Manhattan's residential market remains a tale of two ownership structures. Across active listings, the median Manhattan condo is priced at $1,895,000 ($1,689/sqft), while the median co-op comes in at $839,000 ($974/sqft). That's a 126% price premium for condos over co-ops borough-wide, and a 73% premium on a price-per-square-foot basis. This gap is largely driven by condos' fewer ownership restrictions, greater appeal to international and investor buyers, and concentration in the borough's newest, most amenity-rich developments.
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That gap isn't uniform, though, and it's where the real opportunity lies. Uptown, the difference narrows considerably. In Harlem, Hamilton Heights and Washington Heights, condo medians run from the high $500,000s to the mid-$800,000s, while co-ops in the same neighborhoods dip into the $350,000–$500,000 range — some of the most approachable entry points into Manhattan ownership regardless of structure. Further south, Midtown East and Turtle Bay/UN offer a similar dynamic where co-op medians run $485,000 to $625,000, well below the borough-wide average. These often-pre-war co-ops are in a transit-rich location and are priced within reach of buyers who can clear a co-op board.
At the other end of the spectrum, Downtown and the Upper East Side's "Gold Coast" corridor show where the premium is steepest. Tribeca, SoHo and West Village condos fetch past $4 and $5 million at the median, and even co-ops in those same neighborhoods (SoHo, Tribeca, NoLiTa) trade at $3 to $3.9 million. Location, location, location, and a building's pedigree can outweigh the co-op/condo distinction once you're looking on the most sought-after blocks.
To put these median prices into context, here's a round-up of active listings currently priced closest to their neighborhood's median. One condo listing and one for co-ops.
To put these median prices into context, here's a round-up of active listings currently priced closest to their neighborhood's median. One condo listing and one for co-ops.
#12
Chelsea
NEIGHBORHOOD MEDIAN ASKING PRICE$1,850,000
| MEDIAN CONDO ASK $2,995,000 171 active listings | MEDIAN CO-OP ASK $912,000 108 active listings |
Home to the High Line, Chelsea Market, and one of the city's largest concentrations of art galleries, Chelsea (including West Chelsea) blends converted industrial lofts with new-development towers along the Hudson River waterfront. Its mix of historic character, waterfront parks, and proximity to Hudson Yards and the Meatpacking District make it a vibrant, dining- and cultural destination.
The Myles, #2C (Corcoran Group)
Chelsea Court Tower, #2E (Compass)
#11.
West Village
NEIGHBORHOOD MEDIAN ASKING PRICE$1,935,000
| MEDIAN CONDO ASK $5,247,500 18 active listings | MEDIAN CO-OP ASK $1,125,000 42 active listings |
Known for tree-lined, cobblestone streets and landmarked townhouses, the West Village offers a charming, low-rise residential feel alongside Hudson River Park, the end of the High Line, and the Meatpacking District's dining and nightlife. Its historic character along Charles, Perry, and Jane Streets are some of Manhattan's most beloved and walkable blocks.
366 West 11th Street, #10EF (Brown Harris Stevens Residential Sales LLC)
West Village Houses, #5B (Douglas Elliman Real Estate)
#10.
DUMBO
NEIGHBORHOOD MEDIAN ASKING PRICE$1,998,000
| MEDIAN CONDO ASK $1,998,000 77 active listings | MEDIAN CO-OP ASK No active listings |
Set beneath the Manhattan and Brooklyn Bridges along the East River, DUMBO's converted industrial warehouses, Brooklyn Bridge Park, Empire Stores, and cobblestone streets bestow sweeping views. Its mix of historic loft architecture, waterfront parks, and destinations like Time Out Market gives it a industrial-chic popular with tourists and residents alike.
70 Washington Street, #7L (Compass)
#10.
Cobble Hill
NEIGHBORHOOD MEDIAN ASKING PRICE$2,000,000
| MEDIAN CONDO ASK $2,050,000 8 active listings | MEDIAN CO-OP ASK $695,000 3 active listings |
A historic Brooklyn enclave of tree-lined streets and landmarked brownstones, Cobble Hill offers a tranquil, low-rise residential feel just minutes from Brooklyn Bridge Park's waterfront and the shops of Atlantic Avenue and Court Street. Its quiet charm and historic-district status make it one of brownstone Brooklyn's most picturesque pockets.
The Cobble Hill House, #3D (Compass)
202 Baltic Street, #4 (Compass)
#9.
Carnegie Hill
NEIGHBORHOOD MEDIAN ASKING PRICE$2,400,000
| MEDIAN CONDO ASK $3,600,000 55 active listings | MEDIAN CO-OP ASK $1,850,000 134 active listings |
Set along Museum Mile on the Upper East Side, Carnegie Hill is known for elegant prewar townhouses and co-ops, quiet tree-lined streets, and easy access to Central Park and the Metropolitan Museum of Art. Its refined, low-key charm and proximity to top boutiques and restaurants make it one of the city's most sought-after enclaves.
The Metropolitan, #26A (Kleier Residential Inc)
The Queenston, #7F (Sothebys International Realty)
#8.
