Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Flatiron

Manhattan · New York, NY

119 active listings · Median $2.8M

$2.8M
Median Asking
$6,192.5/mo
Median Rent/Mo
245
Active Listings
107.5
Avg Days on Market

Monthly Snapshot

Live from REBNY/RLS

Calculating market narrative...

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Market Pulse — Flatiron

What defines this market

A condo-dominant submarket with moderate rent growth, rising sale prices, and sale listings sitting longer than a year ago.

Common search patterns

negotiating leveragecondo-dominantappreciating sale prices

Median asking rent in Flatiron is $6,193/month, $186 below the 5-year high set in Oct 2025. Rents are up +2.4% year over year and +42.2% over the past 5 years. Median sale price is $2.76M, near a 5-year high. Sale listings are clearing 53 days slower than at this point last year.

Rental snapshot

  • Median asking rent: $6,193/month ($186 below the 5-year high in Oct 2025)
  • Year-over-year rent change: +2.4%
  • 5-year rent change: +42.2%
  • Active rental listings: 262

For-sale snapshot

  • Median sale price: $2.76M
  • Condo vs co-op median: condos $3.60M / co-ops $1.77M
  • Median days on market (sale): 107.5 days (53 days slower than a year ago)
  • Active for-sale listings: 245 (+8.9% YoY)
  • Active listings with a price cut: 12.7%
  • Recent monthly closed sales: 16

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 Mar 2026.

About 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 buildin...

Quick Facts

BoroughManhattan
Zip Codes10010, 10011
Subway1, 2, 3, B, D, F, M, N, Q, R, W trains
Building TypesMixed

Transit, Schools & Commute

Subway Lines:1 2 3 B D F M N Q R W

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)


Nearby Schools

SchoolGradesDist
NYC Lab School for Collaborative Studies6-120.56 mi
NYC Lab School for Collaborative Studies6-120.56 mi
East Side Community High School9-120.93 mi

Market Report

Live data from REBNY/RLS. Updated every 15 minutes.

Median Asking Price
$2,760,000
+68.4% YoY
Median Rent
$6,193/mo
+2.4% YoY
Price per Sq Ft
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Sale-to-List Ratio
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Price Trends

Median closed sale price by month

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Current Inventory Snapshot

Calculating market narrative...

Inventory & Activity
Active Listings245
Pending Sales--
New This Week--
New This Month--
Avg DOM107.5 days
Price Cut Rate12.7%
Recent Sales
Sold Last 30 Days--
Sold Last 90 Days--
Sale-to-List--
Asking Prices
Median Asking$2,760,000
Average Asking--
Median $/SqFt--
Median Condo$3,600,000
Median Co-op$1,775,000
Property Mix
Condo: --Co-op: --Other: --

Price by Bedroom

Based on active listings in Flatiron

TypeActive ListingsMedian PricePrice Range
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Active Listings

