212 Fifth Avenue
212 Fifth Avenue, New York, NY 10010
NoMad
BBL 1008277501 · BIN 1015624
- Year built
- 1913
- Type
- Condominium
Every recorded sale at this building, 2017–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $3,838
- Listing discount
- 0.0%
- Recorded sales
- 66
- On record
- 2017–2026
212 Fifth Avenue is one of the most successful park-front conversions in Manhattan. The building rose in 1913 as an ornate neo-Gothic office tower designed by Schwartz & Gross, facing directly onto Madison Square Park at the corner of 26th Street. A century later, a development team led by Madison Equities, Thor Equities, and Building and Land Technology converted it into a 48-residence luxury condominium — restoring the dramatic terra-cotta facade with Helpern Architects and outfitting the interiors with Pembrooke & Ives.
The conversion landed at the center of NoMad's transformation into one of Manhattan's most sought-after neighborhoods, and it landed at the top of the market: the building's triplex penthouse, "The Crown," and the units below it became part of one of the most prominent residential acquisitions in recent New York memory. That cemented 212 Fifth as a trophy address and a benchmark for what a pre-war park-front conversion can command.
For buyers, the appeal is rare and concrete: a landmark-quality neo-Gothic building, directly on Madison Square Park, with a deep modern amenity suite and the ownership flexibility of a condominium — a combination almost nothing else in NoMad can match.
Building operations
212 Fifth runs as a full-service condominium with a deep amenity program: a 24-hour doorman and concierge, a fitness center with a yoga studio, a golf simulator, a screening room, a boardroom, a game room, a children's playroom, and a resident lounge. For a 48-unit building, that is an unusually complete package — a full suite of wellness, entertainment, and family amenities reserved for a small number of households.
As a condominium, the building offers full ownership flexibility: financing is not capped the way it is at co-ops, and pied-à-terre, trust, LLC, and investor purchases are customary. That flexibility, paired with the building's architecture and park frontage, is the heart of its appeal in a neighborhood where older co-ops and rental conversions still make up much of the stock.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $60,028/yr
- Per unit / month range
- $0 – $106
Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Recent sales
Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jan 22, 2026 | 12A | 3 BR · 3.5 BA · 3,008 sf | $11,762,500 | $3,910/sf | -5.5% |
| Dec 18, 2025 | 4A | 3 BR · 3.5 BA · 3,002 sf | $11,350,000 | $3,781/sf | +0.9% |
| Sep 30, 2025 | 3B | 3 BR · 3.5 BA · 2,693 sf | $6,250,000 | $2,321/sf | +5.0% |
| Aug 11, 2025 | 7A | 3 BR · 2.5 BA · 3,008 sf | $9,400,000 | $3,125/sf | -21.0% |
| Aug 14, 2023 | 6A | 3 BR · 3.5 BA · 3,008 sf | $9,750,000 | $3,241/sf | +0.0% |
| Jun 14, 2022 | 8A | 3 BR · 3.5 BA · 3,008 sf | $10,500,000 | $3,491/sf | -3.7% |
| Jul 30, 2021 | 20A | 4 BR · 4.5 BA · 4,155 sf | $23,000,000 | $5,535/sf | off-mkt |
| Apr 27, 2021 | 7A | 3 BR · 3.5 BA · 3,008 sf | $9,900,000 | $3,291/sf | -14.7% |
Market read. Most recent trades (2026) cleared a median $3,838/sf across 1 sale. Median listing discount 0.0% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00827-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
What to know if you’re buying
The park and the architecture are the assets. Direct Madison Square Park frontage in a restored neo-Gothic landmark is the scarcest thing in the neighborhood, and it cannot be replicated — the park-facing, high-floor homes are the building's most defensible holdings. Verify the exact exposure and sightline; the south-side windows added in the conversion mean light and park views vary meaningfully by line and floor.
The condominium structure is a clear advantage in NoMad: financing flexibility, lighter board review, and the ability to buy in an LLC or trust or hold as a pied-à-terre, set against a neighborhood still heavy with co-ops. The amenity package is deep for the building's size and part of the value, though it also drives common charges — weigh the monthly cost against intended use.
This is trophy inventory, and the comparison set is the top of the NoMad and Flatiron condominium market. We help buyers benchmark the price, read the financials, and value the best homes against a thin comparable set.
What to know if you’re selling
Lead with the park and the building. A restored Schwartz & Gross neo-Gothic landmark directly on Madison Square Park is a story the surrounding stock cannot tell — position the home on architecture, park frontage, and the building's marquee reputation.
Benchmark to the top of the NoMad and Flatiron condominium market, not the neighborhood's co-ops or rental conversions; the comparison set and buyer are different, and the pricing follows. Closing clears through condominium mechanics and a right-of-first-refusal rather than a co-op board — a faster, more predictable path that appeals to the flexibility-minded buyer this building attracts.
Park-facing and penthouse homes sell on the outlook and the address; interior homes sell on the building, the amenity suite, and value relative to the park lines. With limited inventory, a well-presented and well-timed resale benefits from the building's standing and the scarcity of comparable product.
Comparable buildings
If you're considering 212 Fifth Avenue, also evaluate nearby NoMad and Flatiron inventory:
- 15 East 26th Street — Fifteen Madison Square North, a boutique park-facing condominium
- 30 East 29th Street — Rose Hill, a NoMad condominium tower
- 141 Fifth Avenue — a landmark Beaux-Arts conversion on Lower Fifth
- 175 Fifth Avenue — the Flatiron Building, on the park's southern edge
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Flatiron — read The Roebling Team Guide to Flatiron.
Considering a move at 212 Fifth Avenue?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 212 Fifth Avenue would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.