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Garment District

Garment District

$1,477,688 Average Value
$1,479 Average Price per Sq Ft
39 Homes For Sale

Urban convenience and history in the heart of Manhattan

A neighborhood with century-old ties to the fashion industry, the Garment District still hums with the energy of commerce. It’s an area at the center of it all, just south of Times Square, providing quick and easy access to other parts of Manhattan. “There’s a ton of history layered into the area,” says David A. Palmieri, a Corcoran broker who sells properties here. “The buildings were not originally built for living, so it’s a different loft-like spatial experience that you really only find in other places like Soho, Tribeca or DUMBO.” The Garment District retains its urban edge, and its location is ideal for immersing oneself in the experiences and traditions of New York City.

You'll know you're in the Garment District by spotting the 28 ft tall Needle & Thread statue.
You'll know you're in the Garment District by spotting the 28 ft tall Needle & Thread statue.
From the Manhattan Center in the Garment District, the Empire State Building is in background.
From the Manhattan Center in the Garment District, the Empire State Building is in background.
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Macy’s, MSG and diverse dining choices

Many know that Macy’s flagship store is in the Garment District. True to its name, it is also where many trade businesses, selling fabrics, trimmings and buttons continue to operate. Dining options include casual spots like vegan eatery Beyond Sushi and El Sabroso, a popular Latin American lunch counter tucked away in a freight entrance. Gastropub District Social serves elevated American and cocktails and Mercato offers Italian in a cozy setting. For groceries there is a Whole Foods opposite Bryant Park and a Target on 34th Street. The Drama Bookshop is a spot for literary culture and events. Madison Square Garden hosts concerts from global superstars and is the home of the New York Knicks and the New York Rangers.

The expansive Macy's flagship store in the Garment District is a regal reminder of the past.
The expansive Macy's flagship store in the Garment District is a regal reminder of the past.
Madison Square Garden is within walking distance of the Garment District.
Madison Square Garden is within walking distance of the Garment District.
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Loft-like spaces, co-ops and full-service condominiums

Homes vary widely in price and style in the Garment District. Co-ops typically have lower asking prices for the area, such as a $500,000 prewar studio or $957,000 postwar two-bedroom, two bath apartment. Older condominiums are listed for about $1.5 to $3 million. Newer buildings by renowned architects such as Pritzker Prize-winning architect David Chipperfield and Michael Graves with high-end appliances, custom millwork and extensive amenities typically command prices of $3 million and up.

Newer buildings by renowned architects typically command prices of $3 million and up.
Newer buildings by renowned architects typically command prices of $3 million and up.
In true New York fashion, residents of the Garment District live above shops and restaurants.
In true New York fashion, residents of the Garment District live above shops and restaurants.
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Plazas and an active park to the north

Green space is scarce in the Garment District. City-designated parks function more as public plazas, with seating and vendors, than natural havens. But nearby Bryant Park not only offers a large expanse of grass, it’s also the site of non-stop activity, including the seasonal Winter Village with an ice-skating rink, free summer film screenings, and Broadway in Bryant Park.

Herald Square is a convenient stop of a break in the Garment District.
Herald Square is a convenient stop of a break in the Garment District.
Seasonal events such as an ice skating rink are available at nearby Bryant Park in Midtown, NY.
Seasonal events such as an ice skating rink are available at nearby Bryant Park in Midtown, NY.
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A big parade and holiday happenings

The Garment District is always active, but it really comes alive during the holidays. The iconic Macy’s Thanksgiving Day Parade kicks off the season, and shoppers and tourists flock to the department store to shop and peer at holiday window displays. Bryant Park’s Winter Village features a tree-lighting, ice-skating, a holiday market and food vendors.

Bryant Park Winter Village
Bryant Park Winter Village
Ice Skating at The Rink
Ice Skating at The Rink
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A wealth of transit options

The Garment District’s central Manhattan location means transit to anywhere in the city is a breeze. No fewer than 14 subway lines can be accessed along 34th and 42nd Streets, providing local and express service options. The Long Island Rail Road and Amtrak depart from the new Moynihan Train Hall, and a PATH station at 33rd Street offers easy connectivity to New Jersey. The neighborhood’s Port Authority Bus Terminal is the world’s busiest bus terminal.

Public transportation is a staple of NYC, and the Garment District is accesible via the MTA.
Public transportation is a staple of NYC, and the Garment District is accesible via the MTA.
Residents and visitors of Garment District navigate the city via the subway system.
Residents and visitors of Garment District navigate the city via the subway system.
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Strong private schools and a public in nearby Chelsea

While there are no elementary schools in the Garment District, the nearby public school Chelsea Prep enrolls prekindergarten through fifth grade and is highly rated, receiving an A plus from Niche. The private The Winchendon School for students grades nine through 12 is in the neighborhood and gets an A plus rating from Niche. Avenues The World School in Chelsea is part of a global network of schools for prekindergarten to Grade 12 students. It is also rated A plus by Niche.

A view of the Avenues The World School buildings from the street.
A view of the Avenues The World School buildings from the street.
The Winchendon School located in the Garment District.
The Winchendon School located in the Garment District.
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Major projects on the horizon

The Port Authority of New York and New Jersey plans a $10 billion overhaul of its midtown bus terminal, which is projected to be completed in 2032. New York’s Penn Station will also be reimagined and expanded with a multi-billion dollar project still in the planning phase.

