--- title: "1200 BROADWAY #5B, New York City, NY 10001" description: "1200 BROADWAY #5B, New York City, NY 10001 — NoMad, New York City, NY. Listing Price $2,995,000. 2 bed, 3 bath, 2,170 sqft Illustrative Buyer Commission Share of $44,925 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/1200-broadway-b-5B-ny-10001" source: "Real Estate Rebate Team" status: "Active" --- # 1200 BROADWAY #5B, New York City, NY 10001 NoMad, New York City, NY **Sponsor Residence** Courtesy of Corcoran Group ## At a Glance - **Listing Price**: $2,995,000 - **Beds**: 2 - **Total Baths**: 3 - **Sqft**: 2,170 - **Common Charges**: $3,533 / mo - **Price per Sqft**: $1,380 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $2,995,000 - **Illustrative Buyer Commission Share**: -$44,925* - **Illustrative Net Cost**: $2,950,075 *Illustrative Buyer Savings of $44,925 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![1200 BROADWAY #5B, New York City, NY 10001 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f4603151-e414-4fd2-9cef-5ddf6f858198.jpg) ![1200 BROADWAY #5B, New York City, NY 10001 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d217e96a-969b-4435-85f2-9a2b14051c8f.jpg) ![1200 BROADWAY #5B, New York City, NY 10001 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/54b5c12f-70e7-49cf-8190-8ea5cb288699.jpg) ![1200 BROADWAY #5B, New York City, NY 10001 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7736c381-d467-4b05-aded-32e8ebcc7691.jpg) ![1200 BROADWAY #5B, New York City, NY 10001 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c40f1194-adb0-442e-a671-7f04b1303492.jpg) ![1200 BROADWAY #5B, New York City, NY 10001 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/42f2912d-11d6-45f5-8504-be58d513c148.jpg) ![1200 BROADWAY #5B, New York City, NY 10001 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/820f9e9f-fd3f-4093-bc86-e94565ac8862.jpg) ![1200 BROADWAY #5B, New York City, NY 10001 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ad6e71a3-3fc5-4e4c-8d4d-df8cf883b7ac.jpg) ![1200 BROADWAY #5B, New York City, NY 10001 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a440f471-72a4-409e-bb0a-936c36e4ba39.jpg) ![1200 BROADWAY #5B, New York City, NY 10001 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/901e5cf0-da21-4bf5-998b-fef39b89fd33.jpg) ## Property Overview SUN-FILLED NOMAD LOFT IN ICONIC GILSEY HOUSE A grand-scale, meticulously reimagined loft in one of Manhattan's most celebrated cast-iron landmarks. Located at 1200 Broadway, Apartment 5B spans approximately 2,170 square feet (per offering plan) and is defined by soaring 11'10" ceilings, expansive proportions, and open southern exposures that flood the home with natural light throughout the day. Originally constructed between 1869 and 1871 and opened in 1872 as the famed 300-room Gilsey Hotel, the building remains one of New York's most architecturally significant cast-iron structures, distinguished by ornate detailing, dramatic columns, and its iconic three-story mansard roof. Today, it is proudly listed on the National Register of Historic Places. The residence has been meticulously gut-renovated and rebuilt from the studs in 2021 by the Brooklyn-based architectural firm Harper Design + Build, seamlessly blending historic loft character with modern systems and refined design. The renovation was comprehensive in scope, delivering an essentially new residence within a historic loft envelope, including enhanced insulation and soundproofing, new subflooring, and fully updated electrical systems and panels. A generous great room anchors the home, offering exceptional scale for both entertaining and everyday living. The adjacent chef's kitchen is outfitted with marble countertops and a full suite of premium appliances, including Sub-Zero refrigeration, a Wolf range and microwave, and a Cove dishwasher. A custom bar with integrated wine refrigeration, located within the dining area, adds both function and sophistication. The home offers two well-proportioned bedrooms along with two and a half bathrooms. The primary suite features substantial closet space, including a walk-in, and a spa-like bath finished in natural stone with custom tilework, radiant heated floors, and a Toto bidet toilet. The second full bath is equally well appointed, and a separate powder room adds convenience for guests. A Miele washer/dryer is discreetly located in a separate, dedicated laundry room with ample storage including a spacious attic. Modern living is further enhanced by a fully integrated Savant home automation system controlling audio-visual, climate, lighting, and motorized Lutron shades. Central heating and air conditioning and designer lighting complete this turnkey residence. The Gilsey House is an intimate, eight-story prewar cooperative with just 40 residences. Amenities include keyed elevator access, a seven-day superintendent/porter who accepts deliveries and dry cleaning, video intercom, bike storage, private storage, and a central laundry room. Pieds-à-terre, live/work use, and pets are permitted. Perfectly positioned in the heart of NoMad, the building is moments from