241 Fifth Avenue
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241 Fifth Avenue

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October 21, 2016

Nomad real estate prices nearly double in five years as record-breaking listing hits the market

Prices in Nomad shot up a whopping 43 percent over the past five years, according to a new index from CityRealty, a marked increase that the developers of 212 Fifth Avenue may have been aware of when they put a $68.5 million price tag on their building’s triplex. If the sprawling apartment sells for anywhere near its asking price, it will set a record as the most expensive sale in the neighborhood, where other new developments have already raised the ceiling on the area’s sale records.
More Nomad data ahead
May 8, 2014

NoMad Penthouse with Panoramic Views Sells for $8 Million

Two blocks north of Madison Square Park in Manhattan's increasingly trendy NoMad (north of Madison Square, if you're not up on your neighborhood acronyms) neighborhood is 241 Fifth Avenue, a 20-story boutique residential glass tower. Part of the Madison Avenue North Historic District, the building was designed by Perkins Eastman Architects and received landmarks approval in 2007. It was completed in 2013, and according to public records, its penthouse unit just sold for $8 million. Core originally held the listing at $9.75 million.
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