Market Overview for February, 2026
Median Sale Price
-74.4% YoY
Median Price/Sqft
-22% YoY
No. of Transactions
300% YoY
Manhattan Median Sale Price
19% YoY
What is the median sale price and median price per sq ft in NoLIta?
The median home sale price in NoLIta as of February was $2M, down 74.4% year-over-year.
A total of 4 assets were sold, representing a 300% growth compared to February last year.
The median price per square foot was $1,700, a -22% YoY change.
In February, the median home sale price in Manhattan was $1.3M.
Sales information for last month cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top most expensive neighborhoods in Manhattan
NoLIta median price compared with other neighborhoods in Manhattan
NoLIta property values are on the higher-end for neighborhoods in Manhattan .
NoLIta median price compared with all the neighborhoods in Manhattan
| Neighborhood | Borough | Median Sale Price |
|---|---|---|
| Hudson Square | Manhattan | $4,150,000 |
| TriBeCa | Manhattan | $4,037,500 |
| Garment District | Manhattan | $3,999,000 |
| Chinatown | Manhattan | $3,400,000 |
| SoHo | Manhattan | $3,155,000 |
| Flatiron District | Manhattan | $2,822,500 |
| Hudson Yards | Manhattan | $2,700,000 |
| NoMad | Manhattan | $2,667,500 |
| NoHo | Manhattan | $2,500,000 |
| NoLIta | Manhattan | $2,049,500 |
| Two Bridges | Manhattan | $1,869,346 |
| Central Midtown | Manhattan | $1,775,000 |
| Carnegie Hill | Manhattan | $1,722,500 |
| Financial District | Manhattan | $1,699,500 |
| Lenox Hill | Manhattan | $1,675,000 |
| Chelsea | Manhattan | $1,667,500 |
| Upper West Side | Manhattan | $1,595,000 |
| Greenwich Village | Manhattan | $1,435,000 |
| Lower East Side | Manhattan | $1,410,000 |
| Lincoln Square | Manhattan | $1,225,000 |
| Central Park South | Manhattan | $1,217,500 |
| Clinton - Hell's Kitchen | Manhattan | $1,195,000 |
| Morningside Heights | Manhattan | $1,165,500 |
| West Village | Manhattan | $1,075,000 |
| Battery Park City | Manhattan | $1,065,000 |
| East Village | Manhattan | $997,520 |
| Sutton Place | Manhattan | $950,000 |
| Yorkville | Manhattan | $890,000 |
| Manhattan Valley | Manhattan | $832,250 |
| Gramercy Park | Manhattan | $812,000 |
| Murray Hill | Manhattan | $780,000 |
| Turtle Bay | Manhattan | $760,000 |
| Kips Bay | Manhattan | $650,000 |
| Harlem | Manhattan | $620,000 |
| East Harlem | Manhattan | $565,000 |
| Tudor City | Manhattan | $530,000 |
| Washington Heights | Manhattan | $435,000 |
| Inwood | Manhattan | $420,000 |
Residential Properties Sold in NoLIta
| Property Type | Median sale price | Y-o-Y | Median sale price/sqft | Y-o-Y | Transactions |
| Condos | $2.6M | -67.5% | $2K | -4.9% | 1 |
| Coops | $1.5M | - | $900 | - | 3 |
| Houses | - | - | - | - | 0 |
The median condo price in NoLIta in February was $2.6M, down 67.5% year-over-year. Median coop sale price in NoLIta were $1.5M, a change of -% year-over-year. There was no statistically significant data for median house sale price activity for the period of February in NoLIta.
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NoLIta Neighborhood Guide
Little Italy once harbored the largest concentration of Italian immigrants in America. But Little Italy began getting littler and littler through the years. In 2010, census takers could not find a single resident in this swath of Lower Manhattan who had actually been born in Italy. As Little Italy shrunk, sections of the neighborhood assumed new identities with new names. The former northern chunk of the famous ethnic enclave began trying on new monikers until NoLIta - North of Little Italy - stuck in the 1990s. The ethnic makeup of the neighborhood may have shifted and the trendy boutiques may more closely approximate neighboring SoHo, but the friendly residents on the stoops and sidewalk cafes under the tree-lined streets harken back to the days of Italian immigration.
Architecture and landmarks
NoLIta projects a human scale with the vast majority of structures not reaching above six stories. One exception is the hulking Puck Building, a red brick souvenir from the 1880s when it was the headquarters for the popular Puck magazine. You may recognize the Puck Building from its star turn in the TV show Will and Grace. The original gilded statues of the humor magazine's inspiration, Puck from William Shakespeare's A Midsummer Night's Dream, are still scattered around the exterior of the Romanesque Revival styled building. There is spillover from the cast iron architecture of SoHo in such buildings as the Mulberry Street Library which hangs out in an old chocolate factory. Also prominent in NoLIta is Old St. Patrick's Cathedral that was raised in 1815 as the seat of the Roman Catholic Archdiocese of New York. The Chancery Office Building on Mulberry Street is a rare example of Gingerbread Gothic architecture. The archdiocese moved to St. Patrick's Cathedral on Fifth Avenue in 1879 but liturgies are still held here in three languages - Italian is not one of them.
Transport
The subway lines that run along the fringes of NoLIta are the 6, B, D, F, M, J and Z. The M103 and M1 buses navigate the neighborhood streets, often filled with shoppers and eaters.
Schools
PS 130, the Hernando De Soto School, in Little Italy handles students from pre-K through fifth grade. Upon graduation it is on to Dr. Sun Yat Sen Middle School 131 for grades six through eight, in neighboring Chinatown.
Health
The nearest hospital is a few blocks south at Mount Sinai Doctors, Chinatown, which provides full outpatient care with comprehensive medical and surgical specialties. And a few blocks to the east on Delancey Street the CityMD Lower East Side offers walk-in urgent medical care.
Safety
NoLIta is a part of the 5th Precinct where 17.06 crimes per 1,000 residents were reported in 2016. That places the neighborhood in the top half of safety in Manhattan.
Things to do
You can still make a pilgrimage to the Little Italy of years gone by in places like Lombardi's Pizza at the corner of Mott and Spring streets, which opened in 1905 when pies sold for five cents. The Pizza Hall of Fame honors Lombardi's as the first pizzeria in the United States. The Parisi Bakery is even older, having been owned and operated by the same family since 1903.
The Cafetal Social Club on Mott Street is "only" approaching its 70th birthday, but the neighborhood institution is the last social club in Little Italy and a place to enjoy home-styled old-world Italian food. Once suitably grounded in the neighborhood's past you can indulge in its present - trendy boutique shopping, white hot restaurants like Michael Ferraro's Delicatessen, the Cuban creations at Cafe Habana, scores of Asian eateries, and so on. For a splash of culture stop at McNally Jackson Books - you can even print your own masterpiece on its Espresso Book Machine.
The sculpture-filled Elizabeth Street Garden is a beloved patch of open space in NoLIta where residents can find a quiet respite from everyday life. The city has plans to fill it with a six-story building of senior housing and the two sides are at loggerheads about its future. The neighborhood does have two official New York City parks: DeSalvio Playground, which once hosted the city Bocce Ball Championship, and the diminutive Petrosino Square, named for a city detective who was killed battling organized crime.