PropertyShark’s Q2 2025 report shows a citywide median sale price of $799,000. But Hudson Yards stands out with a $5.95 million median. This makes it the most expensive neighborhood in nyc for the sixth year in a row.
Tribeca comes in second at $4.15 million, and SoHo is third at $3.68–$3.69 million. The top 50 neighborhoods don’t include Staten Island and the Bronx. They look at sales from April 1 to June 30, 2025, compared to last year. Thirty-nine areas have a $1 million median, and five are over $2 million.
Manhattan and Brooklyn dominate the list, with Brooklyn having the same number of areas as Manhattan. Queens is steady, with Fresh Meadows leading at about $1.15 million. This report shows where wealth is concentrated and why it’s important for buyers, sellers, and investors.
NYC luxury market at a glance: records, rankings, and key takeaways
Q2 2025 was a busy time for the nyc most expensive neighborhoods. Demand was high for condos, co-ops, and single-family homes. Buyers looked at median prices and listings depth in the most expensive areas of New York.
Sellers in the most expensive areas of New York City set ambitious prices. Activity was widespread across the most expensive boroughs in nyc. Queens saw steady pricing, though.
Record-high citywide median sale price of $799,000 and 4% YoY growth
The citywide median sale price hit $799,000 in Q2 2025, a 4% increase from last year. There were 7,118 closings, showing a strong market. Manhattan’s median price of $1.2 million was its highest in two years, showing strong demand.
Top 50 ranking excludes Staten Island and the Bronx per PropertyShark methodology
PropertyShark compared Q2 2025 to Q2 2024, leaving out Staten Island and the Bronx. This made 54 neighborhoods compete for the Top 50 spots. It highlighted the most expensive areas in New York and how they cluster by price.
Manhattan and Brooklyn each claim a large share of the most expensive neighborhoods
Manhattan led in price depth with its luxury cores and towers. Brooklyn also had a big presence in the Top 50. Buyers now consider lifestyle areas like DUMBO, Brooklyn Heights, and Boerum Hill alongside Manhattan’s most expensive areas.
Thirty-nine neighborhoods surpass $1 million median; five clear $2 million
Thirty-nine areas had a median over $1 million, and five went over $2 million. This shows the wide range of expensive neighborhoods in NYC. Queens had a third of the sales, but prices were steady, unlike Manhattan and Brooklyn.
Key takeaway: pricing power spread across multiple cores, while marquee districts set the tone for the most expensive neighborhoods in New York.
Hudson Yards tops the list with a $5.95M median
Hudson Yards is the priciest neighborhood in New York City, with a median sale price of $5.95 million. It boasts next-gen towers, parks, and easy transit. For those looking for the most expensive place to live, Hudson Yards is the clear winner.
Six-year streak as NYC’s priciest neighborhood despite only seven Q2 sales
Hudson Yards has been the most expensive neighborhood in NYC for six years. It had only seven sales in Q2, but prices didn’t drop. Instead, high prices kept the median high, showing the power of demand and limited supply.
Ultra-modern condos, landmark amenities, and 7 train access drive premiums
Condos at 15, 30, and 35 Hudson Yards offer stunning views and green tech. The Edge and Vessel add to the allure. Plus, the 7 train and nearby parks make it a top choice for luxury living.
Inventory scarcity and integrated live-work-play ecosystem support pricing
There’s not much to buy, but Hudson Yards has it all: homes, offices, culture, and parks. Google and Guardian nearby add to the area’s appeal. This mix keeps Hudson Yards at the top of the list.
Tribeca surges with 43% YoY growth to a $4.15M median
Tribeca’s median price jumped 43% in a year to $4.15 million. This is its highest in six years. It now ranks among the most expensive neighborhoods in Manhattan.
Its limited supply and high demand keep it in the top spots. This makes it one of the richest neighborhoods in NYC.
Sales volume jumps above 100 transactions, reclaiming second place
In Q2, over 100 deals closed, showing a wide range of buyers. Condos made up about 80% of sales, up from last year. This move puts Tribeca back in the second spot among Manhattan’s most expensive areas.
