$2,492,134Average Value$1,777Average Price per Sq Ft113Homes For Sale
A central location with some of the city’s best shopping and dining
The Flatiron District is a vibrant, bustling neighborhood in downtown Manhattan. It takes its name from the 22-story, triangular-shaped Flatiron Building on Fifth Avenue, and the Beaux-Arts and Renaissance revival architecture of the early 20th century is part of the area’s charm. Its central location allows residents easy access to the city and offers a range of shopping and dining options, from casual to upscale. Parks are another draw. “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,” says Lois Planco, a Compass agent who has lived in the district for over 20 years.
The iconic Flatiron Building is at the heart of the Flatiron District.
Beaux Arts Masterpieces Offer Entire Floors With Several Bedrooms and Bathrooms in the Flatiron District.
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From loft living to new construction at One Madison
Many buyers are drawn to move-in-ready new construction, Planco says. 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 $500,000. The area also has townhouses beginning around $10 million. In a few years, buyers can live in the Flatiron Building, which is set to be converted to about 40 luxury residences.
Grand and Lovely Buildings Like 142 5th Avenue in the Flatiron District.
Flatiron District's One Madison three-bedroom unit costs around $8 million.
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Art installations at Madison Square Park
Madison Square Park, across from the Flatiron Building, provides more than 6 acres of green space to the neighborhood. The park has a dog run and walking paths, and its seasonal public art installations make it a destination for all New Yorkers. Union Square Park has lawns and benches, and in recent years, several pedestrian plazas have been carved out along Broadway. “People can just sit down and lounge, and they run almost park to park,” Planco says.
Locals can eat 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 the perfect place to have fun.
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Highly rated middle school with a dance focus
Students from pre-kindergarten through fifth grade can attend the Sixth Avenue Elementary School. Its hands-on teaching method earns it an A rating from Niche. Young dance enthusiasts can attend A-plus rated Ballet Tech, The NYC Public School for Dance, which gives students in fourth through eighth grades classical dance training alongside their public school curriculum. Manhattan Village Academy High School gets an A minus from Niche and has a student-teacher ratio of 14 to 1.
Education thrives at Union Square's Sixth Avenue Elementary School.
Ballet Tech, the NYC public school for dance in the Flatiron District.
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Union Square Winter Market
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.
Union Square Holiday Market is a winter holiday market with 150+ outdoor vendors.
Union Square market is the center of life in Flatiron District on certain days during the week.
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Union Square is a transit hub
The 4, 5 and 6 subways service the neighborhood, while the transit hub of Union Square connects residents to the rest of the city.
Union Square is very convenient with 3 train lines stopping at the station in Flatiron District.
Riding the subway is the main way locals in the Flatiron District get around the city.
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Historic shopping district with a Harry Potter store
The Flatiron District has long been a shopping destination, known at the end of the 19th century as a luxury retail destination dubbed the Ladies’ Mile. Today, clothing stores line Fifth Avenue, and funky spots like bespoke home goods store Fishs Eddy can be found along the area’s cross streets. Harry Potter New York is across from Madison Square Park and is a must for Hogwarts fans from all over. There’s a Whole Foods and a Trader Joe’s in the area, and the Union Square Greenmarket is open four days a week. In addition, “there’s a restaurant on every corner of every block,” Planco says. That includes the first Shake Shack, a burger joint helmed by chef Danny Meyers, as well as his more formal eateries, Union Square Café and Gramercy Kitchen. There’s also the Italian food mecca Eataly, plant-based Michelin-starred Eleven Madison Park and Veronika, which serves up European classics with a twist above Fotografiska, a contemporary photography museum.
People Walking on 5th Ave
Hogwarts fans from all over come to Harry Potter New York in Flatiron District.
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
Are you familiar with the Flatiron District neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Flatiron District
US
Homicide
2
4
Sexual Assault
4
4
Assault with Weapon
3
4
Robbery
5
4
Burglary
4
4
Motor Vehicle Theft
2
4
Larceny
5
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Flatiron District Demographics and Home Trends
On average, homes in Flatiron District, Manhattan sell after 137 days on the market compared to the national average of 49 days. The median sale price for homes in Flatiron District, Manhattan over the last 12 months is $1,287,500, down 19% from the median home sale price over the previous 12 months.
