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Midtown South

Midtown South

Urban Core Neighborhood in Manhattan, New York

New York County 10001, 10016

$1,732,636 Average Value
$1,969 Average Price per Sq Ft
18 Homes For Sale

Central shopping, dining, entertainment and transportation

Midtown South includes some of New York’s best attractions. The iconic Empire State Building holds sway over an ever-changing skyline while the city’s main transit hub Penn Station and one of its top entertainment venues Madison Square Garden draw-in the hundreds of thousands. Koreatown has specialized retail stores, restaurants and karaoke. New condo buildings make the most of these amenities and have proximity to all other popular parts of town. “It’s the new center of high-rise living. You’re really in the middle of everything and have quick access to offices in all directions,” says Leonard Inzirillo, an agent with Douglas Elliman specializing in the area.

The Empire State Building serves as a beacon for Midtown South.
The Empire State Building serves as a beacon for Midtown South.
Madison House in Midtown South provides views of the entire city.
Madison House in Midtown South provides views of the entire city.
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Multicultural eateries and luxury retailers

Koreatown is a distinct two-block district with popular restaurants and retail. Baekjeong is one of the best Korean barbeque joints in the city. The mingling scents of fried chicken and Korean beer can be experienced at Let's Meat while kimchi pancakes are a must at Osamil. Karaoke bars like Space can be found throughout. H Mart stocks groceries and other essentials. Taking pride of place on Broadway, Macy’s first opened in 1901 and is still the largest upscale department store of its kind. The B&H Photo megastore on 9th Avenue is a vital resource for all New York photographers and videographers. Nearby Hudson Yards is home to a multi-level luxury mall with restaurants including celebrity chef-run Mercado Little Spain.

Koreatown Shopping Court in Midtown South  is popular among tourists and locals.
Koreatown Shopping Court in Midtown South is popular among tourists and locals.
Macy's Flagship store is in Midtown South.
Macy's Flagship store is in Midtown South.
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New high-rise condos with ample amenities

Though dominated by rental units, the area hosts a handful of new and recently updated high-rise condo towers. Two bedrooms range from $1.5 Million to $3.7 Million, depending on square footage and views. Most of these full-service developments–like Madison House–concentrate around 5th Avenue. The 805-foot-tall tower has a large plunge pool, an expansive co-working club and a children's art room. “Everything here is about volume and height; so you get great views Uptown and Downtown,” says Inzirillo, who heads up sales for the building.

Madison House is a tall luxury development in Midtown South.
Madison House is a tall luxury development in Midtown South.
Luxury high rises can be found throughout Midtown South.
Luxury high rises can be found throughout Midtown South.
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The High Line and MLB games

Madison Square Garden and The Shed at Hudson Yards are some of New York’s leading cultural venues hosting sports events, top-billed concerts, and international art fairs. The High Line elevated greenway can be accessed near Moynihan Train Hall. Six blocks to the North, Bryant Park has an ice-skating rink, holiday market and free outdoor movies.

The ice rink at Bryant Park is very popular with residents of Midtown South.
The ice rink at Bryant Park is very popular with residents of Midtown South.
Madison Square Garden in Midtown South is one of the most famous arenas in the country.
Madison Square Garden in Midtown South is one of the most famous arenas in the country.
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Transit links in and out of town

With Amtrak, New Jersey Transit, Long Island Rail Road and Metro North service, Penn Station–the Western Hemisphere's busiest rail terminal–is also linked by 1,2,3, A, C and E subways. On the other side of Midtown South, the 6 local train stops on Park Avenue South at 33rd Street.

Local and express subway lines stop at Midtown South.
Local and express subway lines stop at Midtown South.
Commuters use the 33rd Street 6 station in Midtown South to get up and down Lexington Avenue.
Commuters use the 33rd Street 6 station in Midtown South to get up and down Lexington Avenue.
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Midtown public and public charter schools

Younger residents have their pick when it comes to schools. They might start at P.S. 33 Chelsea Prep, with an A-plus rating from Niche and a partnership with the Whitney Museum of Art. Success Academy Charter School - Hudson Yards Elementary and Middle School has a 6/10 score from Great Schools and focuses on the progressive development of student performance. With an A rating, Baruch College Campus High School has an excellent advisory program.

PS 33 Chelsea Prep is a public elementary school in New York, New York.
PS 33 Chelsea Prep is a public elementary school in New York, New York.
Baruch College Campus High School provides an innovative education to its students.
Baruch College Campus High School provides an innovative education to its students.
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The pros and cons of urban redevelopment

Over the next decade, the Penn District project will transform Penn Station, Madison Square Garden and surrounding city blocks with new mixed-use commercial and residential buildings. Though a significant improvement to the area, it will also require years of construction, which can sometimes be noisy, unsightly and obstructive.

