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Manhattan Neighborhoods: Forbes "Most Expensive Zip Codes"

By Mitchell J Hall

Real Estate Agent

September 30, 2010 11:21 AM

"Could I begin life again,

knowing what I now know...,

I would buy every foot of land on the island of Manhattan" -

John Jacob Astor

(July 17, 1763 – March 29, 1848)

Several Manhattan neighborhood zip codes made the recent Forbes "Most Expensive Zip Codes" list.

#5 New York, NY 10014 - The West Village, Greenwich Village - Median Home price: $3,785,445 - Up 7% from 1 year ago

#7 New York, NY 10065 - Upper East Side, (East 60's) - Median home price: $3,626,001 - Up 14% from 1 year ago.

#9 New York, NY 10012 - Soho - Median home price: $3,221,371 - Up 22% from 1 year ago.

#12 New York, NY 10013 - Tribeca- Median home price: $3,101,8487 Up 7% from 1 year ago.

#22 New York, NY 10003 - The East Village - median home price: $2,825,587 Up 12% from 1 year ago.

#25 New York, NY 10021 - Upper East Side - median home price: $2,671,676. Up 6% from 1 year ago.

#26 New York, NY 10028 - Upper East Side - median home price: $2,601,550 Up 8% from 1 year ago.

#32 New York, NY 10024 - Upper West Side - median home: $2,486,757 Up 6% from 1 year ago

#40 New York, NY 10069 - Riverside Boulevard/Riverside South - median home price: $2,235,185 Up 55% from year ago.

#45 New York, NY 10007 - Park Row - median home price: $2,147,184 Down 16% from year ago.

#50 New York, NY 10011 - Chelsea - median home price: $2,110,581. Up 7% from 1 year ago

Forbes Most Expensive Zip Codes

Courtesy of:

Mitchell Hall, Associate Broker, The Corcoran Group

Apartment and Townhouse listings by email

How much is your Manhattan apartment or townhouse worth in today's market?

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Ruthmarie Hicks

Keller Williams NY Realty - 120 Bloomingdale Road #101, White Plains NY 10605 - White Plains, NY

Good point - But when I think of John Jacob Astor - I think of the one that went down on the Titanic.

Sep 30, 2010 01:34 PM

Jane Peters

Home Jane Realty - Los Angeles, CA

Los Angeles real estate concierge services

I need to bookend this post in L.A.

Sep 30, 2010 02:07 PM

Mitchell J Hall

Manhattan, NY

Lic Associate RE Broker - Manhattan & Brooklyn

Hi Ruthmarie, His great grandfather made the money in real estate and fur trading. He was the first multi millionaire in the US

Hi Jane, I was suprised The West Village beat Beverly Hills #6. Number 1 is Duarte California.

Sep 30, 2010 02:17 PM

Roger D. Mucci

Shaken...with a Twist 216.633.2092 - Euclid, OH

Lets shake things up at your home today!

Mitchell I'm surprised Tribeca isn't higher on the list..............very interesting list.

Sep 30, 2010 03:00 PM

Mitchell J Hall

Manhattan, NY

Lic Associate RE Broker - Manhattan & Brooklyn

Hi Roger, Interesting, Tribeca was the most expensive zip code in NYC last year. There have been a few $10 million plus sales at Superior Ink Condos and Townhouses in the West Village in 10014.

Sep 30, 2010 04:20 PM

Ron and Alexandra Seigel

Napa Consultants - Carpinteria, CA

Luxury Real Estate Branding, Marketing & Strategy

Mitchell,

Love the Astor quote, I think a lot of people would say that! Thanks for sharing with us the different areas of New York. It is wonderful that the demand continues and grows.

Sep 30, 2010 06:36 PM

Mitchell J Hall

Manhattan, NY

Lic Associate RE Broker - Manhattan & Brooklyn

Hi Ron and Alexandra, Thank you. The Astor quote is one of my favorite quotes. We are fortunate that our market is exhibiting such demand. So far the Fall Season has been very strong. We are entering the last quarter with a sense of excitement and anticipation.

Oct 01, 2010 04:17 AM

Jane Peters

Home Jane Realty - Los Angeles, CA

Los Angeles real estate concierge services

Duarte???? That will have to be investigated. Duarte????

Oct 01, 2010 08:44 AM

Mitchell J Hall

Manhattan, NY

Lic Associate RE Broker - Manhattan & Brooklyn

I think it's in LA. near Pasadena.

Oct 01, 2010 09:17 AM

Debbie Gartner

The Flooring Girl - White Plains, NY

The Flooring Girl & Blog Stylist -Dynamo Marketers

Wow, what a powerful quote. Yes, I know it's expensive in our neck of the woods. But, wow.

Oh, LOL abt Ruthmarie's quote. yes, I do know his history, but I guess when I read A Night to Remember I always thought about both aspects. Same thing when I went to Newport.

Oct 03, 2010 02:54 AM

Michael Bergin

Coldwell Banker Residential Brokerage - ABR - SRES - Alexandria, VA

Northern Virginia Real Estate

Fascinating list - I would also question Atherton, CA. Isn't that just outside of Sacramento? Not exactly a garden spot. And what about Hawaii - very expensive.

Oct 03, 2010 12:23 PM

Lise Howe

Keller Williams Capital Properties - Washington, DC

Assoc. Broker in DC, MD, VA and attorney in DC

All I can say is - my poor son - he and his girl friend are doing well in New York but when you look at these prices - wow - I am glad they are doing well, but it never seems that you are ever doing well enough!

Oct 03, 2010 01:40 PM

Mitchell J Hall

Manhattan, NY

Lic Associate RE Broker - Manhattan & Brooklyn

Hi Debbie, Some of the greatest buildings in New York were built by the Astor family. The Waldorf Astoria hotel built by William Waldorf Astor is on the site of the original Astor mansion

David, LOL, New Jersey is a suburb of New York. There is something to be said about salt water. The closer to it the more expensive property values. Bi coastal is even better.

Hi Michael, David answered your question about Atherton. Thanks David. 96703, Anahola, Hawaii #60.

Oct 03, 2010 01:41 PM

Mitchell J Hall

Manhattan, NY

Lic Associate RE Broker - Manhattan & Brooklyn

Lise, I hear you. I had a couple tell me after we left a showing, that if they were in the suburbs they would be considered rich but here they felt poor. It's all relative. There are a lot of good deals too. I'm in zip code 10024 in a really nice luxury building but my apartment is not worth $2.5M. Several sales above $10M can skew the zip code higher.

Oct 03, 2010 01:52 PM

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