Loft conversions, celebrity cachet, and Hudson River Park proximity
Historic buildings and loft conversions give Tribeca its unique look. Famous addresses like 443 Greenwich Street add to its appeal. Hudson River Park and Teardrop Park offer great places to relax.
Easy subway access keeps the area calm. This is rare among Manhattan’s most expensive neighborhoods.
Consistent appreciation and rental strength for investors
Tribeca’s value keeps growing, thanks to its high-end finishes and limited supply. Rental demand is strong, making it attractive for investors. It’s a top choice for those looking for luxury and family-friendly homes.
- Median price: $4.15M after a 43% YoY jump
- Deal flow: 100+ quarterly sales, condo share near 80%
- Drivers: Loft scale, parkside living, and celebrity appeal
SoHo cements third place with a $3.68M–$3.69M median
SoHo is in third place with a median price of $3.68–$3.69 million. It saw a 19% increase in value over the year. With only a few dozen sales in the quarter, the prices reflect the rarity and quality of the listings.
This area is a top choice for those looking for the most expensive neighborhoods in New York. It offers stability and high value, making it a sought-after spot.
Position within manhattan most expensive neighborhoods remains firm, aided by limited turn-key lofts and premium retail frontage. It’s a key area for buyers looking for the best in Manhattan.
Cast-iron architecture, luxury retail, and enduring cultural draw
SoHo is known for its iconic cast-iron buildings. These buildings have high ceilings and large windows. The area is also home to luxury shops, galleries, and restaurants, attracting visitors and buyers.
This mix of features keeps SoHo appealing. It offers a unique blend of luxury and character, making it a favorite among buyers.
Loft-style residences and mixed-use zoning create unique inventory
SoHo’s lofts are known for their open layouts and flexibility. The area’s zoning allows for both residential and commercial use. This combination keeps the inventory low, supporting SoHo’s high value.
This unique setup makes SoHo stand out. It’s a key factor in its status as one of Manhattan’s most expensive neighborhoods.
Strong domestic and international demand underpins values
SoHo attracts buyers with its brand reputation and easy access to public transport. The area’s rental market is also strong. This consistent interest from around the world supports SoHo’s high prices and stable resale market.
SoHo’s appeal to both domestic and international buyers is key. It keeps the area’s values high and makes it a desirable place to invest.
| Indicator | SoHo | Market Context | Why It Matters |
|---|---|---|---|
| Median Sale Price (Q2) | $3.68M–$3.69M | Third in NYC by median | Signals placement within the most expensive neighborhood in Manhattan conversation |
| Annual Change | +19% | Outperforms many peers | Momentum supports premium bids in the most expensive area in New York |
| Sales Volume | 32 trades (Q2) | Low turnover, high value | Scarcity keeps SoHo in manhattan most expensive neighborhoods |
| Key Drivers | Cast-iron lofts, luxury retail, galleries | Broadway, Spring Street anchors | Pulls global demand typical of the most expensive part of New York |
| Transit Access | R/W, N/Q, 6, C | Direct Manhattan reach | Convenience lifts buyer pool and rental strength |
Risers and newcomers: Little Italy, NoHo, and Central Park South
Three downtown and Midtown areas are quickly rising in value. They are known for having few homes for sale, easy access to public transport, and unique qualities. These factors attract buyers looking for the best in New York City.
Little Italy posts a breakout median around $4.59M amid limited inventory
In early 2025, Little Italy’s median price was about $4.59 million. This is due to a tight supply meeting high demand. The area mixes old buildings turned into luxury condos with new projects that keep its charm.
It’s close to NoLiTa, SoHo, and Chinatown, making daily life rich. With few homes for sale, prices can go up quickly, a trend seen in many expensive areas.
NoHo’s character-rich lofts maintain a ~$3.5M median
NoHo’s median price is near $3.5 million. It’s known for its prewar lofts and modern buildings like 40 Bond and 50 Bond. The Public Theater and Andy Warhol’s legacy add to its cultural vibe.
