- Type
- Condominium
- Landmark
- No
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 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.
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 supertalls 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. Full-floor living means private elevator-landing arrival, light on every exposure, and the proportions and ceiling heights that only ground-up supertall construction delivers. 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 supertall altitude and views with a genuinely walkable, amenity-rich neighborhood at street level — a combination the Billionaires' Row towers a mile north cannot match.
Ownership and what buyers should know
As a new condominium, 262 Fifth offers the structural advantages that define the form. Financing is flexible — condominiums do not impose co-op financing caps. There is no board admissions process — purchases clear a condominium right-of-first-refusal rather than a board package and interview. Pied-à-terre, trust, LLC, and investment purchases are customary at condominiums of this caliber, and resale and subletting are materially freer than at a cooperative. For buyers who want a trophy Fifth Avenue home without a co-op board, that combination 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.
Recent sales
Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.
| Date | Unit | Price |
|---|---|---|
| Feb 26, 2015 | — | $17,350,000 |
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00830-0044) 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.
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
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?
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