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
- $1,672
- Listing discount
- 0.2%
- Recorded sales
- 104
- On record
- 2013–2026
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.
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
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →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.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2015–20 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 record last verified September 2026.
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. 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 |
|---|---|---|---|---|---|
| Jul 22, 2026 | 10B | 3 BR · 2.5 BA · 1,368 sf | $2,180,000 | $1,594/sf | -14.8% |
| 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% |
Market read. Most recent trades (2026) cleared a median $1,672/sf across 4 sales. Median listing discount 0.2% 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.
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 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.