It offers townhouses and full-floor layouts for those who value design. With limited homes for sale, it remains a top choice for many.
Central Park South commands park-view premiums near $3.25M
Central Park South’s median price is about $3.25 million. It’s prized for its views of the park and Fifth Avenue. Full-service buildings with doormen and concierge teams appeal to those seeking luxury close to Midtown.
Its subway access and stunning views keep prices high. This makes it a top contender for the most expensive areas in New York.
- Key drivers shared by all three: scarcity, transit reach, and clear identities.
- Buyers compare these areas with others in New York for the best lifestyle.
- They offer a mix of history and modern features, making them stand out.
Brooklyn’s momentum: Columbia Street Waterfront District, Boerum Hill, and DUMBO
Brooklyn is becoming a hot spot for luxury homes, attracting buyers away from Manhattan. The most expensive areas in Brooklyn are known for their waterfront views, brownstone charm, and modern amenities. These neighborhoods are evolving with new designs, better transit, and stunning views.
A tight mix of boutique condos and historic townhomes keeps competition high, marking these rich neighborhoods NYC as both lifestyle plays and long-term holds.
Columbia Street Waterfront debuts as Brooklyn’s priciest with ~$1.92M median
The Columbia Street Waterfront District is now Brooklyn’s priciest area, with a median price of $1.92 million. It has 12 spring sales, ranking sixth in the city. The area offers harbor views, access to Brooklyn Bridge Park, and small-scale luxury homes.
Boerum Hill, DUMBO, and Brooklyn Heights remain perennial high-end favorites
Boerum Hill and DUMBO are among the city’s top 10, while Brooklyn Heights remains a blue-chip area. These neighborhoods are known for their cobblestone streets, loft conversions, and landmarked buildings. They are among the most expensive neighborhoods in New York and attract buyers from Midtown.
Carroll Gardens sales soar while median moderates to align with buyers
Carroll Gardens saw a 129% increase in sales, with a median price of $1.33 million. This is a 32% decrease from previous prices, showing that prices are now more in line with what buyers are willing to pay. Nearby, Manhattan Beach had the city’s biggest median price increase, up about 197% to $1.47 million.
Despite some areas seeing softer medians and fewer deals, Brooklyn matches Manhattan in the top 50. This shows Brooklyn’s growing importance as a luxury market, with a wide range of high-end homes.
Borough breakdown: Manhattan dominance with Brooklyn close behind; Queens steady
In the most expensive areas of NYC, each borough has its own pricing power. Manhattan leads, with Brooklyn’s share growing. Queens keeps its steady pace. This mix affects how buyers compare different neighborhoods.
Manhattan leads on pricing depth; West Village, Flatiron, and Theatre District shine
Manhattan is a powerhouse in real estate. Hudson Yards, Tribeca, and SoHo are among the priciest. The West Village, Flatiron District, and Theatre District–Times Square also shine with high medians.
These areas offer top-notch design, dining, and transit. They have limited inventory. This makes them the most expensive neighborhoods in NYC.
Brooklyn places equal count in top 50 despite softer medians in spots
Brooklyn has as many top 50 spots as Manhattan. But some areas have slightly lower medians. Columbia Street Waterfront District, Boerum Hill, DUMBO, and Brooklyn Heights are Brooklyn’s top spots.
These areas have historic charm, waterfront views, and new condos. They attract buyers looking for value and space. This gives buyers more options beyond Manhattan’s most expensive areas.
Queens’ pricing largely flat; Fresh Meadows leads with ~$1.15M median
Queens’ prices have stayed the same year after year. Fresh Meadows is now the priciest, with a median near $1.15 million. Hollis Hills, Auburndale, Queensboro Hill, Hunters Point, Middle Village, and LIC also have moderate prices.
