{"id":473,"date":"2025-01-23T07:22:52","date_gmt":"2025-01-23T07:22:52","guid":{"rendered":"https:\/\/multi.nycnewsnetwork.com\/nycbusinessdaily\/?p=473"},"modified":"2025-03-20T12:50:19","modified_gmt":"2025-03-20T12:50:19","slug":"nycs-50-most-expensive-neighborhoods-in-2024","status":"publish","type":"post","link":"https:\/\/nycnewsnetwork.com\/nycbusinessdaily\/nycs-50-most-expensive-neighborhoods-in-2024\/","title":{"rendered":"NYC\u2019s 50 Most Expensive Neighborhoods in 2024"},"content":{"rendered":"

News Distributed by NYC NEWSWIRE<\/a><\/strong><\/p>\n

The New York City real estate market showcased remarkable resilience in 2024, with many neighborhoods seeing record-setting prices despite a relatively stable number of sales. Below is a detailed breakdown of the top 50 priciest neighborhoods<\/a> in NYC, along with key trends that shaped the market this year.<\/p>\n

Key Takeaways from 2024<\/b><\/h2>\n

\u2022Hudson Yards\u2019 Dominance<\/b>: For the sixth consecutive year, Hudson Yards claimed the top spot with a record-breaking $7.13 million median sale price.<\/p>\n

\u2022Chelsea & NoLiTa Soar<\/b>: Median sale prices in these neighborhoods surged by 50% year-over-year (Y-o-Y).<\/p>\n

\u2022Brooklyn Makes Its Mark<\/b>: Red Hook and Carroll Gardens were the only Brooklyn neighborhoods in the top 10.<\/p>\n

\u2022Queens Rises<\/b>: Queens placed 10 neighborhoods on the list, though only Hunters Point surpassed a $1 million median price.<\/p>\n

\u2022Citywide Gains<\/b>: The NYC median sale price increased 3% Y-o-Y, closing at $748,000, nearly recovering from the 2023 dip.<\/p>\n

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\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0photo credit: Property Shark<\/p>\n<\/div>\n

Top 10 Priciest NYC Neighborhoods in 2024<\/b><\/h2>\n

1.Hudson Yards<\/b>: $7.13M (+22% Y-o-Y)<\/p>\n

2.TriBeCa<\/b>: $3.3M (+12% Y-o-Y)<\/p>\n

3.SoHo<\/b>: $3.1M (-15% Y-o-Y)<\/p>\n

4.NoHo<\/b>: $2.96M (-7% Y-o-Y)<\/p>\n

5.Central Park South<\/b>: $2.61M (-25% Y-o-Y)<\/p>\n

6.NoLiTa<\/b>: $2.4M (+50% Y-o-Y)<\/p>\n

7.Hudson Square<\/b>: $2.11M (-8% Y-o-Y)<\/p>\n

8.Carnegie Hill<\/b>: $2M (+1% Y-o-Y)<\/p>\n

9.Red Hook (Brooklyn)<\/b>: $1.98M (+11% Y-o-Y)<\/p>\n

10.Carroll Gardens (Brooklyn) & NoMad<\/b>: $1.95M<\/p>\n