Hudson Yards holds the title of New York City's most expensive neighborhood with a median sale price just under $6 million, despite a 21-percent year-over-year decline. It remains a luxury destination since its 2019 debut, outperforming other neighborhoods like TriBeCa and SoHo. TriBeCa returned to the number two spot, with a 43-percent price increase to $4.15 million. A total of 39 neighborhoods surpassed the $1 million mark this quarter, and Manhattan Beach recorded a significant price surge of 197 percent, showcasing real estate dynamics across the city.
Hudson Yards has once again claimed the crown as New York City's most expensive neighborhood, with a median sale price just shy of $6 million.
Despite a 21-percent year-over-year price dip, Hudson Yards edged out perennial power players, maintaining its status as a real estate flex since 2019.
TriBeCa roared back to #2 with a median sale price of $4.15 million, driven by blockbuster condo deals and a significant increase in transactions.
39 NYC neighborhoods surpassed the $1 million median mark this quarter, with Manhattan and Brooklyn each claiming 23 spots on the top 50 list.
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