Manhattan
Manhattan
For buyers focused on affordability, Flatiron has the lower median sale price at $2.8M vs $3.8M in Soho.
| Metric | Flatiron | Soho |
|---|---|---|
| Median Sale Price | $2,760,000 | $3,805,000 |
| Median Condo Price | $3,600,000 | $3,049,999.5 |
| Median Co-op Price | $1,775,000 | $3,675,000 |
| Median Rent | $6,192.5 | $8,495 |
| Active Listings | 245 | 145 |
| Rental Inventory | 262 | 147 |
| Days on Market | 107.5 | 72 |
| Price Cut Share | 12.7% | 12.4% |
| Monthly Sales Volume | 16 | 12 |
| YoY Price Change | +68.4% | +25.5% |
| YoY Rent Change | +2.4% | +14.0% |
| YoY Inventory Change | +8.9% | +0.7% |
| Subway Lines | 1 2 3 B D F M N Q R W | 1 6 A C E J N Q R W Z |
Prices in Flatiron moved +68.4% over the past year, compared to +25.5% in Soho. 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 ReportSoHo contains the world's largest concentration of cast-iron architecture, with approximately 250 landmarked buildings within the SoHo-Cast Iron Historic District. The housing stock centers on spacious loft conversions with high ceilings and oversized windows, alongside luxury condominiums and pre-war walk-ups, served by the C, E, N, Q, R, W, 1, 4, and 6 trains. The cobblestone streets and commercial corridors along Broadway, West Broadway, and Prince Street define one of Manhattan's most architecturally distinctive neighborhoods.
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
Canal St (1 6 A C E J N Q R W Z) — 0.1 mi
Spring St (6 C E) — 0.2 mi
Prince St (N R W) — 0.3 mi
Franklin St (1) — 0.3 mi
Bowery (J Z) — 0.5 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.
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