Manhattan
Manhattan
For buyers focused on affordability, Nolita has the lower median sale price at $35K vs $2.1M in Midtown.
Investors analyzing rental yield will find Nolita 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 13 in Nolita.
| Metric | Midtown | Nolita |
|---|---|---|
| Median Sale Price | $2,095,000 | $34,500 |
| Median Condo Price | $2,187,500 | $1,541,643.5 |
| Median Co-op Price | $834,500 | $34,500 |
| Median Rent | $6,000 | $5,495 |
| Active Listings | 369 | 18 |
| Rental Inventory | 409 | 128 |
| Days on Market | 96 | 13 |
| Price Cut Share | 7.0% | 11.8% |
| Monthly Sales Volume | 22 | 3 |
| YoY Price Change | +19.7% | 0.0% |
| YoY Rent Change | +21.2% | +11.6% |
| YoY Inventory Change | +10.5% | -5.3% |
| Subway Lines | 1 2 3 4 5 6 7 A B C D E F M N Q R S W | 1 6 A B C D E J N Q R W Z |
Prices in Midtown moved +19.7% over the past year, compared to 0.0% in Nolita. The +19.7% gain in Midtown reflects stronger buyer demand relative to available inventory in that market.
Midtown 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 ReportNolita (North of Little Italy) is a stylish and intimate neighborhood known for its narrow streets, boutique shopping, and cozy cafes. It offers a village-like atmosphere that feels worlds away from the surrounding bustle. The real estate market is characterized by historic low-rise walk-up buildings and a select few modern boutique condominiums that offer a high level of design and luxury in one of Manhattan's most fashionable and walkable districts.
View Full Market ReportTimes 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
Spring St (6 C E) — 0.0 mi
Prince St (N R W) — 0.1 mi
Bowery (J Z) — 0.2 mi
Grand St (B D) — 0.3 mi
Canal St (1 6 A C E J N Q R W Z) — 0.3 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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