Manhattan
Manhattan
For buyers focused on affordability, Tribeca has the lower median sale price at $3.5M vs $3.8M in Soho.
Commuters have more transit options in Soho, which is served by 11 subway lines compared to 8 in Tribeca.
| Metric | Soho | Tribeca |
|---|---|---|
| Median Sale Price | $3,805,000 | $3,500,000 |
| Median Condo Price | $3,049,999.5 | $3,350,000 |
| Median Co-op Price | $3,675,000 | $3,125,000 |
| Median Rent | $8,495 | $7,672.5 |
| Active Listings | 145 | 173 |
| Rental Inventory | 147 | 204 |
| Days on Market | 72 | 101 |
| Price Cut Share | 12.4% | 9.8% |
| Monthly Sales Volume | 12 | 21 |
| YoY Price Change | +25.5% | +6.1% |
| YoY Rent Change | +14.0% | -0.6% |
| YoY Inventory Change | +0.7% | -19.2% |
| Subway Lines | 1 6 A C E J N Q R W Z | 1 2 3 A C E R W |
Prices in Soho moved +25.5% over the past year, compared to +6.1% in Tribeca. The +25.5% gain in Soho reflects stronger buyer demand relative to available inventory in that market.
SoHo contains the world's largest concentration of cast-iron architecture, with approximately 250 landmarked buildings within the SoHo-Cast Iron Historic District. The housing stock centers on spacious loft conversions with high ceilings and oversized windows, alongside luxury condominiums and pre-war walk-ups, served by the C, E, N, Q, R, W, 1, 4, and 6 trains. The cobblestone streets and commercial corridors along Broadway, West Broadway, and Prince Street define one of Manhattan's most architecturally distinctive neighborhoods.
View Full Market ReportTribeca (the Triangle Below Canal) is synonymous with ultra-luxury and understated elegance. Once an industrial district, it is now home to some of the city's most expensive and sought-after real estate. The neighborhood is defined by its massive cast-iron loft buildings, cobblestone streets, and nearby public schools. Residents enjoy a discreet lifestyle in expansive lofts or in world-class new developments designed by 'starchitects' along the Hudson River waterfront.
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
Chambers St (1 2 3 A C) — 0.1 mi
City Hall (R W) — 0.2 mi
Park Place (2 3) — 0.2 mi
Franklin St (1) — 0.2 mi
World Trade Center (E) — 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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