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25+ years experience · 1,000+ transactions · 5-star reviews
Manhattan · New York, NY
224 active listings · Median $1.3M · 114 days on market
Financial District has 10 months of supply (how long today's 226 listings would last at the 6-month pace of about 23 sales a month if nothing new came on the market), and homes sold at about 96% of their original asking price over the past 6 months (RLS/REBNY closed and active listings).
· Closed sales April 2, 2026 to October 2, 2026; listings active on October 2, 2026.
Financial District has 10 months of supply (how long today's 226 listings would last at the 6-month pace of about 23 sales a month if nothing new came on the market), and homes sold at about 96% of their original asking price over the past 6 months (RLS/REBNY closed and active listings).
Absorption: about 10% of listings sell in a typical month.
| Apartment type | For sale now | Sold per month | Months of supplyhow long listings would last | Sold vs. original asksale price ÷ first asking price | Median days, listing to closingincludes contract-to-closing time |
|---|---|---|---|---|---|
| 2-bedroom condoIn line with the neighborhood | 50 | 5.8 | 8.6 | 95% | 182 |
| 1-bedroom condoIn line with the neighborhood | 83 | 9.2 | 9.1 | 96% | 153 |
| 3-bedroom condoIn line with the neighborhood | 24 | 2.5 | 9.6 | 97% | 126 |
| Studio condoIn line with the neighborhood | 50 | 3.7 | 13.6 | 94% | 167 |
Only apartment types with at least 6 recorded sales in the period are shown. Off-market and owner-sold homes are not in RLS data.
Get the numbers for your apartment type
Tell me the type and size of your apartment and I will send you its segment, sale by sale.
Get the numbers for your apartment typeHow long it would take to sell every home now listed if sales kept their recent pace and no new listings came on. A lower number means buyers have fewer homes to choose from.
The share of listed homes that sell in a typical month. An absorption rate of 25% means about one in four listings sells each month; it is the same measure as months of supply, turned around.
The price a home was listed at when it first came on the market, before any price cuts. Comparing the sale price with it shows how much room buyers negotiated.
Listing and sales data courtesy of the Real Estate Board of New York Residential Listing Service (RLS). Deemed reliable but not guaranteed.
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 is $1.28M. Sale prices are down -2.7% year over year. Sale listings are clearing 33 days slower 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.
Sale figures: RLS/REBNY closed and active listings, April 2, 2026 to October 2, 2026. Rents: 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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The Financial District mixes office towers converted to residential lofts with newer high-rise condominiums facing the rivers and harbor. Buyers weigh that stock against the Fulton Center and Oculus hubs, the 2/3/4/5/A/C/J/Z trains, Battery Park and Bowling Green. Condo sellers should have the offering plan amendments and common-charge history ready, along with the building's recent board minutes.
Built on your building's comparable sales, not a portal estimate.
Seven questions, plus a 2-to-4 family mode with your rent roll.
Commission, transfer taxes, flip tax and payoff, line by line.
Open HPD and DOB items, registration and lien status for 1-to-4 family owners.
With the address I can look at what sold in your building and on your block. If you would rather not give it yet, the email alone is enough.
Calculating market narrative...
| Inventory & Activity | |
| Active Listings | 226 |
| Pending Sales | 60 |
| New This Week | 33 |
| New This Month | 85 |
| Avg DOM | 114 days |
| Price Cut Rate | 25.5% |
| Recent Sales | |
| Sold Last 30 Days | 19 |
| Sold Last 90 Days | 66 |
| Sold vs. Original Ask | 95.5% |
| Asking Prices | |
| Median Asking | $1,285,000 |
| Average Asking | $1,792,029 |
| Median $/SqFt | $1,282 |
| Median Condo Ask | $1,295,000 |
| Median Co-op Ask | -- |
Based on active listings in Financial District
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Studio | 51 | $689,000 | $495K - $1.37M |
| 1 Bedroom | 88 | $999,000 | $575K - $3.10M |
| 2 Bedrooms | 53 | $1,750,000 | $790K - $5.20M |
| 3+ Bedrooms | 32 | $3,250,000 | $1.15M - $13.50M |
View active listings by size:
Properties in Financial District
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 helped me purchase my first Manhattan condo, and I can't recommend him highly enough. What could have been a stressful process ended up feeling remarkably smooth. From the initial offer through closing, Milton was responsive, knowledgeable, and always willing to take the time to answer questions and explain the details. I always felt informed and supported, but never pressured. If you're looking for a broker who is knowledgeable, trustworthy, responsive, and genuinely invested in helping his clients succeed, I would absolutely recommend Milton.
Milton was extremely helpful in finding my dream place. He was quick, friendly, and extremely responsive. He made the process so easy for me that it really took a weight off my shoulders. He took his time to work with my schedule and make sure I felt comfortable in my new place. I am really thankful. Highly recommend.
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Sale listings that came on the market in the last 7 days.
Homes in Financial District take a median 114 days to go into contract. Source: RLS/REBNY closed and active listings, April 2, 2026 to October 2, 2026.
123 WASHINGTON Street #51H
Financial District
Among the lower-priced 1-bedroom condos currently listed in the neighborhood.
88 GREENWICH Street #3503
Financial District
Priced in line with the neighborhood studio condo median of $689,000.
150 Nassau Street #17D
Financial District
Priced below the neighborhood 2-bedroom condo median of $1,750,000.
101 Wall Street #15B
Financial District
Priced in line with the neighborhood 2-bedroom condo median of $1,750,000.
20 PINE Street #1213
Financial District
Priced below the neighborhood 2-bedroom condo median of $1,750,000.
71 Nassau Street #4D
Financial District
Priced below the neighborhood 1-bedroom condo median of $999,000.
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Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
The median sale price in Financial District is $1.3M. Condo sales make up the bulk of activity, with a median of $1.3M. Sale prices are down 2.7% year over year.
Sale listings in Financial District have a median of 114 days on market. That is 33 days slower than the same point a year ago. Roughly 25.5% of active listings have recorded a price cut, suggesting some negotiating room.
Financial District is currently tilting toward buyers. Median days on market is 114 days and roughly 25.5% of active listings have recorded a price cut, both indicating room to negotiate.
Financial District is primarily a condo market, with the median sale price at $1.3M. Co-op inventory is limited.
Roughly 23 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. Live RLS listings show studios at $4,600, 1-bedrooms at $5,500, 2-bedrooms at $7,700 per 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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