$823,507Average Value$1,117Average Price per Sq Ft9Homes For Sale
With its massive digital billboards, Broadway theaters and constant crowds, Times Square is mostly thought of as a tourist hub. But many New Yorkers choose to make their home—or second home—here, even if the number of residential buildings is rather limited. “You feel enlivened when you walk out the door,” says Benita Greer, who moved with her husband Ed, a retired lawyer, to the Times Square area 18 years ago. “It really has everything. We take the subway system right near our house, but mostly we walk, that’s what we like the most.”
Times Square bustles with tourists.
Large digital billboards distinguish the Times Square area.
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Numerous restaurant options, plus Food Emporium and Whole Foods
“Because of the businesses and the tourists, they do open a lot of new restaurants in the Times Square area,” Greer says. Along with the many eateries that cater to theater-going crowds—namely those along Restaurant Row—some have a more local vibe, including Le Marais and Empire Steak House for choice cuts, Mermaid Oyster Bar for seafood and Don Antonio for Naples-style pizzas. The trendy Rum House offers cocktails and nightly live music, while pubs like The Long Acre Tavern are gathering spots on game days. Delis and pharmacies conveniently dot the area and groceries can be found nearby at Food Emporium on Eighth Avenue and Whole Foods at Sixth Avenue, across from Bryant Park. Many clothing and accessories stores, including Sephora, line Seventh Avenue and Broadway, in the heart of Times Square, though they are often jam-packed with tourists.
Whole Food Market is nearby, close to Bryant Park.
The Food Emporium offers groceries.
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Central Midtown location, but few condo buildings
Proximity to Midtown gives Times Square a uniquely accessible location, however there are a limited number of rentals and even fewer condos. Luxury condo towers include the 43-story Platinum building on West 46th Street, where two-bedrooms run around $2.2 million and 1600 Broadway on the Square, a 25-story condo building directly above the M&M’s store, with two-bedroom units priced around $1.5 million. “The area is really popular for investors and pied-à-terre buyers,” says Katherine Salyi, an associate broker at Sotheby’s International Realty who has been working in New York City real estate since 2000. “It’s a great neighborhood to be in if you want to have access to the cultural institutions that the Times Square area offers.” The Executive Plaza on West 51st Street has a mix of condo and rental units; one-bedroom condos typically are priced at $760,000, and neighbors might be corporate business travelers.
High-rise buildings offer mostly rentals.
There are a few luxury condo towers near Times Square.
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Annual events, including New Year’s Eve
Times Square has a constant hum of activity and a few massive annual events. It’s estimated that the Times Square Ball Drop on New Year’s Eve draws a million people to the area, with millions more watching on TV. In June, Pride floats and performances take place along Broadway, and during Solstice, yoga classes take over the Broadway pedestrian plazas.
Crowds are found in Times Square day and night.
Broadway theaters and shops attract visitors.
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Outdoor activities at Bryant Park
While the neighborhood is constantly bustling, reprieve can be found in nearby Bryant Park. Here office workers enjoy lunches at tables while people play at ping pong tables. In warm months, boot camp and yoga classes are offered, as well as regular concerts, movie nights and dance events.
Outdoor activities are found at Bryant Park.
People utilize Bryant Park for outdoor lunches.
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Many subway lines, plus the Times Square Shuttle
A subway hub at West 42nd Street and Seventh Avenue makes Times Square extremely well-connected to the rest of the city. Multiple train lines converge here, as well as the Times Square Shuttle, which runs back and forth to Grand Central Station. Access to the A, C and E trains runs along Eighth Avenue.
Times Square-42nd Street offers a subway hub.
Multiple trains give access to Manhattan.
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Highly rated schools and a focus on the arts
PS 111 Adolph S Ochs serves pre-K through fifth grades and receives an A from Niche. Middle 297 is in the top 10% of best public middle schools in New York and also gets an A from Niche. Students with a passion for the arts can audition for the Repertory Company High School for the Theatre Arts, which produces musicals and student productions.
Light pollution and crowds are to be expected
The area’s massive digital billboards emit light 24-7 and the excessive light pollution should be taken into consideration. Heavy pedestrian congestion and high noise levels are also daily realities for much of the area. Crowds regularly gather outside of theaters, and it’s not unusual to have to snake through throngs of people in a single-file line along sidewalks.
Visitors flock to Broadway theaters in Times Square.
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
Ken Laino,
an experienced agent in this neighborhood.
