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Midtown South

Midtown South

$2,297,235 Average Value
$2,113 Average Price per Sq Ft
14 Homes For Sale

Central shopping, dining, entertainment and transportation

Midtown South includes some of New York’s best attractions. The iconic Empire State Building holds sway over an ever-changing skyline, while the city’s main transit hub, Penn Station, and one of its top entertainment venues, Madison Square Garden, draw in hundreds of thousands. Koreatown has specialized retail stores, restaurants and karaoke. New condo buildings make the most of these amenities and are close to other popular parts of town. “It’s the new center of high-rise living. You’re really in the middle of everything and have quick access to offices in all directions,” says Leonard Inzirillo, an agent with Douglas Elliman specializing in the area.

The Empire State Building serves as a beacon for Midtown South.
The Empire State Building serves as a beacon for Midtown South.
Madison House in Midtown South provides views of the entire city.
Madison House in Midtown South provides views of the entire city.
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Multicultural eateries and luxury retailers

Koreatown is a distinct two-block district with popular restaurants and retail. Baekjeong is one of the best Korean barbecue joints in the city. The mingling scents of fried chicken and Korean beer can be experienced at Let's Meat while kimchi pancakes are a must at Osamil. Karaoke bars like Space can be found throughout. H Mart stocks groceries and other essentials. Taking pride of place on Broadway, Macy’s first opened in 1901 and is still the largest upscale department store of its kind. The B&H Photo megastore on 9th Avenue is a vital resource for all New York photographers and videographers. Nearby Hudson Yards is home to a multi-level luxury mall with restaurants, including celebrity chef-run Mercado Little Spain.

Koreatown Shopping Court in Midtown South  is popular among tourists and locals.
Koreatown Shopping Court in Midtown South is popular among tourists and locals.
Macy's Flagship store is in Midtown South.
Macy's Flagship store is in Midtown South.
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New high-rise condos with ample amenities

Though dominated by rental units, the area hosts a handful of new and recently updated high-rise condo towers. Two-bedroom homes range from $1.5 million to $3.7 Million, depending on square footage and views. Most of these full-service developments–like Madison House–concentrate around 5th Avenue. The 805-foot-tall tower has a large plunge pool, an expansive coworking club and a children's art room. "Everything here is about volume and height; so you get great views Uptown and Downtown," says Inzirillo, who heads up sales for the building.

Madison House is a tall luxury development in Midtown South.
Madison House is a tall luxury development in Midtown South.
Luxury high rises can be found throughout Midtown South.
Luxury high rises can be found throughout Midtown South.
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The High Line and MLB games

Madison Square Garden and The Shed at Hudson Yards are some of New York’s leading cultural venues hosting sports events, top-billed concerts, and international art fairs. The High Line elevated greenway can be accessed near Moynihan Train Hall. Six blocks to the North, Bryant Park has an ice-skating rink, holiday market and free outdoor movies.

The ice rink at Bryant Park is very popular with residents of Midtown South.
The ice rink at Bryant Park is very popular with residents of Midtown South.
Madison Square Garden in Midtown South is one of the most famous arenas in the country.
Madison Square Garden in Midtown South is one of the most famous arenas in the country.
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Transit links in and out of town

With Amtrak, New Jersey Transit, Long Island Rail Road and Metro-North service, Penn Station–the Western Hemisphere's busiest rail terminal–is also linked by 1,2,3, A, C and E subways. On the other side of Midtown South, the 6 local train stops on Park Avenue South at 33rd Street.

Local and express subway lines stop at Midtown South.
Local and express subway lines stop at Midtown South.
Commuters use the 33rd Street 6 station in Midtown South to get up and down Lexington Avenue.
Commuters use the 33rd Street 6 station in Midtown South to get up and down Lexington Avenue.
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Midtown public and public charter schools

Younger residents have their pick when it comes to schools. They might start at P.S. 33 Chelsea Prep, with an A-plus rating from Niche and a partnership with the Whitney Museum of Art. Success Academy Charter School - Hudson Yards Elementary and Middle School has a 6/10 score from Great Schools and focuses on the progressive development of student performance. With an A rating, Baruch College Campus High School has an excellent advisory program.

PS 33 Chelsea Prep is a public elementary school in New York, New York.
PS 33 Chelsea Prep is a public elementary school in New York, New York.
Baruch College Campus High School provides an innovative education to its students.
Baruch College Campus High School provides an innovative education to its students.
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The pros and cons of urban redevelopment

Over the next decade, the Penn District project will transform Penn Station, Madison Square Garden and surrounding city blocks with new mixed-use commercial and residential buildings. Though a significant improvement to the area, it will also require years of construction, which can sometimes be noisy, unsightly and obstructive.

Midtown South is also home to distinguished Empire State Building and Madison Square Garden.
Midtown South is also home to distinguished Empire State Building and Madison Square Garden.
Penn Station's extension, Moynihan Train Hall gives commuters to Amtrak from Midtown South.
Penn Station's extension, Moynihan Train Hall gives commuters to Amtrak from Midtown South.
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Adrian Madlener
Written By
Adrian Madlener
Leon Cato
Photography Contributed By
Leon Cato
Kevin Carter
Video By
Kevin Carter

Agents Specializing in Midtown South, NY

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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

18 min drive

Subway

34 Street-Herald Square

Subway

34 Street-Penn Station (A,C,E Line)

Train

New York Penn Station (Njt)

Train

33 St (Path)

Bus

5 Av & W 31 St

Bus

7 Av & W 31 St

Bus

E 32 St & 5 Av

Bus

7 Av & W 34 St

Bus

W 34 St & Broadway

Bus

6 Av & W 31 St

Bus

W 32 St & 7 Av

Reviews

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Crime and Safety

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

Source: WhatIsMyCrimeRisk.com

Neighborhood Facts

Number of Homes
594
Number of Homes for Sale
14
Median Year Built
2008
Months of Supply
7.60
Average Single Family Home Size Sq Ft
1,521
Significantly below the national average
1,934
Average Townhouse Size Sq Ft
400
Average 2 Bedroom Size Sq Ft
1,491
Average 1 Bedroom Size Sq Ft
858
Average Studio Size Sq Ft
545
Median Lot Size Sq Ft
34,412

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

Rental Home Trends

Number of Homes for Rent
32
Median Rent
$5,907
Median Single Family Home Rent
$6,750
Median 4 Bedroom Single Family Home Rent
$16,950
Median Townhouse Rent
$4,010
Median Condo Rent
$4,980
Median 2 Bedroom Condo Rent
$7,425

Demographics

Total Population
8,228
Median Age
34
Population Density
81 ppl/acre
Population under 18
16.5%
Below the national average
23.8%
Population over 65
7.6%
Below the national average
19.1%

Finances

Median Household Income
$125,048
Significantly above the national average
$79,597
Average Household Income
$151,035

Education and Workforce

High School Graduates
94.8%
College Graduates
77.9%
Significantly above the national average
34.1%
Advanced Degrees
37.1%
Above the national average
13.3%
% Population in Labor Force
80.2%

Weather

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

Area Factors

Moderately bikeable

Bikeability®

70 / 100

Very walkable

Walkability®

80 / 100

Exceptional public transit

Transit®

100 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

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 South