WATCH: Where you can buy a home in NYC for under $500 psf

TRD New York /
Aug.August 31, 2018 08:00 AM

They may be few and far between, but here’s a look at the ZIP codes in New York City where the average home is sold for under $500 per square foot.

The entirety of the Bronx and Staten Island fit this criteria, according to data from PropertyShark. Meanwhile, Manhattan only had one area with prices that low: 10032 in Washington Heights. Otherwise, the borough primarily sees homes asking $1,000 a square foot or more.

As for Brooklyn and Queens, neighborhoods in close proximity to the city, like Brooklyn Heights and Long Island City, command Manhattan-like prices. But as you travel farther in those boroughs, it’s a different story.

Check out the video above.

Related Articles


All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag

What will proptech look like in 2019 and beyond?

Alex Rodriguez (Photos by Guerin Blask)

A-Rod is coming for NYC and SoFla real estate

Alex Rodriguez

Watch: A-Rod on the benefits and pitfalls of being a celebrity investor

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

There will be 70 agents based at the new office (Credit: iStock)

Compass opens Long Island City office as new-development sales surge

The Daily Digest - Tuesday

New life for Toys “R” Us, Masa Son is “embarrassed” with the Vision Fund: Daily digest

Nooklyn CEO Harley Courts (Credit: iStock)

Brokerage slashes agent commissions, delays payments after rent law change