262 Fifth Avenue NoMad tower lists $20M duplex, Five Points sells
Five Points Development has listed a $20M, 4,406 sq ft duplex on floors 30 and 31 of its 26-residence condominium tower at 262 Fifth Avenue in NoMad, Manhattan.
Five Points Development is asking $20M for a three-bedroom duplex at 262 Fifth Avenue in NoMad (Manhattan), the first public price tag above $15M at its condominium tower. Apt 17 spans floors 30 and 31, covers 4,406 sq ft and carries 3.5 baths, according to the listing, which is held by Sotheby’s International Realty.
Why it matters
The ask works out to about $4,539 per sq ft, a figure we calculated from the listed price and area. CityRealty shows the building at 26 residences, so every unit is a large, low-count sale rather than a volume release. For a sponsor, that means each closing moves the basis for the next one, and the top line sits well above the only other listing we found at the tower: CityRealty shows Apt 6 at $14.6M and marked in contract.
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Brokers who work Flatiron and NoMad now have a $20M comparable for full-floor-scale product on a block that, until now, had few new-construction condo asks at that level.
The numbers
- Asking price: $20M for Apt 17, a 3-bedroom, 3.5-bath duplex.
- Area: 4,406 sq ft across floors 30 and 31, connected by an interior oak staircase per the listing.
- Building: 26 residences, with the listing page citing 52 floors and the building details citing 54. We have not reconciled the two.
- Sponsor: Five Points 262 Project LLC is named on the listing; the developer brand is Five Points Development.
- Status: CityRealty dates the Apt 17 listing to October 15, 2026, and lists the building year as 2026. Other brokerage pages give 2027.
We attempted to pull the sponsor’s land purchase and construction loan from the live City Register (ACRIS) for this story, and the lookup returned an access error, so no recorded figures appear here.
What’s next
The test is how quickly Apt 17 trades relative to Apt 6, which is already in contract at a much lower ask. If the $20M unit sits, expect pricing pressure on the remaining upper-floor residences. Developers and contractors tracking the tower should watch for a temporary certificate of occupancy and the first recorded closings, which would show true sale prices against asks. For the wider pipeline, see our New York market coverage.
Quick answers
- What is the latest on Five Points Development in New York?
- Five Points Development has listed a $20M, 4,406 sq ft duplex on floors 30 and 31 of its 26-residence condominium tower at 262 Fifth Avenue in NoMad, Manhattan.
- What are the key numbers for Five Points Development?
- asking price: $20M; duplex size: 4,406 sq ft; per sq ft: $4,539; residences: 26.
- Where does the information on Five Points Development come from?
- The story cites Nest Seekers, 262 Fifth Avenue Apt 17 listing and CityRealty, 262 Fifth Avenue building page.
On the record
Apt 17 is a 3-bedroom, 3.5-bath duplex of 4,406 sq ft across floors 30 and 31, asking $20M, which works out to about $4,539 per sq ft; the sponsor named on the listing is Five Points 262 Project LLC
Public record · nestseekers.com
Also reported by
- Nest Seekers, 262 Fifth Avenue Apt 17 listing262 Fifth Avenue Apt 17, $20,000,000, courtesy of Sotheby's International Realty
- CityRealty, 262 Fifth Avenue building page262 Fifth Avenue: 26 residences, Five Points Development