Central Midtown
Central Midtown covers the Plaza district and the blocks south of Central Park — the most expensive per-square-foot inventory in the index and the most exposed to international demand. The stock runs from pre-war cooperatives on Central Park South to the supertall condominiums of the past fifteen years. Ownership skews to non-primary residence and all-cash purchase, which loosens the link between pricing here and local conditions. It is also where sellers concede most: closings settle further below ask than any neighborhood we track at scale.
What the index shows for Central Midtown
Median condominium price per square foot and cooperative price per room, with the change over the past year and since 2022 and 2016. Condos are measured by the foot, co-ops by the room.
Medians of recorded, index-eligible sales — each figure carries the mix of what happened to trade, not the like-for-like change of a single apartment. Compiled by The Roebling Team at Compass from public records. Figures are indicative, not an appraisal.
How Central Midtown clears
What closings across Central Midtown look like at the table, shown against the Manhattan baseline so each figure reads as a comparison.
- Typical closing vs asking price
- −5.4%
- Share selling above ask
- 7%
- Monthly charges
- $3,461
- Median rooms
- 4.0
Buildings in Central Midtown
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