$2,808,030Average Value$1,951Average Price per Sq Ft60Homes For Sale
A destination for shopping and dining near Madison Square Park
A mix of trendy restaurants and retail shopping housed in historic buildings, plus a beautiful centuries-old public park, make NoMad a coveted neighborhood. Nicknamed for the area north of Madison Square Park, what was once a primarily commercial district has become a residential enclave. “It went from an area that was really not a destination for hospitality or residential to one that’s really on the map at this point,” says James Mettham, President of the Flatiron/NoMad Partnership, an organization focused on maintaining and transforming the area. Starting in the 2010s, a hospitality boom led to the transformation of the Broadway corridor, opening chic spaces like the ACE Hotel and spurring new shops, bars, and nightlife options, followed by residential spaces. “An entire slew of new market and luxury housing opportunities and new towers have gone up, including one rising on Fifth Avenue and 29th Street,” Mettham says, “It continues to grow.”
Architecturally historic buildings can be seen in the neighborhood
La Pecora Bianca offers fine dining
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Many choices for fine dining and entertainment
Dining and nightlife options have flourished thanks to a flurry of high-rise hotels that have opened in recent years. Inside the 1908 Beaux-Arts-style Johnston building, The Ned NoMad functions as a hotel and private members club, affiliated with SoHo House. The landmark Emmet Building houses the James NoMad Hotel, featuring The Seville cocktail lounge, and Scarpetta, a favorite for Italian fare and celeb-spotting. The Michelin-starred Eleven Madison Park sits at the corner of East 24th Street. Freshly baked bread can be found at Eataly, the large Italian grocery store. Numerous coffee shops and cafes dot the area, with spots like Dominque Ansel offering croissants and inventive pastries. For daily groceries, there’s a Whole Foods at Madison Avenue and East 28th Street. Home décor, skincare and wellness shops, as well as fitness facilities can be found concentrated between Fifth and Sixth Avenues.
Italian groceries, prepared foods and a restaurant can be found at Eataly
Diners enjoy intimate meals at Il Fiorista
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Historic conversions and newer condos like Rose Hill
The neighborhood’s desirable central location has given rise to new condo developments. A one-bedroom one-bath condo in a high-rise or renovated historic building with a full-time doorman might be found for around $1.4 million, while a three-bedroom with park views might top $9 million. There are some co-ops, such as the 40-unit prewar Gilsey House, originally opened as a hotel in 1872, where today two or three-bedrooms sell for around $3 million. More inventory is available in large luxury condo towers like the 45-story Rose Hill, where a two-bedroom two-bath with a terrace might run $2.6 to $4 million. Other condo buildings like the skinny 54-story skyscraper at 262 Fifth Avenue are still under construction.
Seasonal events in Flatiron Public Plaza
Community events happen throughout the year in the Flatiron Public Plaza, in the southwest corner of Madison Square Park. Within view of the historic Flatiron Building, large-scale art pieces, summer concerts, and the Winter Glow Festival engage local businesses and residents.
Visitors relax near Madison Square Park
Flatiron Public Plaza has events and art installations
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Madison Square Park provides outdoor activities and public art
Madison Square Park serves as a neighborhood centerpiece, with residents relishing its playground and dog run. The 2.6-acre grounds, occupying a city block, have been public land since 1686, though it was historically home to the Lenape people. Multiple statues dot the park, and large-scale public art displays regularly rotate.
The park is between Fifth and Madison Avenues
Public art and other sights welcome visitors
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Pre-college preparation and A+ schools nearby
Students are zoned for a few public schools nearby. PS 33 Chelsea Prep serves pre-K through 5th grade and receives an A+ from Niche. For 6 through 8th grade, JSH 104 Simon Baruch ranks in the top 3% of most diverse middle schools in New York. Baruch College Campus High School gets an A rating from Niche and has partnered with nearby Baruch College to offer college-level courses to high school students.
Elementary school students can attend PS 33 Chelsea Prep
Simon Baruch Middle School is on East 21st Street
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Subway access on W 28th Street, plus the F and 6 trains
NoMad’s central location makes most of Manhattan easily accessible by subway. Access to the 1 and R and W trains can be found on West 28th Street, and the F train at West 23rd and Sixth Avenue. The 6 train can be found a few blocks east, at East 23rd and Park Avenue South.
The 6 train connects the neighborhood to the rest of Manhattan
The R and W trains are on West 28th Street
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Future developments for more housing
While the neighborhood evolves, city rezoning is anticipated to create more changes. “I think the goal is by 2026 there will be some new zoning and laws, which would allow for conversions of underutilized commercial and manufacturing space to residential and also some new developments,” Mettham says, “More to come.”
The neighborhood has many historic conversion buildings
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
Sonal Patel,
an experienced agent in this neighborhood.