This tastefully renovated 1-bedroom (convertible 2-bedroom) Loft residence in an attractive Pre-War building, with 24-hr lobby attendant on a beautiful tree-lined street in the heart of Flatiron, features a dramatic Great Room with over 11ft high beamed ceilings, hardwood floors, new windows and double exposures that grace the space with abundant light throughout the day. Open to the Great Room
Spacious, Sunlit Jr One-Bedroom in Prime Chelsea Location Welcome to Apartment 7RN, a generously proportioned Junior one-bedroom now available at the desirable Chelsea Lane cooperative. This south-facing, sun-drenched apartment offers serene courtyard views and a layout that balances open living with thoughtful privacy. The expansive living area is complemented by a
Buyer's Opportunity. Back-On-the-Market. Private floor of Loft 5-E, built Circa 1900, a Landmark Flatiron coopertive. If you love history, this iconic loft with approximately 2800SF/$1000pSF, embodies the ageless character of the original Circa 1900 era. Create your own design. Perched on a high floor, loft #5E located at 22 East 18th Street, is a bright, flexible, gracious space and ready for
Luxurious Flatiron floor-through loft right off Fifth Avenue, in the boutique Altair 20 Condominium featuring private keyed elevator access directly into the home, wide-plank wood floors, a gas fireplace in the living room, and high 10' ceilings. With over 2.300-square-feet of interior space, enjoy an incredibly spacious living/dining room area with fantastic southern light and room for a formal
Spacious corner 2 bedroom, 2 bath with a private terrace, 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
Newly Renovated Corner 1-Bedroom in Prime Flatiron Welcome to unit 518 at 10 West 15th Street - a brand new, gut-renovated corner 1-bedroom home in one of Flatiron's most desirable full-service cooperatives. This bright and airy apartment has recently undergone a top-to-bottom renovation with no detail overlooked. The windowed kitchen features sleek Caesarstone countertops, subway
This convertible 2 unit is a true loft lover's dream! With soaring 11-foot ceilings and oversized windows that bathe the space in natural light, this alcove studio creates an inviting atmosphere that feels both spacious and cozy. The freshly redone strip hardwood floors add a touch of elegance, while the in-unit washer/dryer and central heat and A/C provide modern conveniences for everyday
3 Bed | 2.5 Bath | 2 Private Terraces | 2,487 Interior SF | 424 Exterior SF | Penthouse | 360 City ViewsWelcome to Penthouse A at 4 West 21st Street — a rare and refined full-floor residence in the heart of the Flatiron District, designed by celebrated architect Hugh Hardy.Perched on the 17th floor, this 2,487-square-foot home offers an expansive layout ideal for sophisticated living and
This convertible unit is a true loft lover's dream! With soaring 11-foot ceilings and oversized windows that bathe the space in natural light, this alcove studio creates an inviting atmosphere that feels both spacious and cozy. The freshly redone strip hardwood floors add a touch of elegance, while the in-unit washer/dryer and central heat and A/C provide modern conveniences for everyday
Interested in learning more about homes in this area?
Reach out to
Dylan Hoffman,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
12,352
Median Age
39
Population Density
115 ppl/acre
Population under 18
17.3%
Below the national average
23.8%
Population over 65
17.3%
On par with the national average
19.1%
Finances
Median Household Income
$159,049
Significantly above the national average
$71,702
Average Household Income
$177,805
Education and Workforce
High School Graduates
97.3%
College Graduates
89.9%
Significantly above the national average
34.1%
Advanced Degrees
46.2%
Significantly above the national average
13.3%
% Population in Labor Force
71.3%
Weather
Annual Precipitation
50''
Average Winter Low Temperature
28°F
Average Summer High Temperature
85°F
Annual Snowfall
18''
Area Factors
Biker's Paradise
Bike Score®
90/ 100
Walker's Paradise
Walk Score®
100/ 100
Rider's Paradise
Transit Score®
100/ 100
Source: Walk Score
Source: Walk Score
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.
