$1,996,371Average Value$2,159Average Price per Sq Ft146Homes For Sale
Legendary commercial area now a destination for homebuyers
Office buildings tower over Midtown East, with glass skyscrapers next to iconic buildings from the early 20th century, like the Chrysler Building. The area offers gourmet restaurants and high-end shopping, but has fewer essentials than other parts of Midtown. It has only recently become a popular place to live. “It’s now a destination,” says Suzan Kremer, a Douglas Elliman broker who has been working in the area since 2008. It's not as touristy as some of its neighbors, although they flock to Grand Central Terminal, at the southern edge of the neighborhood.
Chrysler Building is one of the icons of NYC, located in Midtown East.
World famous Grand Central Terminal in Midtown East.
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Michelin-starred restaurants and Madison Avenue shopping
Midtown East is home to legendary restaurants such as the subterranean Grand Central Oyster Bar, with its arched ceilings, or La Grenouille, an upscale French eatery that’s been in business for over 60 years. For a Nordic-inspired, seafood-heavy menu, there’s Michelin-starred Aquavit, and Bobby Van’s is a destination for steaks in the landmarked Helmsley Building. The neighborhood is also famous for its boutiques and department stores. Brands like Celine and Fendi line Madison Avenue, while Fifth Avenue is home to flagship stores like Saks Fifth Avenue and Tiffany & Co. Ultralux stores such as Dior, Burberry and Yves Saint Laurent can be found on East 57th Street. Daily essentials are harder to find, but Whole Foods and Morton Williams both have locations on Second Avenue. There are food halls like Urbanspace in the neighborhood, and several fast-casual restaurants at Grand Central.
Friends meet outside the New York Public Library in Midtown East.
Commuters have a drink and laugh before heading home from Grand Central Station in Midtown East.
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From hotel living to new highrises
Midtown East’s side streets are quieter than the avenues, offering a more residential vibe. “There are so many new highrises. The versatility and the array of property and opportunity is tremendous,” Kremer says. “Some people want views. And then there are people who want privacy and don’t want that doorman. Others really love hotel living, where they have all the services.” Places like The Towers of the Waldorf Astoria, The Plaza Hotel and The St. Regis Residences give residents all the services of a hotel at home, from cleaning to room service. Views and contemporary living can be found in new towers such as The Centrale on East 50th Street. A studio in a co-op in the neighborhood starts around $350,000, with a studio in a condo going for more like $650,000. A three-bedroom co-op ranges from $1.2 million to $3 million and up, while a condo of the same size starts at $5 million. There are also super high-end residences, such as 432 Park Avenue, where a penthouse was asking $105 million in June 2024.
Watertown Plaza in Midtown East has a mix of residential and commercial buildings.
Rows of homes with classic architecture can be found in Midtown East.
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Walkable to Central Park and Bryant Park
Central Park is just north of Midtown East, with the zoo, the walking paths and pond of the Hallett Nature Sanctuary nearby. Bryant Park, which offers tables and chairs, summer activities and a winter market, is at the southern end of the neighborhood. It's right next to the main branch of the New York Public Library on Fifth Avenue, a Beaux-Arts landmark dating to 1911. Patience and Fortitude, a pair of marble lions, flank its entrance.
Central Park's trees create a beautiful scenery to bask in and enjoy.
There are always local events and gatherings at Bryant Park in Midtown East.
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The St. Patrick’s Day Parade
The New York City Saint Patrick’s Day Parade, the largest and oldest in the world, marches along Fifth Avenue every year, passing the cathedral with the same name. Approximately 150,000 people participate, and about 2 million come out to watch.
Connect to the City from Grand Central Terminal
Grand Central Terminal connects residents to the rest of the city, including John F. Kennedy Airport, and is a major hub for commuters. A number of subways serve the area, including the 4, 5 and 6 trains and the E and F. There are also several buses in the neighborhood.
Subway gets you where you need to go in Midtown East and the rest of New York City.
Stairs lead down to the subway interest in Midtown East.
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A business-oriented high school
Students can attend the modern P.S. 59 Beekman Hill International School from pre-kindergarten through fifth grade, which gets an A rating from Niche. From sixth to eighth grades, A-rated J.H.S. 104 - Simon Baruch is an option, and high schoolers can attend C-plus-rated Jacqueline Kennedy-Onassis High School on West 46th Street, a magnet school for students interested in business careers.
Experience holistic education at Simon Baruch Middle School 104 in Gramercy Park.
Jacqueline Kennedy-Onassis High School is a magnet school for students interested in business.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Eric Thai,
an experienced agent in this neighborhood.
