Theater District
The Theater District's residential inventory sits above and behind Broadway's houses — postwar towers, a handful of pre-war buildings, and condominium construction on the Eighth Avenue side. It is the noisiest and most transient part of Midtown, and the buyer pool reflects that: weighted toward pied-à-terre and investor ownership, light on families. That mix shows up at the closing table — sellers concede more than the Manhattan norm and very few sales clear above ask. Buy on the specific line and exposure; variance within a single building is wide.
What the index shows for Theater District
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 Theater District clears
What closings across Theater District look like at the table, shown against the Manhattan baseline so each figure reads as a comparison.
- Typical closing vs asking price
- −5.1%
- Share selling above ask
- 7%
- Monthly charges
- $2,670
- Median rooms
- 4.0
Buildings in Theater District
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