Properties in Flatiron

12
69 5th Avenue 14J
$2,500,000
2 BD · 2 BA · Co-op
69 5th Avenue 14J
Listed by: Compass
7
10 W 15TH Street 723
$849,000
1 BD · 1 BA · Co-op
10 W 15TH Street 723
Listed by: The Agency Brokerage
11
16 W 19th Street 7B
$995,000
· 1 BA · 653 sqft · Condo
16 W 19th Street 7B
Listed by: Sothebys International Realty
13
280 Park Avenue S 8K
$1,349,000
1 BD · 1 BA · 750 sqft · Condo
280 Park Avenue S 8K
Listed by: Compass
13
21 E 22nd Street 2K
$1,495,000
2 BD · 1 BA · Co-op
21 E 22nd Street 2K
Listed by: Compass
8
16 W 16th Street 12KN
$1,100,000
1 BD · 1 BA · Co-op
16 W 16th Street 12KN
Listed by: Compass
15
874 BROADWAY 605
$2,500,000
1 BD · 1 BA · Co-op
874 BROADWAY 605
Listed by: Serhant
19
5 E 22ND Street 22P
$4,995,000
3 BD · 3 BA · 1,956 sqft · Condo
5 E 22ND Street 22P
Listed by: Brown Harris Stevens Residential Sales LLC
16
10 MADISON Square W 8G
$5,995,000
3 BD · 4 BA · 2,354 sqft · Condo
10 MADISON Square W 8G
Listed by: Corcoran Group
8
16 W 19th Street 3D
$1,185,000
1 BD · 1 BA · 908 sqft · Condo
16 W 19th Street 3D
Listed by: Hauseit LLC
13
240 PARK Avenue S 3D
$1,895,000
2 BD · 3 BA · 1,200 sqft · Condo
240 PARK Avenue S 3D
Listed by: Douglas Elliman Real Estate
24
23 E 22ND Street 8
$7,995,000
3 BD · 4 BA · 2,723 sqft · Condo
23 E 22ND Street 8
Listed by: Corcoran Group
13
260 Park Avenue S 9-J
$4,995,000
2 BD · 3 BA · 2,525 sqft · Condo
260 Park Avenue S 9-J
Listed by: THE GORA GROUP LLC
15
7 E 20TH Street 6R
$3,000,000
2 BD · 2 BA · Condo
7 E 20TH Street 6R
Listed by: Douglas Elliman Real Estate
15
16 W 16TH Street 7RS
$1,475,000
2 BD · 1 BA · Co-op
16 W 16TH Street 7RS
Listed by: Corcoran Group
13
27 W 19th Street 12th-Floor
$2,650,000
2 BD · 2 BA · 1,379 sqft · Condo
27 W 19th Street 12th-Floor
Listed by: Keller Williams NYC
9
69 5th Avenue 17H
$695,000
· 1 BA · Co-op
69 5th Avenue 17H
Listed by: Compass
19
32 W 18th Street 7B
$5,395,000
3 BD · 4 BA · 3,300 sqft · Condo
32 W 18th Street 7B
Listed by: Compass
20
6 W 20th Street 5th Floor
$8,475,000
4 BD · 5 BA · Co-op
6 W 20th Street 5th Floor
Listed by: CORE Group Marketing LLC
24
10 Madison Square W 11E
$10,000,000
3 BD · 4 BA · 2,347 sqft · Condo
10 Madison Square W 11E
Listed by: Compass
11
60 W 20TH Street PHA
$10,000,000
3 BD · 3 BA · 2,622 sqft · Condo
60 W 20TH Street PHA
Listed by: Corcoran Group
13
7 E 14TH Street 1523
$530,000
1 BD · 1 BA · 498 sqft · Co-op
7 E 14TH Street 1523
Listed by: Corcoran Group
19
60 W 20th Street PHA
$10,000,000
3 BD · 3 BA · 2,622 sqft · Condo
60 W 20th Street PHA
Listed by: Compass
13
10 MADISON Square W 6G
$5,995,000
3 BD · 4 BA · 2,381 sqft · Condo
10 MADISON Square W 6G
Listed by: Corcoran Group
12
85 5th Avenue 8
$8,999,999
· 5 BA · 9,300 sqft · Co-op
85 5th Avenue 8
Listed by: Compass
12
254 PARK Avenue S 3R
$1,050,000
1 BD · 1 BA · Condo
254 PARK Avenue S 3R
Listed by: Brown Harris Stevens Residential Sales LLC
9
5 E 22ND Street 10B
$1,095,000
1 BD · 1 BA · Condo
5 E 22ND Street 10B
Listed by: Brown Harris Stevens Residential Sales LLC
10
16 W 16th Street 6FN
$799,000
· 1 BA · 600 sqft · Co-op
16 W 16th Street 6FN
Listed by: Compass
17
280 Park Avenue S 5L
$1,195,000
1 BD · 1 BA · 750 sqft · Condo
280 Park Avenue S 5L
Listed by: Compass
19
16 W 19th Street 8B
$1,150,000
· 653 sqft · Condo
16 W 19th Street 8B
Listed by: Compass

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.

Nearby Neighborhoods

Flatiron Property Type Pages

Why Work With Milton in Flatiron

25+ years

Experience across NYC

1,000+

Transactions closed

Since 2000

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.

Reviews

"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."

JR
Verified Buyer
Google Review

"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."

MC
Verified Seller
Zillow Review

Map

Related Articles

New This Week in Flatiron

Sale listings that came on the market in the last 7 days.

Homes in Flatiron take a median 108 days to sell. Source: StreetEasy market data.

RLS at REBNY

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.

Frequently Asked Questions about Flatiron

The median sale price in Flatiron is $2.8M. Condos sit at a median of $3.6M and co-ops at $1.8M. Year-over-year price comparisons swing meaningfully when monthly closed-sale counts are low, so a single recent month is best read alongside the longer-term price trend.

Yes. The median sale price in Flatiron sits within a few percent of the 5-year high. Pricing is firm and listings priced near the comparable median tend to clear with limited room for negotiation.

Sale listings in Flatiron have a median of 107.5 days on market. That is 53 days slower than the same point a year ago. Roughly 12.7% of active listings have recorded a price cut, suggesting some negotiating room.

Flatiron is currently tilting toward buyers. Median days on market is 107.5 days and roughly 12.7% of active listings have recorded a price cut, both indicating room to negotiate.

Flatiron offers both co-ops and condos. Condos are the higher-priced segment at a $3.6M median, with co-ops at $1.8M.

Roughly 16 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 $6,193/month. Live RLS listings show studios at $4,450, 1-bedrooms at $6,900, 3+ bedrooms at $22,000 per month. Rents are up 2.4% year over year.

Median asking rent in Flatiron is currently $186 below the 5-year high set in October 2025. 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 42.2% 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 Flatiron, median sale prices range across Chelsea at $1.3M, Gramercy Park at $1.2M, Midtown South at $850K. 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: mcoste@kwnyc.com.

How I Can Help in Flatiron

Milton Coste, Licensed Real Estate Associate Broker

Milton Coste

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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