Market Overview for September, 2024
Median Sale Price
13.9% YoY
Median Price/Sqft
-18.4% YoY
No. of Transactions
-90.2% YoY
Manhattan Median Sale Price
0% YoY
What is the median sale price and median price per sq ft in Lincoln Square?
In September, the median home sale price in Lincoln Square was $1.3M, a 13.9% increase year-over-year.
A total of 8 properties changed hands, representing a 90.2% contraction compared to the same month last year.
The median price per square foot as of September was $1,300, a -18.4% YoY change.
In Manhattan, the median home sale price was $968K.
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 |
---|---|---|
East Village | Manhattan | $2,150,000 |
Lincoln Square | Manhattan | $1,332,500 |
Financial District | Manhattan | $925,000 |
Upper West Side | Manhattan | $904,262 |
Greenwich Village | Manhattan | $871,500 |
Lenox Hill | Manhattan | $700,000 |
Sutton Place | Manhattan | $605,000 |
Turtle Bay | Manhattan | $417,500 |
Residential Properties Sold in Lincoln Square
Property Type | Median sale price | Y-o-Y | Median sale price/sqft | Y-o-Y | Transactions |
Condos | $2.8M | 6.1% | $1K | -13.9% | 2 |
Coops | $1.3M | 116.7% | $1K | 16.3% | 6 |
Houses | - | - | - | - | 0 |
The median condo price in Lincoln Square in September was $2.8M, up 6.1% year-over-year. Median coop sale price in Lincoln Square were $1.3M, a change of 116.7% year-over-year. There was no statistically significant data for median house sale price activity for the period of September in Lincoln Square.
See also
Manhattan Commercial Market Trends
Manhattan Multifamily Market Trends
Manhattan Retail Market Trends
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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.