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225 Fifth Avenue #7DE/8E
Condo in NoMad •  building info
5bd • 5ba • 4,882ft² $1,673 per ft²
Sold price

$8,170,000

Key Details
Days on market
358
Last price change
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Estimated payment
$59,130
Taxes
$6,213
Monthly common charges
$6,441
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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Important Stuff
Doorman
Elevator
Building Amenities
Gym
Parking Available
History
What it'll cost
Purchase price
$8,170,000
Asking Price: $8,170,000
Term
30 Years
Down Payment
$817,000 (10%)
Min: 10% (817,000)
Rate
6.5 %
Mortgage Amount
$7,353,000
Mortgage Payment
$46,476
Common Charges
$6,441
Taxes
$6,213
Estimated closing cost
$367,000
Total monthly cost $59,130
Listing Courtesy of Corcoran Group

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