Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

FlatironApartments for Sale

Manhattan · New York, NY

123 active listings · Median $2.0M · 77 days on market

$2.0M
Median Asking
$6,550/mo
Median Rent/Mo
123
Active Listings
77
Avg Days on Market

Monthly Snapshot

Live from REBNY/RLS

Flatiron has 6.2 months of supply (how long today's 113 listings would last at the 6-month pace of about 18 sales a month if nothing new came on the market), and homes sold at about 96% of their original asking price over the past 6 months (RLS/REBNY closed and active listings).

123 active · 7 new this week · 98 pending

How fast Flatiron apartments are selling, by type

· Closed sales April 2, 2026 to October 2, 2026; listings active on October 2, 2026.

Flatiron has 6.2 months of supply (how long today's 113 listings would last at the 6-month pace of about 18 sales a month if nothing new came on the market), and homes sold at about 96% of their original asking price over the past 6 months (RLS/REBNY closed and active listings).

Absorption: about 16% of listings sell in a typical month.

Apartment typeFor sale nowSold per monthMonths of supplyhow long listings would lastSold vs. original asksale price ÷ first asking priceMedian days, listing to closingincludes contract-to-closing time
1-bedroom condoShorter supply than the neighborhood113.23.596%102
2-bedroom co-opIn line with the neighborhood112.74.197%156
3-bedroom condoIn line with the neighborhood163.25.195%166
2-bedroom condoIn line with the neighborhood223.85.795%177
1-bedroom co-opIn line with the neighborhood202.5898%154
4+ bedroom condoLonger supply than the neighborhood1011098%226

Only apartment types with at least 6 recorded sales in the period are shown. Off-market and owner-sold homes are not in RLS data.

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What these numbers mean

What is months of supply?

How long it would take to sell every home now listed if sales kept their recent pace and no new listings came on. A lower number means buyers have fewer homes to choose from.

What is the absorption rate?

The share of listed homes that sell in a typical month. An absorption rate of 25% means about one in four listings sells each month; it is the same measure as months of supply, turned around.

What is the original asking price?

The price a home was listed at when it first came on the market, before any price cuts. Comparing the sale price with it shows how much room buyers negotiated.

Listing and sales data courtesy of the Real Estate Board of New York Residential Listing Service (RLS). Deemed reliable but not guaranteed.

Market Pulse — Flatiron

What defines this market

A condo-dominant submarket with strong rent growth, rising sale prices, and sale listings clearing quickly.

Common search patterns

investorsvalue buyersfast-movingcondo-dominant

Median asking rent in Flatiron is $6,550/month, $45 below the 5-year high set in Apr 2026. Rents are up +5.9% year over year and +17.0% over the past 5 years. Median sale price is $1.98M. Sale prices are up +18.4% year over year. Sale listings are clearing 3 days faster than at this point last year.

Rental snapshot

  • Median asking rent: $6,550/month ($45 below the 5-year high in Apr 2026)
  • Year-over-year rent change: +5.9%
  • 5-year rent change: +17.0%
  • Active rental listings: 274

For-sale snapshot

  • Median sale price: $1.98M
  • Condo vs co-op median: condos $2.74M / co-ops $1.34M
  • Year-over-year sale price change: +18.4%
  • Median days on market (from listing to signed contract): 77 days (3 days faster than a year ago)
  • For-sale listings on StreetEasy (monthly count): 113
  • Active listings with a price cut: 32.2%
  • Recent monthly closed sales: 18

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.

Sale figures: RLS/REBNY closed and active listings, April 2, 2026 to October 2, 2026. Rents: StreetEasy market data, through Sep 2026.

About 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 buildin...

In my 25+ years selling real estate across New York City, I use this Flatiron data in real negotiations, not just for a web page.

Quick Facts

BoroughManhattan
Zip Codes10010, 10011
Subway1, 2, 3, B, D, F, M, N, Q, R, W trains
Building TypesMixed

Transit, Schools & Commute

Subway Lines:1 2 3 B D F M N Q R W

Stations: 34 St-Herald Sq (0.61 mi), 34 St-Penn Station (0.67 mi)

Midtown: 17 min (B express from 34 St-Herald Sq)


Nearby Schools

SchoolGradesDist
NYC Lab School for Collaborative Studies6-120.56 mi
NYC Lab School for Collaborative Studies6-120.56 mi
East Side Community High School9-120.93 mi

Market Report

Live data from REBNY/RLS. Updated every 15 minutes.

Median Asking Price
$1,982,500
+18.4% YoY
Median Rent
$6,550/mo
+5.9% YoY
Price per Sq Ft
$1,884
Sold vs. Original Ask
96.0%

Price Trends

Median closed sale price by month

Own in Flatiron? What it would sell for today

Flatiron housing sits in Beaux-Arts, Renaissance Revival and cast-iron buildings, many converted to lofts, alongside modern glass-tower condominiums. Buyers weigh it against Madison Square Park and the N/Q/R/W, 6 and F/M trains. Condo sellers should have the offering plan amendments and common-charge history ready; co-op loft sellers, the board package and building financials.

