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Midtown East

Midtown East

$1,957,278 Average Value
$2,322 Average Price per Sq Ft
189 Homes For Sale

Legendary commercial area now a destination for homebuyers

Office buildings tower over Midtown East, with glass skyscrapers next to iconic buildings from the early 20th century, like the Chrysler Building. The area offers gourmet restaurants and high-end shopping, but has fewer essentials than other parts of Midtown. It has only recently become a popular place to live. “It’s now a destination,” says Suzan Kremer, a Douglas Elliman broker who has been working in the area since 2008. It's not as touristy as some of its neighbors, although they flock to Grand Central Terminal, at the southern edge of the neighborhood.

Chrysler Building is one of the icons of NYC, located in Midtown East.
Chrysler Building is one of the icons of NYC, located in Midtown East.
World famous Grand Central Terminal in Midtown East.
World famous Grand Central Terminal in Midtown East.
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Michelin-starred restaurants and Madison Avenue shopping

Midtown East is home to legendary restaurants such as the subterranean Grand Central Oyster Bar, with its arched ceilings, or La Grenouille, an upscale French eatery that’s been in business for over 60 years. For a Nordic-inspired, seafood-heavy menu, there’s Michelin-starred Aquavit, and Bobby Van’s is a destination for steaks in the landmarked Helmsley Building. The neighborhood is also famous for its boutiques and department stores. Brands like Celine and Fendi line Madison Avenue, while Fifth Avenue is home to flagship stores like Saks Fifth Avenue and Tiffany & Co. Ultralux stores such as Dior, Burberry and Yves Saint Laurent can be found on East 57th Street. Daily essentials are harder to find, but Whole Foods and Morton Williams both have locations on Second Avenue. There are food halls like Urbanspace in the neighborhood, and several fast-casual restaurants at Grand Central.

Friends meet outside the New York Public Library in Midtown East.
Friends meet outside the New York Public Library in Midtown East.
Commuters have a drink and laugh before heading home from Grand Central Station in Midtown East.
Commuters have a drink and laugh before heading home from Grand Central Station in Midtown East.
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From hotel living to new highrises

Midtown East’s side streets are quieter than the avenues, offering a more residential vibe. “There are so many new highrises. The versatility and the array of property and opportunity is tremendous,” Kremer says. “Some people want views. And then there are people who want privacy and don’t want that doorman. Others really love hotel living, where they have all the services.” Places like The Towers of the Waldorf Astoria, The Plaza Hotel and The St. Regis Residences give residents all the services of a hotel at home, from cleaning to room service. Views and contemporary living can be found in new towers such as The Centrale on East 50th Street. A studio in a co-op in the neighborhood starts around $350,000, with a studio in a condo going for more like $650,000. A three-bedroom co-op ranges from $1.2 million to $3 million and up, while a condo of the same size starts at $5 million. There are also super high-end residences, such as 432 Park Avenue, where a penthouse was asking $105 million in June 2024.

Watertown Plaza in Midtown East has a mix of residential and commercial buildings.
Watertown Plaza in Midtown East has a mix of residential and commercial buildings.
Rows of homes with classic architecture can be found in Midtown East.
Rows of homes with classic architecture can be found in Midtown East.
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Walkable to Central Park and Bryant Park

Central Park is just north of Midtown East, with the zoo, the walking paths and pond of the Hallett Nature Sanctuary nearby. Bryant Park, which offers tables and chairs, summer activities and a winter market, is at the southern end of the neighborhood. It's right next to the main branch of the New York Public Library on Fifth Avenue, a Beaux-Arts landmark dating to 1911. Patience and Fortitude, a pair of marble lions, flank its entrance.

Central Park's trees create a beautiful scenery to bask in and enjoy.
Central Park's trees create a beautiful scenery to bask in and enjoy.
There are always local events and gatherings at Bryant Park in Midtown East.
There are always local events and gatherings at Bryant Park in Midtown East.
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The St. Patrick’s Day Parade

The New York City Saint Patrick’s Day Parade, the largest and oldest in the world, marches along Fifth Avenue every year, passing the cathedral with the same name. Approximately 150,000 people participate, and about 2 million come out to watch.

Connect to the City from Grand Central Terminal

Grand Central Terminal connects residents to the rest of the city, including John F. Kennedy Airport, and is a major hub for commuters. A number of subways serve the area, including the 4, 5 and 6 trains and the E and F. There are also several buses in the neighborhood.

Subway gets you where you need to go in Midtown East and the rest of New York City.
Subway gets you where you need to go in Midtown East and the rest of New York City.
Stairs lead down to the subway interest in Midtown East.
Stairs lead down to the subway interest in Midtown East.
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A business-oriented high school

Students can attend the modern P.S. 59 Beekman Hill International School from pre-kindergarten through fifth grade, which gets an A rating from Niche. From sixth to eighth grades, A-rated J.H.S. 104 - Simon Baruch is an option, and high schoolers can attend C-plus-rated Jacqueline Kennedy-Onassis High School on West 46th Street, a magnet school for students interested in business careers.