Penn Station is a short walk from the Garment District.
Penn Station is a short walk from the Garment District.
Penn Station departures
Penn Station departures
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Martha O'Connor
Written By
Martha O'Connor
Franklin Abreu
Photography Contributed By
Franklin Abreu
Jessica Johnson
Video By
Jessica Johnson

Agents Specializing in this Area

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Schools

Source:
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

Parks in this Area

Transit

Airport

Laguardia

17 min drive

Subway

34 Street-Penn Station (1,2,3 Line)

Bus

W 34 St & 9 Av

Bus

8 Av & W 37 St

Bus

6 Av & W 37 St

Bus

7 Av & W 37 St

Bus

Av Of The Americas & W 34 St

Bus

W 34 St & 5 Av

Bus

W 34 St & 8 Av

Reviews

Are you familiar with the Garment District neighborhood? to let others know what life in this neighborhood is like.

Crime and Safety

1 - Low Crime, 10 - High Crime Garment District US
Homicide 8 4
Sexual Assault 9 4
Assault with Weapon 7 4
Robbery 5 4
Burglary 8 4
Motor Vehicle Theft 7 4
Larceny 4 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Garment District Demographics and Home Trends

Housing Trends

Median List Price
$1,100,000
Median Sale Price
$682,500
Median Single Family Sale Price
$787,500
Median Townhouse Sale Price
$855,000
Median 2 Bedroom Sale Price
$1,525,000
Median Change From 1st List Price
7%
Last 12 months Home Sales
32
Median Home Sale Price YoY Change
-17%
Average Price Per Sq Ft
$1,479

Neighborhood Facts

Number of Homes
821
Number of Homes for Sale
39
Median Year Built
2003
Months of Supply
14.60
Average Single Family Home Size Sq Ft
1,192
Significantly below the national average
1,929
Average Townhouse Size Sq Ft
771
Average 2 Bedroom Size Sq Ft
1,392
Average 1 Bedroom Size Sq Ft
897
Average Studio Size Sq Ft
545
Median Lot Size Sq Ft
5,445

Open Houses

  • Saturday, Dec 20
    1:30 - 2:30pm

    400 5th Ave Unit 34-H, New York, NY 10018

    $1,500,000

    • 1 Bed
    • 1.5 Baths
    • 776 Sq Ft
    • 400 5th Ave
    • Unit 34-H
    • New 30 days ago

    CORNER 1BR WITH DRAMATIC VIEWSWelcome to The Residences at 400 Fifth Avenue 34H! The coveted H-line is a premier 1 bedroom / 1.5 bath CORNER UNIT prized for its sweeping SOUTH AND WEST EXPOSURES and iconic Manhattan skyline views it offers an open-concept layout that feels remarkably expansive. The dual exposures not fill the home with all-day natural light but also visually widen the

    Agent Photo
    Philip Hordijk
    Leven Real Estate
    (866) 578-6023
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  • Friday, Dec 19
    2 - 4pm

    425 5th Ave Unit 65A, New York, NY 10016

    $3,495,000

    • 3 Beds
    • 3.5 Baths
    • 2,571 Sq Ft
    • 425 5th Ave
    • Unit 65A

    Location! Location! Location! An extraordinary full floor penthouse on prime Midtown Fifth Avenue, with panoramic 360 degree views, North, East, South & West, looking onto a jaw dropping catalogue of iconic NYC buildings. From the Empire State Building to the Brooklyn Bridge, live above the giants of New York City. Set on the 65th floor, step directly into the penthouse from a coded

    Dovanna Pagowski R New York

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  • Thursday, Dec 18
    9am - 6pm

    400 5th Ave Unit 43F, New York, NY 10018

    $1,695,000

    • 1 Bed
    • 1.5 Baths
    • 982 Sq Ft
    • 400 5th Ave
    • Unit 43F

    Stunning New Development Condo on 5th Avenue! This Mint Condition, nearly 1,000 Square Foot 1 Bedroom, 1.5 Bath home with Open City, Hudson Yards and River Views will amaze you. The large Living Room gives you plenty of space to dine, entertain and relax. There is also a custom Roche Bobois entertainment unit with built-in desk for your convenience. Living high above the

    Matt Gulker Douglas Elliman Real Estate

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Condo Buildings

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
7,462
Median Age
40
Population Density
50 ppl/acre
Population under 18
13.3%
Below the national average
23.8%
Population over 65
11.8%
Below the national average
19.1%

Finances

Median Household Income
$170,035
Significantly above the national average
$79,601
Average Household Income
$182,527

Education and Workforce

High School Graduates
93.6%
College Graduates
78%
Significantly above the national average
34.1%
Advanced Degrees
39.5%
Significantly above the national average
13.3%
% Population in Labor Force
75.1%

Weather

Annual Precipitation
50''
Average Winter Low Temperature
28°F
Average Summer High Temperature
85°F
Annual Snowfall
18''

Area Factors

Very Bikeable

Bike Score®

87 / 100

Walker's Paradise

Walk Score®

99 / 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.

Nearby Neighborhoods

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.
NEIGHBORHOOD
Garment District