One of the most talked-about new development Manhattan has produced in recent years is rising right now in NoMad. Located at 262 Fifth Avenue, New York, NY 10001, at the southwest corner of Fifth Avenue and West 29th Street, this 860-foot residential tower designed by Meganom and developed by Five Points Development is unlike anything else under construction in the neighborhood. As a licensed real estate salesperson serving buyers, investors, and renters across Manhattan, including Chelsea, the West Village, Gramercy, Tribeca, SoHo, Hell's Kitchen, and the Upper West Side, I am breaking down everything you need to know about this striking new addition to NoMad's skyline.
Building Overview
262 Fifth Avenue is a 52-story residential skyscraper that will stand 860 feet tall upon completion, making it the tallest residential tower on Fifth Avenue. The building was designed by Meganom, the Moscow-founded, internationally active architecture firm known for its sculptural and technically ambitious designs, with SLCE Architects serving as executive architect of record. Five Points Development, led by Boris Kuzinez, is the developer behind the project.
What makes 262 Fifth Avenue immediately distinctive is its extraordinary exclusivity. Across 52 stories and 860 feet of height, the building will yield just 26 residences, with an average size of 3,200 square feet per home. These are full-floor and duplex condominiums, meaning nearly every buyer gets an entire floor to themselves. At least one quadruplex unit is also planned, spanning four continuous levels. The result is one of the lowest unit-to-height ratios of any residential tower in New York City, delivering an unprecedented level of privacy and sky exposure for each home.
The exterior of the building is a study in contrast: a reflective glass curtain wall forms the main envelope, while black photovoltaic paneling wraps the building's concrete core, creating a graphic visual contrast between the two surfaces. At the crown, concave gold paneling frames the private penthouse terrace and its outdoor infinity pool, which glows against the sky at dusk. A cantilevering half-moon entrance canopy is taking shape at street level, offering a dramatic and distinctive arrival experience on Fifth Avenue.
Sales are led by Nikki Field and Ben Pofcher of The Field Team at Sotheby's International Realty, working in partnership with The Sotheby's International Realty Development Advisors.
Address and Neighborhood Context
262 Fifth Avenue sits in NoMad, the neighborhood north of Madison Square Park that has emerged over the past decade as one of Manhattan's most dynamic residential and hospitality destinations. The address places residents steps from Madison Square Park, the Flatiron Building, the boutique hotels and restaurants lining Fifth Avenue and Broadway, and some of the city's best retail along both avenues.
For buyers comparing new condo NoMad NYC options, 262 Fifth Avenue occupies a genuinely rare position. NoMad has relatively few purpose-built luxury residential towers of this caliber, and the combination of a Fifth Avenue address, full-floor layouts, and Empire State Building views to the north sets this building apart from everything else in the neighborhood. The nearest subway access is the R and W trains at the 28th Street station on Broadway, placing Midtown, the West Village, and Lower Manhattan all within easy reach.
Developer and Architect
262 Fifth Avenue is developed by Five Points Development, led by Boris Kuzinez. Architecture is by Meganom, the internationally recognized design firm, with SLCE Architects handling executive architecture. The building received approval from the New York Attorney General's office to begin sales in December 2024, marking a significant milestone after years of planning and construction.
Number of Units and Price Range
262 Fifth Avenue contains just 26 residences, making it one of the most exclusive new construction NYC buildings by unit count relative to its height and floor area.
Pricing reflects the building's ultra-luxury positioning:
Full-floor simplex units start at approximately $7.5 million, with a 2,200-square-foot simplex priced at $9.15 million among the first units marketed
Mezzanine residences have been listed starting at approximately $8.75 million
Duplex units begin at approximately $18 million, with a 2,859-square-foot duplex on the 60th floor priced at $23.25 million
Given the average unit size of 3,200 square feet and the full-floor configuration of most homes, buyers interested in 262 Fifth Avenue condos for sale are getting substantially more space per transaction than most Midtown luxury towers offer at comparable price points. Buyers should work with an agent who can track current pricing and availability as additional units are released to market ahead of the December 2026 completion.