Queens offers a balance for buyers priced out of Manhattan. It’s a practical choice for those looking for growth but can’t afford the most expensive areas.
| Borough | Standout Areas | Notable Placement | Pricing Signal | Buyer Takeaway |
|---|---|---|---|---|
| Manhattan | Hudson Yards, Tribeca, SoHo, West Village, Flatiron, Theatre District–Times Square | Multiple top-15 ranks | Deep luxury bench; tight supply | Defines the most expensive neighborhood nyc and the richest area in new york city |
| Brooklyn | Columbia Street Waterfront, Boerum Hill, DUMBO, Brooklyn Heights | Equal count in top 50 | Selective softening; strong demand | Premium alternatives to the wealthiest neighborhoods in nyc core |
| Queens | Fresh Meadows, Hollis Hills, Auburndale, Queensboro Hill, Hunters Point, Middle Village, LIC | Fresh Meadows near ~$1.15M | Flat to stable trendlines | Value path outside the most expensive areas in nyc |
Most expensive neighborhoods in NYC
New York’s luxury map is clear for buyers looking at the most expensive neighborhoods. A small group leads the market, while downtown keeps values steady. For those asking about the most expensive place to live in New York, a few addresses are key.
These areas set the price for new towers, historic lofts, and homes near parks. This mix defines the most expensive areas, where scarcity and prestige meet daily needs.
Hudson Yards, Tribeca, and SoHo set the pace for luxury pricing
Hudson Yards has a median of ~$5.95M, showing the value of new builds. Tribeca is near ~$4.15M, thanks to its large lofts and river views. SoHo, with its cast-iron buildings and global shops, is around ~$3.68–$3.69M. Each is a top neighborhood, setting a high price for luxury homes.
Lower Manhattan clusters (Little Italy, NoHo, Nolita) reinforce downtown strength
Little Italy’s median is ~$4.59M, showing the value of its unique homes. NoHo is ~$3.5M, known for its classic lofts. Nolita is near ~$3M, loved for its cozy blocks and dining. These areas are key to downtown’s luxury, thanks to their location and charm.
Top 15 includes Central Park South, Theatre District–Times Square, and West Village
Central Park South is around ~$3.25M, with stunning park views and luxury services. Theatre District–Times Square is near ~$2.97M, with new homes and lots of people. West Village is ~$2.8M, famous for its townhouses and quiet streets. These neighborhoods show the high cost of living in New York, from Midtown to downtown.
Also in the mix: Hudson Square and Flatiron District, while DUMBO, Boerum Hill, Brooklyn Heights, Williamsburg, Park Slope, Chelsea, Greenwich Village, and the Financial District round out a deep bench of high-demand addresses.
Notable Midtown and Downtown contenders: Theatre District, Flatiron, and Bowery
Midtown and Downtown are at the heart of New York’s pricey neighborhoods. They attract those who crave culture, design, and quick commutes. These areas are seen as the priciest in Manhattan, drawing the city’s wealthiest.
Theatre District–Times Square is almost at a ~$2.97 million median. New high-end condos are popping up near Broadway, with easy subway and Penn Station access. This rare blend of culture and transit makes it highly sought after.
Flatiron is known for its design and historic buildings. It’s close to Madison Square Park and has many subway lines. Its unique mix of old and new, from cast-iron buildings to trendy shops, appeals to the wealthy.
Bowery is transforming from rough to upscale, with a median near ~$2.35 million. It now has new buildings and revived industrial spots next to galleries and fine dining. Its modern vibe and amenities make it a top choice.
These areas have a limited supply and strong demand, keeping prices high. Each has its own charm but shares key benefits like job access, culture, and transit. These are the hallmarks of New York’s most expensive and richest areas.
Where wealth clusters: richest neighborhoods in nyc and lifestyle drivers
People look for more than just a high price in the richest neighborhoods in New York. They seek comfort, character, and a prime location. These areas set a high standard and influence buying behavior in Manhattan and Brooklyn.
Top-notch amenities are key in the richest areas of New York. Features like doormen, private clubs, and fitness centers enhance daily life. Buildings by famous architects like Norman Foster and Thomas Heatherwick in Hudson Yards stand alongside historic SoHo lofts and West Village brownstones, making them highly sought after.
