Just how pricey is your neighborhood?: MAP

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

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

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

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

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
The tax break allows foreign visitors to reclaim a sales tax of 20 percent on items bought in the country for more than £30 (Getty; Unsplash)

UK tax break expiration could hurt struggling retailers

UK tax break expiration could hurt struggling retailers
Istanye Park in Istanbul (Photo via Wikipedia Commons)

Turkish mall valued at $1B in deal with Qatar

Turkish mall valued at $1B in deal with Qatar
John Wayne and the Riverside County ranch (Getty; Land and Farm)

John Wayne’s former Riverside County ranch relists for $8M

John Wayne’s former Riverside County ranch relists for $8M
Joe Sitt and Charles Scribner’s Sons Building in Midtown (Thor, Google Maps)

Thor’s $150M loan on 597 Fifth heads to special servicing

Thor’s $150M loan on 597 Fifth heads to special servicing
258 8th Avenue (Google, Target)

Target planning yet another NYC store in Chelsea

Target planning yet another NYC store in Chelsea
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...