New Yorkers don’t need a report to tell them that they can’t afford a good part of the city’s real estate.
But exactly how much does your dream neighborhood demand per square foot?
StreetEasy crunched the data for the majority of New York City’s enclaves to determine the priciest areas based on the median price per square foot.
Unsurprisingly, the top 20 were all in Manhattan with the exception of the equally pricey DUMBO, Brooklyn.
The five priciest were the longtime desirable and notoriously expensive neighborhoods of Central Park South ($2,521.05), Tribeca ($2,018.53), Nolita ($2,005.06), SoHo ($1,991.89) and Flatiron ($1,928.92).
StreetEasy also noted some of the “more down-to-earth square-foot prices,” as Manhattan’s Lower East Side ($999) and Sutton Place ($957), and Brooklyn’s Greenpoint ($988) and Prospect Heights ($963).
Their picks for the “low end of the scale” were all outside of Brooklyn and Queens. (Note: The analysis did not include Staten Island).
These neighborhoods included Kew Gardens, Queens ($256), Parkchester, Bronx ($175) and Springfield Gardens, Queens ($99).
By: Cristabelle Tumola, Metro New York[Feature Image Courtesy Instagram]