NYC Neighborhood Comparison
Side-by-side market data, transit, and neighborhood profiles to help you decide.
Manhattan
Manhattan
For buyers focused on affordability, Financial District has the lower median sale price at $938K vs $1.5M in All Downtown.
Investors analyzing rental yield will find Financial District offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in All Downtown, which is served by 11 subway lines compared to 9 in Financial District.
| Metric | All Downtown | Financial District |
|---|---|---|
| Median Sale Price | $1,502,500 | $937,500 |
| Median Condo Price | $2,100,000 | $937,500 |
| Median Co-op Price | $970,000 | $650,000 |
| Median Rent | $5,495 | $4,800 |
| Active Listings | 2387 | 346 |
| Rental Inventory | 4719 | 831 |
| Days on Market | 67 | 79 |
| Price Cut Share | 11.5% | 8.7% |
| Monthly Sales Volume | 242 | 24 |
| YoY Price Change | +11.3% | -8.8% |
| YoY Rent Change | +9.4% | +3.2% |
| YoY Inventory Change | +0.6% | +12.0% |
| Subway Lines | 1 6 A C E J N Q R W Z | 1 2 3 4 5 J R W Z |
Prices in All Downtown moved +11.3% over the past year, compared to -8.8% in Financial District. All Downtown is seeing price appreciation while Financial District has softened, pointing to different supply-demand dynamics in each market.
Downtown Manhattan encompasses the neighborhoods south of 14th Street, from the glass towers of the Financial District to the cast-iron lofts of SoHo and the brownstone blocks of the West Village. The housing stock includes luxury new-construction condominiums, prewar co-ops, converted warehouse lofts, and historic townhouses. Multiple subway lines converge at Fulton Center and Union Square, and the PATH train connects to New Jersey.
View Full Market ReportThe Financial District occupies the southern tip of Manhattan, where landmark office towers have been converted into spacious residential lofts alongside new luxury high-rise condominiums with river and harbor views. The Oculus and Fulton Center transit hubs connect over a dozen subway lines, including the 2, 3, 4, 5, A, C, J, and Z trains, making it one of the best-connected neighborhoods in the city. Battery Park, Bowling Green, and the 9/11 Memorial provide open green space and waterfront access at the foot of the skyline.
View Full Market ReportCanal St (1 6 A C E J N Q R W Z) — 0.1 mi
Spring St (6 C E) — 0.2 mi
Prince St (N R W) — 0.3 mi
Franklin St (1) — 0.3 mi
Bowery (J Z) — 0.5 mi
Wall St (2 3 4 5) — 0.0 mi
Broad St (J Z) — 0.1 mi
Rector St (1 R W) — 0.1 mi
Cortlandt St (R W) — 0.2 mi
Bowling Green (4 5) — 0.2 mi
Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 1/1/1970.
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