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Grand Madison, 225 Fifth Avenue, #5K

$3,995,000 ($2,338 per ft2) -6% | 2 beds, 2 baths | Approx. 1,709 ft2
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363 days on Market

Key Details

  • Listed: May 22, 2023
    Last Price Change: -6% ($255,000) on Oct 13
    Days on Market: 363
    Building Type: Condominium
    Neighborhood: Flatiron/Union Square (Manhattan)
    Doorman: FT Doorman
    Listing viewed 129 times
Monthly Common Charges: $2,502
Monthly Real Estate Taxes: $2,697
Total Taxes & Fees: $5,199 ($3.04/ft2)
Est. Monthly Mortgage: $21,457
Total Est. Monthly Carrying Cost: $26,656 ($15.60/ft2)
Note: the above is based on a down payment of 20% ($799,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This luxurious 2-bedroom, 2-bathroom condominium is located in the heart of NoMad, downtown’s hottest neighborhood, offering stunning views of Madison Square Park, the iconic Met Life Clock Tower, and the Flatiron Building.
  • Spacious and Elegant Interior: The apartment features a generously proportioned living-dining room with airy 10’ ceilings, gorgeous wide-plank hardwood floors, and an open Poggenpohl kitchen meticulously outfitted with top-of-the-line appliances. The primary bedroom suite offers a tranquil retreat with a 5-fixture en-suite spa-like bath.
  • Building Amenities: The Grand Madison offers a range of amenities including a 24-hour doorman, concierge, live-in resident manager, fitness room, and in-house valet for package delivery, laundry, dry cleaning, shoe shine, tailoring & housekeeping service.
  • Rich History: Built in 1906 and converted in 2004, The Grand Madison is a shining example of timeless Beaux-Arts style, formerly known as the Brunswick Hotel, and now houses 188 apartments across 13 floors.
  • Convenient Location: The building is conveniently located near a variety of restaurants, retail stores, and art galleries, and is close to the R, W, 6 & F trains, and the transit hubs of Penn Station and Grand Central Terminal.
  • Building Drawbacks: Despite its many features, the building does not have a garage and is located in an area with considerable traffic.

Description

The Grand Madison
225 Fifth Avenue,
5K NoMad, New York

New York Rare to market! An exquisite park-facing 2 bedroom home flooded with southern light, showcasing fabulous Madison Square Park and open skyline views. This expansive, elegant gem located in the heart of NoMad, downtown’s hottest neighborhood, is a luxurious jewel where you can enjoy all the stunning seasons of the park’s lush treetops in full display, along with vistas of the iconic Met Life Clock Tower and Flatiron Building, and radiant unobstructed skies year-round through wonderful oversized picture windows.

Beautifully designed with sophisticated yet relaxed living-entertaining in mind, the residence greets you with a generous 18’ entry foyer - a perfect gallery for artwork and a home office area.

Beyond is a graciously-proportioned living-dining room with airy 10’ ceilings, gorgeous wide-plank hardwood floors, and an open Poggenpohl kitchen for the chef. Culinary quarters are meticulously outfitted with abundant cabinetry, Pennsylvania bluestone countertops and island, and seamlessly integrated appliances by Wolf, Viking, Bosch and Sub-Zero. Effortlessly host large dinner parties or intimate family meals while basking in this grand open space with a backdrop of serene park views.

The luxuriously-scaled king-size primary bedroom suite is a tranquil retreat offering lovely park and Flatiron Building views, a wall of 26+ linear feet of amazing custom closets, and a dreamy 5-fixture en-suite spa-like bath.

Clad in white marble, this oasis pampers with a double vanity, soaking tub, and separate glass shower for unwinding after a long day.

In the north wing rests a peaceful second bedroom, a pin-drop-quiet sanctuary with 10’ ceilings, a custom closet, and rich wide-plank hardwood floors. Other highlights are a large centrally situated 3-piece marble hall bath, multi-zone heating/cooling system for climate comfort, Bosch washer/dryer, and large private storage room on the same floor that conveys with the unit.

Idyllically located for a century on the north side of Madison Square Park, The Grand Madison conceived by Francis H. Kimball and Harry E. Donnell is a shining example of timeless Beaux-Arts style, reflected in its 1906 architecture of handsome brick and limestone. Formerly known as the Brunswick Hotel, the building boasts a magnificent sprawling lobby and white-glove services/amenities including a 24-hour doorman, concierge, live-in resident manager, handymen, a fitness room, and in-house valet for package delivery, laundry, dry cleaning, shoe shine, tailoring & housekeeping service.

From Whole Foods to Eleven Madison Park to Shake Shack, you’ll experience the epicurean joys of nearby Eataly, John Dory Oyster Bar, Upland, Gramercy Tavern, ABC Kitchen & more. Also close by is Edition Hotel’s Clocktower, Virgin Hotel, Ritz Carlton, The Breslin at Ace Hotel, The Nomad, not to mention fine shops and art galleries. The Grand Madison is convenient to the R, W, 6 & F trains, and the transit hubs of Penn Station and Grand Central Terminal.

Madison Square Park features mature trees, artwork, a children’s playground, picnic areas, reflecting fountain, and 2 dog runs. All in coveted NoMad at the crossroads of Gramercy, Flatiron and Chelsea!

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Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About Grand Madison, 225 Fifth Avenue

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

Building Amenities

  • Conversion Year: 2004
  • 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

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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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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

 

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