Madison Square Park, Eataly, and Rizzoli Books, along with acclaimed dining destinations including Zaytinya, The Smith, Ulivo, Cecconi's, Wagamama, Shake Shack, and Eleven Madison Park. The Ned, Ace Hotel, and Ritz-Carlton are nearby, as are Whole Foods, Fairway, and Trader Joe's. Multiple transportation options-including the N, R, W, 1, and 6 trains and PATH-are all within easy reach. Fully renovated lofts of this scale and quality are rarely available in Gilsey House-and are seldom found in NoMad. An exceptional opportunity to own a light-filled, architecturally significant residence in one of downtown Manhattan's most iconic buildings. ## Property Details - **Property Type**: Loft - **Beds**: 2 - **Total Baths**: 3 - **Rooms**: 5 - **Sqft**: 2,170 sqft - **Stories**: 8 - **Year Built**: 1871 - **Price per Sqft**: $1,380 - **Common Charges**: $3,533 / Monthly - **Listed On**: Apr 15, 2026 - **Days on Market**: 150 Days ### Residence Features - Central Air - Building Other - Washer Hookup - In Unit - Dining Area - High Ceilings - Storage - Walk-In Closet(s) - Dishwasher - Washer Dryer Allowed ## Sales Evidence ### How this price compares The median closed price for comparable co-op two-bedroom sales in NoMad is $1,395,000, based on 3 sales between August 2025 and December 2025. This home is asking $2,995,000, $1,600,000 above that median. The middle half of those sales closed between $1,275,000 and $1,835,000. - **Median closed price**: $1,395,000 - **Middle half**: $1,275,000 – $1,835,000 - **Based on**: 3 co-op two-bedroom sales in NoMad - **Period**: August 2025 – December 2025 Square footage is recorded for only 2 of these 3 sales (67%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. Across the 3 of these sales with a published asking price, the median closed at 92.4% of what it originally asked. 100% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from NoMad instead. ### How these sales were negotiated - **Sold vs original ask**: 92.4% of the original ask - **Closed below ask**: 100% of 3 sales - **Listed → in contract**: 99 days (about 14 weeks) - **In contract → closed**: 89 days (about 13 weeks) Across the 3 of these sales with a published asking price, the median closed at 92.4% of what it originally asked. 100% of them closed below the original ask. Half of these homes were in contract within 99 days (about 14 weeks) of coming to market, based on the 3 with a recorded listing date. Once a deal was agreed, closing took a further 89 days (about 13 weeks), based on the 3 with both dates recorded. A co-op board package and its interview account for much of that. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 3 co-op two-bedroom sales in NoMad, August 2025 – December 2025. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at Gilsey House](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/gilsey-house) ## Price and Property History for 1200 BROADWAY, Unit 5B Review the recorded listing activity for 1200 BROADWAY, Unit 5B, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $255,000, or 7.8%, on June 2, 2026 - **Originally listed**: April 15, 2026 at $3,250,000 - **Current asking price**: $2,995,000 | Date | Price | Listing event | | --- | --- | --- | | June 2, 2026 | $2,995,000 | Asking price reduced by $255,000, or 7.8% | | April 15, 2026 | $3,250,000 | Listed for sale by Corcoran Group | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 40 apartments. The corporation’s 2026 property tax bill was $1,327,957 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for Gilsey House](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/gilsey-house) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### Gilsey House NoMad · Stock Cooperative 1200 BROADWAY, New York, NY 10001 A building in NoMad, currently featuring 2 active listings. - **Year Built**: 1871 - **Total Units**: 2 - **Floors**: 8 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/gilsey-house) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/1200-broadway-b-5B-ny-10001) | 2 | 3 | 2,170 sqft | $1,380 | $2,995,000 (-7.8%) | Corcoran Group | Apr 15, 2026 | 150 days | | [7B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/1200-broadway-b-7B-ny-10001) | 2 | 2 | 2,170 sqft | $1,014 | $2,199,999 (-8.3%) | Corcoran Group | Mar 3, 2025 | 558 days | ## Estimated Monthly Payment **$18,677 / month**, assuming a 20% down payment ($599,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $15,144 - **Common Charges**: $3,533 Estimates only. Actual payments may vary. Confirm terms with your lender. ## NoMad Overview of NoMad [Explore NoMad](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nomad) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby NoMad - [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) - [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village) - [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town) ## Related Links - [Gilsey House — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/gilsey-house) - [NoMad neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nomad) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.