BuySellBlogBrowse Listings

225 Fifth Avenue PHSNew York, NY 10010

For Sale

$9,750,000

Smart Buyer Rebate $121,875

Perched atop the historic Grand Madison Condominium on Fifth Avenue and overlooking Madison Square Park, this fully renovated four-bedroom, three-and-a-half-bathroom penthouse offers the ultimate in modern luxury — complete with the rare bonus of two private roof terraces totaling nearly 900 square feet. As one of the largest residences in this coveted building, PHS spans two levels with a gracious and flexible layout, combining dramatic proportions, sophisticated finishes, and sweeping views of Manhattan’s most iconic landmarks.

The great room captivates with soaring ceilings and a wall of windows framing Madison Square Park, offering unobstructed vistas of the Flatiron Building. A newly renovated open kitchen is outfitted with a brand-new Sub-Zero refrigerator and freezer, a Sub-Zero 98-bottle wine refrigerator, Wolf oven range, Bosch convection oven, and microwave — designed for both effortless entertaining and everyday living. A cleverly designed closet under the stairs conceals a second wine fridge and provides ample storage for larger household appliances.

The primary suite is a private sanctuary with park views, a custom walk-in closet, and a spa-inspired bathroom clad in white marble, featuring a glass-enclosed shower, soaking tub, and dual sinks. Upstairs, a sunlit library/media lounge and dining area include a full-service pantry with wet bar, mini fridge, and dishwasher. This versatile space opens onto terraces on both sides and may also serve as a fifth bedroom. Three additional bedrooms, two full bathrooms, and a washer/dryer complete the secondary level.

Outdoor living is unrivaled. Two expansive landscaped roof decks are outfitted with irrigation, lighting, power, a sound system wired for Sonos, and a decorative fountain, creating the perfect setting for dining, entertaining, or serene relaxation. From here, take in southern sunshine along with northern exposures featuring Empire State Building views and glimpses of the Chrysler Building.

Additional highlights include a same-floor private storage room of nearly 1,000 cubic feet — a rare luxury in Manhattan.

At the Grand Madison, residents enjoy white-glove services including a 24-hour doorman and concierge, on-site valet, housekeeping, and more. Recently restored to perfection, this landmark Beaux-Arts building stands at the crossroads of NoMad, Flatiron, and Gramercy, with Eataly, Union Square Greenmarket, and the city’s premier dining and shopping destinations just beyond your door.

Listed by Karin Dauch

·

License #10401279129

·

Sothebys International Realty

·

(917) 309-5684

Listed by Daniela Sassoun

·

License #30SA1027169

·

Sothebys International Realty

Last updated September 09, 2025

·

Source: REBNY #RLS20045499

Listing Facts

  • TypeCondo
  • NeighborhoodNoMad
  • Bedrooms4
  • Bathrooms3.5
  • Days on Prevu7
  • HOA/Maint. Fees$5,025/month
  • Taxes$55,524/year
  • Size2,514 sqft
  • Price per sqft$3,878

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed

Location

Mortgage Calculator

Listing History

09/02/2025
Listed by Sothebys International Realty
$9,750,000

Estimated Closing Costs

Total
$422,900
Attorney Fees
$4,000
NYC Mansion Tax
$219,375
Title Insurance
$43,875
Bank Attorney
$1,500
Mortgage Recording Tax
$150,150
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $9,750,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 225 Fifth Avenue PHS

Association

Amenities

  • Pets Allowed: Building Yes, Yes
  • Concierge: Concierge Yes, Doorman Yes

Fees

  • Association Fee: $5,025.00 Monthly

Financial

  • Flip Tax Remarks: Call Listing Agent

Exterior

Construction

  • Number Of Units Total: 3
  • Property Condition: Excellent
  • Stories Total: 13
  • Structure Type: Multi Family
  • Year Built: 1920
  • Building Name: The Grand Madison
  • Entry Level: 12

Features

  • Building Features: Elevator(s)
  • Patio And Porch Features: Building Terrace, Terrace
  • View: City

Measurements

  • Building Area Total: 274,281
  • Building Area Units: SquareFeet
  • Lot Size Area: 1,640
  • Lot Size Dimensions: 197
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $55,524.00

Interior

Features

  • Appliances: Dryer, Dishwasher, Washer

Measurements

  • Living Area: 2,514
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4
  • Rooms Total: 8

Other

Location

  • City Region: Manhattan
  • Subdivision Name: No Mad
  • Tax Block: 00959
  • Tax Lot: 0011

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Laundry Features: Common Area, Laundry Room, In Unit

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.