Traffic & Transit

Billionaires' Rows: These Streets Are NYC's Priciest, Study Says

The median home sold for more than $2 million on 15 NYC corridors, a recent report says. Here's where they are.

Central Park South is the city's most expensive street, according to the PropertyClub report.
Central Park South is the city's most expensive street, according to the PropertyClub report. (Image from Google Maps)

NEW YORK — Turns out there's more than one "Billionaires' Row." Billions of dollars worth of real estate has been sold this year on New York City's 15 priciest streets, where typical homes go for more than $2 million, a recent study shows.

Fourteen corridors in Manhattan and one in Brooklyn rank at the top of PropertyClub's Oct. 15 list of the city's 50 most expensive streets, based on closed residential sales for the first seven months of this year.

Central Park South, a ritzy stretch considered part of Midtown's original Billionaires' Row, took the top spot with a median sale price of $9.8 million, PropertyClub's report says.

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The street saw 53 sales from January through July worth nearly $935 million, according to the report. That number ostensibly includes hedge-fund billionaire Ken Griffin's reported record-setting purchase of a $238 million penthouse at 220 Central Park South.

Griffin's new neighborhood far outpaced the Upper West Side's West 81st Street, which ranked second on PropertyClub's list with a median sale price of nearly $5.9 million. Tribeca's Murray Street wasn't far behind at No. 3 with a median price of roughly $5.4 million, according to the report.

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Cobble Hill's Amity Street was the only Kings County corridor to make the top 15 with a median price of about $2.5 million, good enough for the No. 11 spot, PropertyClub says.

The 15 priciest streets had a total sales volume of about $3.4 billion in the first seven months of 2019, according to PropertyClub's numbers. The report accounted for sales of condos, co-ops, and one-and-two-family homes, excluding transactions with undisclosed dollar amounts.

Check out the table below to see which other streets made PropertyClub's list. Read the full report here.

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