Send me the address and I will read the comps in Flatiron before we talk

With the address I can look at what sold in your building and on your block. If you would rather not give it yet, the email alone is enough.

Email is the only required field.

Current Inventory Snapshot

Flatiron has 123 active listings for sale on the RLS/REBNY feed.

Inventory & Activity
Active Listings123
Pending Sales98
New This Week7
New This Month25
Avg DOM77 days
Price Cut Rate32.2%
Recent Sales
Sold Last 30 Days16
Sold Last 90 Days58
Sold vs. Original Ask96.0%
Asking Prices
Median Asking$1,982,500
Average Asking$4,101,362
Median $/SqFt$1,884
Median Condo Ask$2,737,500
Median Co-op Ask$1,339,500

Price by Bedroom

Based on active listings in Flatiron

TypeActive ListingsMedian PricePrice Range
Studio8$637,000$450K - $9.00M
1 Bedroom31$1,195,000$515K - $3.50M
2 Bedrooms34$2,510,000$1.15M - $6.00M
3+ Bedrooms49$4,995,000$2.00M - $19.50M

Active Listings

Properties in Flatiron

13
21 E 22nd Street 2K
$1,395,000
2 BD · 1 BA · Co-op
21 E 22nd Street 2K
Listed by: Compass
10
254 PARK Avenue S 2PR
$1,849,000
2 BD · 2 BA · 1,235 sqft · Condo
254 PARK Avenue S 2PR
Listed by: Douglas Elliman Real Estate
5
17 E 16th Street 12 A&B
$4,500,000
3 BD · 2 BA · Co-op
17 E 16th Street 12 A&B
Listed by: Compass
7
10 W 15TH Street 1822
$625,000
· 1 BA · Co-op
10 W 15TH Street 1822
Listed by: Corcoran Group
16
16 W 16th Street 11JN
$985,000
1 BD · 1 BA · Co-op
16 W 16th Street 11JN
Listed by: Jade Stone Real Estate Consulting Inc
27
32 E 22nd Street PH
$10,000,000
3 BD · 4 BA · 3,683 sqft · Condo
32 E 22nd Street PH
Listed by: Cote Luxury Real Estate
9
17 W 17TH Street 6
$4,995,000
4 BD · 5 BA · 4,700 sqft · Co-op
17 W 17TH Street 6
Listed by: Douglas Elliman Real Estate
18
32 E 22nd Street GARDEN-PARLOR
$4,500,000
2 BD · 3 BA · 1,926 sqft · Condo
32 E 22nd Street GARDEN-PARLOR
Listed by: Cote Luxury Real Estate
22
260 PARK Avenue S 10G
$2,600,000
2 BD · 3 BA · 1,340 sqft · Condo
260 PARK Avenue S 10G
Listed by: Corcoran Group
23
6 W 20TH Street 2
$5,500,000
4 BD · 4 BA · 4,400 sqft · Co-op
6 W 20TH Street 2
Listed by: Serhant
19
240 PARK Avenue S 5B
$3,675,000
3 BD · 4 BA · 2,139 sqft · Condo
240 PARK Avenue S 5B
Listed by: Douglas Elliman Real Estate
8
16 W 16TH Street 2KS
$515,000
· 1 BA · Co-op
16 W 16TH Street 2KS
Listed by: Christies International Real Estate New York
7
121 E 23RD Street 10C
$1,995,000
3 BD · 3 BA · 1,600 sqft · Condo
121 E 23RD Street 10C
Listed by: The Agency Brokerage
9
7 E 14TH Street 1610
$1,195,000
1 BD · 1 BA · Co-op
7 E 14TH Street 1610
Listed by: Serhant
21
874 Broadway 701
$2,998,000
1 BD · 2 BA · Co-op
874 Broadway 701
Listed by: Compass
19
540 6th Avenue 7-A
$1,895,000
1 BD · 1 BA · 793 sqft · Condo
540 6th Avenue 7-A
Listed by: POG Real Estate Inc
8
16 W 16TH Street 1UN
$649,000
1 BD · 1 BA · Co-op
16 W 16TH Street 1UN
Listed by: Douglas Elliman Real Estate
8
16 W 16TH Street 12KS
$749,000
1 BD · 1 BA · Co-op
16 W 16TH Street 12KS
Listed by: Douglas Elliman Real Estate
7
16 W 16TH Street 2AS
$799,000
1 BD · 1 BA · Co-op
16 W 16TH Street 2AS
Listed by: Douglas Elliman Real Estate
7
10 W 15TH Street 1021
$940,000
1 BD · 1 BA · Co-op
10 W 15TH Street 1021
Listed by: Corcoran Group
18
21 W 17th Street 4
$2,600,000
3 BD · 2 BA · 1,427 sqft · Condo
21 W 17th Street 4
Listed by: Nest Seekers LLC
9
60 W 20TH Street 5N
$1,275,000
1 BD · 1 BA · 802 sqft · Condo
60 W 20TH Street 5N
Listed by: Douglas Elliman Real Estate
12
39 E 19TH Street 2
$2,100,000
1 BD · 2 BA · 1,350 sqft · Co-op
39 E 19TH Street 2
Listed by: Brown Harris Stevens Residential Sales LLC
19
21 E 22ND Street 2DE
$2,299,000
3 BD · 2 BA · Co-op
21 E 22ND Street 2DE
Listed by: Douglas Elliman Real Estate
17
540 6th Avenue 6E
$2,575,000
2 BD · 2 BA · 1,093 sqft · Condo
540 6th Avenue 6E
Listed by: Compass
19
50 LEXINGTON Avenue 16D
$1,150,000
2 BD · 2 BA · Co-op
50 LEXINGTON Avenue 16D
Listed by: Corcoran Group
8
16 W 19th Street 3D
$1,185,000
1 BD · 1 BA · 908 sqft · Condo
16 W 19th Street 3D
Listed by: Hauseit LLC
12
10 MADISON Square W 14A
$5,795,000
3 BD · 4 BA · 2,205 sqft · Condo
10 MADISON Square W 14A
Listed by: Douglas Elliman Real Estate
4
16 W 16th Street 3HN
$485,000
· 1 BA · Co-op
16 W 16th Street 3HN
Listed by: Compass
10
11 E 29th Street 20A
$2,495,000
2 BD · 3 BA · 1,606 sqft · Condo
11 E 29th Street 20A
Listed by: Nestapple Inc

