Flatiron

Price against what has actually closed, not what is asking. Flatiron’s median recorded sale over the last 90 days was $2M, and sellers there are getting about 96% of their last asking price. Flatiron buyers pay for volume and openness. Floor plans and photography must make light and ceiling height obvious.

As of September 2026, the market in Flatiron is roughly balanced: homes take about 86 days to sell (5 days faster than Manhattan overall), and 9% of listings have taken a price cut. Inventory is up 9.1% year over year.

In most cases it is price relative to the comps, then presentation, then exposure. Flatiron currently averages 86 days on market and 9% of listings have cut their price — if yours sat far longer than that, the market was telling you the number or the presentation was off.

You will need a real estate attorney, accurate pricing from recorded sales, professional photos and a floor plan, listings on portals that accept owner listings, a way to screen buyers’ finances, and for co-ops, a complete board package. Expect to handle showings and negotiations yourself.

The median asking rent in Flatiron is $6,530 a month as of September 2026: about $4,722 for a studio, $6,473 for a one-bedroom, $9,719 for a two-bedroom and $12,307 for three bedrooms or more. Your building, condition and light move the number.

There are about 248 homes for sale in Flatiron, with a median asking price of $2.28M — $1.35M for co-ops and $2.84M for condos. Tell us your budget, size and timing and we’ll send a curated list, including off-market and recently expired listings.

The median sale price in Flatiron is $1.94M on StreetEasy’s three-month average through September 2026, up 14.9% year over year. City records show a median recorded sale of $2M over the last 90 days.

Madison Square Park, Union Square and the Ladies’ Mile historic district. Flatiron’s former commercial buildings became wide, high-ceilinged lofts in one of Manhattan’s best-connected locations. It runs roughly West 14th Street to West 28th Street, from Sixth Avenue to Park Avenue South, including Madison Square and NoMad. Median rent is $6,530 and the median sale price is $1.94M.

The top tier in Flatiron combines full service, privacy and exceptional light. Loft co-ops and condominiums in converted commercial buildings, plus newer luxury condominiums around Madison Square Park. Recorded sales show 34 closings at $5 million or more in the past year.

The person with legal authority — an agent under a power of attorney while your parent is living, or the executor after a death — signs the sale. Gather the deed or co-op stock certificate, the proprietary lease, recent statements and the building’s contacts, and bring in an estate attorney early.