STATEN ISLAND, N.Y. — There are more than three dozen New York City neighborhoods where you’ll likely have to spend more than $1 million to buy a home, but in the most expensive one, it could cost you five times that amount.
A new report from PropertyShark analyzed residential property sales across New York City in 2025 to identify trends in the city’s real estate market and determine the most expensive neighborhoods to buy a home.
The data focused solely on Manhattan, Queens, Brooklyn and the Bronx, with Staten Island excluded from the report.
In 2025, there were 43 neighborhoods in New York City that boasted a median sales price of at least $1 million, including seven neighborhoods with a median sales price of at least $2 million.
The most expensive neighborhood, Hudson Yards, topped the list at more than $5.5 million, according to the data.
Manhattan, which is home to nine of the 10 most expensive neighborhoods, led all boroughs with a median sales price of $1,150,000 during 2025.
Brooklyn, which houses the tenth-most expensive neighborhood, Cobble Hill, had a median sales price of $867,000, roughly 6% higher than in the previous year.
Queens and the Bronx had median sales prices of $600,000 and $350,000, respectively, with six Queens neighborhoods and zero Bronx neighborhoods included in the top-50 most expensive across the city.
Here’s a look at the 10 most expensive neighborhoods in New York City.
1) Hudson Yards, Manhattan
Median sales price 2025: $5,577,000Median sales price 2024: $7,126,000Year-over-year change: -22%
2) SoHo, Manhattan
Median sales price 2025: $3,725,000Median sales price 2024: $3,100,000Year-over-year change: +20%
3) TriBeCa, Manhattan
Median sales price 2025: $3,700,000Median sales price 2024: $3,295,000Year-over-year change: +12%
4) NoHo, Manhattan
Median sales price 2025: $3,308,000Median sales price 2024: $2,963,000Year-over-year change: +12%
5) Central Park South, Manhattan
Median sales price 2025: $2,925,000Median sales price 2024: $2,613,000Year-over-year change: +12%
6) NoLIta, Manhattan
Median sales price 2025: $2,850,000Median sales price 2024: $2,400,000Year-over-year change: +19%
7) Hudson Square, Manhattan
Median sales price 2025: $2,650,000Median sales price 2024: $2,111,000Year-over-year change: +26%
8) Carnegie Hill, Manhattan
Median sales price 2025: $1,938,000Median sales price 2024: $2,000,000Year-over-year change: -3%
9) NoMad, Manhattan
Median sales price 2025: $1,888,000Median sales price 2024: $1,950,000Year-over-year change: -3%
10) Cobble Hill, Brooklyn
Median sales price 2025: $1,850,000Median sales price 2024: $1,840,000Year-over-year change: +1%