Parks in this Area
Ramon Aponte Park
Playground
Waterpark
MMC Plaza
Picnic Area
Bryant Park
Events
Ice Skating Rink
745 Plaza
Picnic Area
McCaffrey Playground
Basketball
Playground
Waterpark
Three Bryant Park
Picnic Area
Transit
Airport
Laguardia
18 min drive
Subway
Times Square-42 Street
Subway
42 Street-Port Authority Bus Terminal
Subway
49 Street
Subway
50 Street (1,2 Line)
Subway
42 Street-Bryant Park
Bus
W 42nd St & 7th Ave
Bus
8 Av & W 46 St
Bus
8 Av & W 49 St
Bus
7 Av & W 44 St
Bus
W 50 St & 8 Av
Bus
8 Av & W 43 St
Bus
W 42 St & Av Of The Americas
Crime and Safety
1 - Low Crime, 10 - High Crime
Times Square
US
Homicide
4
4
Sexual Assault
7
4
Assault with Weapon
6
4
Robbery
8
4
Burglary
5
4
Motor Vehicle Theft
3
4
Larceny
7
4
Crime Score
6
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Times Square, Manhattan sell after 108 days on the market compared to the national average of 47 days. The average sale price for homes in Times Square, Manhattan over the last 12 months is $807,090, down 41% from the average home sale price over the previous 12 months.
4 ROOMS 1 BR CONDO with SEPARATE WINDOWED HOME OFFICE HEART OF THEATRE DISTRICT DRMN Large 1 Bedroom CONDO with separate windowed home office/small guest room with custom made translucent sliding door. Corner Living room. Modern open concept kitchen with Subzero, Miele and Bosch appliances. Personal WASHER/DRYER in apartment. Primary bedroom has a walk-out balcony. Spacious
High-Floor 2 Bedroom + Home Office with Time Square Views.This sun filled 2-Bedroom + Home office ( convertible 3rd bedroom ) Offer 1329 ft. of sleek city living with floor to ceiling windows, framing, Time Square.Featured in top architectural magazine for its custom design, this smartly, configured home blends style and function. The open chef's kitchen boasts granite countertops, A full height,
Spacious one bedroom in the heart of midtown west. Just steps away from Rockefeller Center and the Theater District. This is a spectacular Pied a Terre option. This is a quiet unit with ample light and a very large bedroom.Great investment, on site management available to rent apartment furnished, short and long term to give you the best return. Access to many corporations looking for
Experience luxury living at 1600 Broadway on the Square in the heart of the Theater District. This turnkey 2-bed, 2-bath residence offers 1,329 sq ft of comfort and natural light, with in-unit washer/dryer. The open kitchen features granite countertops, full-height glass backsplashes, and top-tier Miele, Bosch, and Sub-Zero appliances. The living room, with floor-to-ceiling
A rare opportunity to own a fully gut-renovated 1-bedroom condo at 150 West 51st Street in the heart of Midtown Manhattan! Ideal for turnkey investment, owner-occupancy, or a mix of both, this apartment is located in a building that permits short-term furnished rentals (30+ day leases)—a highly sought-after feature in NYC.Step into a luxurious, move-in-ready home featuring a brand-new
The advertised rate of $5,540/month is the lowest available price, based on a 12 month(s) and 0 day(s) stay with a move-in date of June 11, 2025. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing, please visit our website and enter your desired move-in and move-out dates.Additional pricing info: (1) price quoted is for rent only, (2) this rate
Fully Renovated 9th Floor Midtown West 3BR Home! Doorman, Elevator & Laundry On-Site!Classic Pre-War three-bedroom home thats been meticulously renovated with lots of charming details. Your new home features a beautifully updated kitchen with stainless steel appliances (including a dishwasher!), high ceilings, gleaming hardwood floors, queen-sized bedrooms, a gorgeous bathroom,
The advertised rate of $5,260/month is the lowest available price, based on a 6 month(s) and 25 day(s) stay with a move-in date of August 24, 2025. If you’re looking for a 1-year stay, the rate is $5,440/month.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing, please visit our website and enter your desired move-in and move-out dates.Additional
Interested in learning more about homes in this area?
Reach out to
Ken Laino,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
5,858
Median Age
39
Population Density
45 ppl/acre
Population under 18
14.7%
Below the national average
23.8%
Population over 65
17.8%
On par with the national average
19.1%
Finances
Median Household Income
$61,176
Below the national average
$71,702
Average Household Income
$122,438
Education and Workforce
High School Graduates
91.7%
College Graduates
62.1%
Significantly above the national average
34.1%
Advanced Degrees
30.5%
Above the national average
13.3%
% Population in Labor Force
65.4%
Weather
Annual Precipitation
50''
Average Winter Low Temperature
28°F
Average Summer High Temperature
85°F
Annual Snowfall
18''
Area Factors
Biker's Paradise
Bike Score®
93/ 100
Walker's Paradise
Walk Score®
100/ 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.
