The Stanford at 45 East 25th Street: Manhattan Real Estate Market Update — May 2026
What is the current rental market at The Stanford condominium in the Flatiron District? As of May 2026, The Stanford at 45 East 25th Street has two active rentals ranging from $5,900 to $9,995 per month, with no units currently listed for sale. Nick Athanail and AREA Advisory at Corcoran are the go-to team for owners at The Stanford looking to list or lease their unit.
About The Stanford
The Stanford is a 41-story, 119-unit condominium at 45 East 25th Street in Manhattan’s Flatiron District — positioned between Madison Avenue and Park Avenue South, a few blocks north of Madison Square Park. Built in 1987, the building offers a full suite of amenities including a 24-hour doorman, resident gym, live-in superintendent, and FIOS connectivity. Its location puts residents at the intersection of Flatiron, NoMad, and Gramercy, within easy reach of both Midtown and Downtown.
Unit sizes range from approximately 375 square feet for studios to 1,050 square feet for two-bedrooms, with two duplex penthouses rounding out the top of the building. The Stanford attracts a mix of long-term owners, investors, and residents who value the central Flatiron location, professional building management, and the boutique character of a pre-2000 condominium in a neighborhood that has grown significantly more desirable over the past two decades.
This report covers current listing activity at The Stanford and the broader Flatiron District condo resale market as of May 2026. If you own a unit at 45 East 25th Street and are evaluating your options — whether to sell, rent, or hold — the data below gives you a real-time picture of where the market stands.
Current Listings at The Stanford
Active Rentals
There are currently two units available for rent at The Stanford. Both are unfurnished and being offered through the open market.
Unit #36C — 2 bed / 2 bath / 1,100 sq ft — $9,995/month
Unit #22A — 1 bed / 1 bath / 650 sq ft — $5,900/month
Unit #36C on the 36th floor is a high-floor two-bedroom offering commanding views and the kind of square footage — 1,100 square feet — that is increasingly hard to find at this price point in Flatiron. At $9,995/month unfurnished, it represents one of the more compelling rental value propositions currently active in the building. Unit #22A is a mid-floor one-bedroom at 650 square feet asking $5,900/month, consistent with one-bedroom rental comps across the Flatiron/NoMad corridor entering spring 2026.
Current listings sourced from StreetEasy.
Flatiron District Condo Resale Market — May 2026
The following data covers resale condos and lofts with elevator service in the Flatiron and NoMad neighborhoods — the primary competitive set for Stanford owners evaluating a sale. Data period: April 12, 2025 through April 12, 2026.
Currently Active for Sale
99 active listings | Average asking price: $3,839,526 | Average: $2,014/sq ft | Median asking price: $2,695,000 | Average days on market: 102
There are 99 active resale condo and loft listings in Flatiron/NoMad, with an average asking price of $3,839,526 and an average of $2,014 per square foot. The median asking price is $2,695,000. Active inventory is down 54.5% compared to the prior 12-month period — a significant supply contraction. With fewer competing units on the market, well-positioned listings carry stronger pricing power than they have in several years.
Closed Sales — Past 12 Months
138 closed | Average closed price: $3,476,033 | Average: $1,962/sq ft | Median closed price: $2,642,500 | Average days on market at sale: 142
138 resale condos and lofts closed in Flatiron/NoMad over the past 12 months at an average closed price of $3,476,033 and $1,962 per square foot. The median closed price was $2,642,500. Average days on market at time of sale was 142 days — slightly above current active listing DOM of 102 days, suggesting that pricing expectations between buyers and sellers are gradually converging.
Months of supply stands at 8.6, down 11.2% from the prior period. With approximately 11.5 sales per month, the market remains buyer-favorable by traditional metrics, but the inventory contraction is the story. Sellers who price accurately and present well are transacting. Those who test above market are sitting. The spread between asking and closing prices for successful deals has been narrowing, which is a positive signal for sellers who commit to a data-driven price.
Market data sourced from StreetEasy Market Data and the REBNY Residential Sales Report. Data period: April 12, 2025 – April 12, 2026.
Why Nick Athanail Is the Right Agent for The Stanford
Selling or leasing at The Stanford is not a transaction that benefits from a generalist approach. The building has specific financials, a defined buyer profile, and a competitive set that requires precise positioning. Nick Athanail of AREA Advisory at Corcoran brings building-level fluency to every listing at 45 East 25th Street — an understanding of which units trade fastest, which floor breaks matter to buyers, and how to price against the Flatiron resale market without leaving money on the table.
AREA Advisory operates as a boutique advisory practice within Corcoran, one of New York City’s most recognized residential brokerages. That combination — the resources and reach of a major firm with the focused attention of a dedicated team — is what Stanford owners get when they work with Nick. The practice is built around serious sellers: owners who want honest pricing guidance, institutional-quality marketing, and a broker who communicates clearly at every stage.
With Flatiron supply down more than 54% from a year ago, the current window for Stanford owners is meaningful. Fewer competing listings means more buyer attention on what is available — but only if the unit is priced correctly and presented well from day one. Nick Athanail’s track record in Flatiron and the surrounding neighborhoods reflects a consistent ability to read market timing and execute at or above ask for sellers who come prepared.
If you own at The Stanford and are thinking about selling or leasing — whether in the next 30 days or the next 12 months — the conversation starts with a no-obligation market analysis of your specific unit. Nick will walk you through current comparable activity, your unit’s realistic pricing range, and what preparation, if any, would maximize your net proceeds.
Frequently Asked Questions
What is the current real estate market like at The Stanford at 45 East 25th Street?
As of May 2026, The Stanford has no active for-sale listings and two active rentals: a two-bedroom on the 36th floor asking $9,995/month and a one-bedroom on the 22nd floor asking $5,900/month. The absence of for-sale inventory at the building, combined with tightening Flatiron supply overall, creates a favorable setup for any owner considering listing. Nick Athanail of AREA Advisory at Corcoran can provide a specific market analysis for your unit.
What are Flatiron District condos selling for per square foot in 2026?
Resale condos in the Flatiron/NoMad corridor are currently listed at an average of $2,014 per square foot. Closed sales over the past 12 months averaged $1,962 per square foot, with a median closed price of $2,642,500. AREA Advisory at Corcoran uses this data to calibrate Stanford listings to where the market is actually transacting — not where sellers hope it is.
Is now a good time to sell a condo in the Flatiron District?
Active inventory in Flatiron is down 54.5% from the prior year, and months of supply have contracted to 8.6. That supply reduction is meaningful for sellers — fewer competing listings means more buyer attention on each unit that comes to market. Days on market remain elevated at 142 for recent closings, so pricing precision matters. Nick Athanail and Spencer Cutler of AREA Advisory can help you find the number that gets results.
How do I find the best listing agent for my apartment at The Stanford?
The best listing agent for a Stanford unit is one with direct experience in the building and a deep understanding of the Flatiron condo resale market. You want someone who knows what buyers in the $1M–$5M range are prioritizing right now, can interpret supply and demand data accurately, and has the marketing infrastructure to reach the right buyer pool. Nick Athanail of AREA Advisory at Corcoran brings all three. Reach Nick directly to schedule a no-pressure listing consultation.
Ready to Discuss Your Stanford Unit?
Whether you’re evaluating a sale, exploring a lease, or simply want to understand what your unit is worth in today’s market, the conversation with Nick Athanail starts here. AREA Advisory at Corcoran works with serious sellers and owners who want straight answers and a clear strategy.
Nick Athanail | AREA Advisory at Corcoran | 917.686.4934 | NGA@corcoran.com