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NoMad

NoMad

$2,636,121 Average Value
0 Homes 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
Architecturally historic buildings can be seen in the neighborhood
La Pecora Bianca offers fine dining
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
Italian groceries, prepared foods and a restaurant can be found at Eataly
Diners enjoy intimate meals at Il Fiorista
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
Visitors relax near Madison Square Park
Flatiron Public Plaza has events and art installations
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
The park is between Fifth and Madison Avenues
Public art and other sights welcome visitors
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
Elementary school students can attend PS 33 Chelsea Prep
Simon Baruch Middle School is on East 21st Street
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 6 train connects the neighborhood to the rest of Manhattan
The R and W trains are on West 28th Street
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
The neighborhood has many historic conversion buildings
Madison Square Park lights up at night
Madison Square Park lights up at night
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Nicole Beckley
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Nicole Beckley
Tony Simonetti
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Tony Simonetti

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 Wesley Stanton, an experienced agent in this neighborhood.

Parks in this Area

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

NoMad Demographics and Home Trends

Housing Trends

Median List Price
$232,400
Median Sale Price
$224,950
Median Change From 1st List Price
3%
Last 12 months Home Sales
146
Median Home Sale Price YoY Change
-75%

Neighborhood Facts

Number of Homes in Neighborhood
1,269
Number of Homes for Sale
0
Median Year Built
1928
Months of Supply
0.00
Average Single Family Home Size Sq Ft
2,253
Above the national average
1,924
Average Townhouse Size Sq Ft
850
Average 2 Bedroom Size Sq Ft
1,475
Average 1 Bedroom Size Sq Ft
974
Average Studio Size Sq Ft
715
Median Lot Size Sq Ft
1,742

Open Houses

  • Wednesday, Jul 30
    12 - 1:30pm

    11 E 29th St Unit 43C, New York, NY 10016

    $1,800,000

    • 1 Bed
    • 1.5 Baths
    • 991 Sq Ft
    • 11 E 29th St
    • Unit 43C
    • New 22 days ago

    Exceptional and Move-In Ready One (1) Bedroom, One and a Half (1.5) Bathroom Home, with Empire State and Chrysler Building Views. Experience 43rd floor living in the full service and luxury Sky House condominium building. Thoughtfully customized this tasteful, sun-lit apartment features dramatic Northern, Eastern, and Western exposures through oversized windows; showcasing an

    Kane Manera Corcoran Group

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  • Sunday, Aug 3
    10am - 12:30pm

    50 Madison Ave Unit 6, New York, NY 10010

    $6,150,000

    • 3 Beds
    • 3.5 Baths
    • 2,630 Sq Ft
    • 50 Madison Ave
    • Unit 6
    • New 24 days ago

    Rare full floor facing Madison Square Park. Enjoy 29" of unobstructed direct southern views of Madison Square Park from this full-floor, corner 3-bedroom, 3.5-bath boutique condo loft home on the fourth floor above the trees. Enter through a keyed elevator into a 2,630 square foot sanctuary with 10-foot ceilings, floor-to-ceiling windows, and an expansive light-filled great room with

    Louise Philips Brown Harris Stevens Residential Sales LLC

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  • Sunday, Aug 3
    1 - 2pm

    315 7th Ave Unit 18D, New York, NY 10001

    $849,000

    • 1 Bath
    • 530 Sq Ft
    • 315 7th Ave
    • Unit 18D

    Take advantage of extremely low monthlies with this enormous, high-floor view studio loft at Kheel Tower. This recently renovated home offers tall ceilings and expansive western views through oversized windows overlooking Chelsea and Hudson Yards. The foyer opens up to a kitchen with dining area - rare in a studio apartment. The chef's kitchen features custom cabinets, Corian

    Benjamin Dixon Douglas Elliman Real Estate

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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 Wesley Stanton, 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.

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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
NoMad