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New York City saw a slate of eye-popping home sales in 2025, but one neighborhood took the cake for having the priciest deals in the Big Apple.
Central Park South, home to many Billionaires’ Row skyscrapers, took the crown as the neighborhood with the highest median sale price in 2025.
The luxe nabe had a median sale price of $7.5 million last year, though it logged just three deals, according to an analysis of nearly 39,000 city sale records by The Real Deal. Hudson Yards ranked second, with a median sale of just under $5 million across 77 deals.
TRD analyzed residential deeds in Manhattan, Brooklyn and Queens throughout 2025 that were cross-referenced with listings from brokerages and multiple listings services. Off-market sales were excluded, along with sales from firms that exclusively handle new development sales.
The economic uncertainty and mayoral election that defined much of last year appeared to have little impact on New York City’s home sales, particularly in the luxury sector. Both the dollar value of deals and number of sales — on both the resale and new development fronts — for the city’s top 50 brokers increased last year compared to the year before, according to TRD’s analysis.
The Upper West Side was the most active neighborhood in Manhattan, Brooklyn and Queens, with 1,451 sales recorded over 2025. The median price in that neighborhood was $1.3 million.
In Brooklyn, Cobble Hill, home to eye-catching townhouses along tree-lined streets, was the priciest neighborhood for home sales last year, with a median deal value of $2.5 million. That placed it 11th among the three boroughs studied. The neighborhood recorded 96 transactions last year. Dumbo followed, with a median sale price of just over $2 million across 114 deals.
Meanwhile, in Queens, the neighborhood with the highest median sale value was Malba, located west of the Whitestone bridge along the waterfront, at $1.6 million. The area, which had 27 sales last year, was 30th among all the neighborhoods analyzed.