Experience holistic education at Simon Baruch Middle School 104 in Gramercy Park.
Experience holistic education at Simon Baruch Middle School 104 in Gramercy Park.
Jacqueline Kennedy-Onassis High School is a magnet school for students interested in business.
Jacqueline Kennedy-Onassis High School is a magnet school for students interested in business.
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Leslie Hendrickson
Written By
Leslie Hendrickson
Edward Pokoj
Video By
Edward Pokoj

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

16 min drive

Subway

Grand Central-42 Street

Train

Grand Central Terminal

Subway

Lexington Avenue-53 Street

Subway

5 Avenue-53 Street

Subway

51 Street

Bus

Madison Av & E 54 St

Bus

Lexington Av & E 59 St

Bus

Madison Av & E 55 St

Bus

Madison Av & E 42 St

Bus

Lexington Av & E 50 St

Bus

E 57 St & Park Av

Bus

E 42 St & Lexington Av

Reviews

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

Crime and Safety

1 - Low Crime, 10 - High Crime Midtown East US
Homicide 5 4
Sexual Assault 6 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

Midtown East Demographics and Home Trends

Housing Trends

Median List Price
$1,950,000
Median Sale Price
$1,812,500
Median Single Family Sale Price
$1,687,500
Median 2 Bedroom Sale Price
$2,720,000
Median Change From 1st List Price
1%
Last 12 months Home Sales
192
Median Home Sale Price YoY Change
16%
Average Price Per Sq Ft
$2,322

Neighborhood Facts

Number of Homes
1,992
Number of Homes for Sale
189
Median Year Built
1975
Months of Supply
11.80
Average Single Family Home Size Sq Ft
1,349
Significantly below the national average
1,929
Average 2 Bedroom Size Sq Ft
1,462
Average 1 Bedroom Size Sq Ft
863
Average Studio Size Sq Ft
536
Median Lot Size Sq Ft
19,166

Open Houses

  • Sunday, Dec 21
    1:30 - 2:30pm

    150 E 49th St Unit 9D, New York, NY 10017

    $599,000

    • 2 Beds
    • 1 Bath
    • 150 E 49th St
    • Unit 9D
    • New 28 days ago

    Priced to Sell!Welcome to 150 E 49th Street—where charm, comfort, and an unbeatable location meet. This bright and inviting 2-bedroom, 1-bathroom co-op is priced to sell and offers exceptional value in the heart of Turtle Bay. The home features beautiful hardwood floors, a smart four-room layout, and southern exposure that fills the space with natural light. The spacious living room is

    Micol Bonazzoli Compass

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  • Sunday, Dec 21
    10am - 12pm

    138 E 50th St Unit 63, New York, NY 10022

    $6,895,000

    • 4 Beds
    • 4 Baths
    • 2,777 Sq Ft
    • 138 E 50th St
    • Unit 63

    Prepare to be Wowed. If you want 360-degree unobstructed cinematic views of Manhattan and beyond then TR63 is for you. Enter onto your own private landing, elevating the level of privacy and exclusivity that leads into this 2,777 SF well-proportioned 4-bedroom home. As one enters the great room, you are drawn in by the spectacular views and unparalleled light coming from the

    Joan Swift Douglas Elliman Real Estate

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  • Saturday, Dec 20
    11am - 1pm

    135 E 47th St Unit 20 C, New York, NY 10017

    $2,750,000

    • 2 Beds
    • 2 Baths
    • 926 Sq Ft
    • 135 E 47th St
    • Unit 20 C
    • New 18 days ago

    Immediate Occupancy. Introducing Monogram New York, Manhattan's newest collection of luxury residences nestled in the heart of the city's New Midtown at 135 East 47th Street. This collection of meticulously designed condominium homes draws inspiration from the timeless allure of classic New York City glamour fused with a distinctly modern perspective. Welcome home to Monogram

    Ariel Tirosh 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
7,083
Median Age
41
Population Density
31 ppl/acre
Population under 18
13.8%
Below the national average
23.8%
Population over 65
21.8%
On par with the national average
19.1%

Finances

Median Household Income
$136,469
Significantly above the national average
$79,601
Average Household Income
$165,556

Education and Workforce

High School Graduates
98.3%
College Graduates
86.6%
Significantly above the national average
34.1%
Advanced Degrees
40.4%
Significantly above the national average
13.3%
% Population in Labor Force
74.7%

Weather

Annual Precipitation
50''
Average Winter Low Temperature
28°F
Average Summer High Temperature
85°F
Annual Snowfall
10''

Area Factors

Very Bikeable

Bike Score®

84 / 100

Walker's Paradise

Walk Score®

97 / 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
Midtown East
Ken Laino
Manhattan Network Inc
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