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25+ years experience · 1,000+ transactions · 5-star reviews
Manhattan · New York, NY
36 active listings · Median $990K
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A condo-dominant submarket with moderate rent growth, sale values below the 5-year high, and sale listings sitting longer than a year ago.
Median asking rent in Midtown West is $4,700/month, $50 below the 5-year high set in Jul 2025. Rents are up +4.0% year over year and +56.7% over the past 5 years. Median sale price stands at $990K, 38.1% below the 5-year high recorded in Feb 2022. Sale prices are down -7.9% year over year. Sale listings are clearing 24 days slower than at this point last year.
Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.
Source: StreetEasy market data, through Mar 2026.
Midtown West is a Manhattan neighborhood adjacent to Times Square, Broadway, and the Hudson River. Housing stock ranges from historic pre-war cooperatives to newer condominium towers, with dense subway coverage via the A/C/E, 1/2/3, and N/Q/R/W lines.
Stations: Times Sq-42 St (0.17 mi), 42 St-Port Authority (0.25 mi), 57 St (0.52 mi), 5 Av/53 St (0.56 mi), 34 St-Penn Station (0.56 mi)
Midtown: 8 min (1 local from Times Sq-42 St)
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
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Based on active listings in Midtown West
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Properties in Midtown West
REBNY/RLS Disclaimer: Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 1/1/1970.
Experience across NYC
Transactions closed
Active in Manhattan
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Midtown West buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
"Milton made the entire buying process seamless. His knowledge of the local market and negotiation skills saved us thousands. Highly recommend for anyone looking in Upper Manhattan."
"We sold our co-op in record time thanks to Milton's marketing strategy. Professional photography, virtual tour, and targeted digital ads brought multiple offers within the first week."
The median sale price in Midtown West is $990K. Condos sit at a median of $1.2M and co-ops at $570K. Sale prices are down 7.9% year over year.
No. The median sale price in Midtown West is currently 38.1% below the 5-year high recorded in February 2022. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in Midtown West have a median of 111 days on market. That is 24 days slower than the same point a year ago. Only 9.8% of active listings have a price cut on record, signaling tight pricing.
Midtown West is broadly balanced right now, with median days on market at 111 days and 9.8% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.
Midtown West offers both co-ops and condos. Condos are the higher-priced segment at a $1.2M median, with co-ops at $570K.
Roughly 29 homes change hands each month in Midtown West across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.
The overall median asking rent in Midtown West is $4,700/month. Live RLS listings show studios at $3,288, 1-bedrooms at $4,250, 2-bedrooms at $4,725, 3+ bedrooms at $25,851 per month. Rents are up 4.0% year over year.
Median asking rent in Midtown West is currently $50 below the 5-year high set in July 2025. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.
Median asking rent in Midtown West has risen 56.7% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.
Within walking or short-transit distance of Midtown West, median sale prices range across Midtown at $2.1M, Central Park South at $1.1M, All Midtown at $905K, Midtown East at $775K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Midtown West is served by the 1, 2, 3, 7, A, C, E, F, M, N, Q, R, S, W trains. The commute to Midtown Manhattan runs roughly 8 minutes from Times Sq-42 St.
Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Midtown West, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: [email protected].
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Licensed Associate Broker
Keller Williams NYC · NY #10301213304
25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in Midtown West, I will guide you every step of the way.
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