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Grand Madison, 225 Fifth Avenue, #7DE8E

Listing no longer available on CityRealty as of Sep 14, 2023
It previously was on the market for a total of 358 days.
Last Sold on Sep 13, 2023 for $9,000,000
5 beds, 5 baths | Approx. 4,882 ft2
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  • Buyers
  • Grand Madison 2023 Llc
  • Sellers
  • Kristen Glosserman
  • Marc Glosserman
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9 apartments are currently available in this building.
358 days on Market

Pricing History

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Key Details

  • Listed: Sep 21, 2022
    Last Price Change: -9.2% ($830,000) on Sep 14
    Days on Market: 358
    Building Type: Condominium
    Neighborhood: Flatiron/Union Square (Manhattan)
    Doorman: FT Doorman
    Listing viewed 443 times
Monthly Common Charges: $6,441
Monthly Real Estate Taxes: $6,213
Total Taxes & Fees: $12,654 ($2.59/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $57,685 ($11.82/ft2)
Note: the above is based on a down payment of 20% ($1,634,000), which is the minimum amount permitted by the building.

Description

Live grand at the Grand Madison! Comfort and elegance are epitomized in this reimagined duplex resting on the seventh and eighth floors of the landmarked Grand Madison condominium in prime NoMad! The expansive, meticulously-designed five bedroom five bathroom corner gem affords the gracious feel of a single-family home and a standard of luxury that is truly unparalleled - right on Madison Square Park.

Sophistication envelops you the moment you enter the dramatic foyer/gallery marked by airy 10" ceilings, rich wood floors, plentiful wall space for art, and a sweeping staircase that rises to the upper level. Entertain in style in the generous light-filled living room featuring large windows on corner exposures (north and west), and breathtaking views of historic Fifth Avenue and the Empire State Building.

An open dining area is ideal for sharing meals, prepared in the top-of-the-line windowed kitchen that is well-appointed for the chef. Enhancing the culinary experience is custom cabinetry, sleek countertops, a large island with extra seating, and suite of top-grade Viking and Bosch stainless steel appliances. Chill your favorite vintages in the Marvel wine cooler, and store an abundance of dry food items in the two spacious pantries.

A hall leads to a handsome media room/library where you can watch TV or lounge with a good book, and a private office for working remotely. With a high-end full bath across the way, either room can serve as sleeping quarters if desired. Proceed on to the divine primary bedroom retreat presenting its own office with custom built-ins and desk, a fabulous dressing area with built-in table, amazing walk-in closet, and indulgent 5-fixture marble bath for spa-like pampering.

Additionally on the main level, accessed from the gallery hall and a service entrance, is a convenient mudroom, modern full bath, and excellent laundry room with two Bosch washers/dryers, a second fridge, sink and cabinet storage.

Up the striking turned staircase you’ll find a second living/activity room, two upscale full baths, and four inviting sun-filled bedrooms with custom closets. This level can also be entered from the eighth floor hall. Other highlights include wiring for SONOS sound, multi-zone HVAC, and THREE big private storage units on the building’s seventh and eighth floors as well as bike storage.

Set at the crossroads of NoMad, Flatiron, Chelsea and Gramercy, 225 5th Avenue is a grand NYC landmark built in 1907 and converted to a luxury condo in 2004 by the famed Elad Properties.

The handsome brick and limestone building offers white-glove amenities including a full-time doorman/concierge, live-in manager, fitness center, interior courtyard, common laundry, in-house valet services, and rooftop terrace overlooking Madison Square Park. The premier address on the park is directly across from Eataly, close to fine shops, restaurants, art galleries, Whole Foods, multiple subway lines, plus Grand Central and Penn Station transportation hubs. Pets are allowed.

4% Buyer’s Broker Incentive + 1 Year of Common Charges Paid For the Buyer Now Through December 31, 2022.

There is an assessment of $9,009.69 through February 2024.

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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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