241 Fifth Avenue
241 Fifth Avenue, New York, NY 10016
NoMad
BBL 1008577502 · BIN 1016884
- Year built
- 2012
- Type
- Condominium
Every recorded sale at this building, 2013–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,689
- Listing discount
- 0.1%
- Recorded sales
- 103
- On record
- 2013–2026
241 Fifth is one of the buildings that announced NoMad's arrival as a residential address. Completed in 2012 to a design by ODA Architecture, the twenty-story condominium sits a single block from Madison Square Park on the corner of Fifth Avenue and East 28th Street — a position that pairs a true Fifth Avenue address with the loft-scaled, restaurant-rich character that has made the blocks north of the park one of Manhattan's most desirable submarkets. ODA's design gave the building a distinctive contemporary presence and an interior program of loft-like, light-filled homes.
For buyers, the appeal is a modern, full-amenity condominium on Fifth Avenue, a block from the park, with floor-to-ceiling light and condominium ownership — financing flexibility and no co-op admissions board — in a neighborhood that has only grown in value since the building's debut.
Architecture and unit composition
The building is crisply contemporary, organized around floor-to-ceiling windows that pull in light and frame the surrounding NoMad streetscape. The 46 residences carry the open, loft-like layouts the neighborhood's buyers expect, finished to a high specification: wire-brushed white oak floors, open kitchens with top-of-line appliances, multi-zoned central air, and generous storage. Upper-floor and outdoor-space homes carry the building's premiums, with the corner exposures capturing the strongest light and views toward the park and downtown.
Building operations
241 Fifth runs as a full-service condominium with a full-time concierge and an attended lobby. The amenity program is genuinely broad for a building of its size: a rooftop terrace with panoramic views, a resident's lounge, a fitness center that includes a yoga and Pilates studio and a private treatment room, a dog-washing room, bike storage, a package room, and laundry facilities. Washer/dryers are permitted in residence and the building is pet-friendly. As a condominium, financing is flexible and purchases clear through a right-of-first-refusal rather than a co-op board package and interview.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $19,653/yr
- Per unit / month range
- $0 – $36
Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
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 →Management & transfer contacts
- Notable fees
- Application fee $700 ($750 without a broker); background report $125/applicant (+$75 criminal if Board requires); corporate lease fee 25% of annual common charges billed monthly (eff 2/1/2025); move-in fee $500; move-in/electric/move-out deposits $1,500 each
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 |
|---|---|---|---|---|---|
| Jun 10, 2026 | 16B | 2 BR · 1,228 sf | $2,275,000 | $1,853/sf | -5.0% |
| Jun 8, 2026 | 12C | 1 BR · 1 BA · 593 sf | $1,030,000 | $1,737/sf | -5.9% |
| Jan 22, 2026 | 3C | 2 BR · 2.5 BA · 1,340 sf | $2,200,000 | $1,642/sf | -4.3% |
| Dec 10, 2025 | 5C | 1 BR · 1 BA · 646 sf | $1,125,000 | $1,741/sf | -2.2% |
| Dec 2, 2025 | 12A | 2 BR · 2 BA · 991 sf | $2,000,000 | $2,018/sf | -11.1% |
| Sep 24, 2025 | 18B | 2 BR · 2 BA · 1,228 sf | $2,400,000 | $1,954/sf | -19.3% |
| Jul 18, 2025 | 5A | 1 BR · 1 BA · 566 sf | $1,010,000 | $1,784/sf | -8.2% |
| Apr 7, 2025 | 8B | 3 BR · 3.5 BA · 1,722 sf | $2,850,000 | $1,655/sf | -4.7% |
Market read. Most recent trades (2026) cleared a median $1,689/sf across 3 sales. Median listing discount 0.1% 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 1-00857-7502) 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
As a condominium, the purchase path is the lighter one — a right-of-first-refusal in place of a co-op board, flexible financing, and the customary openness to pied-à-terre, trust, LLC, and investment ownership. Subletting is freer than at a NoMad co-op. Value here is driven by the home — exposure, floor, light, outdoor space — layered on the building-level draws of the broad amenity program and the Fifth Avenue, park-block location. We help buyers read the offering plan and financials, weigh common charges and taxes, and benchmark a given line against the NoMad and Flatiron condominium set.
What to know if you’re selling
The selling case is location and design: an ODA-designed contemporary condominium with a deep amenity package, on Fifth Avenue one block from Madison Square Park. Floor-to-ceiling light, a true full-amenity program, and a park-block address differentiate a listing from the older and thinner-amenity stock nearby, and they appeal to the design- and lifestyle-driven buyer NoMad attracts. Closing mechanics are condominium-standard — a right-of-first-refusal and a faster, more predictable timeline than a co-op process. With turnover light, a well-positioned home benefits from scarcity within the building; pricing belongs against the NoMad and Flatiron condominium set.
Comparable buildings
If you're considering 241 Fifth, also evaluate nearby NoMad and Flatiron condominium inventory:
- 212 Fifth Avenue — pre-war tower condominium on Madison Square Park
- 225 Fifth Avenue — full-service condominium facing the park
- 262 Fifth Avenue — NoMad condominium nearby
- 284 Fifth Avenue — NoMad condominium to the north
- 108 Fifth Avenue — Flatiron condominium to the south
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Flatiron — read The Roebling Team Guide to Flatiron.
Considering a move at 241 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 241 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.