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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
10 Photos

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
$2,423
Avg. Price / ft2
Apartments for Sale (8)
$80
Avg. Price / ft2
Apartment for Rent (1)
$2,159
Avg. Price / ft2
Recent Sales (6)

Rating

29
Out of 44

Architecture Rating: 29 / 44

Exterior:
7/8
Very Distinguished
Retail Quality:
5/5
High-End
Canopy Entrance:
2/3
Attractive
Alterations:
1/2
Well Done
Plaza Or Atrium:
2/3
Attractive
Contextual Design:
2/3
Yes and Good
Skyline:
2/2
Highly Visible
Local Visibility:
2/2
Highly Visible
Watertank:
1/2
Enclosed
Airconditioners:
2/2
Not Allowed
Free Standing:
1/2
Corner
Gargoyles:
0/2
None
Garden:
0/2
None
Fenestration:
1/1
Consistent
Landmark:
0/2
No
Unity:
1/1
Unified Design
Illumination:
0/1
None
Water Element:
0/1
None
+
30
Out of 36

Location Rating: 30 / 36

Street Ambience:
5/5
Outstanding
Distance To Neighborhood Center:
5/5
Less than 10 blocks
Views:
4/4
Dazzling
Neighborhood Ambience:
3/3
Very Attractive
Traffic Noise:
1/3
Considerable
Protected Views:
2/2
Many
Distance To Subway:
1/2
3-5 Short Blocks
Firedepartment Noise:
2/2
No Noise
Distance To Supermarket:
1/2
3-5 Short Blocks
Distance To Park:
2/2
Less Than 3 Short Blocks
Distance To Water:
0/2
More than 6 Short Blocks
Shopping:
2/2
5 or less Short Blocks
Schools:
1/1
No Noise
Noise From Nightlife:
1/1
None
+
21
Out of 39

Features Rating: 21 / 39

Lobby:
4/5
Spacious
Units Per Floor:
1/5
10-15
Ceiling:
2/4
9-11 Feet
Balconies:
1/3
Some
Health Club:
1/2
Yes
Private Gardens:
2/2
Substantial
Storage Rooms:
2/2
Considerable
Bay Windows:
0/1
None
Fireplaces:
0/1
None
Door Person:
1/1
Yes
Concierge:
1/1
Yes
Elevator Person:
0/1
None
Recreational Roof:
1/1
Yes
Driveway:
0/1
None
Maids Room:
0/1
None
Catering:
0/1
None
Garage:
0/1
None
Mixed Use:
1/1
Yes
Non Rectilinear Form:
0/1
No
Unusual Layouts:
1/1
Some
Prewar:
1/1
Yes
Other Amenities:
2/2
Many
+
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
CityRealty’s Ratings Explained
  • #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
  • Fireplaces
  • Live-In Superintendent
  • Terraces / Balconies
  • Outdoor Entertainment Space
  • Courtyard
  • In-Unit Washer/Dryer
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Apartments for Sale at 225 Fifth Avenue (8)

8
Available Apts
$2.2M - $6M
Price Range
$2,423
Avg. Price / ft2
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Apartments for Rent at 225 Fifth Avenue (1)

1
Available Apts
$8,500
Prices Start At
$80
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
  • 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

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."
"Lovely loft-style homes with a contemporary pre-war feel in a central Flatiron location."
"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."
"No view from many of the apartment lines in the building, plus a sense of poor construction quality. Also very few amenities."
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Area Map | StreetView

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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

Aerial Imagery | Video

 

Sales History

View Full Sales History
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$2,159
Avg. Price / ft2
Based on 6 Sales
 

Closing History - Past 12 Months (6)

View All Closed Transactions since 2017
6
Units Sold
$1.8M - $4.7M
Price Range
$2,159
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

Map Graph Heat Map
Not enough data available to generate chart.
  • 205 Available for Sale
  • $2,218 Avg. Price / Ft2
  • $4,353,185 Avg. Price
  • $2,375,000 Median Price
  1. Most Expensive 212 Fifth Avenue Apt PH | $73,800,000
    Price / ft2 $7,322
  2. Least Expensive The Madison Parq Apt 1C | $475,000
    Price / ft2 $979
Map Graph Heat Map
Not enough data available to generate chart.
  • 65 Available for Rent
  • $88 Avg. Price / Ft2
  • $10,427 Avg. Price
  • $7,650 Median Price
  1. Most Expensive 10 Madison Square West Apt 7F | $52,000
    Price / ft2 $132
  2. Least Expensive 126 East 30th Street Apt 4C | $1,895
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.
  • 220 Total Sales
  • $1,951 Avg. Price / Ft2
  • $2,955,236 Avg. Price
  • $1,707,500 Median Price
  1. Most Expensive Madison Square Park Tower Apt 62A | $22,413,800
    Price / ft2 $4,807
  2. Least Expensive The Victoria Apt 18X | $386,925

Editorial Coverage

CityRealty Indices:

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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