Market Overview for May, 2026
Median Sale Price
16.6% YoY
Median Price/Sqft
-5.9% YoY
No. of Transactions
20.8% YoY
Manhattan Median Sale Price
5% YoY
What is the median sale price and median price per sq ft in Flatiron District?
As of May, the median home sale price in Flatiron District was $1.6M, up 16.6% year-over-year.
A total of 29 properties traded, representing a 20.8% year-over-year increase.
The median price per square foot in May was $1,526, a -5.9% YoY change.
The median home sale price in Manhattan was $1.3M.
Top most expensive neighborhoods in Manhattan
Flatiron District median price compared with other neighborhoods in Manhattan
Flatiron District property values are on the higher-end for neighborhoods in Manhattan .
Flatiron District median price compared with all the neighborhoods in Manhattan
| Neighborhood | Borough | Median Sale Price |
|---|---|---|
| NoHo | Manhattan | $4,075,000 |
| TriBeCa | Manhattan | $3,750,000 |
| SoHo | Manhattan | $2,500,000 |
| Civic Center | Manhattan | $2,425,000 |
| Hudson Square | Manhattan | $2,067,500 |
| Two Bridges | Manhattan | $1,938,675 |
| Central Park South | Manhattan | $1,740,000 |
| Chelsea | Manhattan | $1,740,000 |
| Flatiron District | Manhattan | $1,612,000 |
| Carnegie Hill | Manhattan | $1,600,000 |
| Greenwich Village | Manhattan | $1,560,000 |
| Central Midtown | Manhattan | $1,527,500 |
| Upper West Side | Manhattan | $1,520,000 |
| Gramercy Park | Manhattan | $1,275,000 |
| Lincoln Square | Manhattan | $1,258,398 |
| Lenox Hill | Manhattan | $1,237,500 |
| NoMad | Manhattan | $1,227,500 |
| Manhattan Valley | Manhattan | $1,205,555 |
| West Village | Manhattan | $1,187,500 |
| Financial District | Manhattan | $1,130,000 |
| Clinton - Hell's Kitchen | Manhattan | $1,125,750 |
| Theatre District - Times Square | Manhattan | $1,125,000 |
| Garment District | Manhattan | $1,120,075 |
| Yorkville | Manhattan | $1,068,398 |
| Battery Park City | Manhattan | $1,062,750 |
| Turtle Bay | Manhattan | $1,035,000 |
| Roosevelt Island | Manhattan | $980,679 |
| Lower East Side | Manhattan | $945,000 |
| East Harlem | Manhattan | $850,000 |
| East Village | Manhattan | $850,000 |
| Sutton Place | Manhattan | $847,500 |
| Murray Hill | Manhattan | $845,000 |
| Kips Bay | Manhattan | $800,000 |
| Morningside Heights | Manhattan | $775,000 |
| Tudor City | Manhattan | $607,500 |
| Inwood | Manhattan | $560,000 |
| Harlem | Manhattan | $517,000 |
| Washington Heights | Manhattan | $480,000 |
Residential Properties Sold in Flatiron District
| Property Type | Median sale price | Y-o-Y | Median sale price/sqft | Y-o-Y | Transactions |
| Condos | $2.2M | -15.9% | $1K | -0.7% | 16 |
| Coops | $919K | 13.2% | $1K | 17.9% | 13 |
| Houses | - | - | - | - | 0 |
The median condo price in Flatiron District in May was $2.2M, down 15.9% year-over-year. Median coop sale price in Flatiron District were $919K, a change of 13.2% year-over-year. There was no statistically significant data for median house sale price activity for the period of May in Flatiron District.
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Flatiron District Neighborhood Guide
Though it's located at a supremely busy crossroads, the Flatiron District manages to hold onto a laidback vibe in the middle of a bustling environment. Named after the world-famous Flatiron Building, this neighborhood is a true melting pot, with skateboarders sharing the sidewalk with tie-wearing professionals. Madison Square Park is a perfect spot for people watching, and though this neighborhood tends to be loud and busy during the day, at night it becomes a much quieter respite from the rest of the city. With a central location and plenty of metropolitan mystique, there's a lot to recommend about this eclectic neighborhood.
Architecture and landmarks
The Flatiron District is unique in that the bedrock underneath it is deeper than it is in other neighborhoods. As a result of that and zoning laws, the vast majority of buildings are no more than 20 stories tall and the side streets are home to many three- to six-floor buildings. In 2010, zoning laws were loosened somewhat and One Madison Park was built, a 50-story building with luxury residential condos. Some of the most notable buildings include the Flatiron Building, Woolworth Building, and the Met Life Tower. There's also a sidewalk clock, outside 200 Fifth Avenue, that is one of the most photographed spots in the neighborhood.
Transport
There's a subway station on 23rd Street which serves five subway lines: 4, 6, 6 Express, N, and R. You can also catch these lines, as well as the 5, L and Q at Union Square-14th Street. With more than two dozen bus stops, there are many other ways to get around this bustling neighborhood. Parking is scarce but there are a few paid lots in the neighborhood.
Schools
The small Flatiron District is home to over half a dozen schools, including a ballet school for students in grades 4 through 12, the new PS 340 for PK through 1st grade, a Montessori school and the highly rated Manhattan Village Academy for grades 9 through 12. Vocational education options include the New York Conservatory for Dramatic Arts and the Natural Gourmet Institute.
Health
Though there's no hospital in the Flatiron District itself, there are several hospitals and medical facilities in the vicinity: Lenox Health and Memorial Sloan-Kettering in Greenwich Village, several branches of NYU, as well as Mount Sinai in Gramercy Park, and Rogers Clinic in NoMad.
Safety
The Flatiron District is part of the 13th Precinct, which had 21.96 crimes per 1,000 residents in 2015.
Things to do
The Flatiron District is a dream for foodies. Find high-end cuisine at Eleven Madison Park, which has earned three Michelin stars and in 2016 was named the third best restaurant in the world, or visit Gramercy Tavern to sample local ingredients, ABC Kitchen for upscale takes on classic comfort food like wagyu beef cheeseburgers, and Cosme for spectacular plates ready for sharing such as their famous duck carnitas.
For every world-class, fine dining restaurant in the Flatiron, there's a cheap, casual eatery to try too. Shake Shack may be one of the most famous spots in Madison Square Park, but Hill Country Chicken, with its retro vibe and southern comfort food, is now jostling for the top spot. Eisenberg''s Sandwich Shop has been a favorite since 1929 and Beecher's Handmade Cheese offers the opportunity to watch cheesemakers in action while tasting their produce.
For those without an appetite, the Flatiron District offers an incredible shopping scene. Options in the neighborhood include a mini outpost of the mile-long Strand Book Store, H&M, Coach, Toby's Estate Coffee, Anthropologie, J. Crew, and 39 unique home and design stores. It's true that the Flatiron District is not known as a late night hot spot, but there are a number of upscale lounges, throwback dive bars, and everything in between. Rooftop bars attract fashionistas, SPiN New York, owned by Susan Sarandon, has 17 ping-pong tables and live music most weekends, and Flatiron Lounge treats its customers to both a classy vibe and amazing cocktails.