Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Flatiron vs Kips Bay

Side-by-side market data, transit, and neighborhood profiles to help you decide.

Manhattan|Manhattan

Flatiron

Manhattan

Kips Bay

Manhattan

Median Sale Price
$1.9M
$895K
Median Rent
$6K
$4K
Active Listings
222
98
Avg Days on Market
79 days
72 days
YoY Price Change
-28.2%
+2.8%
Monthly Sales Volume
16
38

Detailed Comparison

MetricFlatironKips Bay
Median Sale Price$1,850,000$895,000
Median Condo Price$1,725,000$1,050,000
Median Co-op Price$1,775,000$650,000
Median Rent$6,012.5$4,050
Active Listings22298
Rental Inventory250220
Days on Market7972
Price Cut Share10.4%12.5%
Monthly Sales Volume1638
YoY Price Change-28.2%+2.8%
YoY Rent Change-2.9%+3.9%
YoY Inventory Change+3.7%-4.1%
Subway Lines1 2 3 B D F M N Q R W4 5 6 7 B D F M N Q R S W

Neighborhood Profiles

Flatiron

The Flatiron District is a busy intersection of history, technology, and luxury living. Named after the iconic Flatiron Building, the neighborhood is centered around Madison Square Park and is a hub for the city's 'Silicon Alley.' The real estate market is famous for its grand cast-iron loft buildings with high ceilings and expansive floor plans, alongside ultra-luxury glass towers that offer modern amenities and central Manhattan convenience.

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Kips Bay

Kips Bay is a relaxed and highly convenient residential neighborhood located on the East Side of Manhattan. Known for its mix of mid-century high-rises and charming brick townhouses, it offers a more approachable price point than its neighbors to the north and south. Residents enjoy proximity to the East River Esplanade, a variety of local dining options, and easy access to the city's major medical centers and Midtown business hubs.

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Transit Access

Flatiron

123BDFMNQRW

34 St-Herald Sq (B D F M N Q R W) — 0.6 mi

34 St-Penn Station (1 2 3) — 0.7 mi

Kips Bay

4567BDFMNQRSW

Grand Central-42 St (4 5 6 7 S) — 0.7 mi

34 St-Herald Sq (B D F M N Q R W) — 0.7 mi

Active Listings

Flatiron for sale

View all Flatiron listings

Kips Bay for sale

View all Kips Bay listings

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Need Help Choosing?

With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.

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