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25+ years experience · 1,000+ transactions · 5-star reviews
Manhattan
Manhattan
For buyers focused on affordability, Manhattan has the lower median sale price at $1.1M vs $2.8M in Flatiron.
Investors analyzing rental yield will find Manhattan offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Flatiron, which is served by 11 subway lines compared to 5 in Manhattan.
| Metric | Flatiron | Manhattan |
|---|---|---|
| Median Sale Price | $2,760,000 | $1,129,900 |
| Median Condo Price | $3,600,000 | $1,550,000 |
| Median Co-op Price | $1,775,000 | $865,000 |
| Median Rent | $6,192.5 | $4,750 |
| Active Listings | 245 | 7987 |
| Rental Inventory | 262 | 13608 |
| Days on Market | 107.5 | 64 |
| Price Cut Share | 12.7% | 11.7% |
| Monthly Sales Volume | 16 | 758 |
| YoY Price Change | +68.4% | +2.7% |
| YoY Rent Change | +2.4% | +7.5% |
| YoY Inventory Change | +8.9% | -0.5% |
| Subway Lines | 1 2 3 B D F M N Q R W | 1 2 3 B C |
Prices in Flatiron moved +68.4% over the past year, compared to +2.7% in Manhattan. The +68.4% gain in Flatiron reflects stronger buyer demand relative to available inventory in that market.
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.
View Full Market ReportManhattan is the most densely built borough in New York City, stretching 13 miles from Battery Park to Inwood and encompassing over 70 distinct neighborhoods. The housing stock ranges from prewar co-ops on the Upper East Side to luxury glass-tower condominiums in Hudson Yards, from cast-iron loft conversions in SoHo to brownstone townhouses in Harlem. Fourteen subway lines, the PATH train, and multiple ferry routes provide extensive transit coverage.
View Full Market Report34 St-Herald Sq (B D F M N Q R W) — 0.6 mi
34 St-Penn Station (1 2 3) — 0.7 mi
81 St-Museum of Natural History (B C) — 0.1 mi
86 St (1 B C) — 0.2 mi
79 St (1) — 0.5 mi
72 St (1 2 3 B C) — 0.5 mi
96 St (1 2 3 B C) — 0.7 mi
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.
With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.