How much does a square foot of land cost in New York?
The price of land in New York City varies greatly depending on the location and type of property. The average price per square foot of land in Manhattan, for example, is around $1,200, while the average price per square foot in Queens is around $500. The most expensive neighborhoods in Manhattan, such as Tribeca and SoHo, can command prices of over $5,000 per square foot, while less desirable neighborhoods, such as East Harlem and the South Bronx, can have prices as low as $100 per square foot.