---
title: "225 5th Avenue #PHB, New York City, NY 10010"
description: "225 5th Avenue #PHB, New York City, NY 10010 — NoMad, New York City, NY. Listing Price $4,050,000. Price Reduced: Reduced $200,000 (4.7%) from $4,250,000 on September 20, 2026. 2 bed, 3 bath, 1,815 sqft Illustrative Buyer Commission Share of $60,750 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/225-5th-avenue-phb-PHB-ny-10010"
source: "Real Estate Rebate Team"
dateModified: "2026-09-20T14:57:19.702Z"
status: "Active"
---

# 225 5th Avenue #PHB, New York City, NY 10010

NoMad, New York City, NY

Courtesy of Corcoran Group

Last updated: September 20, 2026, 10:57 AM

## At a Glance

- **Listing Price**: $4,050,000
- **Price Reduced**: Reduced $200,000 (4.7%) from $4,250,000 on September 20, 2026
- **Beds**: 2
- **Baths**: 3
- **Sqft**: 1,815
- **Common Charges**: $2,666 / mo
- **Price per Sqft**: $2,231
- **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**: $4,050,000
- **Illustrative Buyer Commission Share**: -$60,750*
- **Illustrative Net Cost**: $3,989,250

*Illustrative Buyer Savings of $60,750 — 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)

![225 5th Avenue #PHB, New York City, NY 10010 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/539a6dcc-53e4-4114-90ad-6c462a5cfb97.jpg)
![225 5th Avenue #PHB, New York City, NY 10010 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/17d51871-b873-4138-a1c6-95a123a1325c.jpg)
![225 5th Avenue #PHB, New York City, NY 10010 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a0b1f880-dbd8-4d38-8160-c009923b1586.jpg)
![225 5th Avenue #PHB, New York City, NY 10010 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b713283d-3893-4ead-9060-364d29a32256.jpg)
![225 5th Avenue #PHB, New York City, NY 10010 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/33fec593-f15e-4af1-8bf6-12f1510ffce8.jpg)
![225 5th Avenue #PHB, New York City, NY 10010 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2dc39eab-69eb-4dd3-866e-c68ff7b12059.jpg)
![225 5th Avenue #PHB, New York City, NY 10010 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ba7454f2-59cf-4d99-89c9-3fbfd3b649b1.jpg)
![225 5th Avenue #PHB, New York City, NY 10010 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0bc6154a-f843-4100-83af-a43bdbbaa26a.jpg)
![225 5th Avenue #PHB, New York City, NY 10010 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/908deda6-6e12-4d78-b3a2-10ef44be8fbd.jpg)
![225 5th Avenue #PHB, New York City, NY 10010 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/882aeb53-7b1a-4a47-aaff-e6c7141dd251.jpg)

## Property Overview

Located in one of Manhattan's most sought-after downtown neighborhoods, this trophy duplex penthouse with a 616-square-foot private terrace represents the pinnacle of loft living.

 Spanning approximately 1,815 square feet, this beautifully renovated two-bedroom, three-bathroom residence with a home office seamlessly blends grand proportions with modern luxury. Upon entering the lower floor you are welcomed by a spacious foyer that opens to an impressive living and dining area featuring soaring 11-foot ceilings and striking arched windows that flood the home with natural northern light.

 The main level offers a thoughtfully designed layout, including a chef's kitchen outfitted with premium Sub-Zero and Gaggenau appliances, a generously sized secondary bedroom with an en-suite bath, a home office with custom sliding glass privacy panels, and an additional full bathroom.

 A sweeping staircase leads to the upper level, where the full glass wall of the private primary suite opens directly onto a spectacular 616-square-foot terrace. A custom bespoke full glass closet with interior dramatic lighting sets off this stunning bedroom with en suite full bathroom including tub. The terrace is entered through one of two glass doors, and is perfect for entertaining, al fresco dining, or simply relaxing outdoors. This exceptional space serves as a true extension of the home.

 Additional features include freshly refinished wide-plank oak floors, brand-new full-size washer and dryer, elegant limestone bathrooms and central heating and air conditioning. The lighting is pre-wired for Lutron controls.

