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25+ years experience · 1,000+ transactions · 5-star reviews
Manhattan · New York, NY
0 active listings · Median $1.5M
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A condo-dominant submarket with moderate rent growth and sale values below the 5-year high.
Median asking rent in Flatiron is $6,593/month, $2 below the 5-year high set in Apr 2026. Rents are up +4.2% year over year and +24.4% over the past 5 years. Median sale price stands at $1.51M, 42.7% below the 5-year high recorded in Jan 2024. Sale prices are up +1.0% 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.
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.
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)
| School | Grades | Dist |
|---|---|---|
| NYC Lab School for Collaborative Studies | 6-12 | 0.56 mi |
| NYC Lab School for Collaborative Studies | 6-12 | 0.56 mi |
| East Side Community High School | 9-12 | 0.93 mi |
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
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| Inventory & Activity | |
| Active Listings | 296 |
| Pending Sales | 120 |
| New This Week | 3 |
| New This Month | 22 |
| Avg DOM | 57 days |
| Price Cut Rate | 13.9% |
| Recent Sales | |
| Sold Last 30 Days | 25 |
| Sold Last 90 Days | 53 |
| Sale-to-List | 91.0% |
| Asking Prices | |
| Median Asking | $1,515,000 |
| Average Asking | $4,113,651 |
| Median $/SqFt | $1,815 |
| Median Condo | $1,950,000 |
| Median Co-op | $800,000 |
Based on active listings in Flatiron
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Studio | 9 | $699,000 | $489K - $9.00M |
| 1 Bedroom | 32 | $1,190,000 | $530K - $5.00M |
| 2 Bedrooms | 29 | $2,200,000 | $1.20M - $6.50M |
| 3+ Bedrooms | 36 | $5,885,000 | $2.50M - $39.75M |
View active listings by size:
Properties in Flatiron
No listings currently available. Contact Milton
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
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.
"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."
LA buyers moving to NYC discover that eliminating a car saves $12,000-$15,000 a year, which covers most of the mortgage premium on a NYC co-op or condo. Here is how the math actually works.
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.
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The median sale price in Flatiron is $1.5M. Condos sit at a median of $1.9M and co-ops at $800K. Sale prices are up 1.0% year over year.
No. The median sale price in Flatiron is currently 42.7% below the 5-year high recorded in January 2024. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in Flatiron have a median of 57 days on market. Roughly 13.9% of active listings have recorded a price cut, suggesting some negotiating room.
Flatiron is broadly balanced right now, with median days on market at 57 days and 13.9% 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 $1.9M median, with co-ops at $800K.
Roughly 19 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 $6,593/month. Rents are up 4.2% year over year.
Median asking rent in Flatiron is currently $2 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 24.4% 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 Chelsea at $1.4M, Midtown South at $765K, Gramercy Park at $730K, 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 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 Flatiron, I will guide you every step of the way.
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