New York City has six of America’s most expensive ZIP codes

Soho, the Upper East Side and Chelsea top the Manhattan neighborhoods
October 08, 2014 12:15PM

New York City may not be home to the United States’ most expensive ZIP code, but it took more than half of the top 10 spots on Forbes’ annual list of the country’s priciest areas.

A New York State ZIP — Southampton’s Sagaponack  (11962) — came in second on the list, right behind playground to Silicon Valley digerati Atherton, California.

New York City took the next three slots, with parts of Soho and Hudson Square clocking in at No. 3 (10013), Lenox Hill clinching No. 4 (10065) and the Upper East Side between 80th and 76th streets coming in at No. 5 (10075).

The size of Soho lofts largely accounts for the neighborhood’s rank among Manhattan ZIP codes.

“In Soho, there are two thousand 4,500-square-foot lofts,” Jonathan Miller of appraisal firm Miller Samuel told Forbes. “You don’t have a large concentration of small apartments.”

Chelsea (10011) and the western section of the West Village (10014) ranked Nos. 8 and 9 respectively. An area encompassing parts of the West Village, Soho and Nolita (10012) rounded out the top 10. [Forbes]Tom DiChristopher