Manhattan, New York City, NY Real Estate Market

Sellers in 10128 are in a strong position, with the median sale price of $1,695,000 exceeding the median list price of $1,299,000 by a substantial margin. With 387 active listings and a median of 29 days on market, well-priced homes are attracting serious buyers in a timely manner.

Buyers in 10128 should be prepared for a competitive environment where the median sale price of $1,695,000 runs nearly $400,000 above the median list price of $1,299,000. For those with more flexible goals, entry points start at $500,000 for a studio and $650,000 for a one-bedroom, offering some range within this market.

Investors evaluating a two-bedroom unit in 10128 can weigh a median monthly rent of $5,900 against a purchase price of $1,475,000, factoring in carrying costs at the current 30-year rate of 6.37%. The rental market shows steady activity with a median rent of $4,800 across 486 available rental units in the zip code.

At the current 30-year fixed rate of 6.37%, monthly principal and interest payments on a property near the median sale price of $1,695,000 require careful financial planning. Buyers who qualify for the 15-year fixed rate of 5.72% can reduce total interest paid over time, though the higher monthly payments on a property at this price point demand a thorough budget review.