Parks in this Area
Channel Gardens
Picnic Area
Nature Center
Greenacre Park
Picnic Area
Nature Center
MMC Plaza
Picnic Area
Central Park
50th Street Commons
Picnic Area
Bryant Park
Events
Ice Skating Rink
Tramway Plaza
Picnic Area
Grand Army Plaza
Transit
Airport
Laguardia
16 min drive
Subway
Grand Central-42 Street
Train
Grand Central Terminal
Subway
Lexington Avenue-53 Street
Subway
5 Avenue-53 Street
Subway
51 Street
Bus
Madison Av & E 54 St
Bus
Lexington Av & E 59 St
Bus
Madison Av & E 55 St
Bus
Madison Av & E 42 St
Bus
Lexington Av & E 50 St
Bus
E 59 St & Madison Av
Bus
E 57 St & Park Av
Crime and Safety
1 - Low Crime, 10 - High Crime
Midtown East
US
Homicide
2
4
Sexual Assault
3
4
Assault with Weapon
3
4
Robbery
5
4
Burglary
4
4
Motor Vehicle Theft
2
4
Larceny
6
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Midtown East, Manhattan sell after 131 days on the market compared to the national average of 47 days. The average sale price for homes in Midtown East, Manhattan over the last 12 months is $2,316,980, down 35% from the average home sale price over the previous 12 months.
Welcome to this stylish and spacious two-bedroom apartment in the heart of Midtown East, offering the perfect blend of comfort, convenience, and modern design. Bathed in warm eastern light, this approx. 1,000 sq ft home features a smart layout with a converted dining area that serves perfectly as a second bedroom, guest space, or home office. The renovated kitchen is a chef's
Immediate Occupancy. Introducing Monogram New York, Manhattan's newest collection of luxury residences nestled in the heart of the city's New Midtown at 135 East 47th Street. This collection of meticulously designed condominium homes draws inspiration from the timeless allure of classic New York City glamour fused with a distinctly modern perspective. Welcome home to Monogram New
Immediate Occupancy. Introducing Monogram New York, Manhattan's newest collection of luxury residences nestled in the heart of the city's New Midtown at 135 East 47th Street. This collection of meticulously designed condominium homes draws inspiration from the timeless allure of classic New York City glamour fused with a distinctly modern perspective. Welcome home to Monogram New
Serene, Sophisticated, Urban Oasis! Welcome to your fully renovated, fully furnished, turn-key dream home at the incomparable Olympic Tower! Elegance in this stunning property eagerly awaits someone who appreciates the epitome of refined living. Nestled in the dynamic neighborhood of Fifth Avenue in Midtown Manhattan, this home seamlessly combines luxury, comfort and functionality to
SEARCH NO MORE. COME AND GET THIS GREAT VALUE.The location, situated between Lexington and Third Avenue, is brilliantly and conveniently located in the heart of New York City, making it an exceptional residence in a beautiful pre-war, full-time doorman building. This lovely apartment features everything one could need from a primary residence or a second home in New York City.A fabulous alcove
As shown in the first picture which is virtually staged, you will notice the exceptional floorplan of the apartment as you can easily define the space with your furniture layout. Upon entering the foyer of this alcove studio corner apartment, you are immediately drawn to the natural light that is illuminating through four windows evenly spaced on the north and east side of the apartment.
FOUND Study Midtown offers students and interns fully furnished, turn-key private and shared units in our centrally located living community. Residents enjoy communal amenities, including 24-hour security, high-speed internet, on-site laundry, study lounges and a large communal kitchen and dining room.FOUND Study Midtown boasts the most accessible transportation network in Manhattan. The
This corner 1BR/1BA unit has spectacular East River and southern views that overlook The Chrysler Building. Apartment features corner living room windows, a gourmet pass through windowed kitchen, a flexible layout with space for a dedicated dining or home office area, and wood floors through out.The Metropolis offers an in-building laundry room located on the 5th floor for your convenience and
Interested in learning more about homes in this area?
Reach out to
Eric Thai,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
7,083
Median Age
41
Population Density
31 ppl/acre
Population under 18
13.8%
Below the national average
23.8%
Population over 65
21.8%
On par with the national average
19.1%
Finances
Median Household Income
$136,469
Significantly above the national average
$71,702
Average Household Income
$165,556
Education and Workforce
High School Graduates
98.3%
College Graduates
86.6%
Significantly above the national average
34.1%
Advanced Degrees
40.4%
Significantly above the national average
13.3%
% Population in Labor Force
74.7%
Weather
Annual Precipitation
50''
Average Winter Low Temperature
28°F
Average Summer High Temperature
85°F
Annual Snowfall
10''
Area Factors
Very Bikeable
Bike Score®
84/ 100
Walker's Paradise
Walk Score®
96/ 100
Rider's Paradise
Transit Score®
100/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
