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Flatiron, Manhattan
Flatiron Property Management
A high-energy crossroads between Downtown and Midtown — anchored by Madison Square Park and one of Manhattan's strongest dining and retail corridors.
Neighborhood Profile
What Flatiron Is Actually Like
The Character
Where Downtown meets Midtown.
High-income professionals, constant commercial energy, and a dining scene that draws from all over the city. Polished but never sleepy.
The Anchor
Madison Square Park.
Rotating art installations, the original Shake Shack, and a year-round gathering point that anchors the neighborhood's identity and foot traffic.
Only Here
The Flatiron Building.
Daniel Burnham's 1902 triangular tower at the intersection of Broadway and Fifth — one of the most photographed structures in the world, and the neighborhood's namesake.
The Draw
Fifth Avenue retail meets world-class dining.
Eataly, 11 Madison Park, Gramercy Tavern, ABC Kitchen — plus the Fifth Avenue shopping corridor. A destination neighborhood for residents and visitors alike.
Market Snapshot
Flatiron by the Numbers
$1.7M
Median Sale Price
$6,000/mo
Median Rent
$134K
Household Income
62
AVG Days on Market
56% above the borough median for household income, with sale prices reflecting one of Manhattan's premier residential corridors — a market where tenant quality is high and turnover tends to stay low.
Living Here
Day-to-Day in Flatiron
Transit
N/R/W/6 at 23rd St. F/M at 23rd St (6th Ave). 4/5/6/L/N/Q/R/W at Union Square–14th St. PATH at 23rd St. Multiple crosstown bus routes.
Dining
11 Madison Park and Gramercy Tavern for special occasions. ABC Kitchen for weeknights. Eataly for everything Italian. Food trucks lining Madison Square Park at lunch.
Errands
Trader Joe's on 6th Ave. Whole Foods nearby. Eataly doubles as a gourmet grocery. Multiple pharmacies and dry cleaners — high service density for a compact neighborhood.
Green Space
Madison Square Park for art, shade, and dog runs. Union Square Park four blocks south with the greenmarket. Gramercy Park nearby — private but scenic from the perimeter.
Building Stock
Building Types in Flatiron
Modern Doorman Buildings
Full-service elevator buildings with concierge, package rooms, and fitness centers. Co-op and condo boards managing amenity costs, staffing, and capital reserves.
Cast-Iron & Beaux-Arts Conversions
Historic commercial buildings converted to residential lofts — high ceilings, oversized windows, and unique certificate-of-occupancy conditions that require specialized compliance tracking.
Boutique Condos
New construction and gut renovations near Madison Square Park and along Broadway. 10–25 units with premium finishes. Strong investor ownership and active condo association governance.
Pre-War Walk-Ups
Scattered walk-ups on the cross streets between Fifth and Park Avenue South. 6–15 units, mix of rent-stabilized and market-rate, with aging plumbing and steam-heat systems.
Nearby Neighborhoods
Neighborhoods Near Flatiron
Property Management
Own Property in Flatiron?
Converted loft buildings with unique compliance needs. Boutique condos with active investor owners. Doorman buildings with staffing and amenity costs to manage. Each needs something different — and we manage all of them.
Rental Buildings
Leasing, rent collection, maintenance, and full compliance — from converted loft rentals along Broadway to walk-ups on the cross streets near Madison Square Park.
Condo & Co-op Associations
Board support, financial oversight, vendor management, and regulatory compliance for Flatiron's boutique condo associations and established co-op buildings.
Ready to Talk About Your Flatiron Property?
We'll start with a conversation — no commitment, no pressure.
Get in Touch
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Let's Talk
About Your Property.
Office: +1(212) 994-4908
Email: info@managedbyora.com
Address: 401 Park Ave S, 10th Floor, New York, NY 10016