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Midtown

Midtown

Neighborhood in Manhattan, New York

New York County 10018, 10019, 10020, 10036

$2,490,213 Average Value
$2,533 Average Price per Sq Ft
218 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

Interested in learning more about homes in this area? Reach out to Thomas Hollingsworth, an experienced agent in this neighborhood.

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

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$1,717,500
Median Single Family Price
$960,000
Median 2 Bedroom Price
$2,495,000
Median 1 Bedroom Price
$1,100,000
Average Price Per Sq Ft
$2,533
Number of Homes for Sale
218
Last 12 months Home Sales
210
Months of Supply
12.50
Median List Price
$2,247,500
Median Discount From 1st List Price
8%
Median Home Sale Price YoY Change
-12%

Home Facts

Number of Homes in Neighborhood
2,874
Median Year Built
1963
Avg. Single Family Home Size Sq Ft
1,856
On par with the national average
1,936
Average 2 Bedroom Size Sq Ft
1,661
Average 1 Bedroom Size Sq Ft
976
Average Studio Size Sq Ft
568

Open Houses

  • Sunday, May 4
    11am - 12pm

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

    $525,000

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

    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 providing a peaceful retreat at the end of a busy day or during weekends.Step into

    Agent Photo
    Dylan Hoffman
    Compass
    (866) 885-9529
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  • Sunday, May 4
    12 - 1pm

    33 W 56th St Unit 8A, New York, NY 10019

    $1,795,000

    • 1 Bed
    • 2 Baths
    • 1,210 Sq Ft
    • 33 W 56th St
    • Unit 8A
    • New 1 day ago

    Residence 8A is a beautifully balanced 1,210-square-foot home featuring one bedroom, a versatile den or home office, and two full bathrooms. Upon entry, you are welcomed by an elegant foyer that leads into a generously proportioned living and dining area, highlighted by rich teak flooring and expansive floor-to-ceiling double-paned windows that flood the space with natural light. The

    Marko Arsic Corcoran Group

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  • Wednesday, Apr 30
    4:30 - 6pm

    120 W 58th St Unit 7B, New York, NY 10019

    $795,000

    • 1 Bed
    • 1 Bath
    • 720 Sq Ft
    • 120 W 58th St
    • Unit 7B
    • New 2 days ago

    Prewar one bedroom condo a short distance from Central Park and Billionaire's Row. This renovated home has a large living room/dining area, spacious, windowed kitchen with stainless appliances, king size bedroom and marble bath. Located in the heart of midtown close to the Time Warner Center, the city's finest shopping, restaurants and theater. Pieds a terre and pets permitted.

    Louise Stocker Berkshire Hathaway HomeServices New York Properties

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Condo Buildings

Interested in learning more about homes in this area? Reach out to Thomas Hollingsworth, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
12,094
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.

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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