$1,604,041Average Value$1,757Average Price per Sq Ft76Homes For Sale
Upscale neighborhood near Madison Square Park
North of Flatiron and Gramercy, and to the west of Kips Bay sits Rose Hill. “If you reached out to 100 people in New York City and asked them where Rose Hill was, they probably wouldn’t know what you were talking about,” says Mick DiStasio, a Rose Hill resident and licensed real estate salesperson with Elegran, who’s been selling in Manhattan for a decade. “It’s kind of a newer microneighborhood within a bigger one that’s been referred to as NoMad, the area north of Madison Square Park.” Named after an 18th Century farm estate, Rose Hill has strong appeal thanks to its proximity to the park, Empire State Building, and Midtown.
Madison Square Park is on the edge of Rose Hill
Restaurants line Lexington Avenue
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Converted lofts and many luxury condos, like VU
A mix of large luxury towers, classic co-ops, and a few townhouses define the neighborhood. “The area actually has more condos, whether it be the old loft-style converted condos or new developments, which is rare for the city. It’s a little bit unique in that feature,” says DiStasio. A one-bedroom in a newer condo or converted loft building might cost $900,000 to $1.5 million. A three-bedroom condo in a luxury building with views of the Manhattan skyline costs between $3 million and $8 million. A more infrequent find, a one-bedroom, one-bath in a co-op building could cost $600,000. Classic century-old townhouses on East 26th Street attract celebrity residents and can fetch $4 million at the low end, with prices rising closer to Madison Square Park.
Condo buildings are prevalent in the neighborhood
Streets are lined with residential and commercial buildings
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Grocery store options and stellar Indian cuisine
Off Park Avenue South, dozens of restaurants serve a variety of cuisines including French, Italian and Japanese. Multiple Indian restaurants can be found near Lexington Avenue, including the vegetarian Saravanaa Bhavan, a popular chain in India and a go-to stop for dosa. Neighboring NoMad offers boutique shopping and clothing stores, with a Whole Foods at East 28th Street and Madison Avenue, and a Trader Joe’s at Third Avenue and East 32nd Street.
Locals shop at Whole Foods
Many Indian restaurants can be found in the area
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Annual events in Madison Square Park and Summer Streets
Madison Square Park hosts events throughout the year, including the annual holiday tree lighting in December, and Party In The Park, which serves as a fundraiser for the Madison Square Park Conservancy. During Summer Streets, Park Avenue closes to car traffic on select Saturday mornings in August so pedestrians, runners and cyclists can take advantage.
Madison Square Park is a neighborhood meeting spot
The park offers green space for walks
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High-reaching schools with college-level courses
PS 116 Mary Lindley Murray teaches pre-K through fifth grade and has an A rating from Niche. J.H.S. 104 Simon Baruch is in the top 3% of most diverse public middle schools in New York and gets an A+ rating Niche for its teachers. Baruch College Campus High School gives students an interdisciplinary liberal arts education and offers college-level courses.
High schoolers attend Baruch College Campus High School
Simon Baruch Middle School is on East 21st Street
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A playground and public art at Madison Square Park
Madison Square Park runs along the western edge of the neighborhood, offering residents a regular place to use the playground and dog run. In warm months, parkgoers sprawl on the Oval Lawn, and rotating art installations provide points of interest throughout the year.
Public art is displayed in Madison Square Park
Playgrounds can be used by park visitors
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Easy access to the 6 train, plus the R and W
Three stops along Park Avenue South give access to the 6 train, with buses following a similar route. The R and W trains can be reached on East 23rd Street. A short distance away, the East 34th Street ferry stop connects with Queens, Brooklyn, and the eastern side of Upper and Lower Manhattan.
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On average, homes in Rose Hill, Manhattan sell after 127 days on the market compared to the national average of 52 days. The median sale price for homes in Rose Hill, Manhattan over the last 12 months is $1,612,000, up 6% from the median home sale price over the previous 12 months.
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