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, 

Linda+Nick+Spencer.jpg
 

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 on December 6th, 2017)

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

Current Average PPSQFT

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1 Bedrooms

 

Average Price: $1,812,666

Average Common Charges & Taxes: $1,916

Average price per room: $517,905

Average Square feet: 980

Average price per square foot: $1,848

Average Rental Price: $6,497

Median Price History of 1 Bedrooms

(Resale Condos)

2 Bedrooms

 

Average Price: $3,685,000

Average Common Charges & Taxes: $3,998

Average price per room: $1,023,611

Average Square feet: 1,665

Average price per square foot: $2,091

Average Rental Price: $9,167

Median Price History of 2 Bedrooms

(Resale Condos)

3 Bedrooms

Median Price History of 3 Bedrooms

(Resale Condos)

 

Average Price: $6,175,000

Average Common Charges & Taxes: $5,559

Average price per room: $1,157,813

Average Square feet: 2,086

Average price per square foot: $2,960

Average Rental Price: $13,666


FLATIRON CONDOMINIUM STATISTICS

(Updated on December 6th, 2017)

*All Statistics are from the last 3 months*

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On The Market Now
In Flatiron

Average Price

$5,906,251

Median Price

$3,200,000

Total Active

133

AVERAGE $ / SQ FT

$2,903

Average Days on the Market

151

Recently Sold
In Flatiron

Average Price

$4,815,947

Median Price

$3,846,942

AVERAGE $ / SQ FT

$2,589

Total Closed

274

Average Days on Market

94

Supply Vs Demand
In Flatiron

Average Sold Per Month

22.8

Total Active

133

Months of Supply

5.8

Supply

Under Supply


MANHATTAN CONDOMINIUM STATISTICS

(Updated on December 6th, 2017) 

*All Statistics are from the last 3 months*

Average Price (Manhattan)

Months of Supply in Manhattan

 

On The Market Now
In Manhattan

Average Price

$4,287,794

Median Price

$2,375,000

Total Active

3,694

AVERAGE $ / SQ FT

$2,526

Average Days on the Market

163

Recently Sold
In Manhattan

Average Price

$2,551,876

Median Price

$1,700,000

Total Closed

1,601

AVERAGE $ / SQ FT

$1,924

Average Days on Market

90

Supply Vs Demand
In Manhattan

Average Sold Per Month

533.7

Total Active

3,694

Months of Supply

6.9

Supply

Equilibrium

 

CURRENTLY ON THE MARKET

AT THE GRAND MADISON

 
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UNIT 3L

$6,195,000

3 Bedroom | 2.5 Bathroom

2,168 ft² | $2,905 per ft²

Common Charges: $2,865
Monthly Taxes: $2,478

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Unit 6B

$2,250,000

2 Bedroom | 2 Bathroom

1,320 ft² | $1,704 per ft²

Common Charges: $1,393
Monthly Taxes: $1,176

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Unit 29R

$1,925,000

1 Bedroom | 1.5 Bathroom

Common Charges: $950
Monthly Taxes: $950

 

IN CONTRACT AT THE GRAND MADISON

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Unit 2P

$1,995,000

1 Bedroom | 1 Bathroom

1,024 ft² | $1,948 per ft²

Common Charges: $1,021
Monthly Taxes: $1,129

 
 

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

Linda Nick Spencer.jpg