- Type
- Condominium
- Landmark
- No
262 Fifth Avenue is NoMad's first supertall — 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 New York City's first supertall 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 true supertall 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.
The building is also rare for what it is not. Where most supertalls maximize unit count, 262 Fifth holds to just 26 residences — full-floor and duplex homes averaging roughly 3,200 square feet, including a quadruplex at the crown. That makes it one of the most intimate supertalls in the city, conceived for buyers who want trophy scale, supertall views, and the privacy of a single home per floor, in a neighborhood — NoMad, at the edge of Madison Square Park — that has become one of Manhattan's most sought-after.
For buyers, the appeal is specific and scarce: a brand-new, full-floor supertall condominium on lower Fifth Avenue, with the financing latitude, ownership flexibility, and resale liquidity a condominium provides, in a building of only two dozen homes.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
What to know if you’re selling
Scarcity and architecture are the marketing core. A 54-story supertall on lower Fifth Avenue, with only 26 full-floor and duplex homes and a marquee international design office, is a uniquely differentiated asset — there is no comparable new product on this stretch of Fifth, and that scarcity is durable.
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, with predictable condominium timelines — a faster, more flexible path that is itself a selling point to the international and trophy buyer this building attracts.
Early resales trade on scarcity. With only 26 residences and the first owners just taking title, available inventory will be exceptionally thin; a well-positioned resale benefits from the building's debut pricing and the absence of comparable new supply on lower Fifth.
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
The Roebling Team at 262 Fifth Avenue
The Roebling Team at Compass specializes in Flatiron and NoMad, Fifth Avenue, and the broader new-construction and supertall condominium market. We publish this profile because buyers and sellers evaluating trophy new construction deserve building-specific intelligence — the design, the ownership structure, the scarcity, and where the pricing sits against the supertall set.
If you're considering a purchase at 262 Fifth Avenue, a 30-minute consultation is the right starting point — we'll walk the plan, the pricing, and the comparison set with you.
Get the full picture on this building.
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