---
title: "241 5th Avenue #5B, New York City, NY 10016"
description: "241 5th Avenue #5B, New York City, NY 10016 — NoMad, New York City, NY. Listing Price $3,250,000. 3 bed, 4 bath, 1,722 sqft Illustrative Buyer Commission Share of $48,750 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/241-5th-avenue-5b-ny-10016"
source: "Real Estate Rebate Team"
status: "Active"
---

# 241 5th Avenue #5B, New York City, NY 10016

NoMad, New York City, NY

Courtesy of Corcoran Group

## At a Glance

- **Listing Price**: $3,250,000
- **Beds**: 3
- **Total Baths**: 4
- **Sqft**: 1,722
- **Common Charges**: $3,874 / mo
- **Price per Sqft**: $1,887
- **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**: $3,250,000
- **Illustrative Buyer Commission Share**: -$48,750*
- **Illustrative Net Cost**: $3,201,250

*Illustrative Buyer Savings of $48,750 — 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)

![241 5th Avenue #5B, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c0e1251d-0ca8-45fe-866d-3827aa8967de.png)
![241 5th Avenue #5B, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8bc8e266-255c-4927-82c9-e74ecc0afc19.png)
![241 5th Avenue #5B, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6bd84836-69f4-4c81-b5f9-9e49074829df.png)
![241 5th Avenue #5B, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2e70adf3-eeb1-4748-97f5-9a4a23772fd3.png)
![241 5th Avenue #5B, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3193d8c5-acb3-4dcf-899d-2de34498017e.png)
![241 5th Avenue #5B, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c99bf882-f8fc-420b-9dd0-cab3cc911ced.png)
![241 5th Avenue #5B, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/790434b9-a379-4a07-ba2e-4e1009590c64.png)
![241 5th Avenue #5B, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/555b3c49-ba0e-4319-acd8-76d3836d6bd2.png)
![241 5th Avenue #5B, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f9475f46-c332-40bd-adac-9449fbddfda3.png)
![241 5th Avenue #5B, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cc284c66-8d3e-4983-a934-b1f767fb7a8a.png)

## Property Overview

Welcome home to Residence 5B at 241 Fifth Avenue, a turn-key three-bedroom, three-and-a-half-bathroom loft-style condominium offering exceptional scale, flexibility and high-end finishes in the heart of NoMad.

 A true foyer creates a gracious sense of arrival before opening into an expansive living and dining space framed by floor-to-ceiling, west-facing windows. The open chef's kitchen features Basaltina stone countertops, abundant high-end cabinetry, a full-size pantry and a large center island, along with premium Sub-Zero and Miele appliances, a wine cooler and filtered garbage disposal.

 Adjacent to the living room, the generously sized third bedroom easily accommodates a king-size bed and home office and features an en-suite bathroom. The flexible layout also allows this room to be opened to the living space for even grander entertaining and the powder room off the entry way is ideal for entertaining.

 A private bedroom wing leads to the serene, east-facing primary suite, complete with two oversized custom closets and a spa-like bathroom featuring radiant heated floors, dual sinks, an oversized soaking tub and separate shower. The spacious second bedroom is pin-drop quiet, comfortably fits a queen-size bed and offers a large closet.

 Light oak hardwood floors, high ceilings and abundant storage enhance the home's loft-like scale. Additional features include an in-unit Bosch washer and dryer, individually zoned Nest climate control and remote-controlled window treatments.

 Just two blocks from Madison Square Park, 241 Fifth Avenue is a full-service boutique condominium with an exceptional amenity package, including a spectacular rooftop terrace with iconic Manhattan views, state-of-the-art fitness center, yoga and zen spaces, resident lounge and private wellness treatment room. A 24-hour doorman and concierge, package room, bike storage, pet washing station and storage options complete the experience.

 Perfectly positioned at the crossroads of NoMad and Flatiron, Residence 5B offers the ideal combination of downtown loft living, modern luxury and effortless condominium ownership-equally compelling as a primary residence, pied-à-terre or investment property with strong rental potential.

