Flatiron Building Transitions to Luxury Residential Units

New York, NY, August 1, 2026 —

New York, NY – The landmark Flatiron Building, a beloved fixture of the Manhattan skyline, is embarking on a new chapter as it is being transformed into luxury residential apartments. The iconic triangular skyscraper, located at the intersection of Fifth Avenue, Broadway, and 23rd Street, is set to feature high-end living spaces, with initial pricing for some units listed at $58.5 million.

This significant conversion marks a departure from the building’s long-standing history as a predominantly commercial office space. The move aims to repurpose the historic structure for a modern residential market, capitalizing on its unique architecture and prime downtown location.

Details regarding the full scope of the residential offerings, including the number of units, specific amenities, and the timeline for completion, were not immediately available. The developer behind the project is seeking to integrate contemporary luxury features while preserving the building’s distinctive architectural heritage. The price point suggests a focus on the ultra-luxury segment of the New York City real estate market.

The Flatiron Building, designed by Chicago architect Daniel Burnham, was completed in 1902. Its distinctive shape, resembling a cast-iron flatiron, has made it a popular subject for photographers and a recognizable symbol of New York City. The transformation into residential units is expected to bring a new wave of life to the historic edifice.

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