Lincoln Square Real Estate Market Trends

Market Overview for Quarter 4, 2020


Median Sale Price

$1.5M

30% YoY


Median Price/Sqft

$1,413

-1% YoY


No. of Transactions

137

-8% YoY

Manhattan Median Sale Price

$1M

6% YoY

In Quarter 4, the median home sale price in Lincoln Square was $1.5M, a 30% increase year-over-year. A total of 137 properties changed hands, representing an 8% contraction compared to the same month last year. The median price per square foot as of Quarter 4 was $1,413, a -1% YoY change. In Manhattan, the median home sale price was $1M.

Lincoln Square Neighborhood Map

Home to the Lincoln Center for the Performing Arts, Lincoln Square draws culture aficionados looking for a classic neighborhood with style, history, and charm. The myriad attractions include the New York Society for Ethical Culture, Stage 72, and The Kaufman Music Center. Proximity to Midtown and the numerous subways make it a commuter's dream.

Lincoln Square Median Sale Price

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Median Sale Price Per Square Feet

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Real Estate Transactions in Lincoln Square

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Top most expensive neighborhoods in Manhattan

Lincoln Square median price compared with other neighborhoods in Manhattan

Lincoln Square property values are on the higher-end for neighborhoods in Manhattan .




Lincoln Square median price compared with all the neighborhoods in Manhattan

Neighborhood Borough Median Sale Price
TriBeCa Manhattan $3,563,875
NoHo Manhattan $2,700,000
SoHo Manhattan $2,700,000
Hudson Yards Manhattan $2,678,750
Central Park South Manhattan $2,237,500
NoLIta Manhattan $2,225,000
Two Bridges Manhattan $2,157,681
Civic Center Manhattan $1,900,968
Hudson Square Manhattan $1,882,812
Central Midtown Manhattan $1,845,000
Chelsea Manhattan $1,593,750
Garment District Manhattan $1,502,500
NoMad Manhattan $1,490,000
Lincoln Square Manhattan $1,465,000
West Village Manhattan $1,427,500
Carnegie Hill Manhattan $1,400,000
Chinatown Manhattan $1,266,031
Flatiron District Manhattan $1,230,000
Greenwich Village Manhattan $1,147,500
Upper West Side Manhattan $1,130,000
Lenox Hill Manhattan $1,060,000
Little Italy Manhattan $999,500
Battery Park City Manhattan $994,500
Gramercy Park Manhattan $957,500
Turtle Bay Manhattan $952,000
Clinton - Hell's Kitchen Manhattan $910,000
Roosevelt Island Manhattan $895,000
Yorkville Manhattan $846,000
Theatre District - Times Square Manhattan $825,000
Sutton Place Manhattan $800,000
East Village Manhattan $795,500
Financial District Manhattan $791,000
Manhattan Valley Manhattan $723,400
Morningside Heights Manhattan $718,000
Harlem Manhattan $715,000
Lower East Side Manhattan $700,000
East Harlem Manhattan $660,000
Kips Bay Manhattan $625,000
Murray Hill Manhattan $615,000
Washington Heights Manhattan $508,750
Inwood Manhattan $460,000
Tudor City Manhattan $327,500

Residential Properties Sold in Lincoln Square

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $1.9M 0% $1K -2% 70
Coops $845K 0% $1K -8% 64
Houses $10.5M - $1K - 1

The median house sale price in Lincoln Square in Quarter 4 was relatively flat year-over-year at $10.5M. Condo and coop prices in Lincoln Square trended similarly, with the median condo price flat year-over-year at $1.9M, and the median coop sale price flat at $845K.

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Lincoln Square Neighborhood Guide

The word "culture" has been baked into the Lincoln Square lifestyle since 1959, when President Dwight D. Eisenhower broke ground on the largest and most ambitious performing arts complex in the world - Lincoln Center. Since then this tiny neighborhood sliced out of Manhattan's Upper West Side has catered to lovers of the arts and the finer things in life. And with all that world class entertainment goes world-class eating before and after the shows. And there is always a stroll in Central Park just beyond the doorstep. This is a neighborhood where singles and young couples will find kindred souls.

Architecture and landmarks

The Lincoln Center for the Performing Arts is synonymous with Lincoln Square although the neighborhood had the name first. The origin of the "Lincoln" name is unknown but it has been that way since 1906, about the time Columbus Circle was installed at the southeastern tip of the neighborhood where it meets Central Park. The monument to the Genoa explorer was created in 1892 by Italian sculptor Gaetano Russo to commemorate the 400th anniversary of Christopher Columbus coming to the New World. All distances to and from New York City are measured from Columbus Circle, so if you enter "NYC" in your GPS this is where it will measure from. The buildings in Lincoln Center housing 12 separate arts organizations represent a mid-20th century modernist sensibility and they have been followed by complementary structures such as the Time Warner Center with its twin 750 feet tall towers. In 2005 this property had a market value of $1.1 billion, the highest in the city.

Transport

The No. 1 train stops in Lincoln Square at all times, and to help ferry concert-goers in and out of Lincoln Center, the No. 2 train serves the neighborhood during late nights.

Schools

The public schools that serve neighborhood kids are P.S. 191 and P.S. 199. There are also several private and parochial schools in Lincoln Square and nearby. And then there are the specialized arts schools, where admission is often based on audition: Julliard, the American School of Ballet and the Fiorello H. LaGuardia High School of Music and Art and Performing Arts among them. Fordham University also has its midtown campus here.

Health

Mt. Sinai West is a world-class hospital, and it just changed to that new moniker in late 2015 after 146 years as the well-known Roosevelt Hospital. Located at 1000 10th Avenue it is only a block away from Lincoln Square.

Safety

Crime rates are very low in Lincoln Square. Under the protection of the 20th Precinct, the neighborhood saw 8.51 crimes per 1,000 residents in 2015, the lowest rate in all of Manhattan.

Things to do

Fill out your social calendar with attractions such as: the Lincoln Center for the Performing Arts, the New York Philharmonic, The Metropolitan Opera, New York City Ballet and New York City Opera, New York Public Library for the Performing Arts, The Chamber Music Society of Lincoln Center, The Film Society of Lincoln Center, Lincoln Center Theater, and Jazz at Lincoln Center.

You do not need to be a lover of the performing arts to be susceptible to the charms of Lincoln Center. The cooling breezes of the Hudson River in Riverside Park are a short walk away and the Wollman Rink and the Central Park Zoo are both nearby. So, too, is the Tavern on the Green. And for more iconic New York City culinary delights order the Cadillac burger at P.J. Clarke's.

If you just want to catch a movie, two of New York's finest multiplexes are here - Loews and the Lincoln Plaza Cinema, where the line-up of independent and foreign films is second to none. The Equinox Fitness Club New York - named as Fitness Magazine's Best Gym in America - offers group fitness classes and a resplendent spa experience.