Popular with homebuyers due to its central location, the area surrounding Union Square has a long and fascinating history that dates back to the beginning of the 19th century. Initially, it was a public park space that served as an entrance to New York City, with the area being called Union Place. Later, the park was revamped and renamed Union Square. More lush greenery was added to the park in the 1870s, making it possible to hold large gatherings in the space. Nowadays, it's a vibrant district that has a booming real estate market, with luxury apartments in Union Square selling for top dollar.

The Union Square neighborhood offers multiple significant benefits to buyers, including excellent dining experience and world-class shopping and entertainment. There are plenty of parks, restaurants, and cafes in the area. Additionally, the neighborhood is known for the Union Square Greenmarket, where you can always buy fresh products from the local bakers, farmers, and fishmongers. There's also a holiday animal fair that is held here every year. Traditionally, lots of people attend this exciting event. Union Square also impresses with its variety of statues and sculptures, including statues of U.S. presidents George Washington and Abraham Lincoln, a statue of Mahatma Gandhi as well as the Temperance fountain and other sculptures.

The housing stock in the area is very diverse. There are many condos for sale in Union Square, as well as a handful of co-op buildings. The most in-demand properties are the skyscrapers that overlook Union Square Park.

Some of the more well-known buildings in the neighborhood include the Bank of the Metropolis, the Century Building, the Daryl Roth Theatre, the Decker Building, the Everett Building, the Lincoln Building, the Spingler Building as well as Zeckendorf Towers. Homes for sale in these high-rises are amongst the most expensive in the area.