Amenities
262 Fifth Avenue was designed with an intimate amenity program befitting a 26-unit building of this scale.
Outdoor Spaces
A private rooftop infinity pool with panoramic views of Midtown and Lower Manhattan
A private penthouse terrace framed in concave gold paneling at the building's crown
A midpoint open-air communal loggia at the building's midsection, lined with glass railings on the north and south ends for unobstructed skyline views, and clad in reflective aluminum paneling on the side walls and ceiling
Wellness and Fitness
A fitness suite with high-end equipment (full amenity list to be announced)
Residence Features
Column-free floor plans throughout all units
Floor-to-ceiling windows framing panoramas of Lower Manhattan to the south and the Empire State Building to the north
Extensive wood paneling throughout interiors
Spiral staircases in duplex units
Porthole windows on the eastern elevation as a distinctive architectural feature
Why a Buyer Should Consider 262 Fifth Avenue
For buyers and investors evaluating new development Manhattan opportunities, 262 Fifth Avenue offers something genuinely rare: full-floor and duplex living in a 52-story tower, at a price point that starts in the single-digit millions rather than the tens of millions typical of Billionaires' Row supertalls further north. That combination of height, privacy, and relative accessibility makes this one of the more compelling luxury apartments Manhattan has introduced in the NoMad and Midtown South corridor in recent years.
The building's full-floor configurations also eliminate the typical luxury condo compromise of shared elevator landings and adjacent neighbors on the same level. Every buyer at 262 Fifth Avenue steps off the elevator into their own private entrance, with views in multiple directions from their exclusive floor plate. The spiral staircases in duplex units and the porthole windows on the eastern elevation add genuine character and individuality, setting these homes apart from the more generic all-glass tower layouts common in new construction NYC.
The completion timeline of December 2026 also means that buyers who move quickly can secure a home that will be delivered within months, rather than years, a meaningful advantage for those who want to move into a brand new building without an extended wait.
Frequently Asked Questions
Where is 262 Fifth Avenue located? The building is at 262 Fifth Avenue, New York, NY 10001, at the southwest corner of Fifth Avenue and West 29th Street in NoMad, Manhattan.
Who developed 262 Fifth Avenue? Five Points Development, led by Boris Kuzinez, is the developer, with architecture by Meganom and executive architecture by SLCE Architects.
How tall is 262 Fifth Avenue? The building rises 860 feet across 52 stories, making it the tallest residential tower on Fifth Avenue.
How many units does 262 Fifth Avenue have? The building has just 26 residences, including full-floor simplexes, duplex units, and at least one quadruplex, with an average size of 3,200 square feet per home.
What is the price range at 262 Fifth Avenue? Pricing has started at approximately $7.5 million for full-floor units, with duplexes priced from $18 million and individual units marketed at $9.15 million to $23.25 million among the initial offerings.
What amenities does 262 Fifth Avenue offer? The building features a rooftop infinity pool, a private penthouse terrace, a midpoint communal open-air loggia, and a fitness suite. The full amenity list is expected to be announced closer to completion.
When will 262 Fifth Avenue be completed? Completion is anticipated for December 2026.
Who is handling sales at 262 Fifth Avenue? Sales and marketing are led by Nikki Field and Ben Pofcher of The Field Team at Sotheby's International Realty.
Is 262 Fifth Avenue a good investment? Its ultra-low unit count, full-floor configurations, Fifth Avenue address, and 860-foot height make it one of the most distinctive new construction NYC offerings in NoMad. Buyers should review current pricing, the full amenity program when announced, and closing timelines with an agent before committing.
Work With Michael A. Bhagwandin
If you are exploring new development Manhattan options, including 262 Fifth Avenue or other luxury apartments Manhattan and new condo NYC opportunities in Chelsea, the West Village, Gramercy, Tribeca, SoHo, Hell's Kitchen, or the Upper West Side, I can help you navigate pricing, availability, and the buying process from start to finish.
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