[VIDEO] This is the Most Expensive Neighborhood in NYC

That’s according to a new study from real-estate data portal PropertyShark, which has crowned Hudson Yards on Manhattan’s far west side for the top spot with a median home sale price of $7.5 million. For nearly five years, this district — known for its shops, towering buildings and Vessel sculpture — has kept this privileged position in PropertyShark’s ranking.

What’s more, the current median of $7.5 million marks quite a rise from the $5.75 million median home sale price tallied in Hudson Yards last year. Still, PropertyShark adds, the number of deals for homes in the area fell year-over-year by 62%, marking one of the most significant annual sales drops among the city’s most expensive areas.

via NYP

Matt Coneybeare

Matt Coneybeare

Editor in Chief

Matt enjoys exploring the City's with his partner and son. He is an avid marathon runner, and spends most of his time eating, running, and working on cool stuff.

Something wrong with this post? Let us know!

Brought To You By…