$2,410,690Average Value$1,766Average Price per Sq Ft70Homes For Sale
A central location with some of the city’s best shopping and dining
Located in midtown Manhattan, the Flatiron District is a lively central area known for its excellent shopping, dining and cultural attractions. Anchored by landmarks like the Flatiron Building and Madison Square Park, the neighborhood features parks, galleries, museums, and diverse shops and restaurants that add to its cultural richness. While the cost of living here is higher than in many other Manhattan neighborhoods, residents benefit from prime access to superb public transit and unparalleled walkability. Blending historic charm with modern energy, the Flatiron District stands out as one of New York City’s most dynamic and desirable areas, offering a unique mix of culture, convenience and urban excitement.
The iconic Flatiron Building is at the heart of the Flatiron District.
Beaux Arts Masterpieces offers multi-bedroom apartments in the Flatiron District.
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From loft living to new construction at One Madison
The Beaux-Arts and Renaissance revival architecture of the early 20th century is part of the area’s charm, contrasting with the new high-rises and modern condos that have been built over the last decade-plus. Many buyers are drawn to move-in-ready new construction, says Lois Planco, a Compass agent who has lived in the district for over 20 years. Projects include 55 West 17th, or One Madison, where a three-bedroom unit costs around $8 million. The Flatiron District also offers loft spaces, with a renovated three-bedroom unit in a co-op building priced at about $3 million. One-bedroom units start at around $700,000, and studios cost around $400,000. The area also has townhouses beginning at around $10 million. In a few years, buyers can live in the Flatiron Building itself, which is set to be converted to about 40 luxury residences. "Buildings that exist there are pretty much the way they will be forever," says broker Leonard Steinberg of Compass. "And the area, which was once pretty much 100% commercial, has, over the past two decades, slowly but surely shifted to a vast percentage being residential now." Steinberg adds that the Flatiron District's building height restrictions protect the light, especially in the heart of Manhattan. "Having quality of light year-round, with 12- to 14-story buildings instead of 80 stories has value to some people," he says. "The height restriction is something that people truly appreciate when living there."
142 5th Avenue in the Flatiron District has a charming exterior to match its apartments.
In the Flatiron District, a three-bedroom unit in the One Madison can cost around $8 million.
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Historic shopping district creates a dynamic experience
The Flatiron District has long been a shopping destination, famously known at the end of the 19th century as the luxury retail hub dubbed the Ladies’ Mile. Today, clothing stores line Fifth Avenue, while quirky spots like the bespoke home goods store Fishs Eddy add character along the cross streets. The district also houses over 100 health and wellness businesses, ranging from salons to pilates studios: "Of all the neighborhoods in the world, this neighborhood has more health and beauty-related aspects than any other," Steinberg says. For fans of the wizarding world, Harry Potter New York sits across from Madison Square Park. Everyday essentials are easy to find too, with Whole Foods and Trader Joe’s nearby, plus the Union Square Greenmarket open four days a week for fresh produce and local goods.
Hogwarts fans from all over come to Harry Potter New York in the Flatiron District.
Fishs Eddy has an eclectic selection of flatware, dishes and glasses in the Flatiron District.
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Diverse restaurants add to the local culture of Flatiron
Dining options also abound in this commercial neighborhood. When it comes to food, Planco notes that “there’s a restaurant on every corner of every block.” The neighborhood boasts the original Shake Shack, a beloved burger joint created by chef Danny Meyer, alongside his more formal establishments like Union Square Café and Gramercy Kitchen. Other culinary highlights include:
The Italian food mecca Eataly
The plant-based Michelin-starred Eleven Madison Park
The quaint diner S&P Lunch
From casual bites to world-class dining, Flatiron offers something for every palate.
Flatiron District has trendy cafes for locals to drop in, like Ralph's Coffee.
People can get an authentic diner experience at S&P Lunch on 5th Avenue in the Flatiron District.
The Danish bakery Ole & Steen is a Flatiron District favorite for pastries.
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Public green space at Madison Square Park and Union Park
Madison Square Park, across from the Flatiron Building, is another popular landmark and draw of the district. “The neighborhood starts with Madison Square Park and runs through Union Square Park. A city is as valued as its greenery, and this area is adding green spaces,” Planco says. Providing more than 6 acres of green space, the park has a dog run and walking paths, and its seasonal public art installations make it a destination for many New Yorkers. Union Square Park has lawns and benches, and in recent years, several pedestrian plazas have been carved out along Broadway. In December, Union Square Holiday Market sets up shop in the park. Stands offer everything from sweets to handmade soaps. "It's the best in the city," Planco says.
