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25+ years experience · 1,000+ transactions · 5-star reviews
Manhattan
Manhattan
For buyers focused on affordability, Manhattan has the lower median sale price at $1.1M vs $2.1M in Midtown.
Investors analyzing rental yield will find Manhattan offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Midtown, which is served by 19 subway lines compared to 5 in Manhattan.
| Metric | Manhattan | Midtown |
|---|---|---|
| Median Sale Price | $1,129,900 | $2,095,000 |
| Median Condo Price | $1,550,000 | $2,187,500 |
| Median Co-op Price | $865,000 | $834,500 |
| Median Rent | $4,750 | $6,000 |
| Active Listings | 7987 | 369 |
| Rental Inventory | 13608 | 409 |
| Days on Market | 64 | 96 |
| Price Cut Share | 11.7% | 7.0% |
| Monthly Sales Volume | 758 | 22 |
| YoY Price Change | +2.7% | +19.7% |
| YoY Rent Change | +7.5% | +21.2% |
| YoY Inventory Change | -0.5% | +10.5% |
| Subway Lines | 1 2 3 B C | 1 2 3 4 5 6 7 A B C D E F M N Q R S W |
Prices in Manhattan moved +2.7% over the past year, compared to +19.7% in Midtown. The +19.7% gain in Midtown reflects stronger buyer demand relative to available inventory in that market.
Manhattan is the most densely built borough in New York City, stretching 13 miles from Battery Park to Inwood and encompassing over 70 distinct neighborhoods. The housing stock ranges from prewar co-ops on the Upper East Side to luxury glass-tower condominiums in Hudson Yards, from cast-iron loft conversions in SoHo to brownstone townhouses in Harlem. Fourteen subway lines, the PATH train, and multiple ferry routes provide extensive transit coverage.
View Full Market ReportMidtown Manhattan is the city's primary commercial and transit hub, home to Grand Central Terminal, Rockefeller Center, Bryant Park, and the Empire State Building. The residential market features luxury condo towers, classic pre-war cooperatives, and postwar doorman buildings served by nearly every subway line in the system. Properties range from high-floor units with skyline panoramas to well-maintained co-ops along the tree-lined side streets east and west of Fifth Avenue.
View Full Market Report81 St-Museum of Natural History (B C) — 0.1 mi
86 St (1 B C) — 0.2 mi
79 St (1) — 0.5 mi
72 St (1 2 3 B C) — 0.5 mi
96 St (1 2 3 B C) — 0.7 mi
Times Sq-42 St (1 2 3 7 N Q R S W) — 0.2 mi
42 St-Port Authority (A C E) — 0.4 mi
Grand Central-42 St (4 5 6 7 S) — 0.4 mi
34 St-Herald Sq (B D F M N Q R W) — 0.4 mi
34 St-Penn Station (1 2 3 A C E) — 0.5 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.
With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.
