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New York, NY 10006 Real Estate Market Report

ZIP Code: 10006
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


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.

Analysis Window
90 Days
Total Properties Analyzed
36
Active Listings
26
Sold Properties
10

Market Metrics

Median Listing Price
$2,035,000
Median Sold Price
$2,062,000
Median Price per Sqft
$1,418/sqft

Note: 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

Median Market Rent
$4,182

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

Property Tax Rate
1.67%

Liquidity & Velocity

Median Days on Market
413
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Key Findings

  1. The primary indicator of market value is the median sold price at $2,062,000, which represents the most reliable recent transaction signal for the neighborhood and suggests controlled appreciation in line with observed price trends; representative recent sale provides a practical pricing anchor for comparables.

  2. The median listing price is $2,035,000, slightly below the median sold price of $2,062,000, which may indicate modest seller concession or that asking prices are aligning with recent transaction levels rather than diverging; pricing alignment may reduce negotiation friction if this pattern holds.

  3. Liquidity appears cautious: the median days on market at 413 indicates slower sales velocity despite a sample characterization of relatively constrained active supply, which may increase holding time and require pricing patience from sellers or selective concessions to accelerate transactions.

  4. Market context supports a balanced outlook—price year-over-year trend is up, rent year-over-year trend is up with median market rent at $4,182, market temperature is neutral, and interest rate pressure is moderate; together these signals suggest steady demand for both SFR and condominium product without strong directional pressure, so investors should prioritize deal-level underwriting and rent growth capture.


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.

Recent Transactions

50 West St Apt 34c, New York, NY 10006
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds
3 baths
2,302 sqft
$5,818,275
Feb 1, 2026
$2,527/sqft/sqft
1132 days on market
50 West St Apt 24b, New York, NY 10006
Premium

Sold above market average

3 beds
3 baths
2,309 sqft
$4,950,637
Feb 1, 2026
$2,144/sqft/sqft
313 days on market
77 Greenwich St Apt 33a, New York, NY 10006
Premium

Sold above market average

3 beds
4 baths
1,983 sqft
$3,693,781
Mar 1, 2026
$1,863/sqft/sqft
71 days on market
77 Greenwich St Apt 33a, New York, NY 10006
Premium

Sold above market average

3 beds
4 baths
1,983 sqft
$3,693,781
Mar 1, 2026
$1,863/sqft/sqft
71 days on market
50 West St Apt 45b, New York, NY 10006
Premium

Sold above market average

2 beds
3 baths
1,513 sqft
$3,200,000
Jan 1, 2026
$2,115/sqft/sqft
1121 days on market
77 Greenwich St Apt 36c, New York, NY 10006
Premium

Sold above market average

3 beds
3 baths
1,889 sqft
$3,078,581
Feb 1, 2026
$1,630/sqft/sqft
215 days on market
77 Greenwich St Apt 30c, New York, NY 10006
Market Benchmark

Sold at market average

3 beds
4 baths
1,905 sqft
$2,749,000
Jan 1, 2026
$1,443/sqft/sqft
242 days on market
123 Washington St Apt 30b, New York, NY 10006
Quick Flip

Sold below market average

1 beds
1 baths
924 sqft
$935,000
Feb 1, 2026
$1,012/sqft/sqft
3155 days on market

New York, NY 10006 Real Estate Market Report

ZIP Code: 10006
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.


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.

Analysis Window
90 Days
Total Properties Analyzed
36
Active Listings
26
Sold Properties
10

Market Metrics

Median Listing Price
$2,035,000
Median Sold Price
$2,062,000
Median Price per Sqft
$1,418/sqft

Note: 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

Median Market Rent
$4,647

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

Property Tax Rate
1.67%

Liquidity & Velocity

Median Days on Market
413
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Key Findings

  1. The neighborhood's representative recent sale value is 2,062,000 as the median sold price, which we treat as the primary indicator of market value and is consistent with the observed up price year-over-year trend.

  2. The median listing price is 2,035,000 versus the median sold price of 2,062,000, which suggests seller expectations are broadly aligned with recent transactions and may indicate limited pricing friction between ask and achieved sale levels.

  3. The market shows slower sales velocity with a median days on market of 413, and combined with elevated inventory relative to sales activity this appears to support a neutral market temperature rather than a strongly one-sided market.

  4. Pricing density and rental strength: the median price per square foot is 1,418 while the median market rent is 4,647; rent momentum is up, and moderate interest rate pressure (moderate) suggests continued caution among buyers and lenders.


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.

Recent Transactions

50 West St Apt 34c, New York, NY 10006
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds
3 baths
2,302 sqft
$5,818,275
Feb 1, 2026
$2,527/sqft/sqft
1132 days on market
50 West St Apt 24b, New York, NY 10006
Premium

Sold above market average

3 beds
3 baths
2,309 sqft
$4,950,637
Feb 1, 2026
$2,144/sqft/sqft
313 days on market
77 Greenwich St Apt 33a, New York, NY 10006
Premium

Sold above market average

3 beds
4 baths
1,983 sqft
$3,693,781
Mar 1, 2026
$1,863/sqft/sqft
71 days on market
77 Greenwich St Apt 33a, New York, NY 10006
Premium

Sold above market average

3 beds
4 baths
1,983 sqft
$3,693,781
Mar 1, 2026
$1,863/sqft/sqft
71 days on market
50 West St Apt 45b, New York, NY 10006
Premium

Sold above market average

2 beds
3 baths
1,513 sqft
$3,200,000
Jan 1, 2026
$2,115/sqft/sqft
1121 days on market
77 Greenwich St Apt 36c, New York, NY 10006
Premium

Sold above market average

3 beds
3 baths
1,889 sqft
$3,078,581
Feb 1, 2026
$1,630/sqft/sqft
215 days on market
77 Greenwich St Apt 30c, New York, NY 10006
Market Benchmark

Sold at market average

3 beds
4 baths
1,905 sqft
$2,749,000
Jan 1, 2026
$1,443/sqft/sqft
242 days on market
123 Washington St Apt 30b, New York, NY 10006
Quick Flip

Sold below market average

1 beds
1 baths
924 sqft
$935,000
Feb 1, 2026
$1,012/sqft/sqft
3155 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$9,722/mo
10006 Avg Rent
10006 Cost to Own
Rent$4,182
Own$13,904

20% down, 6.5% rate, 1.7% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

10006 Avg nightly rate
10006 Avg occupancy (days/year)
Nightly rate$381/night
Occupancy158 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 4/18/2026

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