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NoMad

NoMad

$2,528,741 Average Value
$2,039 Average Price per Sq Ft
66 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 Dominique 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, are 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.

Flatiron Public Plaza has events and art installations.
Flatiron Public Plaza has events and art installations.
Traditional dancers and performers showcase Día de Muertos throughout the week in NoMad.
Traditional dancers and performers showcase Día de Muertos throughout the week in NoMad.
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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.

Madison Square Park is between Fifth and Madison Avenues.
Madison Square 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
Written By
Nicole Beckley
Tony Simonetti
Video By
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

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

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime NoMad US
Homicide 7 4
Sexual Assault 8 4
Assault with Weapon 6 4
Robbery 5 4
Burglary 8 4
Motor Vehicle Theft 6 4
Larceny 4 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Neighborhood Facts

Number of Homes
1,306
Number of Homes for Sale
66
Median Year Built
1927
Months of Supply
13.90
Average Single Family Home Size Sq Ft
2,140
Above the national average
1,933
Average Townhouse Size Sq Ft
850
Average 2 Bedroom Size Sq Ft
1,497
Average 1 Bedroom Size Sq Ft
989
Average Studio Size Sq Ft
715
Median Lot Size Sq Ft
1,742

Open Houses

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
39
Median Rent
$6,000
Median Single Family Home Rent
$6,893
Median Townhouse Rent
$7,100
Median 3 Bedroom Townhouse Rent
$6,800
Median Condo Rent
$6,875
Median 2 Bedroom Condo Rent
$9,993

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
$79,597
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

Moderately bikeable

Bikeability®

70 / 100

Exceptionally walkable

Walkability®

100 / 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
NoMad
Thomas Wexler
Leslie J Garfield & Co Inc
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