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Explore Midtown Center Neighborhood in New York City

Real Estate New Developments

General Information

Midtown Center is a bustling and vibrant area located in the heart of Manhattan, recognized for its iconic skyscrapers, world-renowned landmarks, and dynamic business environment. As one of the most important commercial and cultural hubs in New York City, Midtown Center is home to a mix of corporate offices, retail stores, restaurants, and entertainment venues, making it one of the busiest districts in the city. This area is easily accessible by multiple subway lines, buses, and commuter trains, making it a central location for both locals and visitors. From the bright lights of Times Square to the elegance of Rockefeller Center, Midtown Center offers a truly unique New York experience.

Real Estate Information

Midtown Center’s real estate market is dominated by high-rise office buildings, luxury condominiums, and mixed-use developments. Residential properties in this area range from high-end apartments and penthouses with panoramic views of the city to more affordable studio and one-bedroom units in older buildings. The demand for both commercial and residential space in Midtown Center remains high, driven by its prime location, proximity to major corporate headquarters, and the constant flow of tourists and business professionals. As a result, the real estate market here can be competitive, with prices that reflect the district’s prestigious status and central location.

Historical/Interesting Facts

Midtown Center’s history dates back to the late 19th century when it began to emerge as the commercial heart of New York City. The area underwent significant transformation during the early 20th century, with the construction of iconic landmarks like the Empire State Building, Rockefeller Center, and the first subway lines that connected Midtown to other boroughs. The district has long been associated with the city's economic power and cultural influence, serving as the location for Broadway theaters, media headquarters, and financial institutions. Over the years, Midtown Center has continued to evolve, with new developments shaping its skyline and enhancing its reputation as a symbol of New York City's vitality and ambition.

Properties Statistics

Total Properties

8

Median Asking

$1,608,043.75

Sale Price/ft²

$1,139.53

Average Home Size

1264 ft²

Average Home Age

63 years

Based on results from 8 properties

Buildings in this Sector

FAQ about Midtown Center