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$11 Million Condo In New York Historic NoMad Neighborhood Stays True To Its Glory Days

by Financial Savvy
January 25, 2023
in Real estate
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$11 Million Condo In New York Historic NoMad Neighborhood Stays True To Its Glory Days
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A view of landmark buildings and Madison Sq. Park in New York Metropolis from personal residence positioned … [+] at 212 Fifth Avenue.

Elegran

Madison Sq. Park is one in all New York Metropolis’s well-known parks. By no means heard of it? That’s how the locals prefer it. The sq., which performed host to magnificent mansions alongside Fifth Avenue within the mid-Nineteenth century, rapidly grew to become the guts of one of many metropolis’s unique neighborhoods.

It nonetheless is.

The 20-story constructing at 212 Fifth Avenue was one of many metropolis’s early skyscrapers when it was constructed … [+] in 1913. Now, workplace areas have been expertly renovated right into a handful of coveted condominium items.

Elegran

Residential areas in NoMad, which stands for “north of Madison Sq. Park,” nowadays are greater than they have been two centuries in the past. That’s as a result of tall industrial buildings eclipsed the world’s storied estates. The 20-story constructing at 212 Fifth Avenue, for instance, was inbuilt 1913, one of many metropolis’s early skyscrapers. The constructing’s neo-Gothic facade was fastidiously preserved and its workplace house transformed into tony residences nearly a decade in the past.

MORE FROM FORBESWhat’s Itemizing And What’s Promoting Proper Now In The U.S. Actual Property MarketBy Spencer Elliott

Now one of many condos is on the market. Residence 6A has three bedrooms and three.5 loos in 3,008 sq. ft — and commanding views of the park (52 ft with direct frontage, to be precise). The unit has 11-foot ceilings and king-sized home windows with a spacious nice room that may be configured right into a roomy lounge and eating space.

Listed for $10.995 million, the reimagined residence has greater than 3,000 sq. ft of … [+] refined dwelling house.

Elegran

The principle bed room is behind the nice room to supply most privateness; two others with en suite baths are separated by the corridor gallery and kitchen. All full loos have heated stone flooring, Carrara marble partitions, a stand-alone Lacuna soaking tub and a steam bathe.

Particulars give the residence its luxe really feel, such because the book-matched marble lobby and chevron-patterned oak flooring. The kitchen options 4-inch thick Calcutta marble counter tops and customized ash flooring.

The trendy chef’s kitchen pairs stunning marble counter tops with seamless cabinetry.

Elegran

The constructing, designed by Schwartz & Gross, has a facade made from limestone, terra-cotta and brick with neo-Gothic and Romanesque particulars. It was restored by Helpern Architects, whose web site lauds the “rhomboid-shaped, fashionable steel-frame construction as progressive as any constructed at the moment of exuberant enlargement within the metropolis.”

MORE FROM FORBESHow To Promote Canceled Actual Property And Expired Luxurious Listings In Los AngelesBy Spencer Elliott

“This constructing is scorching, folks adore it, individuals are all the time asking about it,” says itemizing agent Ashley Reidy Quinn of New York-based brokerage Elegran. “It’s stunning.“

The principle bed room is behind the nice room to supply most privateness.

Elegran

How scorching? Amazon CEO Jeff Bezos spent $80 million a couple of years again to purchase three condos within the 48-unit constructing, together with a soft three-story penthouse known as The Crown. Two years later, he purchased two extra. Texas billionaire Edward Bass additionally purchased two flats.

“Folks actually just like the boutique really feel of the constructing,” Quinn says. “These billionaires don’t need 250 neighbors; they need their privateness. They need the doorman to know them they usually wish to know the doorman. There’s very nice safety that you simply don’t have in large buildings, the place there are too many individuals working there, too many individuals out and in.”

All full loos have heated stone flooring, Carrara marble partitions, a stand-alone Lacuna soaking tub … [+] and a steam bathe.

Elegran

Life-style facilities at 212 Fifth embody the same old objects — 24-hour doorman, concierge, health heart and lounge — but additionally a yoga studio with a non-public remedy room, a golf simulator, screening and sport room and chilly storage space for contemporary meals deliveries.

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

The condominium comes unfurnished, aside from window remedies all through. The promoting worth is $10.99 million.

Standout particulars embody book-matched marble particulars and high-end fixtures.

Elegran

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Tags: CondodaysGloryHistoricMillionNeighborhoodNoMadStaysTrueYork

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