Parks in this Area
Madison Square Park
Dog Park
Picnic Area
Playground
Chelsea Green
Picnic Area
Playground
Waterpark
Penn South Playground
Basketball
Tennis
Playground
Greeley Square Park
Sandbox Playground
Herald Square
Picnic Area
Trails
Concessions
Transit
Airport
Laguardia
18 min drive
Subway
28 Street (N,R Line)
Bus
5 Av & W 27 St
Bus
Av Of The Americas & W 27 St
Bus
Av Of The Americas & W 23 St
Bus
W 23 St & Av Of The Americas
Bus
Av Of The Americas & W 29 St
Bus
W 26th St & 7th Ave
Bus
5 Av & W 29 St
Crime and Safety
1 - Low Crime, 10 - High Crime
NoMad
US
Homicide
3
4
Sexual Assault
5
4
Assault with Weapon
5
4
Robbery
7
4
Burglary
5
4
Motor Vehicle Theft
3
4
Larceny
8
4
Crime Score
6
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in NoMad, Manhattan sell after 185 days on the market compared to the national average of 47 days. The average sale price for homes in NoMad, Manhattan over the last 12 months is $3,800,938, up 11% from the average home sale price over the previous 12 months.
-Condo-Roof Deck-Washer/Dryer In UnitExperience modern luxury at Apartment 12C, 241 Fifth Avenue — a stunning condominium in the heart of NoMad, just steps from the iconic Madison Square Park.This thoughtfully designed one-bedroom home features floor-to-ceiling windows that frame breathtaking eastern views of the iconic New York Life Building. The spacious layout is highlighted by elegant white
-Condo -Roof Deck -Washer/Dryer In Unit Experience modern luxury at Apartment 12C, 241 Fifth Avenue a stunning condominium in the heart of NoMad, just steps from the iconic Madison Square Park. This thoughtfully designed one-bedroom home features floor-to-ceiling windows that frame breathtaking eastern views of the iconic New York Life Building. The spacious layout is highlighted by elegant white
Welcome to 241 Fifth Avenue, Apartment 10B-a sanctuary of modern elegance nestled in the vibrant heart of NoMad, Manhattan's most coveted neighborhood. This exquisite 1,368-square-foot residence offers three bedrooms and 2.5 bathrooms, seamlessly blending contemporary design with timeless sophistication. As you step into the apartment, you're greeted by an expansive open-concept living
CASH OFFERS ONLY WILL BE CONSIDERED.Welcome to the Flower House Condominium — a boutique gem nestled in the heart of Manhattan’s vibrant Flower District. This rarely available penthouse duplex offers soaring 17-foot ceilings, expansive tilt-and-turn thermal windows that flood the living room with natural light, a spacious private terrace, and an additional balcony.Designed for both
Residence 12D is the most desirable line at 10 Madison Square West with a rare triple exposure, East, South, and West, showcasing incredible light and iconic views of Madison Square Park. Spanning 3,309 square feet of thoughtfully designed living space, this home defines modern luxury in the heart of Flatiron. Step inside through a gracious foyer that flows into a spacious gallery, a refined
Residence 12D is the most desirable line at 10 Madison Square West with a rare triple exposure, East, South, and West, showcasing incredible light and iconic views of Madison Square Park. Spanning 3,309 square feet of thoughtfully designed living space, this home defines modern luxury in the heart of Flatiron.Step inside through a gracious foyer that flows into a spacious gallery, a refined
The advertised rate of $10,810/month is the lowest available price, based on a 12 month(s) and 0 day(s) stay with a move-in date of May 8, 2025. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing, please visit our website and enter your desired move-in and move-out dates.Additional pricing info: (1) price quoted is for rent only, (2) this rate is
Introducing newly renovated apartment homes featuring top of the line appliances, countertops, and hardwood flooring. This apartment also contains an in-unit Bosch washer/dryer, spacious closets and more.Chelsea Landmark is a collection of sophisticated rental apartments located at the intersection of NoMad, Flatiron, and Chelsea. Luxury services include an on-site attended garage, building-wide
The advertised rate of $6,830/month is the lowest available price, based on a 12 month(s) and 0 day(s) stay with a move-in date of June 9, 2025. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing, please visit our website and enter your desired move-in and move-out dates.Additional pricing info: (1) price quoted is for rent only, (2) this rate is
Interested in learning more about homes in this area?
Reach out to
Sonal Patel,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
9,176
Median Age
38
Population Density
91 ppl/acre
Population under 18
16.5%
Below the national average
23.8%
Population over 65
12%
Below the national average
19.1%
Finances
Median Household Income
$154,906
Significantly above the national average
$71,702
Average Household Income
$175,100
Education and Workforce
High School Graduates
97%
College Graduates
82%
Significantly above the national average
34.1%
Advanced Degrees
33.1%
Above the national average
13.3%
% Population in Labor Force
75.4%
Weather
Annual Precipitation
50''
Average Winter Low Temperature
28°F
Average Summer High Temperature
85°F
Annual Snowfall
18''
Area Factors
Biker's Paradise
Bike Score®
92/ 100
Walker's Paradise
Walk Score®
100/ 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.
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.
