These Are The Most Expensive Neighborhoods In NYC, Study Shows

NEW YORK CITY — Living in New York City can be expensive, but a new study shows which neighborhoods are the most costly to live in.

PropertyShark in their new study used data from closed residential property sales recorded in the Automated City Register Information System (ACRIS).

They compared data to come up with median sale prices between April 1 and June 30, 2023, and April 1 and June 30, 2024, according to the study.

The result was that Hudson Yards had the highest median sale price in the city, around $7.5 million.

An overall look at the data also showed that prices in Manhattan stayed the same in the second quarter of 2024.

In Brooklyn, median costs have increased by about 12%., according to the study. Brooklyn provided two of the sharpest sales increases with Greenpoint & Greenwood Heights, as well as the most significant slowdown in sales with Boerum Hill & Carroll Gardens.

Here is the list of the expensive neighborhoods in New York City:

1. Hudson Yards in Manhattan

2. SoHo in Manhattan

3. TriBeCa in Manhattan

4. Hudson Square in Manhattan

5. Little Italy in Manhattan

6. Chinatown in Manhattan

7. Cobble Hill in Brooklyn

8. Carroll Gardens in Brooklyn

9. Flatiron District in Manhattan

10. West Village in Manhattan

11. Chelsea in Manhattan

12. Downtown Brooklyn in Brooklyn

13. Greenwood Heights in Brooklyn

14. DUMBO in Brooklyn

15. Boerum Hill in Brooklyn

16. Williamsburg in Brooklyn

17. Brooklyn Heights in Brooklyn

18. Prospect Heights in Brooklyn

19. Gowanus in Brooklyn

20. Battery Park City in Manhattan