## Property Details

- **Property Type**: Condominium
- **Beds**: 3
- **Total Baths**: 4
- **Rooms**: 6
- **Sqft**: 1,722 sqft
- **Stories**: 20
- **Year Built**: 2013
- **Price per Sqft**: $1,887
- **Common Charges**: $3,874 / Monthly
- **Listed On**: Jul 29, 2026
- **Days on Market**: 43 Days

### Residence Features

- Zoned
- Building Other
- Washer Hookup
- In Unit
- Building Roof Deck
- High Ceilings
- Dishwasher
- Washer Dryer Allowed
- City Lights
- City

## Sales Evidence

### Recent closed sales

16 apartments at 241 5th Avenue have recorded sales since September 2021, the most recent for $2,180,000 in July 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [10B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/241-5th-avenue-b-10B-ny-10016) (Apartment) | 3 | 1,368 | $2,180,000 | $1,594/ft² | July 22, 2026 | MLS |
| 16B (Apartment) | 2 | 1,228 | $2,275,000 | $1,853/ft² | June 10, 2026 | City record |
| 12C (Apartment) | 1 | 593 | $1,030,000 | $1,737/ft² | June 8, 2026 | City record · MLS |
| 3C (Apartment) | 2 | 1,340 | $2,200,000 | $1,642/ft² | January 22, 2026 | City record · MLS |
| 5C (Apartment) | 1 | 646 | $1,125,000 | $1,741/ft² | December 10, 2025 | City record · MLS |
| 12A (Apartment) | 2 | 991 | $2,000,000 | $2,018/ft² | December 2, 2025 | City record |
| 18B (Apartment) | 2 | 1,228 | $2,400,000 | $1,954/ft² | September 24, 2025 | City record · MLS |
| 5A (Apartment) | 1 | 566 | $1,010,000 | $1,784/ft² | July 18, 2025 | City record · MLS |
| 8B (Apartment) | 3 | 1,722 | $2,850,000 | $1,655/ft² | April 7, 2025 | City record · MLS |
| 3B (Apartment) | 3 | 1,701 | $3,187,500 | $1,874/ft² | July 23, 2024 | City record · MLS |
| 2 (Apartment) | 2 | — | $1,111,000 | — | June 6, 2024 | City record · MLS |
| 19A (Apartment) | 2 | 1,198 | $2,550,000 | $2,129/ft² | April 8, 2024 | City record · MLS |
| 15PH (Apartment) | 3 | 2,706 | $5,350,000 | $1,977/ft² | March 20, 2024 | City record · MLS |
| 6-A (Apartment) | 1 | 566 | $1,130,000 | $1,996/ft² | December 28, 2022 | City record · MLS |
| 8C (Apartment) | 1 | 646 | $1,280,000 | $1,981/ft² | September 1, 2022 | City record · MLS |
| 11B (Apartment) | 3 | 1,368 | $2,410,000 | $1,762/ft² | May 17, 2022 | City record · MLS |

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

The median closed price for comparable three-bedroom sales at 241 5TH Avenue is $3,018,750, based on 4 sales between May 2022 and April 2025. This home is asking $3,250,000, $231,250 above that median. The middle half of those sales closed between $2,740,000 and $3,728,125.

- **Median closed price**: $3,018,750
- **Middle half**: $2,740,000 – $3,728,125
- **Based on**: 4 three-bedroom sales at 241 5TH Avenue
- **Period**: May 2022 – April 2025
- **Median $/ft²**: $1,818/ft²

Across the 4 of these sales with a published asking price, the median closed at 91.4% of what it originally asked. 100% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 91.4% of the original ask
- **Closed below ask**: 100% of 4 sales
- **Listed → in contract**: 67 days (about 10 weeks)
- **In contract → closed**: 60 days (about 9 weeks)

Across the 4 of these sales with a published asking price, the median closed at 91.4% of what it originally asked. 100% of them closed below the original ask.

