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25+ years experience · 1,000+ transactions · 5-star reviews
Manhattan · New York, NY
37 active listings · Median $895K
Calculating market narrative...
A condo-dominant submarket with rents at the 5-year high, rising sale prices, and sale listings sitting longer than a year ago.
Median asking rent in Midtown West sits at $4,930/month, matching the 5-year high. Rents are up +3.8% year over year and +43.7% over the past 5 years. Median sale price stands at $895K, 44.1% below the 5-year high recorded in Feb 2022. Sale prices are up +3.5% year over 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 Jun 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.
In my 25+ years selling real estate across New York City, I use this Midtown West data in real negotiations, not just for a web page.
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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Calculating market narrative...
| Inventory & Activity | |
| Active Listings | 473 |
| Pending Sales | 15 |
| New This Week | 3 |
| New This Month | 8 |
| Avg DOM | 92.5 days |
| Price Cut Rate | 14.2% |
| Recent Sales | |
| Sold Last 30 Days | 1 |
| Sold Last 90 Days | 4 |
| Sale-to-List | 93.0% |
| Asking Prices | |
| Median Asking | $895,000 |
| Average Asking | $4,758,486 |
| Median $/SqFt | $1,444 |
| Median Condo | $1,640,000 |
| Median Co-op | $550,000 |
Based on active listings in Midtown West
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Studio | 9 | $475,000 | $325K - $670K |
| 1 Bedroom | 13 | $780,000 | $649K - $1.70M |
| 2 Bedrooms | 5 | $1,875,000 | $1.30M - $7.00M |
| 3+ Bedrooms | 10 | $7,472,500 | $1.09M - $48.80M |
View active listings by size:
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 is refreshed every 15 minutes per REBNY IDX requirements.
Experience across NYC
Transactions closed
Transactions in Midtown West
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."
On a $1M NYC purchase: co-ops run $20K-$30K, condos $38K-$42K, new dev $60K+. See every fee, who pays, and 5 ways to cut your bill.
Co-ops make up nearly 70% of NYC housing stock but require board approval. Condos cost more but offer flexibility. Here's how to decide.
Pre-approval gives you a 20-30% edge in NYC bidding wars. Here's what lenders need and how to set your budget ceiling.
Roughly 1 in 8 co-op board applications gets rejected. Here's how to prepare your package and ace the interview.
Sale listings that came on the market in the last 7 days.
Homes in Midtown West take a median 93 days to sell. Source: StreetEasy market data.
217 W 57th Street #77-W
Midtown West
A 3,073 sq ft condo in Midtown West.
217 W 57th Street #77-E
Midtown West
A 4,296 sq ft condo in Midtown West.
217 W 57th Street #77-EW
Midtown West
A 7,369 sq ft condo in Midtown West.
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Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
The median sale price in Midtown West is $895K. Condos sit at a median of $1.6M and co-ops at $550K. Sale prices are up 3.5% year over year.
No. The median sale price in Midtown West is currently 44.1% 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 92.5 days on market. Roughly 14.2% of active listings have recorded a price cut, suggesting some negotiating room.
Midtown West is currently tilting toward buyers. Median days on market is 92.5 days and roughly 14.2% of active listings have recorded a price cut, both indicating room to negotiate.
Midtown West offers both co-ops and condos. Condos are the higher-priced segment at a $1.6M median, with co-ops at $550K.
Roughly 21 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 $4,930/month. Live RLS listings show studios at $3,200, 1-bedrooms at $3,495, 2-bedrooms at $6,500, 3+ bedrooms at $9,048 per month. Rents are up 3.8% year over year.
Yes. The median asking rent in Midtown West is currently at the 5-year high. Tenants searching the neighborhood right now are competing in a market priced at peak.
Median asking rent in Midtown West has risen 43.7% 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 $1.9M, Central Park South at $1.7M, Midtown East at $875K, Midtown South at $765K. 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 Real Estate 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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