NYC Condo Prices by Borough: 2024 Market Snapshot

NYC condo prices vary wildly by borough, neighborhood, and building tier. These ranges (2024 estimates) reflect median asking prices—actual deals vary ±20%.

Manhattan (Highest)

• Median: ~$1.5M
• Prime (UES, Midtown, Greenwich, Tribeca, Soho): $2M–$50M+
• Entry-level (Inwood, Washington Heights, East Harlem): $500K–$900K

Brooklyn

• Median: ~$800K
• Prime (Williamsburg, DUMBO, Brooklyn Heights, Park Slope, Cobble Hill): $1M–$5M+
• Value (East NY, Brownsville, Canarsie, Flatlands): $300K–$600K

Queens

• Median: ~$650K
• Prime (LIC, Astoria, Forest Hills, Bayside, Flushing): $800K–$3M+
• Value (Jamaica, South Ozone Park, Rochdale, Springfield Gardens): $350K–$550K

The Bronx

• Median: ~$500K
• Prime (Riverdale, Fieldston, Throgs Neck, Pelham Bay): $700K–$2M+
• Value (Morris Park, Co-op City, Norwood, Wakefield): $200K–$400K

Staten Island

• Median: ~$400K
• Prime (St. George, Grymes Hill, Todt Hill, Great Kills): $500K–$1.5M+
• Value (Port Richmond, Mariners Harbor, Stapleton): $150K–$300K

Key Drivers

Subway access, school zones, tax abatements (421-a), building amenities, monthly carrying costs (common charges + taxes), and inventory age. New dev commands 20–40% premium over resale.

Always verify with a licensed broker; market shifts fast.