Locals can eat out at the Shake Shack food court in Madison Square Park by the Flatiron District.
The dog park in Madison Square Park by the Flatiron District is one of the city's most popular.
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Convenient subway options at Union Square
The Flatiron District offers some of the best transportation access in Manhattan, making it easy to navigate the city. Multiple subway lines serve the neighborhood:
The N, Q, R, W trains along Broadway
The 4, 5, 6 trains on Lexington Avenue
The L line is just a short walk away at Union Square
These connections provide quick routes uptown, downtown and across boroughs. Frequent bus service, including local and express buses like M1 and M3, adds even more flexibility and bridges the gaps not covered by subways. The neighborhood also boasts a perfect WalkScore and TransitScore.
Union Square has 3 train lines stopping at the station in the Flatiron District.
Riding the subway is the main way locals in the Flatiron District get around the city.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
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to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Flatiron District
US
Homicide
5
4
Sexual Assault
5
4
Assault with Weapon
5
4
Robbery
3
4
Burglary
6
4
Motor Vehicle Theft
5
4
Larceny
3
4
Crime Score
3
4
Source: WhatIsMyCrimeRisk.com
Flatiron District Demographics and Home Trends
On average, homes in Flatiron District, Manhattan sell after 108 days on the market compared to the national average of 53 days. The median sale price for homes in Flatiron District, Manhattan over the last 12 months is $1,550,000, up 10% from the median home sale price over the previous 12 months.
Full floor residence with keyed elevator access in The Paperbox Building. This floor-through 3 bedroom, 3 bath home, designed by renowned designer Billy Cotton, is accessed via keyed elevator, offering enhanced security and privacy. The South-facing, expansive great room with 11' high ceilings offers open views and is bathed in light throughout the year. The kitchen is outfitted with Carrara
Direct access from the elevator into your modern impeccably designed home. The southern light enters the living room as you relax in front of your oversized windows and feel the comforting warmth of radiant heated floors. An open chefs kitchen with state of the art of the appliances makes entertaining guest easy. The quiet master bedroom faces North with open city views and also gets great light
Bo PoulsenBrown Harris Stevens Residential Sales LLC
Flatiron Full Floor Loft! Step into one of the most extraordinary offerings to hit the Flatiron market in years. The 2nd Floor at 17 West 17th Street is a rare, full-floor opportunity nestled in the heart of the iconic Flatiron District. This is a colossal 4,600-square-foot pre-war loft ready to be transformed & configured to support both a luxurious residence or a thriving business.
SPACIOUS CORNER RESIDENCE WITH PRIVATE TERRACEEnjoy both northern and eastern exposures and open sky views, located in close proximity to Union Square. The apartment features oversized Wausau windows, Brazilian cherry wood floors, and high ceilings, with a large living room space with room for a dining table. The open kitchen has breakfast bar seating and is outfitted with top-of-the-line
Welcome to this beautifully renovated alcove studio at 16 West 16th Street, The Chelsea Lane!Bright, spacious, and pin-drop quiet, this home sits in the heart of downtown.The open kitchen is perfect for entertaining, featuring stainless steel appliances (including a dishwasher), granite countertops, and generous cabinet space.The sleeping area comfortably fits a queen bed
At the nexus of downtown's best neighborhoods, behold this sun-soaked sanctuary--a spacious, recently renovated two-bedroom, one-and-a-half-bath home that feels both elevated and effortless. Every room is kissed by southern light, the kind that drifts gently through the trees and paints soft golden patterns on your walls--a daily reminder that even in the city that never sleeps, serenity still
Jacob MilesBrown Harris Stevens Residential Sales LLC
Welcome home! This is definitely one of the best buildings in New York City. Right in the heart of the action on 5th ave. The building features an amazing 24/7 doorman service (with some of the best door guys in the city), the BEST super in New York, a charmingly classic/beautiful old new york lobby, a package room, live in super, Laundry facilities on-floor, and 2 large
Loft studio with over-sized windows, high ceilings, and renovated kitchen and bathroom now available. True North Flatiron 43 is at 43 West 16th Street, on the cusp of Chelsea, the Flatiron district, and Union Square. Comprising 12 floors and 95 apartments, the building underwent a major interior renovation in 2014 and the remodeled units now incorporate modern design features, high
Welcome to this stunning rental opportunity in the prime Chelsea location! This south-facing FLEX 2 apartment offers a spacious living room, a separate kitchen, a walk-in closet, and the convenience of an in-home washer and dryer. With a variety of exceptional amenities and an ideal location, this rental is perfect for those seeking a comfortable and convenient lifestyle.Key Features:*Prime
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
