Trends in the Upper West Side Real Estate Market
What is the Upper West Side median sale price and price per square foot?
The median house selling price in the Upper West Side in the third quarter was $996K, a 2% year-over-year increase. A total of 574 properties were sold, representing a 307 percent increase over the same month the previous year. The median price per square foot in the third quarter was $1,075, representing a -11 percent year-on-year increase. In Manhattan, the median property price was $1.1 million.
Landmarks and architecture
Some of America’s most enticing high-rise apartment complexes line the blocks next to Central Park. The Kenilworth Apartments, where John Lennon was shot, and the Art Deco skyscraper at 55 Central Park West, which became famous as the “Ghostbusters” building, are all part of this real estate market. The Beaux Arts-styled American Museum of Natural History, which houses a famous dinosaur collection, is a tribute to Theodore Roosevelt; his father helped create the institution in 1869. The Interborough Rapid Transit Company (IRT) maintains its one-of-a-kind Flemish Renaissance control building at Broadway and Amsterdam Avenue, south of 72nd Street, which has been in service since the subway’s inception in 1904.
Upper West Side Community Guide
This is the area that gave rise to the picture of traditional Manhattan life. This is a beautiful brownstone. There’s a gorgeous residential building there. All of this takes place under the shadow of Central Park on one side and Riverside Park on the other. The employment, the city’s nightlife, and shopping are all within walking distance, but the Upper West Side is also a great spot to raise a family, walk the dog, and get away from the frantic pace of New York life. Also, keep a lookout for the numerous celebrities that dwell on these beautiful streets.
Without public transit, the Upper West Side would not exist. The IRT runs along Broadway, and the IND Eighth Avenue Line runs along Central Park West. The 1 local train, 2 and 3 express trains, and the A, B, C, and D trains all service the Upper West Side through Broadway, while the A, B, C, and D trains travel beneath Central Park West. Five separate bus lines run from north to south across the Upper West Side, while crosstown connections are accessible at the north and south ends of Central Park.
The Upper West Side is home to almost 200,000 people and is served by six designated elementary schools. While there are no middle schools in the area, residents have access to a variety of private and public school alternatives. In its sixth year, the Julliard School, the nation’s first music academy, relocated to Broadway at 65th Street in 1910 and has been there ever since. Columbia University is adjacent to the north, and some real estate professionals consider its Morningside Heights campus to be part of the Upper West Side proper.
From basic care institutions to globally famous private specialists, health care services are widely available on the Upper West Side. Columbia University and Mount Sinai both contribute to the neighborhood’s health expertise.