Price Ranges by Property Type
| Property Type | Typical Price Range |
|---|---|
| Studios | $650,000–$1.2M |
| 1-Bedroom | $1M–$2.5M |
| 2-Bedroom | $2M–$5M |
| 3-Bedroom | $3.5M–$10M |
| Penthouse / Full-Floor | $8M–$20M+ |
NoMad offers strong value compared to neighboring Flatiron and Gramercy, with newer construction and a vibrant dining scene.
Featured NoMad Buildings
| Building | Address | Highlight |
|---|---|---|
| Madison House | 15 E 30th St | 62-story tower with Madison Square Park views |
| 277 Fifth Avenue | 277 Fifth Ave | Rafael Viñoly-designed tower |
| Rose Hill | 30 E 29th St | CetraRuddy design, expansive amenities |
| 212 Fifth Avenue | 212 Fifth Ave | Landmark conversion with modern interiors |
| The Whitman | 21 E 26th St | Boutique condo on Madison Square Park |
| 400 Park Avenue South | 400 Park Ave S | Full-service high-rise |
| 241 Fifth | 241 Fifth Ave | Boutique luxury |
| Huys | 404 Park Ave S | Piet Boon-designed interiors |
| 10 Madison Square West | 10 Madison Sq W | Park-facing boutique condo |
| 15 Madison Square North | 15 E 26th St | Madison Square Park frontage |
| Sky House | 11 E 29th St | Glass tower |
| 29th Park Madison | 39 E 29th St | Boutique development |
NoMad Overview
NoMad is Manhattan's hottest neighborhood for dining, boutique hotels, and new luxury residential development. Just above Madison Square Park, you'll find the small and trendy NoMad neighborhood. Like many New York neighborhoods, NoMad is an abbreviation—it stands for "North of Madison Square Park."
While NoMad first got its name in just 1999, it's been around much longer than that. Residents started moving into brownstones in the area in 1686, the same time Madison Square Park was opened. Today, you'll still see historic brownstones in this neighborhood, but there are also many luxury condos with modern amenities.
The bustling neighborhood is bordered by Lexington Avenue to the east, 25th Street to the south, 6th Avenue to the west, and West 30th Street to the north.
Key facts about NoMad:
- Population: approximately 15,000 residents
- Median household income: ~$140,000
- Median apartment sale price: ~$1.5 million (2025)
- Walk Score: 99 (Walker's Paradise)
- Named in 1999, historic roots to 1686
NoMad History & Character
NoMad's transformation from overlooked commercial district to one of Manhattan's most sought-after neighborhoods happened remarkably quickly. The neighborhood's renaissance began with the arrival of the Ace Hotel in 2009, which brought a wave of creative energy and established NoMad as a destination.
The hotel boom continued with:
- NoMad Hotel (2012) — Daniel Humm and Will Guidara's culinary destination
- The Nomad Hotel — Known for the acclaimed NoMad Bar
- Gansevoort Park Avenue — Rooftop destination Plunge
- Freehand New York — Design-forward hospitality
These boutique hotels catalyzed the neighborhood's dining and nightlife scene, attracting Michelin-starred chefs and world-class cocktail bars. The residential market followed, with developers recognizing NoMad's central location and emerging cachet.
Neighborhoods Within NoMad
Madison Square Park Perimeter (25th–27th Streets along Madison Avenue): The most prestigious addresses in NoMad, with direct park views. Home to The Whitman, 10 Madison Square West, and 15 Madison Square North.
Fifth Avenue Corridor (Fifth Avenue from 25th–30th Streets): The neighborhood's spine, featuring major new developments including Madison House, 277 Fifth Avenue, and 212 Fifth Avenue.
Broadway/Sixth Avenue (Western edge): More commercial character, transitioning to the Flatiron District. Strong value proposition for buyers.
Park Avenue South (Eastern edge): Transitional area toward Murray Hill and Gramercy. Home to 400 Park Avenue South and Huys.
NoMad Attractions
Madison Square Park
The heart of the neighborhood and one of Manhattan's finest public spaces. Madison Square Park features:
- Shake Shack — The original location where Danny Meyer's burger empire began
- Seasonal art installations — Major public art program
- Dog runs — Popular with neighborhood residents
- Madison Square Park Conservancy — Active programming year-round
Museum of Mathematics (MoMath)
If you want to test your math skills, check out NoMad's Museum of Mathematics. This museum has interactive exhibits that are perfect for adults and kids, including an exhibit where you can create 3-D models and a spot where you can sit and solve complicated puzzles. The Museum of Mathematics is a fun place that will give your brain a workout.
