241 Fifth Avenue
241 Fifth Avenue, New York, NY 10016
BBL 1008577502 · BIN 1016884
- Year built
- 2012
- Type
- Condominium
- Landmark status
- Not an individual landmark; in the Madison Square North Historic District
- NYC Landmarks Preservation Commission records, updated February 2026
- Dogs
- Permitted with conditions
- Cats
- Not stated
- Washer/dryer
- Permitted
- Doorman
- Full-time doorman
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, 2026 to date
- $1,688
- floor-adjusted, 4 sales
- Listing discount
- 1.1%
- Recorded sales
- 84
- 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. Designed by ODA Architecture and delivered in 2013–14 — the first temporary certificate of occupancy issued in August 2013 and the final certificate in October 2014 — the twenty-story condominium sits on Fifth Avenue near Madison Square Park — 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.
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, purchases clear through a right-of-first-refusal rather than a co-op board interview; confirm financing rules in the declaration and bylaws.
Application and transaction fees
Fees below are from building management's published schedule, as of September 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
8 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Background Report FeeConditional · Per applicant | Paid by Buyer | When With the application | Amount $125 per applicant (additional $75 for criminal check if required by the Board) | Refundable Not stated |
| Move In Fee | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
| Application Fee | Paid by Seller | When With the application | Amount $700 ($750 Without A Broker) | Refundable Not stated |
| Move Out Fee | Paid by Seller | When With the application | Amount $500 | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move In Deposit | Paid by Buyer | When With the application | Amount $1,500 | Refundable Refundable |
| Post Closing Documents Deposit | Paid by Buyer | When With the application | Amount $500 | Refundable Refundable |
| Electric Deposit | Paid by Seller | When With the application | Amount $1,500 | Refundable Refundable |
| Move Out Deposit | Paid by Seller | When With the application | Amount $1,500 | Refundable Refundable |
Rental or lease
9 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Fee | Paid by Landlord | When With the application | Amount $700 ($750 Without A Broker) | Refundable Not stated |
| Background Report FeeConditional · Per applicant | Paid by Landlord | When With the application | Amount $125 per applicant (additional $75 for criminal check if required by the Board) | Refundable Not stated |
| Move out Fee | Paid by Landlord | When With the application | Amount $500 | Refundable Not stated |
| Move in Fee | Paid by Tenant | When With the application | Amount $500 | Refundable Not stated |
| Corporate Lease FeeRecurring | Paid by Landlord | When Upon approval | Amount 25% of the Annual Common Charges to be billed monthly (effective 2/1/2025) | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Out Deposit | Paid by Landlord | When With the application | Amount $1,500 | Refundable Refundable |
| Move In Deposit | Paid by Tenant | When With the application | Amount $1,500 | Refundable Refundable |
Lease renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Corporate Lease Fee | Paid by Landlord | When With the application | Amount $2,000 | Refundable Not stated |
| Processing Fee | Paid by Landlord | When With the application | Amount $300 | Refundable Not stated |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Pets and in-unit washer/dryer
- Dogs
- Permitted with conditionsThe 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.…Source: The Roebling Team's building profile
- Cats
- Not statedThe source permits pets without naming cats. 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.…Source: The Roebling Team's building profile
- In-unit washer/dryer
- PermittedSource: The Roebling Team's building profile
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $1,224 per room a monthMedian of 11 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $3.81 per square foot a monthMedian of 11 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $1.95 per square foot a monthMedian of 19 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $1.82 per square foot a monthMedian of 19 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: recent listing records
- Concierge
- YesSource: recent listing records
- Attended lobby
- YesSource: The Roebling Team's building profile
- Package room
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, spa, residents' lounge, roof deck, bike storage, laundry roomSource: 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
- $33,340/yr
- Per unit / month range
- $0 – $60
- Modeled exposure split equally across 46 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 FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
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 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 data last refreshed October 2026.
Management & transfer contacts
- Policies and 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, 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 |
|---|---|---|---|---|---|
| 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 to date) cleared a median $1,688/sf (floor-adjusted) across 4 sales. 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 1.1% 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; 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 241 Fifth Avenue, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 2 bedroom | 5 | $9,300 |
| 3 bedroom | 2 | $13,050 |
8 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 241 Fifth Avenue and nearby.
At the recent median sale of $2.18M (9 sales in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $91,932 to close, or 4.2% of the price.
- Mansion tax: $27,250
- Mortgage recording tax: $31,474
- Title insurance: $9,810
- Attorneys, lender, building fees, reserves and filings: $23,398
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
As a condominium, the purchase path is the lighter one — a right-of-first-refusal in place of a co-op board. Confirm financing, subletting, and pied-à-terre, trust, LLC and investment ownership rules in the declaration and bylaws. 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. Closing mechanics are condominium-standard — a right-of-first-refusal rather than a co-op board interview. Check dated resale counts and current competing listings before describing supply as scarce; price against matched NoMad and Flatiron condominium sales.
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
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.
646.939.7375 · c.cohen@compass.com