 Originally built in 1906, The Grand Madison is one of Fifth Avenue's most iconic prewar landmarks, ideally positioned on the northern edge of Madison Square Park. Residents enjoy an exceptional level of service and amenities, including a 24-hour doorman, concierge, fitness center, in-house dry cleaner and seamstress, daily housekeeping services, and dedicated on-site handymen.

 Just outside your door, enjoy immediate access to Madison Square Park and some of the city's most celebrated dining and lifestyle destinations. Neighborhood favorites include Eleven Madison Park, Ilili, Scarpetta, and the culinary offerings of Eataly NYC Flatiron, creating an unparalleled downtown lifestyle experience.

 Working capital contribution equal to two months of common charges payable by buyer.

## Property Details

- **Property Type**: Duplex
- **Beds**: 2
- **Baths**: 3
- **Rooms**: 5
- **Sqft**: 1,815 sqft
- **Stories**: 13
- **Year Built**: 1900
- **Price per Sqft**: $2,231
- **Common Charges**: $2,666 / Monthly
- **Listed On**: Sep 20, 2026
- **Days on Market**: 2 Days

### Residence Features

- Central Air
- Building Other
- Private Outdoor Space Over 60 Sqft

## Estimated Monthly Payment

**$23,145 / month**, assuming a 20% down payment ($810,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $20,479
- **Common Charges**: $2,666

