New York, NY 10001 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The neighborhood's primary market signal is the $1,969,000 median sold price, which represents the most reliable indicator of recent transaction value and suggests that achievable pricing is below current asking levels in some listings given the $2,022,500 median listing price gap; sellers should expect negotiated outcomes and buyers may have leverage when offers reflect executed sale levels.
2. Long turnover times—evidenced by the 256 median days on market—suggest slower sales velocity and greater pricing friction; this pace may indicate that sellers must be prepared for extended marketing periods and potential concessions to close deals.
3. Unit-level valuation remains elevated on a per-area basis with a $1,667 median price per square foot, which combined with a $5,750 median market rent points to continued premium pricing in central Manhattan micro-markets; investors should weigh rent growth against current pricing when underwriting acquisitions.
4. Market context shows a flat price trend alongside a cold market temperature, rent trends up, and elevated interest rate pressure (current 30-year fixed mortgage rates ~7.4% per local comparison); this mix suggests sustained buyer caution, with strength concentrated in higher-end segments and rent-supported valuations helping to underpin longer-term price floors.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.