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Midtown

Midtown

$2,445,850 Average Value
$2,578 Average Price per Sq Ft
248 Homes For Sale

Life in the heart of Manhattan

Some of Manhattan’s biggest businesses and attractions—as well as its most expensive residences—are in Midtown. It’s a neighborhood full of the hustle and bustle that makes New York famous. “People who live there want the excitement of the city the minute they walk out the door,” says Suzan Kremer, a broker with Douglas Elliman with more than 15 years of experience. Global headquarters, fashionable flagships and institutions like The Plaza, Carnegie Hall, Rockefeller Center and the Museum of Modern Art line Midtown’s streets. Billionaires’ Row, a strip of supertall residential towers overlooking Central Park, attracts buyers with deep pockets, but there are also more down-to-earth housing options and pieds-à-terre are plentiful. The streets are full of commuters during the day, but, after hours, art lovers come out for concerts and performances and to enjoy the area’s many upscale dining and drinking options.

The Atlas statue located at Rockefeller Center is a local staple.
The Atlas statue located at Rockefeller Center is a local staple.
The MoMa is a world class art institution located in Midtown.
The MoMa is a world class art institution located in Midtown.
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Luxury brands and upscale eateries

Bergdorf Goodman. Tiffany & Co. Saks Fifth Avenue. These are the kind of luxury stores found on Fifth Avenue, alongside international chains such as H&M and Adidas. It’s not an exaggeration to say that people come from all over the world to shop here and enjoy the over-the-top holiday window displays every winter. Restaurants skew toward the glamorous, with options such as The Russian Tea Room or Michael's New York, serving California-inspired cuisine to an A-list crowd. But there are also familiar favorites, like the Carnegie Diner & Cafe, offering classic fare across from Carnegie Hall. Groceries can be found at either Ernest Klein & Co., on Sixth Avenue near West 56th Street, and Morton Williams, on West 57th Street.

Bergdorf and Goodman is a luxury retailer located on Fifth Avenue in Midtown.
Bergdorf and Goodman is a luxury retailer located on Fifth Avenue in Midtown.
Carnegie Diner & Cafe is Midtown hotpot for locals and tourists.
Carnegie Diner & Cafe is Midtown hotpot for locals and tourists.
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From skyscrapers to pieds-à-terre

The most expensive home ever sold in the US was on Midtown’s Billionaires’ Row—a $238 million penthouse sold in 2019 at 220 Central Park South, a 70-story tower with a suite of luxury amenities designed by starchitect Robert A. M. Stern. Other supertalls with white-glove service include Extell’s One57, the 84-story Steinway Tower and the 131-story Central Park Tower, the tallest residential building in the world. A sky-high family home in Midtown could easily cost $20 million or more, but the area also offers more modest prewar and postwar co-ops and less flashy condo developments, with prices for units ranging from around $1 million to $3 million. Midtown attracts “a sophisticated, global community,” Kremer says, many of whom have several homes and often opt for a pied-à-terre.

Super luxury One57 is on billionaire's row in Midtown.
Super luxury One57 is on billionaire's row in Midtown.
220 Central Park South is an epic luxury tower in Midtown.
220 Central Park South is an epic luxury tower in Midtown.
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Anchored by Central and Bryant parks

Central Park provides greenspace for Midtown residents, and Wollman skating rink, the Central Park Zoo and the Hallett Nature Sanctuary are all in the southern part of the park. The park has nearly 900 acres to explore, so residents have plenty of space to roam. Bryant Park anchors Midtown to the south, providing food kiosks, tables and chairs for a quick lunch and seasonal concerts and other events.

Bryant Park is a gorgeous place to spend a lunch break in Midtown Center.
Bryant Park is a gorgeous place to spend a lunch break in Midtown Center.
Central Park is less than a 10minute walk from Rockefeller Center.
Central Park is less than a 10minute walk from Rockefeller Center.
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Holiday Happenings

The holidays are a busy time in Midtown, when tourists and locals alike clamor to see the windows of the nearby department stores or the ice-skating rink and giant Christmas tree in Rockefeller Center. It’s very festive, but also very crowded, with people cramming into the area to celebrate the season.

The Rink and Tree at Rockefeller Center are major global attractions.
The Rink and Tree at Rockefeller Center are major global attractions.
Hot cider is a must-have at The Bryant Park Holiday Market on New York City.
Hot cider is a must-have at The Bryant Park Holiday Market on New York City.
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A transportation hub in Manhattan

All roads lead to Midtown when it comes to public transportation. Hubs at Columbus Circle and Times Square provide access to numerous subway lines and commuter buses. Grand Central Terminal is about a 10-minute walk and provides further options—including service to John F. Kennedy International Airport.

