
=
89
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
Attractive 2 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 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:
No 0 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:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Many 2 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:
10-15 1 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Considerable 2 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:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points
    How was this building rated?

    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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    Features & Amenities

    • Conversion Year: 2004
    • 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

    Apts For sale at 225 Fifth Avenue (3)

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    Apts For rent at 225 Fifth Avenue (1)

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    Nearby Subway Stations

    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

    Carter Horsley's Review

    Grand Madison, 225 Fifth Avenue 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." Read Carter's Full Review

    The pros & cons

    Pros
    • Sidewalk landscaping
    • Convenient to Chelsea- Flatiron and Gramercy Park districts
    • Some balconies
    • Roof deck
    • Courtyard
    • High ceilings
    • Cold storage
    • Close to Subway
    • Very distinguished and handsome building
    • Concierge
    • Live-in superintendent
    • Overlooks Madison Square Park
    • Convenient to many restaurants
    • Excellent bus service
    • Library
    Cons
    • Considerable traffic
    • No garage
    • Many apartments

    Area Map | StreetView

    More Neighborhood Info
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    Broker & buyer comments

    "Apartments in this great building have high-end finishes and kitchens with Viking appliances."
    "The building has a glorious, large marble lobby and is one of the only condos on lower Fifth Avenue."
    "Totally gut renovated health club. Amenities and lobby are well done."
    "The Grand Madison, built in 1906, was recently converted to condominiums and is located directly on Madison Square Park at the corner of Fifth Avenue. The building is an architectural masterpiece, which has lovingly been restored to provide all of the grandeur of a pre-war building. Full-time doorman and gym area."
    "The Grand Madison is a conversion from a pre-war office building to a full service, luxury condominium building. The only amenities offered are a full time doorman, concierge, and fitness center."
    View more comments

    Grand Madison, 225 Fifth Avenue Featured In

    Editorial Coverage

    CityRealty Indices:

    Famous Residents at Grand Madison, 225 Fifth Avenue

     

    Grand Madison, 225 Fifth Avenue Aerial Imagery

     

    Grand Madison Video

    Pricing Comparison of Similar Buildings

    View Detailed Comparison

    Grand Madison, 225 Fifth Avenue - 10 year Sales History

    View Full Sales History
     

    Grand Madison, 225 Fifth Avenue 12 Month Sales Summary

    View By Apartment Sizes
    Past 12 Months
    $2,228
    AVG Price / ft2, based on 11 Sales
     

    Loading Recent Closings Table

    Grand Madison, 225 Fifth Avenue 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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    In the Neighborhood: What’s Available & Sales Stats

    Map Graph Heat Map
    Not enough data available to generate chart.
    • 102 Available for Sale
    • $2,600 Avg. Price / Ft2
    • $6,860,479 Avg. Price
    • $3,125,000 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 | $1,095,000
      Price / ft2 $1,685
    Map Graph Heat Map
    Not enough data available to generate chart.
    • 46 Available for Rent
    • $94 Avg. Price / Ft2
    • $12,934 Avg. Price
    • $8,850 Median Price
    1. Most Expensive 10 Madison Square West Apt 7F | $52,000
      Price / ft2 $132
    2. Least Expensive 17 East 17th Street Apt D4 | $2,600
      Price / ft2 $42
    Map Graph Heat Map
    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.
    • 184 Total Sales
    • $2,429 Avg. Price / Ft2
    • $4,476,963 Avg. Price
    • $3,475,000 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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