The prestige of an address is important. Names like Central Park South, Tribeca, and the Theatre District–Times Square are highly valued. These areas are often seen as the epitome of luxury because of their reputation.
Scarcity plays a big role. Areas like NoHo, Nolita, and Central Park South have limited homes and few new listings. This scarcity helps maintain high prices and protects property values over time.
Mixed-use developments keep prices stable. Hudson Yards combines luxury homes with offices, shops, and restaurants. The Theatre District links culture, hotels, and condos, boosting local businesses and property values.
Good connectivity is essential. Proximity to parks and cultural spots adds value. Easy access to Midtown and the Financial District also attracts renters and buyers, making these neighborhoods even more desirable.
Recent data shows luxury prices in 2025 are holding strong. The city’s median price is at a record high, with Manhattan and Brooklyn leading the list. Queens remains steady, showing why certain areas are considered the richest in New York City.
Amenities, architecture, and prestige as core value pillars
Services like concierge and private wellness centers offer convenience. The mix of historic buildings and modern towers in Hudson Yards is unique. Prestige addresses increase resale value in the richest areas of New York.
Inventory scarcity and mixed-use vibrancy fuel long-term appreciation
Small, sought-after areas like NoHo and Central Park South have limited listings. Neighborhoods with a mix of retail, office, and cultural spaces, like Hudson Yards and the Theatre District–Times Square, stay active year-round. This activity supports property values in the richest neighborhoods.
Connectivity to parks, culture, and employment hubs elevates demand
Access to parks, theaters, museums, and offices makes daily life easier. This mix keeps the richest NYC neighborhoods attractive to buyers who value convenience, culture, and a strong rental market.
Conclusion
Q2 2025 showed Hudson Yards as the priciest place in New York, with a median of $5.95 million. Tribeca came next at $4.15 million, and SoHo was close at $3.68–$3.69 million. The city’s median price hit a record $799,000, a 4% jump from last year.
Manhattan led in luxury, but Brooklyn also made the top 50, showing luxury is widespread. Queens stayed the same, with Fresh Meadows at about $1.15 million. Downtown areas like Little Italy and NoHo remained strong, thanks to their location and charm.
Scarcity of homes, unique buildings, and access to parks and jobs drive demand. This is why Hudson Yards, Tribeca, and SoHo stay at the top. For those looking to invest, these areas show the value of premium locations.
The most expensive places in New York are more than just high prices. They offer a certain lifestyle and prestige. From the West Village to DUMBO, and from Central Park South to Flatiron, the market values curated amenities and connectivity.
FAQ
What are the most expensive neighborhoods in NYC right now?
What is the most expensive neighborhood in NYC?
How did the NYC housing market perform in Q2 2025?
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a .95 million median sale price in Q2 2025. Tribeca follows at .15 million. SoHo is around .68–.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a .95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record 9,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
million median, and five cleared million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit .15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around .68–.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around .59 million. NoHo and Central Park South also rose, with medians near .5 million and .25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a .95 million median sale price in Q2 2025. Tribeca follows at .15 million. SoHo is around .68–.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a .95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record 9,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
million median, and five cleared million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit .15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around .68–.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around .59 million. NoHo and Central Park South also rose, with medians near .5 million and .25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a .95 million median sale price in Q2 2025. Tribeca follows at .15 million. SoHo is around .68–.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a .95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record 9,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
million median, and five cleared million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit .15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around .68–.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around .59 million. NoHo and Central Park South also rose, with medians near .5 million and .25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a .95 million median sale price in Q2 2025. Tribeca follows at .15 million. SoHo is around .68–.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a .95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record 9,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
million median, and five cleared million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit .15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around .68–.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around .59 million. NoHo and Central Park South also rose, with medians near .5 million and .25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
Which boroughs dominate the most expensive NYC neighborhoods?
