The Stanford (45 East 25th Street)
45 East 25th Street, New York, NY 10010
NoMad
BBL 1008557501 · BIN 1016750
- Year built
- 1986
- Type
- Condominium
- Units
- 120
- Floors
- 42
- Landmark
- No
- Pets
- Pet-friendly; cats and dogs permitted under condominium rules
- Subletting
- Permitted under the condominium declaration
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2004–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,643
- Listing discount
- 2.3%
- Recorded sales
- 91
- On record
- 2004–2026
The Stanford is the for-sale condominium tower that anchors the eastern edge of Madison Square North — a slender forty-two-story building rising directly beside one of the city's great civic landmarks, the Beaux-Arts Appellate Division Courthouse. Completed in 1986 as ground-up new construction by developer Arun Bhatia, it occupies land the city had assembled in the 1970s for a never-funded courthouse expansion and then auctioned. The site's history is part of the building's logic: Liebman Liebman Associates set the tower back roughly thirty feet from the courthouse to earn a height bonus and to give the landmark room to breathe, and clad the base in limestone to relate to its distinguished neighbor.
For buyers, the appeal is straightforward and increasingly scarce in this part of Manhattan: a full-service condominium, with real amenities and condominium flexibility, in a tower whose height delivers light and open views over the low-rise blocks of NoMad and Madison Square. The building sits a short walk from Madison Square Park, Eataly, the NoMad and Flatiron restaurant corridors, and the 23rd Street transit lines, in a neighborhood that has transformed over the building's lifetime from a quiet wholesale district into one of the city's most dynamic dining and hotel destinations. The Stanford's residents bought into that trajectory early.
The building is unapologetically a product of the 1980s — its rounded corners and curved balconies are pure late-modernist Manhattan — and it trades on what condominiums do best: flexible ownership, financing at the buyer's discretion, and a simpler resale process than the cooperatives that dominate the surrounding side streets. For a buyer who wants altitude, service, and condominium freedom in the Madison Square orbit, The Stanford is a practical, well-located answer.
Architecture and unit composition
Liebman Liebman Associates designed The Stanford as a slender late-modernist high-rise: a tall, narrow shaft with rounded corners, curved balconies, and a limestone base that nods to the Appellate Division Courthouse next door. The thirty-foot setback from the landmark earned the tower additional height, which is the building's defining residential advantage — upper floors gain long, open exposures over the surrounding low-rise district, with Madison Square Park and skyline views from the highest residences.
The roughly 120 apartments range from studios and one-bedrooms in the low-seven-figure range to larger two- and three-bedroom layouts, topped by two duplex penthouses — one with a wraparound terrace and open park and skyline views. Lower floors are commercial; the residences begin above. Layouts are efficient 1980s plans with the height and light that the tower's slender massing provides.
Building operations
The Stanford is a full-service condominium: a 24-hour doorman, concierge, a live-in superintendent, a fitness center, a landscaped courtyard, a rooftop terrace, a children's playroom, per-floor laundry, and bicycle and private storage, with central air throughout. As a condominium, the building offers the flexibility cooperatives cannot — financing at the buyer's discretion, permitted subletting, pieds-à-terre, and investment ownership, typically subject to the condominium's right of first refusal. Pets are permitted: cats and dogs are allowed. The building is not landmarked and is not within the Madison Square North Historic District, so it carries no Landmarks restriction on exterior work; its landmark neighbor, the courthouse, is individually designated.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $30,298/yr
- Per unit / month range
- $0 – $21
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.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Recent sales
Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Mar 23, 2026 | 37A | 1 BR · 1 BA · 650 sf | $1,200,000 | $1,846/sf | +6.7% |
| Feb 13, 2026 | 27C | 2 BR · 2 BA · 1,100 sf | $1,925,000 | $1,750/sf | -3.8% |
| Dec 12, 2025 | 11C | 1 BR · 1 BA · 650 sf | $1,035,000 | $1,592/sf | -14.8% |
| Jun 18, 2025 | 9C | 1 BR · 1 BA · 656 sf | $990,000 | $1,509/sf | -9.6% |
| Sep 6, 2024 | 35B | 2 BR · 2 BA · 1,052 sf | $1,800,000 | $1,711/sf | -1.9% |
| May 6, 2024 | 17B | 1 BR · 1 BA · 750 sf | $1,260,000 | $1,680/sf | +0.8% |
| Feb 29, 2024 | 32A | 1 BR · 1 BA · 650 sf | $1,125,000 | $1,731/sf | -19.6% |
| Sep 6, 2023 | 18B | 1 BR · 1 BA · 750 sf | $1,135,000 | $1,513/sf | -5.4% |
Market read. Most recent trades (2026) cleared a median $1,643/sf across 2 sales. Median listing discount 2.3% 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 1-00855-7501) 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
Height and light are the draw. The tower's slender massing and forty-two-story height deliver open exposures and views over a largely low-rise district. Prioritize upper floors and southern or western exposures for the best light and Madison Square sight lines.
Condominium flexibility is the structural advantage. No co-op board interview, financing at your discretion, and permitted subletting, pied-à-terre, and investment use under the declaration. For buyers who want flexibility in a neighborhood dominated by co-ops, The Stanford is a natural fit.
The amenity package is genuine. A 24-hour doorman, fitness center, courtyard, roof terrace, and playroom give the building real full-service infrastructure. Confirm current common charges against the amenity set when underwriting.
Location is the long-term thesis. Steps from Madison Square Park, Eataly, and the NoMad/Flatiron dining corridor, with 23rd Street transit close by. The neighborhood's transformation over the building's life has been dramatic and continues.
Price on per-square-foot and outdoor space. As a condo, value is driven by sqft, floor, exposure, and terrace. Compare carefully within the building and against nearby condominiums.
What to know if you’re selling
Lead with altitude, light, and flexibility. The building's height, views, full-service amenities, and condominium flexibility are the core selling points — particularly to buyers frustrated by co-op restrictions nearby.
Position the exposure precisely. Within a 120-unit tower, the specific floor, exposure, and any terrace are what separate one apartment's price from another's. Make the unit's advantages explicit.
Reach a flexible-buyer pool. The natural audience includes buyers who specifically want a condominium — financing purchasers, pied-à-terre buyers, and investors where permitted. Marketing should reach all of them.
Closings are condo-fast. Expect roughly 30–45 days from contract to closing, without cooperative board timeline risk.
Comparable buildings
If you're considering The Stanford, also evaluate these nearby Gramercy/Flatiron-area buildings:
- Madison Square Park Tower at 45 East 22nd Street — modern luxury condominium near Madison Square Park
- 21 East 22nd Street — Flatiron loft cooperative nearby
- 150 East 23rd Street (Celeste Gramercy) — newer Gramercy condominium
- 245 East 25th Street (Spruce Ridge House) — full-service building nearby
- 230 East 20th Street (The Modern at Gramercy Square) — new-construction Gramercy condominium
- 1 Lexington Avenue — Gramercy Park prewar co-op with the key
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Gramercy — read The Roebling Team Guide to Gramercy.
Considering a move at The Stanford?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Stanford 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.