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Grand Madison, 225 Fifth Avenue

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

cityrealty insider access Interested in off-market listings at Grand Madison? find out more

Key Details

  • Condo
  • Built in 1900
  • 188 Apartments
  • 13 Floors
  • Size From # avail
  • 1 Bed $1,795,000 2
  • 2 Beds $2,700,000 2
  • 3 Beds $6,250,000 2
  • Last updated Apr 26, 2017
  • View apartments for sale
$2,472 Avg. Price / Ft2
$89 Avg. Price / Ft2
  • Size Avg. Price # Sold
  • 1 BED $1,963,333 3
  • 2 BEDS $3,070,500 5
  • 3 BEDS $6,097,500 2
  • Avg. Price based on 10 closings during past 12 months Last updated Apr 26, 2017
  • View all recent sales
$2,247 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
  • #35 Rated condo - Downtown
  • #1 Rated condo - Flatiron/Union Square
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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Apts For sale AT 225 Fifth Avenue (6)

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Apts For rent AT 225 Fifth Avenue (2)

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Nearby Subway Stations

  1. M
    M
    • 23rd Street (at 6th Ave) (0.28 miles)
     
  2. 1
    1
    • 28th Street (at 7th Ave) (0.39 miles)
     
  3. B
    B
    • 34th Street (at 6th Ave) (0.41 miles)
     
  4. D
    D
    • 34th Street (at 6th Ave) (0.41 miles)
     
  5. F
    F
    • 23rd Street (at 6th Ave) (0.28 miles)
     
  6. N
    N
    • 28th Street (at Broadway) (0.14 miles)
     
  7. Q
    Q
    • 34th Street (at 6th Ave) (0.41 miles)
     
  8. R
    R
    • 28th Street (at Broadway) (0.14 miles)
     
  9. 6
    6
    • 28th Street (at Park Ave) (0.18 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
  • Very distinguished and handsome building
  • Overlooks Madison Square Park
  • Excellent bus service
  • Convenient to many restaurants
  • Convenient to Chelsea, Flatiron and Gramercy Park districts
  • Sidewalk landscaping
  • Some balconies
  • Concierge
  • High ceilings
  • Roof deck
  • Live-in superintendent
  • Cold storage
  • Library
  • Courtyard
Cons
  • Many apartments
  • Considerable traffic
  • No garage
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Popularity Stats

24
#24 Most viewed condo in Downtown (past 30 days).

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
$2,247
AVG Price / ft2, based on 10 Sales
 

Loading Recent Closings Table

Grand Madison, 225 Fifth Avenue Alternate Addresses

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

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In the Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 145 Available for Sale
  • $2,519 Avg. Price / Ft2
  • $5,467,620 Avg. Price
  • $4,450,000 Median Price
  1. Most Expensive One Madison Apt PH5556 | $26,950,000
    Price / ft2 $4,071
  2. Least Expensive Wedgwood House Apt 16H | $690,000
Not enough data available to generate chart.
  • 74 Available for Rent
  • $81 Avg. Price / Ft2
  • $7,732 Avg. Price
  • $5,950 Median Price
  1. Most Expensive 10 Madison Square West Apt 19B | $35,000
    Price / ft2 $130
  2. Least Expensive 172 Fifth Avenue Apt 5A | $2,400
    Price / ft2 $77
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.
  • 283 Total Sales
  • $2,187 Avg. Price / Ft2
  • $3,888,817 Avg. Price
  • $2,762,003 Median Price
  1. Most Expensive 10 Madison Square West Apt PH | $36,573,875
    Price / ft2 $5,457
  2. Least Expensive Madison Green Apt 18B | $314,000
    Price / ft2 $523

Similar Buildings

 
cityrealty insider access Interested in off-market listings at Grand Madison? find out more
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