The Flatiron Building
New York's most iconic silhouette, reborn as private residences for the first time in its history.
The Flatiron Building is a landmark at 175 Fifth Avenue, the triangular Beaux-Arts tower designed by Daniel Burnham and completed in 1902 at the meeting of Fifth Avenue, Broadway, and 23rd Street. One of the most photographed buildings in the world, it is now being converted into private condominium residences for the first time in its century-plus history.
The building
Rising 22 stories on a triangular block, the Flatiron Building is a steel-framed Beaux-Arts tower that Burnham conceived as a vertical Renaissance palazzo, clad in limestone and richly detailed terra-cotta. Its dramatic prow, only a few feet wide where Fifth Avenue meets Broadway, and its six-foot crowning cornice make it one of the most recognizable structures in the world. The current restoration repairs the terra-cotta and cornice and replaces more than a thousand windows, bringing the landmark to residential standards while preserving its exterior.The story of the Flatiron Building
Built for the Fuller Company and originally named for George A. Fuller, the "father of the skyscraper," the building rose at remarkable speed, roughly a floor a week, and opened in 1902. Skeptics called it "Burnham's Folly" and predicted its triangular form would topple, while the winds at its prow gave rise to the legend of "23 skidoo." Instead it became an instant icon, immortalized by Alfred Stieglitz and Edward Steichen and painted by Childe Hassam. It was designated a New York City landmark in 1966 and a National Historic Landmark in 1989, and for more than a century it served as offices, most famously as the home of a major publishing house.The conversion
For the first time in its history, the Flatiron Building is becoming residential. The Brodsky Organization, GFP Real Estate, and the Sorgente Group are leading the conversion, with SLCE Architects as architect of record and Studio Sofield, led by William Sofield, designing the private residences and amenity spaces. The plan calls for a limited collection of full-service condominiums, reported at roughly three dozen residences, with amenities including a fitness center, a lap pool, and a sauna and cold plunge, delivering a landmark address with modern services.The neighborhood
The Flatiron Building anchors Madison Square Park, at the crossing of Fifth Avenue, Broadway, and 23rd Street, in one of the most central and walkable parts of Manhattan. The Flatiron and NoMad market pairs prewar loft conversions with new luxury towers. Read the full picture in our Flatiron and NoMad real estate guide.Why buyers choose the Flatiron Building
Provenance and rarity. It offers the chance to own a residence inside one of the most famous buildings in the world, with Studio Sofield interiors and full-service amenities, on Madison Square Park, a once-in-a-century opportunity that has never before existed.Residences in contract at The Flatiron Building
The conversion has moved quickly. The homes below are among those currently in contract, shown by reported contract price. In a landmark this rare, the advantage comes down to access and timing.
In contract at The Flatiron Building
A selection of residences currently in contract, by reported contract price. Each links to its Compass listing. Figures are for a new conversion and subject to change.
Reported contract prices for a building coming to market. For current availability and the latest activity, contact our team.
Frequently asked questions
Is the Flatiron Building a condo or a co-op?
It is being converted into a condominium for the first time in its history, which offers the flexibility that condominium ownership brings for pied-a-terre, non-resident, and entity buyers.
Who is developing and designing the Flatiron Building residences?
The conversion is led by the Brodsky Organization, GFP Real Estate, and the Sorgente Group, with SLCE Architects as architect of record and Studio Sofield, led by William Sofield, designing the residences and amenities.
What makes the Flatiron Building distinctive?
It is Daniel Burnham's 1902 triangular Beaux-Arts landmark, one of the most photographed buildings in the world, being offered as private residences for the very first time, with Studio Sofield interiors and a Madison Square Park address.
What are residences at the Flatiron Building selling for?
The building is coming to market as a new conversion, so sales are early. Reported pricing spans from the high seven figures for smaller homes to the tens of millions for the top-floor residences. For current availability and in-contract activity, get in touch.
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