PropertyShark Staff
- We recently ran our update on NYC’s most expensive neighborhoods over the past quarter and notably, two Brooklyn neighborhoods,
Dumbo and Boreum Hill, were again in the top ten. Both of them were up one place compared with the ranking in Q2 2011 and moved ahead of the historically high-ranked neighborhoods. Dumbo came in third place with a median sale price of $1,460,000 while Boreum Hill was in 9th place with a median sale price of $920,000.
As expected, Tribeca and SoHo were the most expensive New York City neighborhoods in Q3 2011. With a median sale price of $2,299,500 Tribeca ranked first, followed by Soho with a median sale price of $1,535,840.
Surprisingly, West Village did not make it to the top, ranking 11th in Q3 2011 with a median sale price of $850,000 and being surpassed by Battery Park City.
Upper East Side was the home of the priciest property sold in Q3 2011, the $48M mansion at 16 East 69 Street. Se below the complete list of the biggest residential sales in each of the ten most expensive neighborhoods.
| Neighborhood | Property Address | Property Class | Sale Price |
| Upper East Side | 16 E 69 Street | Single Family Home | $48.000.000 |
| Upper West Side | 80 Columbus Circle #PH76B | Condo | $30.550.000 |
| Midtown | 50 Central Park South #29 | Condo | $30.000.000 |
| Flatiron | 31 West 21 Street #11PH | Condo | $14.600.000 |
| Tribeca | 92 Laight Street #12D | Condo | $11.500.000 |
| Chelsea | 524 West 19 Street #PH | Condo | $11.455.313 |
| SoHo | 102 Wooster Street #PHN | Condo | $8.200.000 |
| Battery Park City | 70 Battery Place #PH1D | Condo | $4.169.734 |
| Boerum Hill | 267 State Street | Single Family Home | $3.400.000 |
| Dumbo | 30 Main Street #11G | Condo | $2.800.000 |
| Dumbo | 31 Washington Street #15 | Condo | $2.800.000 |
