Just how pricey is your neighborhood?: MAP

Central Park South fetches highest price per square foot at $3,393

TRD New York /
Jan.January 09, 2015 01:10 PM

Believe it or not, New York City comprises 325 unique neighborhoods, according to real estate developer Constantine Valhouli. So just what does it cost per square foot to purchase an apartment in your neck of the woods?

The numbers can be confusing, based on the calculation used.

Indeed, mapping wizard Valhouli’s latest data visualization seeks to uncover New York City’s “pricing myth,” which sets the average cost of buying an apartment at $1,200 per square foot. Using data from Streeteasy, Trulia and Zillow, Valhouli shows variations in pricing across New Jersey’s Gold Coast and the city’s five boroughs, which, he notes on Medium, are often clumped into a “monolithic market.”

What looks like a bar graph set atop a map of New York City shows the most affordable and expensive neighborhoods according to their average sales price per square foot. Predictably, Manhattan neighborhoods were the most expensive, with Central Park South raking in the highest sales price per square foot at $3,393.

Buyers received the biggest bang for their buck in Woodlawn, the Bronx, where the average purchase was $110 per square foot. [Medium] & [Thrillist]Kerry Barger


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Seth Schochet, Drew Goldsmith and 201 West 77th Street (Credit: Google Maps)

Large, low-key landlord snags UWS building for $100M+

305 East 46th Street (Credit: iStock)

Japanese firm lands $84M financing for Midtown East buy

Keller William's Ilan Bracha (left) and B+B Capital's  Haim Binstock with 575 Fifth Avenue (Credit: Getty Images, Google Maps)

Keller Williams NYC is on the sale block

Bhavana Chamoli and Michael Shah

Michael Shah’s ex arrested for assault, but DA holding off

Federal Realty Investment Trust CEO Donald C. Wood and Georgetowne Shopping Center (Credit: Google Maps)

Fairway-anchored Bergen Beach shopping center sells for $85M

arrow_forward_ios