We specifically focused on neighborhoods with the highest total number of price drops, specifically the highest price drops by median percentage, median dollar value, and by street address.
A Closer Look at NYC’s Neighborhoods
Our interactive map below depicts the neighborhoods we analyzed. All numbers are based on RealtyHop’s proprietary dataset.
Top 5 Neighborhoods With the Highest Number of Price Drops
|Neighborhood||Borough||Number of Price Drops|
|1||Upper East Side-Carnegie Hill||Manhattan||188|
|2||Turtle Bay-East Midtown||Manhattan||180|
|3||Hudson Yards-Chelsea-Flatiron-Union Square||Manhattan||157|
|5||Upper West Side||Manhattan||150|
Top 5 Neighborhoods With the Highest Median Percentage Price Drops
|Neighborhood||Borough||Median % Price Drops|
|2||Bedford Park-Fordham North||Bronx||-10.3% (-$34,333)|
|4||Melrose South-Mott Haven North||Bronx||-9.6% (-$96,000)|
Top 5 Neighborhoods With the Highest Median Dollar Price Drops
|Neighborhood||Borough||Median $ Price Drops|
|2||SoHo-TriBeCa-Civic Center-Little Italy||Manhattan||-$180,000 (-5.3%)|
|3||Upper East Side||Manhattan||-$117,000 (-5.7%)|
Top 5 Addresses (Still on the Market) with the Highest Percentage Price Drop in September
|Address||Current Price||Recent % Price Drops|
|1||100 W 57th St, Manhattan, NY 10019||$219,000||-43.7% (-$170,000)|
|2||123 Washington St, Manhattan, NY 10006||$995,000||-38.8% (-$630,000)|
|3||35 Hudson Yards, Manhattan, NY 10001||$4,250,000||-26.4% (-$1,525,000)|
|4||398 Oliver Place, Bronx, NY 10458||$115,000||-23.3% (-$34,900)|
|5||125 E 63rd St, Manhattan, NY 10065||$995,000||-23.2% (-$300,000)|
Top 5 Addresses (Still on the Market) with the Highest Dollar Price Drop in September
|Address||Current Price||Recent $ Price Drops|
|1||50 Central Park S, Manhattan, NY 10019||$24,500,000||-$5,000,000 (-16.9%)|
|2||1 Central Park S, Manhattan, NY 10019||$16,500,000||-$3,000,000 (-15.4%)|
|3||21 E 61st St, Manhattan, NY 10065||$15,450,000||-$2,100,000 (-12.0%)|
|4||15 W 63rd St, Manhattan, NY 10023||$9,995,000||-$1,995,000 (-16.6%)|
|5||519 Broadway, Manhattan, NY 10012||$6,900,000||-$1,600,000 (-18.8%)|
The interactive table below includes all NYC listings with price drops in the month of September. You can sort by column or do a quick search using the search bar.
The New York City Price Drop report is a monthly report that analyzes proprietary data from RealtyHop to map price drops for listings in New York City. The dataset analyzed is taken from the month prior to publication and includes all five boroughs of New York City, given sufficient data.
Want to know who owns these listings? Check it out for yourself on our site by using our New York Property Records Search.