Midtown South is also home to distinguished Empire State Building and Madison Square Garden.
Midtown South is also home to distinguished Empire State Building and Madison Square Garden.
Penn Station's extension, Moynihan Train Hall gives commuters to Amtrak from Midtown South.
Penn Station's extension, Moynihan Train Hall gives commuters to Amtrak from Midtown South.
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Adrian Madlener
Written By
Adrian Madlener
Leon Cato
Photography Contributed By
Leon Cato
Kevin Carter
Video By
Kevin Carter

Agents Specializing in this Area

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Schools

Source:
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

Transit

Airport

Laguardia

18 min drive

Subway

34 Street-Herald Square

Subway

34 Street-Penn Station (A,C,E Line)

Train

New York Penn Station (Njt)

Train

33 St (Path)

Bus

5 Av & W 31 St

Bus

7 Av & W 31 St

Bus

E 32 St & 5 Av

Bus

7 Av & W 34 St

Bus

W 34 St & Broadway

Bus

Av Of The Americas & W 31 St

Bus

W 32 St & 7 Av

Crime and Safety

1 - Low Crime, 10 - High Crime Midtown South US
Homicide 3 4
Sexual Assault 7 4
Assault with Weapon 5 4
Robbery 8 4
Burglary 5 4
Motor Vehicle Theft 3 4
Larceny 9 4
Crime Score 7 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$2,075,000
Median 2 Bedroom Price
$2,299,000
Median 1 Bedroom Price
$1,100,000
Average Price Per Sq Ft
$1,969
Number of Homes for Sale
18
Last 12 months Home Sales
25
Months of Supply
8.60
Median List Price
$2,150,000
Median Discount From 1st List Price
7%
Median Home Sale Price YoY Change
53%

Home Facts

Number of Homes in Neighborhood
372
Median Year Built
2005
Avg. Single Family Home Size Sq Ft
1,950
On par with the national average
1,935
Average Townhouse Size Sq Ft
400
Average 2 Bedroom Size Sq Ft
1,537
Average 1 Bedroom Size Sq Ft
763
Average Studio Size Sq Ft
545
Median Lot Size Sq Ft
43,560

Open Houses

  • Sunday, May 4
    12 - 1:30pm

    15 E 30th St Unit 20E, New York, NY 10016

    $2,350,000

    • 1 Bed
    • 1 Bath
    • 1,033 Sq Ft
    • 15 E 30th St
    • Unit 20E
    • New 6 days ago

    Located in the heart of the chic NoMad neighborhood, Madison House delivers stunning panoramic views of NYC from every residence—each one featuring dramatic corner windows and soaring ceilings starting at 11 feet. Designed by Handel Architects with interiors by Gachot Studios, these homes begin 150 feet above street level and climb to over 800 feet, offering timeless skyline vistas.This

    Scott Kogos Elegran LLC

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  • Thursday, Apr 24
    12 - 1pm

    408 8th Ave Unit 8B, New York, NY 10001

    $625,000

    • 1 Bath
    • 401 Sq Ft
    • 408 8th Ave
    • Unit 8B
    • New 9 days ago

    Sleek and Sophisticated Studio in the Heart of Midtown SouthExperience the epitome of Manhattan living in this luminous studio at 408 8th Ave, Apartment 8B. Perched on the 8th floor, this refined residence offers a seamless blend of modern elegance, comfort, and prime location in one of the city’s most dynamic neighborhoods.Residence Features:Sun-Drenched Interiors: Bathed

    Daniel Karp Compass

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  • Friday, Apr 25
    5 - 6pm

    325 5th Ave Unit 34D, New York, NY 10016

    $2,445,000

    • 2 Beds
    • 2 Baths
    • 1,280 Sq Ft
    • 325 5th Ave
    • Unit 34D
    • New 16 days ago

    Split Two-Bedroom with Amazing Sunlight, and Private Terrace with Unobstructed Views Soaring above the city on the 34th floor, this stunning 2-bedroom, 2-bathroom residence at 325 Fifth Avenue offers an unparalleled blend of space, style, and sophistication, in addition to an abundance of natural light. Spanning 1,280 square feet, plus an expansive 135-square-foot private

    Corey Benbasset Serhant

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Condo Buildings

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
8,228
Median Age
34
Population Density
81 ppl/acre
Population under 18
16.5%
Below the national average
23.8%
Population over 65
7.6%
Below the national average
19.1%

Finances

Median Household Income
$125,048
Significantly above the national average
$71,702
Average Household Income
$151,035

Education and Workforce

High School Graduates
94.8%
College Graduates
77.9%
Significantly above the national average
34.1%
Advanced Degrees
37.1%
Above the national average
13.3%
% Population in Labor Force
80.2%

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®

91 / 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.

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Reviews

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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.
NEIGHBORHOOD
Midtown South
Ken Laino
Manhattan Network Inc
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