About TriBeCa
Tribeca (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 top-tier public schools. Residents enjoy a discreet lifestyle in expansive lofts or in world-class new developments designed by 'starchitects' along the Hudson River waterfront.
Borough: Manhattan
Your TriBeCa Expert
Milton Coste was born and raised in the Washington Heights/Inwood area and has been helping buyers and sellers in Upper Manhattan and across NYC for over 25 years. With 1,000+ closed transactions including dozens in TriBeCa, Milton knows every building, every block, and what it takes to navigate NYC's unique co-op and condo market.
Frequently Asked Questions: TriBeCa Real Estate
Who is the best real estate agent in TriBeCa?
What are TriBeCa apartment prices in 2026?
What is the process for buying a co-op in TriBeCa?
What Clients Say
View All Reviews"Milton helped us buy our first home in Washington Heights. He knew the neighborhood inside and out, negotiated a great price, and guided us through every step of the closing process."
Maria R.
Buyer • Washington Heights
"Milton is excellent - my apartment transition went absolutely seamless, and quick! He is very responsive and was extremely informed about both my property and the area."
Tim W.
Seller • Washington Heights
Current Inventory Snapshot
Live from REBNY/RLS • Feb 15, 2026
There are currently 10 properties actively listed for sale, with 14 already under contract. The median asking price is $5.00M ($2,225/sqft). Properties are spending an average of N/A days on market, and 70.0% of listings have had price reductions.
Inventory & Activity
Active Listings
10
for sale
Pending Sales
14
under contract
New This Week
0
last 7 days
New This Month
1
last 30 days
Avg Days on Market
N/A
days avg
Price Cut Rate
70.0%
7 listings
Asking Prices
Median Asking Price
$5.00M
all types
Average Asking Price
$7.63M
all types
Median $/Sqft
$2,225
per sqft
Median Condo Price
$4.20M
9 condos
Median Co-op Price
N/A
0 co-ops
Property Mix
Building Types:
Recent Sales
Sold (30 Days)
0
last 30 days
Sold (90 Days)
6
last 90 days
Median Sale Price
$5.36M
closed sales
Avg Sale Price
$7.53M
closed sales
Sale-to-List Ratio
96.1%
of asking
Browse by Property Type
Buildings in TriBeCa
111 Murray Street #24B
TriBeCa
#RLS20006548
2 Park Place #41B
TriBeCa
#RLS20051648
2 Park Place #35A
TriBeCa
#RLS20059895
30 Park Place #52C
TriBeCa
#RLS20070521
9 Murray Street #5SE
TriBeCa
#RLS20038561
80 Chambers Street #10-F
TriBeCa
#RLS20050169
28 Laight Street #6AB
TriBeCa
#RLS11033218
4 Staple Street
TriBeCa
#RLS20058629
11 Beach Street #8A
TriBeCa
#RLS11024576
275 Greenwich Street #2C
TriBeCa
#RLS10977754
TriBeCa Market Analysis & Trends
Based on StreetEasy data through December 2025
TriBeCa is currently a Buyer's Market. The median sale price is $1.50M, which has decreased 15.4% compared to last year. Properties typically spend 104 days on market before selling. For renters, the median asking rent is $4,500, up 1.1% year-over-year. Rising inventory (+10.7%) and days on market exceeding 100 indicate that sellers must be increasingly flexible with pricing.
Key Market Metrics
Median Sale Price
$1.50M
-15.4% YoY
Median Rent
$4,500
+1.1% YoY
Days on Market
104
Increasing from 87 in late 2024
Price/Sqft
$1,850/sqft
Approximately 31% above the Manhattan median sales price
Rising inventory (+10.7%) and days on market exceeding 100 indicate that sellers must be increasingly flexible with pricing.
Market Note: Median sales prices showed significant downward adjustment in 2025 as inventory levels grew.
Rental Market
Studio
$2,750
1 Bedroom
$3,495
2 Bedroom
$5,000
3+ Bedroom
$7,500
Transportation
Subway Lines
Stations
Canal St, Franklin St, Chambers St
Commute Times
Midtown: 15 minutes
Wall Street: 5-10 minutes
Continued accessibility upgrades at the Canal Street station complex (Source: MTA)....
Neighborhood Amenities
Parks
- Hudson River Park
- Washington Market Park
Hospitals
- NewYork-Presbyterian Lower Manhattan Hospital (nearby)
Shopping
- Brookfield Place (nearby)
- TriBeCa Boutique District
Cultural
- TriBeCa Film Center
- The Flea Theater
Building Stock & Co-op Info
Predominant Type
Industrial Loft Conversions and Ultra-Luxury Condos
Co-op vs Condo
The market is famous for spacious industrial-to-residential loft conversions and some of NYC's most iconic modern condominium towers.
Typical Co-op Requirements
- Down: Minimum 10-25% standard
- DTI: N/A (Primarily Condo)
- Liquidity: Lender dependent
- Credit: 720+ preferred
Investment Analysis
Outlook: Strong Long-term Stability
Buyer Strategy
Identify trophy assets that have been on market longer than the neighborhood average.
Renter Strategy
Seek units in non-doorman loft buildings for the classic TriBeCa aesthetic at a lower monthly cost.
Investor Strategy
Focus on three-bedroom units which command extreme premiums in this supply-constrained market.
Schools
Served by NYC DOE District 2. Research schools at schools.nyc.gov
Safety
NYPD 1st Precinct. Current statistics: nyc.gov/nypd CompStat
Fair Housing
Milton Coste supports Fair Housing Act and Equal Opportunity Act.
Explore Nearby Neighborhoods
Helpful Resources for TriBeCa Buyers
Looking to Buy or Sell in TriBeCa?
With 25+ years of experience and 1,000+ deals closed, Milton Coste is your trusted TriBeCa expert. Get a free consultation today.