$2,432,157Average Value$1,860Average Price per Sq Ft81Homes 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 mulit-bedroom apartments in the Flatiron District.
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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.
Hogwarts fans from all over come to Harry Potter New York in Flatiron District.
Fishs Eddy has an eclectic selection of flatware, dishes and glasses 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.
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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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 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 the perfect place to get some exercise.
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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.
Manhattan Village Academy in the Flatiron District is close to Madison Square Park.
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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.
The Union Square Holiday Market is a unique winter holiday market with 150+ outdoor vendors.
Union Square market is a central hub in the Flatiron District on certain days of 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 has 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.
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
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 $1,400,000, down 8% 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
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
7 East 17th Street - Penthouse South Full-Floor Union Square Loft with a Private 2,700 SF Rooftop Oasis A keyed elevator opens directly into this sprawling 2,820-square-foot Penthouse where pre-war character meets modern design. The 35-foot-wide great room is lined with six oversized arched south-facing windows, flooding the living area and home office with
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
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