- Type
- Condominium
- Landmark status
- Not an individual landmark
- The Roebling Team's building profile
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 262 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.
262 Fifth Avenue is a NoMad residential tower — a slender, sculptural tower developed by Five Points Development and designed by the Moscow-founded firm Meganom, its first project in the United States and a New York residential tower by a Russian-led design office. Rising 54 stories on a narrow Fifth Avenue lot between 29th and 30th Streets, it is a genuine rarity: a slender high-rise on the storied lower stretch of Fifth, where almost everything else is prewar loft and commercial stock, and where ultra-luxury new construction has been almost nonexistent.
262 Fifth holds to just 26 residences — full-floor and duplex homes averaging roughly 3,200 square feet, including a quadruplex at the crown. Buyers should assess apartment size, upper-floor views and the full-floor configurations against their needs; the building stands in NoMad, at the edge of Madison Square Park.
For buyers, the appeal is specific and scarce: a brand-new, full-floor high-rise condominium on lower Fifth Avenue, with no co-op board admission, in a building of only two dozen homes.
Architecture and residences
Meganom's design is the building's argument: a slender, minimalist shaft engineered to read as a single sculptural object on the Fifth Avenue skyline rather than a mass of stacked apartments. The slimness of the lot drove a tower of exceptional proportion — one of the most attenuated residential towers in the city — with a restrained, contemporary envelope and full-height glazing that turns the upper floors into 360-degree view platforms over Madison Square Park, the Empire State Building, and the downtown and Midtown skylines.
The 26 residences are predominantly full-floor and duplex homes, averaging roughly 3,200 square feet, with at least one quadruplex among the upper residences. Verify elevator-landing arrangements, exposure and ceiling height against the plan for the particular residence; a full-floor layout alone does not establish those features. The result is trophy-scale inventory designed for the most discerning end of the new-development market.
Lifestyle and location
262 Fifth sits on Fifth Avenue at the heart of NoMad, steps from Madison Square Park, the Flatiron District, and the dense restaurant, hotel, and retail scene that has made the neighborhood one of Manhattan's most dynamic. The R/W at 28th Street, the 6 at 28th, and the broader Midtown South transit grid are within a few blocks, with Eataly, the Flatiron Building, and the park's green spine immediately nearby. For buyers, the setting pairs high-rise altitude and views with a genuinely walkable, amenity-rich neighborhood at street level. Compare the street-level setting and views with those at the Billionaires’ Row towers a mile north.
Ownership and what buyers should know
As a new condominium, 262 Fifth has no co-op board admissions process — purchases run through the condominium's application and right-of-first-refusal rather than a board package and interview. Confirm financing, pied-à-terre, trust, LLC, investment-ownership and leasing rules in the current declaration, bylaws and house rules. For buyers who want a trophy Fifth Avenue home without a co-op board, that is central to the case.
The pricing tier is the top of the market, and it is still delivering. The tower has structurally topped out, with sales underway under a condominium offering plan accepted for filing by the New York State Attorney General. Closing mechanics, common-charge and tax projections, and finish selections follow that plan and the construction timeline; we help buyers read the plan, benchmark the pricing, and structure the deal.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 262 Fifth Avenue and nearby.
Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re selling
Architecture and configuration are the marketing core. Describe the 54-story tower on lower Fifth Avenue, its 26 full-floor and duplex homes and its international design office. Assess competing supply from current listings and development records.
Benchmark to the trophy and supertall set, not the NoMad loft stock. Comparable analysis for a resale belongs against the city's newest full-floor luxury condominiums and the broader supertall tier, adjusted for floor, view, and outdoor space — not the prewar conversions nearby.
Closing mechanics are condominium-standard. A resale clears through a right-of-first-refusal rather than a co-op board process.
Check sponsor inventory and early resales together. With 26 residences and initial closings under way, compare current sponsor offerings, resale listings and recorded closings before judging available supply or pricing.
Comparable buildings
If you're considering 262 Fifth Avenue, also evaluate nearby NoMad and Flatiron luxury inventory:
- 284 Fifth Avenue — NoMad condominium nearby
- 212 West 18th Street — Flatiron-edge luxury condominium
- 141 Fifth Avenue — Flatiron condominium
- 15 Union Square West — Union Square luxury condominium
- 21 East 26th Street — Madison Square Park building
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 262 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