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a .95 million median sale price in Q2 2025. Tribeca follows at .15 million. SoHo is around .68–.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a .95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record 9,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
million median, and five cleared million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit .15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around .68–.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around .59 million. NoHo and Central Park South also rose, with medians near .5 million and .25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a .95 million median sale price in Q2 2025. Tribeca follows at .15 million. SoHo is around .68–.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a .95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record 9,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
million median, and five cleared million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit .15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around .68–.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around .59 million. NoHo and Central Park South also rose, with medians near .5 million and .25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a .95 million median sale price in Q2 2025. Tribeca follows at .15 million. SoHo is around .68–.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a .95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record 9,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
million median, and five cleared million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit .15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around .68–.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around .59 million. NoHo and Central Park South also rose, with medians near .5 million and .25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a .95 million median sale price in Q2 2025. Tribeca follows at .15 million. SoHo is around .68–.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a .95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record 9,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
million median, and five cleared million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit .15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around .68–.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around .59 million. NoHo and Central Park South also rose, with medians near .5 million and .25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
Does the ranking include all five boroughs?
Why is Hudson Yards so expensive?
How strong is Tribeca’s market right now?
What keeps SoHo among the most expensive NYC neighborhoods?
Which rising or newcomer areas are notable in 2025?
What are the most expensive neighborhoods in Brooklyn?
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a .95 million median sale price in Q2 2025. Tribeca follows at .15 million. SoHo is around .68–.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a .95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record 9,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
million median, and five cleared million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit .15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around .68–.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around .59 million. NoHo and Central Park South also rose, with medians near .5 million and .25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a .95 million median sale price in Q2 2025. Tribeca follows at .15 million. SoHo is around .68–.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a .95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record 9,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
million median, and five cleared million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit .15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around .68–.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around .59 million. NoHo and Central Park South also rose, with medians near .5 million and .25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a .95 million median sale price in Q2 2025. Tribeca follows at .15 million. SoHo is around .68–.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a .95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record 9,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
million median, and five cleared million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit .15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around .68–.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around .59 million. NoHo and Central Park South also rose, with medians near .5 million and .25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a .95 million median sale price in Q2 2025. Tribeca follows at .15 million. SoHo is around .68–.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a .95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record 9,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
million median, and five cleared million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit .15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around .68–.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around .59 million. NoHo and Central Park South also rose, with medians near .5 million and .25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
Which Midtown and Downtown contenders are gaining traction?
What factors make the richest areas in New York so resilient?
What is the most expensive place to live in New York City for park views?
Which downtown clusters show the strongest momentum?
How did Queens perform relative to Manhattan and Brooklyn?
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a .95 million median sale price in Q2 2025. Tribeca follows at .15 million. SoHo is around .68–.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a .95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record 9,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
million median, and five cleared million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit .15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around .68–.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around .59 million. NoHo and Central Park South also rose, with medians near .5 million and .25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a .95 million median sale price in Q2 2025. Tribeca follows at .15 million. SoHo is around .68–.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a .95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record 9,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
million median, and five cleared million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit .15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around .68–.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around .59 million. NoHo and Central Park South also rose, with medians near .5 million and .25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a .95 million median sale price in Q2 2025. Tribeca follows at .15 million. SoHo is around .68–.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a .95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record 9,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
million median, and five cleared million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit .15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around .68–.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around .59 million. NoHo and Central Park South also rose, with medians near .5 million and .25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a .95 million median sale price in Q2 2025. Tribeca follows at .15 million. SoHo is around .68–.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a .95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record 9,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
million median, and five cleared million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit .15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around .68–.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around .59 million. NoHo and Central Park South also rose, with medians near .5 million and .25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly
FAQ
What are the most expensive neighborhoods in NYC right now?
Hudson Yards leads with a $5.95 million median sale price in Q2 2025. Tribeca follows at $4.15 million. SoHo is around $3.68–$3.69 million. Little Italy, NoHo, Central Park South, and Nolita are also very pricey.
What is the most expensive neighborhood in NYC?
Hudson Yards is the most expensive with a $5.95 million median sale price in Q2 2025. It has held this spot for six years.
How did the NYC housing market perform in Q2 2025?
