Dear Grand Madison Homeowner, 

It is my pleasure to present to you with our report giving you the most up to date statistics on the NYC real estate market and The Grand Madison.

With multiple sales and rentals in the neighborhood, our team knows how to effectively market the building to buyers and tenants. Our listings go into contract in an average of 42 days vs. the average agent's 130 days on the market. We also sell properties for 8.68% more than the average agent in NYC. 

If you should have any questions about 225 Fifth or would like to know the current value of your home, please click below to contact me now! 

I look forward to seeing you around the neighborhood! 

All the best, 

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THE NICK ATHANAIL TEAM

The Corcoran Group

Licensed Associate Real Estate Broker

(855) NICK-NYC                   NGA@corcoran.com

 
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THE GRAND MADISON STATISTICS

(Updated September 2018)

**All Statistics are from the past 12 months**

Current Average PPSQFT

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1 Bedrooms

 

Average Price: $1,985,000

Average Common Charges & Taxes: $2,044

Average price per room: $626,842

Average Square feet: 1,000

Average price per square foot: $1,985

Average Rental Price: $6,569

Median Price History of 1 Bedrooms

(Resale Condos)

2 Bedrooms

 

Average Price: $3,436,785

Average Common Charges & Taxes: $3,644

Average price per room: $815,508

Average Square feet: 1,487

Average price per square foot: $2,310

Average Rental Price: $9,938

Median Price History of 2 Bedrooms

(Resale Condos)

3 Bedrooms

Median Price History of 3 Bedrooms

(Resale Condos)

 

Average Price: $5,482,666

Average Common Charges & Taxes: $5,245

Average price per room: $1,028,000

Average Square feet: 2,119

Average price per square foot: $2,587

Average Rental Price: $13,666


FLATIRON CONDOMINIUM STATISTICS

(Updated September 2018)

*All Statistics are from the last 12 months*

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On The Market Now
In Flatiron

Average Price

$5,010,978

Median Price

$2,795,000

Total Active

143

AVERAGE $ / SQ FT

$2,788

Average Days on the Market

156

Recently Sold
In Flatiron

Average Price

$4,309,652

Median Price

$2,765,000

AVERAGE $ / SQ FT

$2,278

Total Closed

141

Average Days on Market

134

Supply Vs Demand
In Flatiron

Average Sold Per Month

11.8

Total Active

143

Months of Supply

12.2

Supply

OverSupply


MANHATTAN CONDOMINIUM STATISTICS

(Updated September 2018) 

*All Statistics are from the last 12 months*

Average Price (Manhattan)

Months of Supply in Manhattan

 

On The Market Now
In Manhattan

Average Price

$3,847,353

Median Price

$2,179,500

Total Active

3,846

AVERAGE $ / SQ FT

$2,410

Average Days on the Market

168

Recently Sold
In Manhattan

Average Price

$2,833,510

Median Price

$1,675,000

Total Closed

5,173

AVERAGE $ / SQ FT

$2,035

Average Days on Market

115

Supply Vs Demand
In Manhattan

Average Sold Per Month

431.1

Total Active

3,846

Months of Supply

8.9

Supply

Equilibrium


Thinking of selling or renting your home?

Or just curious about how much it's worth?

We will be happy to provide you with an accurate value of what your home is worth in today's sales and rental market. We respect your privacy and none of your information with ever be shared or sold. 

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Thanks For Reading Our Report! 

Subscribe to our report for the latest up to date stats and updates at The Grand Madison. We look forward to seeing you again.

Sincerely,

THE NICK ATHANAIL TEAM

The Corcoran Group

Licensed Associate Real Estate Broker

(855) NICK-NYC

NGA@corcoran.com

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