A number of subway lines stop at Columbus Circle in Midtown.
A number of subway lines stop at Columbus Circle in Midtown.
Columbus Circle is a major hub for residents of Midtown.
Columbus Circle is a major hub for residents of Midtown.
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Area high school caters to business-minded students

Students should be ready to travel. P.S. 111 Adolph S. Ochs is located on West 53rd Street in nearby Hell’s Kitchen and gets an A rating from Niche. City Knoll Middle School gets a B minus from Niche and is at the same location. C-plus-rated Jacqueline Kennedy Onassis High School on West 46th Street is a magnet school for students interested in business careers.

Education begins at the pre-k level at Adolph S. Ochs School in New York City.
Education begins at the pre-k level at Adolph S. Ochs School in New York City.
The Jacqueline Kennedy-Onassis High School on West 46th St.
The Jacqueline Kennedy-Onassis High School on West 46th St.
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Leslie Hendrickson
Written By
Leslie Hendrickson
Leon Cato
Photography Contributed By
Leon Cato

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

57 Street (F Line)

Subway

57 Street (N,Q,R Line)

Subway

7 Avenue (B,D,E Line)

Subway

47-50 Streets-Rockefeller Center

Subway

5 Avenue-Bryant Park

Bus

6 Av & W 48 St

Bus

W 57 St & 6 Av

Bus

5 Av & W 52 St

Bus

7 Av & W 53 St

Bus

W 58 St & Broadway

Bus

5 Av & W 44 St

Bus

W 42 St & 5 Av

Crime and Safety

1 - Low Crime, 10 - High Crime Midtown US
Homicide 3 4
Sexual Assault 5 4
Assault with Weapon 4 4
Robbery 7 4
Burglary 5 4
Motor Vehicle Theft 3 4
Larceny 7 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Midtown Demographics and Home Trends

Housing Trends

Median List Price
$2,245,000
Median Sale Price
$1,695,000
Median Single Family Sale Price
$1,075,000
Median 2 Bedroom Sale Price
$2,504,970
Median Change From 1st List Price
7%
Last 12 months Home Sales
213
Median Home Sale Price YoY Change
-13%
Average Price Per Sq Ft
$2,578

Neighborhood Facts

Number of Homes in Neighborhood
3,046
Number of Homes for Sale
248
Median Year Built
1963
Months of Supply
14.00
Average Single Family Home Size Sq Ft
1,963
On par with the national average
1,925
Average 2 Bedroom Size Sq Ft
1,650
Average 1 Bedroom Size Sq Ft
966
Average Studio Size Sq Ft
553

Open Houses

  • Sunday, Sep 14
    1 - 2pm

    77 W 55th St Unit 16A, New York, NY 10019

    $525,000

    • 1 Bath
    • 400 Sq Ft
    • 77 W 55th St
    • Unit 16A

    Welcome to 77 W 55th St, an elegant high-rise condominium building in the heart of Manhattan. This cozy 400 sq. ft. home awaits you and your interior designer to make it your dream oasis or perfect investment property. Upon entering, you'll have a layout that seamlessly blends living and dining areas, providing a versatile space for relaxation and entertainment. The unit features a large

    Agent Photo
    Ronita Kalra
    Compass
    (855) 931-0597
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  • Sunday, Sep 14
    10 - 11am

    45 W 54th St Unit 10A, New York, NY 10019

    $525,000

    • 1 Bed
    • 1 Bath
    • 45 W 54th St
    • Unit 10A

    **Seller is offering a $100,000 credit at closing for future renovations** Experience a true sanctuary in the heart of Midtown! Nestled on a prestigious block in Midtown West, surrounded by landmarked townhomes, dining options, luxury hotels, and the iconic Museum of Modern Art, this oversized one-bedroom, one-bathroom home offers quick access to all that Manhattan has to offer while also

    Agent Photo
    Dylan Hoffman
    Compass
    (866) 885-9529
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  • Sunday, Sep 21
    12:30 - 2pm

    205 W 57th St Unit 11DB, New York, NY 10019

    $699,000

    • 1 Bed
    • 1 Bath
    • 205 W 57th St
    • Unit 11DB
    • New 2 days ago

    DOWNTOWN LIVING UPTOWNWhether you're seeking a refined full-time residence or a more private alternative to hotel living, Apartment 11DB offers the perfect balance of character and comfort. Perched on the top floor of the iconic Osborne, this distinctive one-bedroom home is filled with classic prewar details—soaring ceilings, original hardwood floors, a wood-burning fireplace, and six

    Ellen Kapit Compass

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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
12,094
Median Age
44
Population Density
62 ppl/acre
Population under 18
13.6%
Below the national average
23.8%
Population over 65
22.8%
On par with the national average
19.1%

Finances

Median Household Income
$141,194
Significantly above the national average
$71,702
Average Household Income
$164,357

Education and Workforce

High School Graduates
98.9%
College Graduates
82.3%
Significantly above the national average
34.1%
Advanced Degrees
45%
Significantly above the national average
13.3%
% Population in Labor Force
68.9%

Weather

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

Area Factors

Biker's Paradise

Bike Score®

92 / 100

Walker's Paradise

Walk Score®

98 / 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

Reviews

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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