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Tribeca tops NYC's priciest neighborhood list yet again

The neighborhood has seen a 19 percent year-over-year rise in prices

Curbed Flickr Pool/apauls

Though the Upper East Side may have three of the priciest zip codes in the city, Tribeca is still the most expensive neighborhood in New York. Every year, PropertyShark looks at the median sale prices across dozens of neighborhoods and this year, Tribeca managed to hold on to the title with 436 transactions that had a median sale price of about $4.15 million, seeing a 19 percent year-over-year raise in prices.

Of the top 10 neighborhoods, eight were unsurprisingly in Manhattan. Here’s what the list looks like:

  1. Tribeca: Median sale price: $4,152,412
  2. Soho: Median sale price: $3,517,500
  3. Little Italy: Median sale price: $2,545,625
  4. Hudson Square: Median sale price: $2,345,030
  5. DUMBO: Median sale price: $2,010,000
  6. Flatiron District: Median sale price: $1,942,500
  7. Greenwich Village: Median sale price: $1,796,906
  8. Garment District: Median sale price: $1,767,500
  9. Theatre District – Times Square: Median sale price: $1,545,000
  10. Forest Hills Garden: Median sale price: $1,525,000

So what helped Tribeca maintain its place in the number one slot? Below are a few sales that more than likely had something to do with it. And with Robert A.M. Stern’s uber-expensive condo tower at 70 Vestry set to average $14 million per apartment, Tribeca just might hold onto its title for a little while longer.

↑In August, Sportscaster Marv Albert dropped $10.3 million on a four-bedroom penthouse at ODA New York’s Tribeca condo, 5 Franklin Place.

↑Alexander Wang successfully sold his chic one-bedroom loft for its most recent asking price of $3.5 million back in October.

↑The $34.5 million penthouse at Herzog & de Meuron’s Jenga-like glass tower, 56 Leonard, unloaded managed to enter into contract. The final sale price hasn’t been revealed just yet, but we’re pretty sure that it’s still really pricey.