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

50 apartments at The Grand Madison have recorded sales since September 2021, the most recent for $1,537,500 in July 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [2T](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/225-5th-avenue-t-2T-ny-10010) (Loft) | 1 | 708 | $1,537,500 | $2,172/ft² | July 29, 2026 | MLS |
| 6R (Apartment) | 1 | 1,049 | $1,805,000 | $1,721/ft² | May 28, 2026 | City record · MLS |
| PHS (Apartment) | 4 | 2,900 | $9,065,000 | $3,126/ft² | December 31, 2025 | City record · MLS |
| 7K (Apartment) | 2 | 1,706 | $3,800,000 | $2,227/ft² | November 19, 2025 | City record · MLS |
| 11H (Apartment) | — | 789 | $1,500,000 | $1,901/ft² | April 22, 2025 | City record |
| 6A (Apartment) | 2 | 1,613 | $2,562,500 | $1,589/ft² | March 21, 2025 | City record · MLS |
| 5D (Apartment) | 1 | 1,106 | $2,100,000 | $1,899/ft² | February 14, 2025 | City record |
| 6N (Apartment) | 1 | 917 | $1,375,000 | $1,499/ft² | February 12, 2025 | MLS |
| 10R (Apartment) | 1 | 948 | $1,790,000 | $1,888/ft² | February 11, 2025 | City record |
| 5D/SU5D (Apartment) | 1 | 1,211 | $2,100,000 | $1,734/ft² | February 7, 2025 | MLS |
| PH-K (Apartment) | 2 | 1,323 | $2,700,000 | $2,041/ft² | October 28, 2024 | City record · MLS |
| 6T (Apartment) | 1 | 706 | $1,295,000 | $1,834/ft² | October 24, 2024 | City record · MLS |
| 8K (Apartment) | 2 | 1,706 | $4,250,000 | $2,491/ft² | September 27, 2024 | City record · MLS |
| 5P (Apartment) | 1 | 1,024 | $1,580,000 | $1,543/ft² | August 23, 2024 | City record · MLS |
| 2R (Apartment) | 1 | 1,025 | $1,875,000 | $1,829/ft² | August 1, 2024 | City record · MLS |
| 7R (Apartment) | 1 | 948 | $1,825,000 | $1,925/ft² | July 17, 2024 | City record |
| 9R (Apartment) | 1 | 1,049 | $1,920,000 | $1,830/ft² | July 12, 2024 | City record · MLS |
| 9C (Apartment) | 1 | 1,334 | $2,305,000 | $1,728/ft² | June 26, 2024 | City record · MLS |
| 2F (Apartment) | 2 | 1,254 | $2,185,000 | $1,742/ft² | June 21, 2024 | City record · MLS |
| 5B (Apartment) | — | 1,229 | $2,200,000 | $1,790/ft² | June 10, 2024 | City record |
| 5K (Apartment) | 2 | 1,709 | $3,805,000 | $2,226/ft² | May 21, 2024 | City record · MLS |
| 10K (Apartment) | — | 1,539 | $3,925,000 | $2,550/ft² | May 9, 2024 | City record |
| 4N (Apartment) | 1 | 917 | $1,375,000 | $1,499/ft² | May 2, 2024 | City record · MLS |
| 2H (Apartment) | 1 | 902 | $1,390,000 | $1,541/ft² | March 7, 2024 | City record · MLS |
| PHF (Apartment) | 1 | 1,183 | $2,465,000 | $2,084/ft² | March 1, 2024 | City record · MLS |
| 6B (Apartment) | 1 | 1,229 | $2,300,000 | $1,871/ft² | March 1, 2024 | City record |
| 7P (Apartment) | 1 | 1,024 | $1,620,000 | $1,582/ft² | February 29, 2024 | City record · MLS |
| 10A (Apartment) | 2 | 1,613 | $2,400,000 | $1,488/ft² | February 1, 2024 | City record · MLS |
| 11G (Apartment) | 2 | 1,258 | $1,800,000 | $1,431/ft² | November 15, 2023 | City record · MLS |
| 7DE (Apartment) | 5 | 4,882 | $8,170,000 | $1,673/ft² | September 13, 2023 | City record · MLS |
| 10-T (Apartment) | 1 | 706 | $1,250,000 | $1,771/ft² | July 25, 2023 | City record · MLS |
| 7S (Apartment) | 2 | 1,349 | $2,250,000 | $1,668/ft² | July 25, 2023 | City record · MLS |
| 5T (Apartment) | 1 | — | $1,130,000 | — | March 29, 2023 | City record · MLS |
| PH-D (Duplex) | 1 | 1,221 | $1,925,000 | $1,577/ft² | February 24, 2023 | City record · MLS |
| 10P (Apartment) | 1 | 1,029 | $1,680,000 | $1,633/ft² | January 13, 2023 | City record · MLS |
| 4-A (Apartment) | 1 | 1,613 | $2,830,000 | $1,754/ft² | January 10, 2023 | City record · MLS |
| 2B (Apartment) | 2 | 1,320 | $2,100,000 | $1,591/ft² | December 29, 2022 | City record · MLS |
| 7N (Apartment) | 1 | 917 | $1,505,000 | $1,641/ft² | October 6, 2022 | City record · MLS |
| 8F (Apartment) | 2 | 1,280 | $2,350,000 | $1,836/ft² | August 18, 2022 | City record · MLS |
| PHR (Apartment) | 3 | 2,000 | $4,775,000 | $2,388/ft² | July 19, 2022 | City record · MLS |

Showing the 40 most recent of 50 recorded sales in this period.

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

- **This home**: $4,050,000
- **Median sold price**: $2,506,250
- **Difference**: +$1,543,750 (+61.6%)
- **This home, $/ft²**: $2,231
- **Median $/ft²**: $1,938
- **Comparable sales**: 16
- **Sales from**: November 2021 – November 2025
- **Middle half of those sales**: $2,233,750 – $3,801,250

Based on two-bedroom sales at The Grand Madison.

### How these sales were negotiated

- **Sale-to-list price**: 90.7% (12 sales)
- **Sold below asking**: 92% (12 sales)
- **Typical time to find a buyer**: 54 days (14 sales)
- **Typical time to close**: 60 days (14 sales)

Based on two-bedroom sales at The Grand Madison with the required listing and closing data. Sample sizes vary by metric.

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.

### Price trend

Median price per square foot, sales at The Grand Madison

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2017 | $2,232/ft² | 9 |
| 2018 | $2,209/ft² | 9 |
| 2019 | $2,074/ft² | 7 |
| 2020 | $2,070/ft² | 3 (thin) |
| 2021 | $2,020/ft² | 9 |
| 2022 | $1,836/ft² | 11 |
| 2023 | $1,668/ft² | 8 |
| 2024 | $1,830/ft² | 18 |
| 2025 | $1,900/ft² | 6 |

Based on recorded sales at The Grand Madison.

Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.

Sales data through July 2026.

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 The Grand Madison](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/225-5th-avenue)

## Price and Property History for 225 5TH Avenue, Unit PHB

Review the recorded listing activity for 225 5TH Avenue, Unit PHB, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $200,000, or 4.7%, on September 20, 2026
- **Originally listed**: June 12, 2026 at $4,250,000
- **Current asking price**: $4,050,000

| Date | Price | Listing event |
| --- | --- | --- |
| September 20, 2026 | $4,050,000 | Asking price reduced by $200,000, or 4.7% |
| August 17, 2026 | $4,250,000 | Listing removed from the market |
| August 17, 2026 | $4,250,000 | Returned to the market |
| June 12, 2026 | $4,250,000 | Listed for sale by Corcoran Group |

## Property Tax History

Taxes at 225 5th Avenue #PHB were $35,028 in 2026, up 2.0% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $286,899 | $117,878 | $169,021 | $280,225 | $35,028 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $283,937 | $117,878 | $166,059 | $274,661 | $34,333 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $280,352 | $117,878 | $162,474 | $275,263 | $34,408 | 12.5% |
| 2023 (FY 2023/24) | $276,929 | $117,878 | $159,051 | $273,554 | $22,456 after $11,744 abatement | 12.502% |
| 2022 (FY 2022/23) | $273,018 | $117,878 | $155,140 | $270,300 | $9,978 after $23,180 abatement | 12.267% |
| 2021 (FY 2021/22) | $259,075 | $117,878 | $141,197 | $259,075 | $9,480 after $22,218 abatement | 12.235% |
| 2020 (FY 2020/21) | $286,951 | $117,878 | $169,073 | $261,746 | $32,108 | 12.267% |
| 2019 (FY 2019/20) | $280,501 | $117,878 | $162,623 | $253,579 | $31,629 | 12.473% |
| 2018 (FY 2018/19) | $270,701 | $117,878 | $152,823 | $242,260 | $30,554 | 12.612% |
| 2017 (FY 2017/18) | $261,282 | $117,878 | $143,404 | $233,935 | $29,754 | 12.719% |
| 2016 (FY 2016/17) | $238,368 | $117,878 | $120,490 | $226,564 | $29,209 | 12.892% |
| 2015 (FY 2015/16) | $237,445 | $117,878 | $119,567 | $221,870 | $28,584 | 12.883% |
| 2014 (FY 2014/15) | $203,539 | $117,878 | $85,661 | $216,520 | $27,834 | 12.855% |
| 2013 (FY 2013/14) | $229,059 | $117,877 | $111,182 | $212,965 | $27,994 | 13.145% |
| 2012 (FY 2012/13) | $224,436 | $117,878 | $106,558 | $203,734 | $26,854 | 13.181% |
| 2011 (FY 2011/12) | $234,555 | $117,878 | $116,677 | $198,927 | $26,722 | 13.433% |
| 2010 (FY 2010/11) | $210,388 | $117,878 | $92,510 | $195,965 | $26,167 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner.

Figures are the New York City Department of Finance assessment roll for tax lot 1008561274. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### The Grand Madison

225 5th Avenue, New York, NY 10010

A building in the neighborhood, currently featuring 1 active listing.

- **Year Built**: 1900
- **Active Units**: 1
- **Floors**: 13

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/225-5th-avenue)

### Available Residences — For Sale (2)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [PHB](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/225-5th-avenue-phb-PHB-ny-10010) | 2 | 3 | 1,815 sqft | $2,231 | $4,050,000 (-4.7%) | Corcoran Group | Sep 20, 2026 | 1 days |
| [10R](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10010/225-5th-avenue-r-10R-ny-10010) | 1 | 2 | 1,049 sqft | $1,754 | $1,840,000 (-1.9%) — In contract | Compass | Jun 17, 2024 | 826 days |

## Potential NYC Second-Home Tax

This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price.

[Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator)

## 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

- [The Grand Madison — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/225-5th-avenue)
- [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.