Central Park West
NEIGHBORHOOD MEDIAN ASKING PRICE$2,495,000
| MEDIAN CONDO ASK $3,690,000 107 active listings | MEDIAN CO-OP ASK $1,945,000 89 active listings |
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Lined with iconic prewar towers overlooking Central Park, this Upper West Side corridor is celebrated for sweeping park and skyline views, elegant Art Deco and Beaux-Arts architecture, and proximity to Lincoln Center and the Museum of Natural History. It remains one of the city's most prestigious and picturesque residential addresses.
The Century, #9E (Sothebys International Realty)
Hotel des Artistes, #503 (Compass)
#6.
Flatiron/Union Square
NEIGHBORHOOD MEDIAN ASKING PRICE$2,495,000
| MEDIAN CONDO ASK $2,925,000 85 active listings | MEDIAN CO-OP ASK $1,422,500 42 active listings |
Anchored by the landmark Flatiron Building and Madison Square Park, this district blends historic loft architecture with a dense concentration of dining, from Eataly to Gramercy Tavern, and the year-round Union Square Greenmarket. It's a central, well-connected pocket of Manhattan known for its mix of prewar mid-rise character and vibrant street life.
Louie XVII, #11
$2,925,000 (-7.1%)
Flatiron/Union Square | Condominium | 3 Bedrooms, 2 Baths | 1,427 ft2
Louie XVII, #11 (Nest Seekers LLC)
The MacIntyre, #407 (Compass)
#5.
NoLiTa/Little Italy
NEIGHBORHOOD MEDIAN ASKING PRICE$3,375,000
| MEDIAN CONDO ASK $2,475,000 17 active listings | MEDIAN CO-OP ASK $3,700,000 3 active listings |
Just north of Little Italy's historic streets, NoLiTa offers a boutique-lined, low-rise pocket of downtown known for its landmarked buildings, independent designers, and easy access to SoHo, the Lower East Side, and NoHo. It's a compact, walkable neighborhood with historic charm, curated retail, and a popular dining scene.
75 Kenmare Street, #2J (Douglas Elliman Real Estate)
The Police Building, #3B
$3,700,000
NoLiTa/Little Italy | Cooperative | 2 Bedrooms, 2 Baths | 1,400 ft2
The Police Building, #3B (Douglas Elliman Real Estate)
#4.
Park/Fifth Ave. to 79th St.
NEIGHBORHOOD MEDIAN ASKING PRICE$3,700,000
| MEDIAN CONDO ASK $4,250,000 57 active listings | MEDIAN CO-OP ASK $3,175,000 136 active listings |
Fronting Central Park and Museum Mile, this stretch of Park and Fifth Avenue is defined by prewar, white-glove buildings, elegant architecture, and proximity to the Metropolitan Museum. It's one of Manhattan's most prestigious enclaves, prized for quiet, tree-lined blocks alongside premier dining and cultural institutions.
44 East 67th Street, #11D
$4,250,000 (-14.1%)
Park/Fifth Ave. to 79th St. | Condominium | 2 Bedrooms, 2 Baths | 1,404 ft2
44 East 67th Street, #11D (Sothebys International Realty)
14 East 75th Street, #10C (Compass)
#3.
SoHo
NEIGHBORHOOD MEDIAN ASKING PRICE$3,995,000
| MEDIAN CONDO ASK $4,075,000 63 active listings | MEDIAN CO-OP ASK $3,322,500 32 active listings |
Home to the largest collection of cast-iron architecture in the world, SoHo's cobblestoned streets around Broome, Mercer, and Prince offer a global destination for boutique shopping, galleries, and loft living. Its address carries an iconic downtown cachet.
22 Mercer Street, #2C (Douglas Elliman Real Estate)
66 Crosby Street, #3H (Compass)
#2.
NoHo
NEIGHBORHOOD MEDIAN ASKING PRICE$4,872,500
| MEDIAN CONDO ASK $7,250,000 13 active listings | MEDIAN CO-OP ASK $3,875,000 11 active listings |
A compact historic district of cast-iron and Renaissance Revival buildings, NoHo pairs landmark architecture with a quiet, gallery-dotted streetscape just steps from Bond Street, Astor Place, and Broadway. Its position between Greenwich Village, the East Village, and SoHo makes it a walkable crossroads of downtown culture and dining.
5 Great Jones Street, #2 (Compass)
#1.
Tribeca
NEIGHBORHOOD MEDIAN ASKING PRICE$4,995,000
| MEDIAN CONDO ASK $5,370,000 136 active listings | MEDIAN CO-OP ASK $3,350,000 14 active listings |
Tribeca's converted warehouses and cast-iron loft buildings anchor a downtown enclave prized for cobblestone streets, Hudson River Park views, and some of the city's most acclaimed restaurants. Landmarked blocks around Franklin, Leonard, and Chambers Streets combine historic architecture with a residential quiet close to the water.
River Lofts, #6D (Compass)
39 Worth Street, #2E (Brown Harris Stevens Residential Sales LLC)
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