Named after the neighborhoods signature building, the Flatiron Building located at 23rd and Broadway. This neighborhood is approximately bounded by Union Square to the South, Madison Square Park to the North, Gramercy Park to the East and Chelsea on its western border. The Flatiron District is appropriately named due to its signature building but its a relatively new neighborhood. The name was coined in the late 1980’s as the area gentrified with new residential apartments and restaurants started to find their way to this once commercial neighborhood. Once known as the Photo District or the Toy District, the Flatiron moniker was established as a real estate term for this promising area.
The neighborhood is in relative proximity to many popular neighborhoods such as Union Square, Greenwich Village and Gramercy Park. There is a variety of restaurant choices and shopping within its immediate vicinity. The area is mainly made up of low rise buildings but has a number of prominent high rise office and residential towers. Residential real estate choices are plentiful as there are many new condominium properties and both co-op and rental buildings to choose from.
Easy transportation and multiple bus and subway lines make this a popular area. Being so close to many cafes, new and established restaurants, and nightlife choices make this a desirable downtown neighborhood. The Union Square Park on its southern border is a highlight of the neighborhood. The Union Square Farmer’s Market is one of the largest and most popular farmer markets in all of New York City.
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