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Grand Madison, 225 Fifth Avenue, #PHH

$3,495,000 ($1,759 per ft2) | 3 beds, 3 baths | Approx. 1,987 ft2
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106 days on Market

Key Details

  • Listed: Jan 11, 2024
    Days on Market: 106
    Building Type: Condominium
    Neighborhood: Flatiron/Union Square (Manhattan)
    Doorman: FT Doorman
    Listing viewed 1,451 times
Monthly Common Charges: $2,740
Monthly Real Estate Taxes: $2,954
Total Taxes & Fees: $5,694 ($2.87/ft2)
Est. Monthly Mortgage: $19,264
Total Est. Monthly Carrying Cost: $24,958 ($12.56/ft2)
Note: the above is based on a down payment of 20% ($699,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Spacious and Luxurious Penthouse: This 3-bedroom, 3-bathroom duplex penthouse offers approximately 1,987 square feet of living space, including a 281 sq ft terrace with views of the Empire State Building and New York Skyline. The unit features wide plank oak floors, en-suite marble bathrooms, an oversized master bedroom, and an abundance of closet space.
  • High-End Kitchen: The beautifully appointed Poggenpohl chef’s kitchen is perfect for entertaining and is fully equipped with a Viking oven and stove, Viking Refrigerator and Bosch dishwasher.
  • Full-Service Building: The Grand Madison provides a high level of service with amenities including a fitness room, 24-hour doorman, concierge, in-house dry cleaner and tailor, daily housekeeping service and a full-time superintendent.
  • Prime Location: Located in the Flatiron/Union Square neighborhood, the building is convenient to subways, Grand Central, and Penn Station. It is also within blocks of fine dining options such as Eataly, Eleven Madison Park, ABC Kitchen, Upland, and Gramercy Tavern.
  • Historic Building with Modern Amenities: Built in 1906 and converted in 2004, the Grand Madison combines historic charm with modern features. Building amenities include a health club, a roof deck, resident storage, central AC, intercom, rooftop terrace, washer/dryer in building, elevator, fitness center, outdoor entertainment space, courtyard, in-unit washer/dryer, fireplaces, live-in superintendent, and terraces/balconies.
  • Financial Details: The penthouse is listed for $3,495,000 ($1,759 per ft2) with monthly common charges of $2,740 and real estate taxes of $2,954. The total taxes and fees amount to $5,694 ($2.87/ft2).

Description

PENTHOUSE DUPLEX WITH HUGE TERRACE1,987 Square Feet of Living (1,706 interior + 281 exterior)MASSIVE PRIVATE STORAGE and W/D in unit. Upon entering this quintessential three-bedroom, three-bathroom Duplex Penthouse, you are swept away by the soaring 11ft ceilings and oversized windows, inviting plenty of light throughout the home. The beautifully appointed Poggenpohl chef’s kitchen is perfect for entertaining and fully equipped with a Viking oven and stove, Viking Refrigerator and Bosch dishwasher.

Wide plank oak floors lead you to the expansive Living/ Dining Room, and 2 bedrooms with en-suite marble bathrooms. Follow the beautiful stairwell to the upper level with a sundrenched oversized Master bedroom with more than enough room for a sitting area, home office or a beautiful family room, overlooking a 281 sq ft terrace that is large enough to enjoy lounging and dining. Views of the Empire State Building and New York Sky line are the beautiful views to savor from your terrace.

This Penthouse is equipped with everything you need, and complete with an abundance of closet space and custom lighting. Just bring your luggage and call It a Home! The Grand Madison prides itself on providing the highest level of service. The luxurious amenities include a fitness room, 24-hour doorman, concierge, in-house dry cleaner and tailor, daily housekeeping service and a full-time superintendent.

Downtown’s hottest neighborhood is right outside your door. Opportunities for fine dining abound, with Eataly, the Edition Hotel’s Clocktower, Eleven Madison Park, The Nomad Hotel’s restaurants, the Ace Hotel’s Breslin and John Dory Oyster Bar, ABC Kitchen, Upland, and Gramercy Tavern all within blocks. Pet-friendly and convenient to subways, Grand Central, and Penn Station, the Grand Madison is truly a magnificent place to live and enjoy the best of what this city has to offer.

Assessment in place $3833 per month till March 2024

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Listing Agent (Seller's Representative)

Listing courtesy of Compass

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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