Shopping
NoMad is home to a wide variety of high-end shops:
- Rizzoli Bookstore — The beautiful Rizzoli Bookstore is located in a historic townhouse and specializes in illustrated books. You'll find everything from fashion books to interior design guides to photography books here.
- Todd Snyder Madison Park — Upscale menswear
- Jung Lee NY — Luxury lifestyle boutique
- Independent boutiques — Spend an afternoon wandering through NoMad's streets, enjoying the beautifully designed shops and window displays.
NoMad Restaurants and Bars
NoMad has become one of Manhattan's premier dining destinations, with an exceptional concentration of acclaimed restaurants and bars.
Hotel Dining & Bars
Some of the most popular restaurants and bars in NoMad are inside the neighborhood's boutique hotels. These hotels offer much more than just rooms for visitors—they're also gathering places for locals.
Ace Hotel The Ace Hotel moved into the area in 2009 and helped define the neighborhood's character. During the day, you'll see people working on laptops in the hotel's dimly lit lobby while they enjoy a cup of coffee from Stumptown Roasters or a gourmet sandwich from British gastropub The Breslin. At night, the lobby transforms into a chic bar that often has music from top DJs.
The NoMad Hotel The NoMad Bar in the NoMad Hotel is an immaculately decorated bar serving handcrafted cocktails along with elevated versions of classic dishes, like chicken pot pie made with black truffles.
Gansevoort Park Avenue The Gansevoort Park Avenue is another popular spot for both locals and visitors. This hotel is famous for its rooftop bar, Plunge, where you can get sweeping views of Fifth Avenue. They have a full bar and offer a café menu filled with high-end dishes like Kobe beef sliders and lobster rolls.
Neighborhood Restaurants
- Eleven Madison Park — Three Michelin-starred destination (nearby)
- The Breslin — British gastropub at Ace Hotel
- Izakaya Nomad — Japanese gastropub with sushi, sashimi, and yakitori skewers
- Cosme — Enrique Olvera's acclaimed Mexican
- Scarpetta — Scott Conant's Italian
- Cote — Korean steakhouse (Michelin-starred)
- Made Nice — Fast-casual from Eleven Madison Park team
- Eataly Flatiron — Italian marketplace (nearby)
Coffee & Casual
- Stumptown Roasters — At Ace Hotel
- Joe Coffee — Multiple locations
- La Colombe — Specialty coffee
Education & Schools
Public Schools:
- PS 116 Mary Lindley Murray
- School of the Future (6–12)
Private Schools:
- The Epiphany School
- Xavier High School (nearby)
Nearby Universities:
- Baruch College (CUNY)
- School of Visual Arts
- The New School (nearby)
- FIT (nearby)
Transportation
NoMad enjoys excellent transit access at the center of Manhattan:
Subway:
- N/R/W trains at 28th Street (Broadway)
- 6 train at 28th Street (Park Avenue South)
- F/M trains at 23rd Street
- 1/2/3 trains at 28th Street (Seventh Avenue)
- B/D/F/M trains at Herald Square (34th Street)
- PATH train at 23rd Street
Bus:
- M1, M2, M3 (Madison/Fifth Avenues)
- M23 (23rd Street crosstown)
- M34 (34th Street crosstown)
Commuter Access:
- Penn Station (10-minute walk)
- Grand Central Terminal (15-minute walk)
- Easy access to both Midtown employment centers
NoMad Real Estate Market
Property Types
New Construction Towers: NoMad has seen significant new development over the past decade, with sleek towers offering modern amenities and dramatic views. Buildings like Madison House (62 stories), 277 Fifth Avenue, and Rose Hill represent the neighborhood's evolution into a luxury residential destination.
Landmark Conversions: Historic commercial buildings converted to residential use, like 212 Fifth Avenue, offer character and craftsmanship with modern systems.
Boutique Condos: Smaller buildings with limited units, often designed by notable architects, provide intimacy and exclusivity. The Whitman, 10 Madison Square West, and Huys exemplify this category.
Pre-war Lofts: Converted commercial and industrial buildings with high ceilings, large windows, and open layouts.
