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25+ years experience · 1,000+ transactions · 5-star reviews
Manhattan · New York, NY
0 active listings · Median $830K
Calculating market narrative...
A mixed-stock submarket with rents at the 5-year high and sale values below the 5-year high.
Median asking rent in Financial District sits at $4,925/month, matching the 5-year high. Rents are up +5.9% year over year and +23.1% over the past 5 years. Median sale price stands at $830K, 48.1% below the 5-year high recorded in Nov 2022. Sale prices are down -9.4% year over year. Sale listings are clearing 4 days faster than at this point last year.
Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.
Source: StreetEasy market data, through Jun 2026.
The 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, includ...
In my 25+ years selling real estate across New York City, I use this Financial District data in real negotiations, not just for a web page.
Stations: Wall St (0.03 mi), Broad St (0.06 mi), Rector St (0.09 mi), Cortlandt St (0.21 mi), Bowling Green (0.24 mi)
Midtown: 11 min (2 express from Wall St)
| School | Grades | Dist |
|---|---|---|
| P.S. 89 (Liberty School) | PK-5 | 0.59 mi |
| P.S. 234 Independence School | PK-5 | 0.65 mi |
| P.S. 150 Tribeca Learning Center | PK-5 | 0.82 mi |
| I.S. 312 NYC Lab Middle School | 6-8 | 0.58 mi |
| I.S. 289 (Hudson River Middle School) | 6-8 | 0.59 mi |
| Stuyvesant High School | 9-12 | 0.73 mi |
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
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Calculating market narrative...
| Inventory & Activity | |
| Active Listings | 374 |
| Pending Sales | -- |
| New This Week | -- |
| New This Month | -- |
| Avg DOM | 80 days |
| Price Cut Rate | 11.5% |
| Recent Sales | |
| Sold Last 30 Days | -- |
| Sold Last 90 Days | -- |
| Sale-to-List | 97.0% |
| Asking Prices | |
| Median Asking | $830,000 |
| Average Asking | -- |
| Median $/SqFt | -- |
| Median Condo | $880,000 |
| Median Co-op | $705,000 |
Based on active listings in Financial District
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Loading... | |||
View active listings by size:
Properties in Financial District
No listings currently available. Contact Milton
REBNY/RLS Disclaimer: 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 is refreshed every 15 minutes per REBNY IDX requirements.
Experience across NYC
Transactions closed
Transactions in Financial District
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Financial District buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
"Milton made the entire buying process seamless. His knowledge of the local market and negotiation skills saved us thousands. Highly recommend for anyone looking in Upper Manhattan."
"We sold our co-op in record time thanks to Milton's marketing strategy. Professional photography, virtual tour, and targeted digital ads brought multiple offers within the first week."
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The median sale price in Financial District is $830K. Condos sit at a median of $880K and co-ops at $705K. Sale prices are down 9.4% year over year.
No. The median sale price in Financial District is currently 48.1% below the 5-year high recorded in November 2022. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in Financial District have a median of 80 days on market. That is 4 days faster than the same point a year ago. Roughly 11.5% of active listings have recorded a price cut, suggesting some negotiating room.
Financial District is broadly balanced right now, with median days on market at 80 days and 11.5% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.
Financial District offers both co-ops and condos. The two segments price similarly, with condos at a $880K median and co-ops at $705K.
Roughly 18 homes change hands each month in Financial District across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.
The overall median asking rent in Financial District is $4,925/month. Rents are up 5.9% year over year.
Yes. The median asking rent in Financial District is currently at the 5-year high. Tenants searching the neighborhood right now are competing in a market priced at peak.
Median asking rent in Financial District has risen 23.1% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.
Within walking or short-transit distance of Financial District, median sale prices range across Chinatown at $9.8M, Tribeca at $3.0M, Battery Park City at $1.6M, Little Italy at $735K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Financial District is served by the 1, 2, 3, 4, 5, J, R, W, Z trains. The commute to Midtown Manhattan runs roughly 11 minutes from Wall St.
Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Financial District, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: milton@miltoncoste.com.
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Licensed Real Estate Associate Broker
Keller Williams NYC · NY #10301213304
25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in Financial District, I will guide you every step of the way.
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