212 Fifth Avenue
212 Fifth Avenue, New York, NY 10010
BBL 1008277501 · BIN 1015624
- Year built
- 1913
- Type
- Condominium
- Landmark status
- Not an individual landmark; in the Madison Square North Historic District
- NYC Landmarks Preservation Commission records, updated February 2026
- Doorman
- Full-time doorman
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, 2026 to date
- $3,980
- floor-adjusted, 1 sale
- Listing discount
- 0.8%
- Recorded sales
- 61
- On record
- 2017–2026
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.
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 has no co-op board admission; confirm financing, pied-à-terre, trust, LLC and investor ownership rules in the current declaration and bylaws. Condominium ownership, 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.
Architecture and residences
The facade is the building's signature: a richly modeled neo-Gothic composition in terra-cotta and masonry, restored to full effect during the conversion. It is one of the most distinctive towers on the Madison Square Park skyline, and its architecture is a core part of the building's identity and value.
The 48 residences were comprehensively reconceived by Pembrooke & Ives, with hardwood floors, high-specification kitchens and baths, and the proportions a pre-war frame allows. The conversion added windows on the south side to bring extra light and direct park views into upper-floor homes — a thoughtful intervention that maximized the building's defining asset. Layouts range from generous full-service condominium homes to the multi-level penthouse that crowns the tower, with the most valuable residences oriented to the park and skyline.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $1,830 per room a monthMedian of 4 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $3.52 per square foot a monthMedian of 4 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $1.75 per square foot a monthMedian of 8 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $1.77 per square foot a monthMedian of 8 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. The split into common charges and taxes comes from the listings that also give the annual tax, a different sample, so the two lines need not add up exactly to the combined median; a tax abatement can hold taxes below the full amount until it expires. A summary of recorded sales and listings, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: The Roebling Team's building profile
- Concierge
- YesSource: recent listing records
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, residents' lounge, media room, playroomSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $98,184/yr
- Per unit / month range
- $0 – $174
- Modeled exposure split equally across 47 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the inspector (QEWI) identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Recent sales
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| 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 | — |
| 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 to date) cleared a median $3,980/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 0.8% 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; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. 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.
Closed rents at 212 Fifth Avenue, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 2 bedroom | 4 | $17,247 |
5 closed leases, October 2023 to September 2026. Most recent lease July 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at 212 Fifth Avenue and nearby.
At the recent median sale of $10.38M (4 sales in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $586,564 to close, or 5.7% of the price.
- Mansion tax: $337,188
- Mortgage recording tax: $149,789
- Title insurance: $46,688
- Attorneys, lender, building fees, reserves and filings: $52,900
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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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 sets the building apart in a NoMad neighborhood still heavy with co-ops: purchases clear a right-of-first-refusal rather than co-op board admission; confirm financing, LLC or trust ownership and pied-à-terre rules in the declaration and bylaws. 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.
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
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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.
646.939.7375 · c.cohen@compass.com