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.

Nearby Neighborhoods

Flatiron Property Type Pages

Why Work With Milton in Flatiron

25+ years

Experience across NYC

1,100+

NYC transactions

Since 2000

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 Flatiron buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.

Reviews

Milton helped me purchase my first Manhattan condo, and I can't recommend him highly enough. What could have been a stressful process ended up feeling remarkably smooth. From the initial offer through closing, Milton was responsive, knowledgeable, and always willing to take the time to answer questions and explain the details. I always felt informed and supported, but never pressured. If you're looking for a broker who is knowledgeable, trustworthy, responsive, and genuinely invested in helping his clients succeed, I would absolutely recommend Milton.

M
Mr. B
Buyer · Manhattan

Milton was extremely helpful in finding my dream place. He was quick, friendly, and extremely responsive. He made the process so easy for me that it really took a weight off my shoulders. He took his time to work with my schedule and make sure I felt comfortable in my new place. I am really thankful. Highly recommend.

P
Pia P.
Renter · Manhattan

Map

Quarterly report

Manhattan Market Report, 3Q 2026

$1,275,000 median sale price. Download the full report

Related Articles

New This Week in Flatiron

Sale listings that came on the market in the last 7 days.

Homes in Flatiron take a median 77 days to go into contract. Source: RLS/REBNY closed and active listings, April 2, 2026 to October 2, 2026.

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RLS at REBNY

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.

Frequently Asked Questions about Flatiron

Flatiron has 123 active listings for sale on the RLS/REBNY feed right now. Of those that list a bedroom count: 8 studios, 31 one-bedrooms, 34 two-bedrooms and 49 with three or more bedrooms.

Across the 34 two-bedroom apartments listed for sale in Flatiron, the median asking price is $2,510,000, with asking prices from $1,150,000 to $6,000,000. These are RLS/REBNY asking prices, not closing prices.

The median sale price in Flatiron is $2.0M. Condos sit at a median of $2.7M and co-ops at $1.3M. Sale prices are up 18.4% year over year.

Sale listings in Flatiron have a median of 77 days on market (the time from listing to a signed contract, per StreetEasy). That is 3 days faster than the same point a year ago. Roughly 32.2% of active listings have recorded a price cut, suggesting some negotiating room.

Flatiron is broadly balanced right now, with median days on market at 77 days and 32.2% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.

Flatiron offers both co-ops and condos. Condos are the higher-priced segment at a $2.7M median, with co-ops at $1.3M.

Roughly 18 homes change hands each month in Flatiron 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 Flatiron is $6,550/month. Live RLS listings show studios at $4,250, 1-bedrooms at $6,500, 2-bedrooms at $9,550, 3+ bedrooms at $22,500 per month. Rents are up 5.9% year over year.

Median asking rent in Flatiron is currently $45 below the 5-year high set in April 2026. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.

Median asking rent in Flatiron has risen 17.0% 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 Flatiron, median sale prices range across Midtown South at $2.9M, Chelsea at $1.5M, Gramercy Park at $805K, Stuyvesant Town/PCV at $600K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

Flatiron is served by the 1, 2, 3, B, D, F, M, N, Q, R, W trains. The commute to Midtown Manhattan runs roughly 17 minutes from 34 St-Herald Sq.

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 Flatiron, 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 and 1,100+ NYC property transactions across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals, and he works in English and Spanish. Direct: (917) 416-7433. Email: [email protected].

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Milton Coste, Licensed Real Estate Associate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC · NY #10301213304

25+ years of experience and 1,100+ transactions across NYC. Whether you are buying, selling, or leasing in Flatiron, I will guide you every step of the way.

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Get in Touch About Flatiron

You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.

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