Manhattan · New York, NY
32 active listings · Median $835K
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A condo-dominant submarket with strong rent growth, sale values below the 5-year high, and sale listings sitting longer than a year ago.
Median asking rent in Midtown West is $4,995/month, $5 below the 5-year high set in Aug 2026. Rents are up +7.4% year over year and +28.2% over the past 5 years. Median sale price stands at $835K, 47.8% below the 5-year high recorded in Feb 2022. Sale prices are down -7.2% year over year. Sale listings are clearing 96 days slower than at this point last 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 Sep 2026.
Midtown West is a Manhattan neighborhood adjacent to Times Square, Broadway, and the Hudson River. Housing stock ranges from historic pre-war cooperatives to newer condominium towers, with dense subway coverage via the A/C/E, 1/2/3, and N/Q/R/W lines.
In my 25+ years selling real estate across New York City, I use this Midtown West data in real negotiations, not just for a web page.
Stations: Times Sq-42 St (0.17 mi), 42 St-Port Authority (0.25 mi), 57 St (0.52 mi), 5 Av/53 St (0.56 mi), 34 St-Penn Station (0.56 mi)
Midtown: 8 min (1 local from Times Sq-42 St)
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
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Midtown West appeals to investors and owner-occupants seeking premium Manhattan locations near Central Park. Strong corporate demand and cultural institutions support active buyer market.
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Calculating market narrative...
| Inventory & Activity | |
| Active Listings | 425 |
| Pending Sales | 14 |
| New This Week | 2 |
| New This Month | 6 |
| Avg DOM | 153 days |
| Price Cut Rate | 12.5% |
| Recent Sales | |
| Sold Last 30 Days | 1 |
| Sold Last 90 Days | 6 |
| Sale-to-List | 93.0% |
| Asking Prices | |
| Median Asking | $835,000 |
| Average Asking | $5,641,953 |
| Median $/SqFt | $1,505 |
| Median Condo Ask | $1,925,000 |
| Median Co-op Ask | $445,000 |
Based on active listings in Midtown West
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Studio | 4 | too few | $350K - $670K |
| 1 Bedroom | 14 | $874,500 | $475K - $2.00M |
| 2 Bedrooms | 6 | $2,615,000 | $1.75M - $6.50M |
| 3+ Bedrooms | 8 | $15,995,750 | $2.90M - $48.80M |
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Properties in Midtown West
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
NYC transactions
Transactions in Midtown West
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 Midtown West buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
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.
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.
Quarterly report
Manhattan Market Report, 3Q 2026
$1,275,000 median sale price. Download the full report
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.
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Roughly 1 in 8 co-op board applications gets rejected. Here's how to prepare your package and ace the interview.
Sale listings that came on the market in the last 7 days.
Homes in Midtown West take a median 153 days to go into contract. Source: StreetEasy market data.
1600 Broadway #6-B
Midtown West
Priced in line with the neighborhood 1-bedroom condo median of $874,500.
400 5th Avenue #45G
Midtown West
A 1,637 sq ft condo in Midtown West.
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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.
The median sale price in Midtown West is $835K. Condos sit at a median of $1.9M and co-ops at $445K. Sale prices are down 7.2% year over year.
No. The median sale price in Midtown West is currently 47.8% below the 5-year high recorded in February 2022. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in Midtown West have a median of 153 days on market. That is 96 days slower than the same point a year ago. Roughly 12.5% of active listings have recorded a price cut, suggesting some negotiating room.
Midtown West is currently tilting toward buyers. Median days on market is 153 days and roughly 12.5% of active listings have recorded a price cut, both indicating room to negotiate.
Midtown West offers both co-ops and condos. Condos are the higher-priced segment at a $1.9M median, with co-ops at $445K.
Roughly 25 homes change hands each month in Midtown West 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 Midtown West is $4,995/month. Live RLS listings show studios at $4,214, 1-bedrooms at $4,325, 2-bedrooms at $5,698, 3+ bedrooms at $21,550 per month. Rents are up 7.4% year over year.
Median asking rent in Midtown West is currently $5 below the 5-year high set in August 2026. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.
Median asking rent in Midtown West has risen 28.2% 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 Midtown West, median sale prices range across Midtown South at $2.9M, Central Park South at $2.5M, Midtown at $1.6M, Midtown East at $975K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Midtown West is served by the 1, 2, 3, 7, A, C, E, F, M, N, Q, R, S, W trains. The commute to Midtown Manhattan runs roughly 8 minutes from Times Sq-42 St.
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 Midtown West, 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: milton@miltoncoste.com.
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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 Midtown West, I will guide you every step of the way.
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