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10 Madison Square West, 5 West 24th Street, #16D

$13,000,000 ($3,929 per ft2) -8.8% | 4 beds, 5 baths | Approx. 3,309 ft2
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311 days on Market

Key Details

  • Listed: Jun 21, 2023
    Last Price Change: -3.7% ($500,000) on Apr 16
    Days on Market: 311
    Building Type: Condominium
    Neighborhood: Flatiron/Union Square (Manhattan)
    Doorman: FT Doorman
    Listing viewed 218 times
Monthly Common Charges: $4,622
Monthly Real Estate Taxes: $6,970
Total Taxes & Fees: $11,592 ($3.50/ft2)
Est. Monthly Mortgage: $71,795
Total Est. Monthly Carrying Cost: $83,387 ($25.20/ft2)
Note: the above is based on a down payment of 20% ($2,600,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This luxurious loft-like corner home is situated in the prestigious Flatiron/Union Square neighborhood, offering spectacular views of Madison Square Park and the iconic Flatiron Building.
  • Spacious and Elegant Design: The property boasts a spacious 3,309 square foot, 4-bedroom, 4.5-bathroom layout, designed by renowned architects William Van Alen and Alan Wanzenberg. High-end finishes include Venetian plaster, Bianco Carrera marble, and Carrara marble walls.
  • Gourmet Kitchen and Lavish Primary Suite: The home features a chef’s kitchen equipped with top-of-the-line appliances by Sub-Zero, Wolf and Miele, and a primary suite with park views, 3 large custom-designed walk-in closets, and a lavish primary bath.
  • Extensive Amenities: Residents enjoy access to a full-time Doorman, Concierge, Porter, on-site Resident Manager, and a 10,000 square foot Residents’ Club. Amenities include a Fitness Center, 60 foot lap pool and hot tub, Yoga, Pilates and high energy studios, spa treatment room, locker rooms with private steam rooms and saunas, a Children’s Playroom, bike storage and a Courtyard Garden.
  • Convenient Location: The building is in close proximity to several subway lines and shopping options, making it a convenient location for residents.
  • Additional Building Features: The building, redeveloped by The Witkoff Group and Vector Group Ltd, offers an attended lobby, resident storage, health club, pool, elevator, event room, children's playroom, lounge, fitness center, courtyard, live-in superintendent and bicycle room.

Description

Enjoy spectacular protected views of Madison Square Park and the Flatiron Building from an impeccably crafted 3,309 square foot, 4-bedroom, 4.5-bathroom loft-like corner home. Apartment 16D is enviably sited high atop the prestigious 2016 residential conversion of the 1915 limestone and brick landmark designed by William Van Alen, of Chrysler Building fame. The thoughtful floor plan was conceived by noted American architect and designer, Alan Wanzenberg.

There has been no other park-facing unit of this size available for resale on the top 6 floors of 10 Madison Square West. An Entry Gallery and Hallway finished in Venetian plaster lead to the expansive corner Great Room (37’3 by 22’9), distinguished by stunning views of Madison Square Park and the surrounding iconic limestone buildings. The adjacent Chef’s Kitchen is well-appointed with classic white SieMatic cabinetry, Bianco Carrera marble, top-of-the-line appliances by Sub-Zero, Wolf and Miele and features a windowed Dining Area and a Breakfast Bar. The Primary Suite is comprised of a sumptuous Bedroom overlooking the park, 3 large custom-designed walk-in closets, and a lavish Primary Bath which includes a double vanity, soaking tub, and separate stall shower and is finished with Carrara marble walls, radiant heated floors and Dornbracht fixtures.

Each of the 3 generously proportioned secondary Bedrooms look out onto sunny southern skies and feature en suite bathrooms and generous closets; the fourth also includes a walk-in closet. A Powder Room and Utility Closet with a side-by-side washer and vented dryer complete this exceptional home. All the state-of-the-art windows have been fitted with custom electronic window treatments.

Services include a full-time Doorman, Concierge, Porter and an on-site Resident Manager. Amenities include a 10,000 square foot Residents’ Club with a Fitness Center managed by The Wright Fit, a 60 foot lap pool and hot tub, Yoga, Pilates and high energy studios, with a spa treatment room, locker rooms with private steam rooms and saunas, a Children’s Playroom, bike storage and a second floor Courtyard Garden designed by award-winning landscape architects, Matthews Nielsen.

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Listing Agent (Seller's Representative)

Listing courtesy of Sothebys International Realty

Pricing History

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About 10 Madison Square West, 5 West 24th Street

85

10 Madison Square West, 5 West 24th Street has received a CityRealty Rating of 85, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

27
Out of 44
+
30
Out of 36
+
19
Out of 39
+
9
=
85
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Free Standing 2 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
A Lot 0 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes, with Swimming Pool 2 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Conversion Year: 2015
  • Attended Lobby
  • Concierge
  • FT Doorman
  • Pre War
  • Resident Storage
  • Health Club
  • Pool
  • Elevator
  • Event Room
  • Children's Playroom
  • Lounge
  • Fitness Center
  • Courtyard

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Pros
  • Concierge
  • Private storage
  • Entrance marquee
  • Courtyard garden
  • Bicycle room
  • Live-in superintendent
  • Health club with pool
  • Doorman
  • Close to Subway
Cons
  • No roof deck
  • No balconies
  • Many apartments
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Subways

  1. N
  2. R
at Broadway 0.10 miles
  1. F
  2. M
at 6th Ave 0.17 miles
  1. 6
at Park Ave 0.25 miles
  1. 1
at 7th Ave 0.33 miles
  1. 2
  2. 3
  3. L
at 6th Ave and 16th 0.46 miles
  1. B
  2. D
  3. Q
at 6th Ave 0.48 miles
  1. 4
  2. 5
at Broadway and 16th 0.49 miles
  1. C
  2. E
at 8th Ave and 25th 0.49 miles

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