Quote:
Originally Posted by pierrepont7731
Flatbush Av in Downtown Brooklyn has really come up over the years, though I agree, that I'm a bit shocked that it beat out 5th Av.
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Yeah. And Northern Blvd, Queens?
But these are most expensive commercial streets.
When you scroll down to the top 10 most expensive commercial neighborhoods, it's all Manhattan.
With Mount Hope/Mount Eden in the Bronx breaking at spot 12.
1 Financial Manhattan $43,850,000 $793,768,750
2 Fashion Manhattan $12,499,570 $1,943,973,432
3 Midtown Cbd Manhattan $10,282,052 $3,956,060,028
4 Upper East Side (79-96) Manhattan $9,078,000 $415,130,173
5 Greenwich Village-West Manhattan $9,000,000 $387,652,513
6 Greenwich Village-Central Manhattan $8,900,000 $320,366,349
7 Little Italy Manhattan $8,165,000 $116,339,461
8 Upper East Side (59-79) Manhattan $7,725,000 $876,343,983
9 East Village Manhattan $7,200,000 $189,038,572
10 Chelsea Manhattan $7,150,000 $1,279,037,248
The Bronx, Home to the Priciest NYC Commercial Neighborhood Outside Manhattan
In an unusual twist, The Bronx landed one of its neighborhoods at #12 on our list, namely Mount Hope/Mount Eden, which is the priciest NYC neighborhood outside Manhattan when it comes to commercial deals in 2019. The neighborhood saw 11 deals close this year for a combined volume of $59 million and a median sale price of $5.8 million. Out of these 11 sales, the largest was that of a 58-unit multifamily building at 1466 Grand Concourse, which traded hands in April for $13.8 million.
Three other neighborhoods in the Bronx made our list, namely Mott Haven/Port Morris at #18, Highbridge/Morris Heights at #26 and Kingsbridge Heights/University Heights at #29.