Half of these homes were in contract within 67 days (about 10 weeks) of coming to market, based on the 3 with a recorded listing date.

Once a deal was agreed, closing took a further 60 days (about 9 weeks), based on the 3 with both dates recorded.

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 4 three-bedroom sales at 241 5TH Avenue, May 2022 – April 2025. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median price per square foot for sales at 241 5TH Avenue, 2019 to 2026. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year.

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2019 | $1,962/ft² | 5 |
| 2022 | $1,981/ft² | 3 (thin) |
| 2024 | $1,977/ft² | 3 (thin) |
| 2025 | $1,784/ft² | 5 |
| 2026 | $1,737/ft² | 3 (thin) |

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.

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 241 5TH Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/241-5th-avenue)

## Price and Property History for 241 5TH Avenue, Unit 5B

Review the recorded listing activity for 241 5TH Avenue, Unit 5B, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $50,000, or 1.5%, on July 29, 2026
- **Originally listed**: July 28, 2026 at $3,250,000
- **Current asking price**: $3,250,000

| Date | Price | Listing event |
| --- | --- | --- |
| July 29, 2026 | $3,250,000 | Asking price reduced by $50,000, or 1.5% |
| July 28, 2026 | $3,250,000 | Listed for sale by Corcoran Group |

## Property Tax History

Taxes at 241 5th Avenue #5B were $39,517 in 2026, up 3.7% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $324,708 | $72,166 | $252,542 | $316,139 | $39,517 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $324,708 | $72,166 | $252,542 | $304,781 | $38,098 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $320,139 | $72,166 | $247,973 | $300,383 | $37,548 | 12.5% |
| 2023 (FY 2023/24) | $325,585 | $72,166 | $253,419 | $298,646 | $37,337 | 12.502% |
| 2022 (FY 2022/23) | $319,464 | $72,166 | $247,298 | $305,607 | $30,946 after $6,543 abatement | 12.267% |
| 2021 (FY 2021/22) | $321,016 | $72,166 | $248,850 | $318,431 | $13,814 after $25,146 abatement | 12.235% |
| 2020 (FY 2020/21) | $359,267 | $72,166 | $287,101 | $341,217 | $41,857 | 12.267% |
| 2019 (FY 2019/20) | $365,403 | $72,166 | $293,237 | $338,712 | $42,248 | 12.473% |
| 2018 (FY 2018/19) | $336,644 | $72,165 | $264,479 | $322,784 | $40,710 | 12.612% |
| 2017 (FY 2017/18) | $330,479 | $72,166 | $258,313 | $308,291 | $39,212 | 12.719% |
| 2016 (FY 2016/17) | $314,303 | $72,166 | $242,137 | $292,678 | $37,732 | 12.892% |
| 2015 (FY 2015/16) | $299,739 | $72,166 | $227,573 | $280,303 | $36,111 | 12.883% |
| 2014 (FY 2014/15) | $312,322 | $72,166 | $240,156 | $3,326,599 | $427,634 | 12.855% |

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 1008571009. 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

### 241 5th Avenue

NoMad · Condominium

241 5th Avenue, New York, NY 10016

A building in NoMad, currently featuring 2 active listings.

- **Year Built**: 2013
- **Total Units**: 2
- **Floors**: 20

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/241-5th-avenue)

### 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/10016/241-5th-avenue-5b-ny-10016) | 3 | 4 | 1,722 sqft | $1,887 | $3,250,000 (-1.5%) | Corcoran Group | Jul 29, 2026 | 43 days |
| [10B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/241-5th-avenue-b-10B-ny-10016) | 3 | 3 | 1,368 sqft | $1,594 | $2,180,000 | Corcoran Group | Mar 28, 2025 | 531 days |

## Estimated Monthly Payment

**$20,308 / month**, assuming a 20% down payment ($650,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $16,434
- **Common Charges**: $3,874

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

## 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

- [241 5TH Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/241-5th-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.