My Blog
Real Estate

$11 Million Condo In NYC’s Historic NoMad Area Stays True To Its Glory Days


Madison Square Park is one of New York City’s famous parks. Never heard of it? That’s how the locals like it. The square, which played host to magnificent mansions along Fifth Avenue in the mid-19th century, quickly became the heart of one of the city’s exclusive neighborhoods.

It still is.

Residential spaces in NoMad, which stands for “north of Madison Square Park,” these days are higher than they were two centuries ago. That’s because tall commercial buildings eclipsed the area’s storied estates. The 20-story building at 212 Fifth Avenue, for example, was built in 1913, one of the city’s early skyscrapers. The building’s neo-Gothic facade was carefully preserved and its office space converted into tony residences almost a decade ago.

MORE FROM FORBESWhat’s Listing And What’s Selling Right Now In The U.S. Real Estate Market

Now one of the condos is for sale. Residence 6A has three bedrooms and 3.5 bathrooms in 3,008 square feet — and commanding views of the park (52 feet with direct frontage, to be exact). The unit has 11-foot ceilings and king-sized windows with a spacious great room that can be configured into a roomy living room and dining area.

The main bedroom is behind the great room to offer maximum privacy; two others with en suite baths are separated by the hall gallery and kitchen. All full bathrooms have heated stone floors, Carrara marble walls, a stand-alone Lacuna soaking tub and a steam shower.

Details give the residence its luxe feel, such as the book-matched marble foyer and chevron-patterned oak floors. The kitchen features 4-inch thick Calcutta marble countertops and custom ash floors.

The building, designed by Schwartz & Gross, has a facade made of limestone, terra-cotta and brick with neo-Gothic and Romanesque details. It was restored by Helpern Architects, whose website lauds the “rhomboid-shaped, modern steel-frame structure as progressive as any built at that time of exuberant expansion in the city.”

MORE FROM FORBESHow To Sell Canceled Real Estate And Expired Luxury Listings In Los Angeles

“This building is hot, people love it, people are always asking about it,” says listing agent Ashley Reidy Quinn of New York-based brokerage Elegran. “It’s beautiful.“

How hot? Amazon CEO Jeff Bezos spent $80 million a few years back to buy three condos in the 48-unit building, including a cushy three-story penthouse called The Crown. Two years later, he bought two more. Texas billionaire Edward Bass also bought two apartments.

“People really like the boutique feel of the building,” Quinn says. “These billionaires don’t want 250 neighbors; they want their privacy. They want the doorman to know them and they want to know the doorman. There’s really nice security that you don’t have in big buildings, where there are too many people working there, too many people in and out.”

Lifestyle amenities at 212 Fifth include the usual items — 24-hour doorman, concierge, fitness center and lounge — but also a yoga studio with a private treatment room, a golf simulator, screening and game room and cold storage area for fresh food deliveries.

MORE FROM FORBESHow They Closed It: Overcoming Obstacles On Billionaires’ Row In New York City

The apartment comes unfurnished, except for window treatments throughout. The selling price is $10.99 million.

MORE FROM FORBES GLOBAL PROPERTIES

MORE FROM FORBESThe Most Expensive U.S. Real Estate Sales Of 2022MORE FROM FORBESTimeless Contemporary In Austin’s Tarrytown Is A Head-TurnerMORE FROM FORBESArtistic Desert Contemporary Sets A High Bar In Henderson, NevadaMORE FROM FORBES4 Winter Homes That Provide A Warm And Luxurious RetreatMORE FROM FORBESA Rather Grand Bit Of The Shire Lists In New Zealand’s Wairarapa District

Related posts

How to Make Clematis Flowers Last All Season

newsconquest

Real Estate Experts Share ROI Trends Of Wellness Design Home Features

newsconquest

Surprise And Awe–The Multifamily Restoration In 2022

newsconquest

Leave a Comment