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,
THE NICK ATHANAIL TEAM
at The Corcoran Group
Have a question? We have an answer!
Click the green chatbox button below to ask us anything!
The Grand Madison Condominium Statistics
Current Average PPSQFT
Current Average Price
1 Bedrooms
Average Price: $1,725,000
Average Common Charges & Taxes: $2,023
Average Square feet: 918
Average price per square foot: $1,880
Average Price History of 1 Bedrooms
2 Bedrooms
Average Price: $3,022,500
Average Common Charges & Taxes: $3,704
Average Square feet: 1,584
Average price per square foot: $1,908
Average Price History of 2 Bedrooms
3 Bedrooms
Average Price: $5,499,000
Average Common Charges & Taxes: $5,647
Average Square feet: 2,168
Average price per square foot: $2,536
4+ Bedrooms
Average Price: $7,249,000
Average Common Charges & Taxes: $7,465
Average Square feet: 3,085
Average price per square foot: $2,350
Average Price History of 3 Bedrooms
Average Price History of 4+ Bedrooms
FLATIRON CONDOMINIUM STATISTICS
On The Market Now
In Flatiron
Average Price
$5,156,798
Median Price
$3,800,000
Total Active
121
AVERAGE $ / SQ FT
$2,480
Average Days on the Market
188
Recently Sold
In Flatiron
Average Price
$2,760,743
Median Price
$2,121,500
AVERAGE $ / SQ FT
$1,834
Total Closed
30
Average Days on Market
183
Supply Vs Demand
In Flatiron
Average Sold Per Month
10
Total Active
121
Months of Supply
12.1
Supply
Oversupply
Average Sold Per Month
10
Total Active
121
Months of Supply
12.1
Supply
Oversupply
MANHATTAN CONDOMINIUM STATISTICS
On The Market Now
In Manhattan
Average Price
$4,024,033
Median Price
$2,250,000
Total Active
3,506
AVERAGE $ / SQ FT
$2,211
Average Days on the Market
196
Recently Sold
In Manhattan
Average Price
$2,875,765
Median Price
$1,622,500
Total Closed
842
AVERAGE $ / SQ FT
$2,064
Average Days on Market
133
Supply Vs Demand
In Manhattan
Average Sold Per Month
280.7
Total Active
3,506
Months of Supply
12.5
Supply
Oversupply
Average Sold Per Month
280.7
Total Active
3,506
Months of Supply
12.5
Supply
Oversupply
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 Corcoran Group
Licensed Associate Real Estate Broker
(855) NICK-NYC
NickTeam@corcoran.com
