Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Central Park South vs Flatiron

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

Manhattan|Manhattan

Central Park South

Manhattan

Flatiron

Manhattan

How They Compare

For buyers focused on affordability, Central Park South has the lower median sale price at $1.1M vs $2.8M in Flatiron.

Investors analyzing rental yield will find Central Park South offers a stronger rent-to-price ratio based on current market data.

Commuters have more transit options in Central Park South, which is served by 15 subway lines compared to 11 in Flatiron.

Median Sale Price
$1.1M
$2.8M
Median Rent
$12K
$6K
Active Listings
74
245
Avg Days on Market
80.5 days
107.5 days
YoY Price Change
-57.9%
+68.4%
Monthly Sales Volume
2
16

Detailed Comparison

MetricCentral Park SouthFlatiron
Median Sale Price$1,072,500$2,760,000
Median Condo PriceN/A$3,600,000
Median Co-op Price$1,900,000$1,775,000
Median Rent$12,000$6,192.5
Active Listings74245
Rental Inventory50262
Days on Market80.5107.5
Price Cut Share17.6%12.7%
Monthly Sales Volume216
YoY Price Change-57.9%+68.4%
YoY Rent Change+50.1%+2.4%
YoY Inventory Change+12.1%+8.9%
Subway Lines1 4 5 6 A B C D E F M N Q R W1 2 3 B D F M N Q R W

Year-Over-Year Price Movement

Prices in Central Park South moved -57.9% over the past year, compared to +68.4% in Flatiron. Flatiron is seeing price appreciation while Central Park South has softened, pointing to different supply-demand dynamics in each market.

Neighborhood Profiles

Central Park South

Central Park South is one of the most recognized and sought-after residential stretches in the world. Often associated with 'Billionaires' Row,' the neighborhood offers unparalleled, unobstructed views of Central Park. The real estate market is a mix of legendary pre-war cooperatives, historic hotels-turned-residences, and soaring ultra-luxury glass towers that provide the pinnacle of New York City living and white-glove service.

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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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Transit Access

Central Park South

1456ABCDEFMNQRW

57 St (F N Q R W) — 0.1 mi

59 St-Columbus Circle (1 A B C D) — 0.3 mi

5 Av/53 St (E M) — 0.4 mi

66 St-Lincoln Center (1) — 0.6 mi

59 St (4 5 6) — 0.7 mi

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

Active Listings

Central Park South for sale

View all Central Park South listings

Flatiron for sale

View all Flatiron listings

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.

Frequently Asked Questions

Is Central Park South cheaper than Flatiron?
Yes, Central Park South has a lower median sale price at $1,072,500 compared to $2,760,000 in Flatiron as of the most recent market data. Co-op and condo prices within each neighborhood can vary significantly, so the right fit depends on property type and building.
Which has better transit, Central Park South or Flatiron?
Central Park South has access to 15 subway lines and Flatiron has 11, making Central Park South the stronger option for transit access. Flatiron has 11 lines, which may still cover your commute depending on your destination.
Which is better for families, Central Park South or Flatiron?
This depends on what type of home fits your household. Central Park South and Flatiron both offer a mix of apartment and multi-room units in co-ops, condos, and townhouses. Larger 3- and 4-bedroom units, including townhouses and multi-family properties, tend to be more available in lower-density areas. Reviewing active listings filtered by bedroom count is the most reliable way to see what each neighborhood currently offers for larger households. A licensed broker can pull current inventory by bedroom count across both areas for a direct comparison.
Should I buy in Central Park South or Flatiron?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Central Park South and Flatiron gives you the clearest picture of what your budget gets in each location. Request a free CMA from Milton Coste to get a side-by-side breakdown of current opportunities.

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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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