The citywide median sale price hit a record $799,000, up 4% year-over-year. There were 7,118 residential transactions. Thirty-nine neighborhoods surpassed a $1 million median, and five cleared $2 million.
Which boroughs dominate the most expensive NYC neighborhoods?
Manhattan leads in pricing and prestige. Brooklyn matched Manhattan’s count in the top 50. Queens stayed steady, with Fresh Meadows at about $1.15 million.
Does the ranking include all five boroughs?
No. PropertyShark’s Q2 2025 ranking excludes Staten Island and the Bronx. It compares sales from April 1 to June 30, 2025, with the same period in 2024.
Why is Hudson Yards so expensive?
It has limited ultra-modern inventory and energy-efficient towers. Full-service amenities and direct 7 train access also drive prices. Its location near Hudson River Park and Penn Station adds to its value.
How strong is Tribeca’s market right now?
Tribeca’s median sale price hit $4.15 million, up 43% year-over-year. Over 100 sales happened in Q2. Loft conversions, celebrity homes, and Hudson River Park access boost its appeal.
What keeps SoHo among the most expensive NYC neighborhoods?
SoHo’s cast-iron architecture and loft-style homes attract buyers. Mixed-use zoning and world-class retail also contribute to its high value. This makes its median around $3.68–$3.69 million.
Which rising or newcomer areas are notable in 2025?
Little Italy saw a breakout median around $4.59 million. NoHo and Central Park South also rose, with medians near $3.5 million and $3.25 million. These areas reflect scarcity and prestige.
What are the most expensive neighborhoods in Brooklyn?
Columbia Street Waterfront District is Brooklyn’s priciest at about $1.92 million. Boerum Hill, DUMBO, and Brooklyn Heights are also blue-chip. Carroll Gardens saw surging sales with a moderated median.
Which Midtown and Downtown contenders are gaining traction?
Theatre District–Times Square approached a ~$2.97 million median. New development and Broadway access boost it. Flatiron and the Bowery also show promise with their design and location.
What factors make the richest areas in New York so resilient?
Top amenities, architectural quality, and prestige are key. Scarcity and mixed-use vibrancy also play a role. Proximity to parks, culture, and jobs adds to their value.
What is the most expensive place to live in New York City for park views?
Central Park South is renowned for its park-front luxury towers. It offers concierge-level services and easy access to Midtown.
Which downtown clusters show the strongest momentum?
Little Italy, NoHo, and Nolita in Lower Manhattan are known for their character-rich lofts and boutique condos. They reinforce downtown’s pricing power.
How did Queens perform relative to Manhattan and Brooklyn?
Queens accounted for about a third of transactions but prices stayed flat. Fresh Meadows led the borough at roughly $1.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
.15 million. Hunters Point and Long Island City have moderate medians.
Are ties possible in the ranking of the most expensive New York neighborhoods?
Yes. Ties occurred in Q2 2025, with 54 neighborhoods qualifying for 50 spots in the PropertyShark list.
What is the most expensive area in New York for new, integrated development?
Hudson Yards is the leader. It combines residential, corporate, retail, and cultural spaces. Think 15, 30, and 35 Hudson Yards, the Edge, and the Vessel.
Which Manhattan areas beyond the top three remain highly ranked?
West Village, Flatiron District, Hudson Square, Central Park South, and Theatre District–Times Square are among the most expensive. Each offers unique lifestyle draws.
Is Gramercy Park expensive?
Yes. Gramercy Park is a rich neighborhood in NYC. It’s prized for its private park access, classic architecture, and stable, high-end co-op and condo stock.
What is the richest part of New York City overall?
By median sale price, Hudson Yards is the richest part of NYC in Q2 2025. Manhattan’s ultra-prime districts—Hudson Yards, Tribeca, SoHo, and Central Park South—define the wealth core.
Where can buyers find strong investment opportunities among expensive neighborhoods?
Tribeca and SoHo offer depth and rental strength. Flatiron and Theatre District–Times Square benefit from development and transit. NoHo and Nolita combine scarcity with global appeal, supporting long-term appreciation.
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