Market Dynamics
NoMad is predominantly condominiums, making it attractive to:
- Foreign buyers (no board approval required)
- Investors and pied-à-terre purchasers
- Buyers purchasing through LLCs or trusts
- Tech workers seeking Midtown accessibility with downtown vibe
The neighborhood offers strong value compared to neighboring Flatiron and Gramercy, with newer building stock and a more dynamic street life.
Learn more about co-ops vs. condos →
Frequently Asked Questions About NoMad Apartments
What is the average price of an apartment in NoMad?
The median sale price for NoMad apartments is approximately $1.5 million as of 2025. Studios typically range from $650,000–$1.2 million, one-bedrooms from $1–2.5 million, two-bedrooms from $2–5 million, and three-bedrooms from $3.5–10 million. Penthouses with Madison Square Park views can exceed $20 million.
What does NoMad stand for?
NoMad stands for "North of Madison Square Park." The neighborhood earned this name in 1999, though the area has been residential since 1686 when Madison Square Park was first established. Like SoHo (South of Houston), TriBeCa (Triangle Below Canal), and other Manhattan neighborhoods, NoMad takes its name from its geographic location.
Is NoMad a good place to live?
Yes, NoMad is one of Manhattan's most desirable neighborhoods for young professionals and anyone who values dining, nightlife, and central location. The neighborhood offers world-class restaurants, boutique hotels that double as social hubs, excellent transit access, and Madison Square Park. The tradeoffs are relatively small apartment sizes compared to outer boroughs and premium pricing for new construction.
What are the best buildings in NoMad?
New Construction: Madison House, 277 Fifth Avenue, Rose Hill
Park Views: The Whitman, 10 Madison Square West, 15 Madison Square North
Design-Forward: Huys (Piet Boon interiors), 212 Fifth Avenue
What's the difference between NoMad and Flatiron?
NoMad and Flatiron are adjacent neighborhoods that share Madison Square Park:
| Factor | NoMad | Flatiron |
|---|---|---|
| Location | North of Madison Square Park | South of Madison Square Park |
| Boundaries | 25th–30th St | 14th–25th St |
| Character | Boutique hotels, dining destination | More established, retail-focused |
| Architecture | Mix of new towers and historic | More pre-war, landmark buildings |
| Price | Slightly lower median | Slightly higher median |
What is the NoMad Hotel?
The NoMad Hotel, opened in 2012 by Daniel Humm and Will Guidara (the team behind Eleven Madison Park), was instrumental in establishing the neighborhood as a dining destination. The hotel's restaurant and bar became instant landmarks. While the hotel and restaurant operations have evolved, the NoMad Bar remains a neighborhood institution known for handcrafted cocktails and elevated bar food.
How did NoMad become popular?
NoMad's transformation began with the Ace Hotel's arrival in 2009, which brought creative energy and established the neighborhood as a destination. The NoMad Hotel followed in 2012, cementing the area's reputation for dining and hospitality. Residential developers followed the hotels, recognizing the neighborhood's central location and emerging cachet. Today, NoMad is one of Manhattan's most sought-after neighborhoods.
Is NoMad safe?
Yes, NoMad is a safe neighborhood with low crime rates. The area is well-lit, heavily trafficked, and benefits from the presence of hotels and restaurants that keep streets active into the evening. Madison Square Park has its own security and conservancy staff.
What is Madison House?
Madison House at 15 East 30th Street is NoMad's tallest residential building at 62 stories. Developed by SL Green and designed by Handel Architects with interiors by Gachot Studios, Madison House offers panoramic views of Madison Square Park and the Manhattan skyline. The building features extensive amenities and has set pricing records for the neighborhood.
Are NoMad apartments mostly condos or co-ops?
NoMad is predominantly condominiums, particularly in newer buildings. This makes the neighborhood attractive to foreign buyers, investors, and those seeking flexibility. The few co-ops in the area tend to be in older buildings on the neighborhood's periphery.
Ready to Find Your NoMad Home?
Whether you're searching for a new construction tower with Madison Square Park views, a boutique condo steps from world-class dining, or a converted loft with historic character, our team specializes in NoMad real estate.
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About the Author
Anthony Guerriero is the founder and principal broker of Manhattan Miami Real Estate, a luxury residential brokerage specializing in Manhattan and Miami. Licensed in New York, Florida, and California, Anthony has over a decade of experience serving buyers in New York's most competitive markets. Manhattan Miami Real Estate is headquartered at 157 Columbus Avenue.
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This page is for informational purposes only. Prices and availability subject to change. Contact Manhattan Miami Real Estate for current listings and market data.