50 Most Expensive New York City Neighborhoods

These are the 50 most expensive neighborhoods to live in New York City. Is your dream neighborhood listed? Slide to find out. Newsweek
50. Middle Village, Queens (median sale price: $730,000). A mostly residential neighborhood in central Queens. Middle Village had a surprisingly low crime rate in the 1970s and 1980s when the rest of New York’s rate was particularly high. Many credit this to famous members of the mafia who called Middle Village home, like John Gotti. Jim Henderson

When you think of New York City, what’s the first thing that comes to mind? Broadway maybe, possibly fashion, Park Avenue, Wall Street or even maybe Donald Trump. But if you have ever lived in New York City (or currently do), you only think of one thing: money.

When people say New York City is expensive, they aren’t kidding. (But are ‘walkin here!’ Get it? ‘Walkin here!’ Nevermind.) It seems like everything in the Big Apple comes with a steep price. According to website Investopedia.com, there are a couple key areas where you’re going to pay more than other cities:

  • Grocery shopping will set you back 10 percent more than comparable urban cities like Chicago.
  • Dining out comes with a 36 percent increase from other cities.
  • Utilities are 12 percent higher.
  • And purchasing an apartment is 200 percent more expensive than other urban cities.

But there’s a takeaway: The key areas where you’ll be paying more to live in New York are your basic life needs like food, shelter, etc. The only other city that comes close to New York City’s cost is San Francisco, which is quickly surpassing New York costs.

All that said, everyone who has or does live in New York City will tell you one thing: there isn’t any other place like it. And if you can afford to call it home—or have a rich aunt that can easily be duped into giving you millions of dollars—you should consider the neighborhoods in this slideshow. If you can’t afford to live in these neighborhoods, you can do what millions of us do all the time, “Zillow Dream,” the art of flipping through available properties way outside your price range while pondering whether your Squatty Potty will look alright in a marble bathroom.

These are the 50 most expensive neighborhoods to live in New York City, according to the real estate website PropertyShark.com. They are ranked from lowest to highest. The data is made up of real estate prices from the first quarter of 2018. Is your dream neighborhood listed? Slide to find out.

49. Windsor Terrace, Brooklyn (median sale price: $735,000). Historically known as South Brooklyn, Windsor Terrace is next to Prospect Park and Park Slope. Known for its small-town feel, Windsor Terrace has been home to literary greats like Frank McCourt and Isaac Asimov. Beyond My Ken via Wikimedia
48. Murray Hill, Manhattan (median sale price: $740,000). Located in midtown Manhattan, Murray Hill is home to many embassies and consulates because of its close proximity to the United Nations. Beyond My Ken via Wikimedia
47. Civic Center, Manhattan (median sale price: $745,000). Located in lower Manhattan near Chinatown, the Civic Center is where New York’s City Hall is located. It’s also where the Manhattan side of the Brooklyn Bridge starts, a.k.a. where Miranda started her walk to meet Steve to save their marriage in “Sex and the City.”MusikAnimal via Wikimedia
46. Greenwood Heights, Brooklyn (median sale price: $760,833). Located in central Brooklyn, Greenwood Heights gets its name because of its proximity to Green-Wood Cemetery. It’s quickly becoming a popular destination for homebuyers, but we don’t think that’s because of the cemetery (at least we hope not). Paul Lowry
45. Madison, Brooklyn (median sale price: $762,500). A subsection located with Sheepshead Bay, it is almost exclusively residential. Also, NPR’s Terry Gross used to live there. So maybe something in the water will make you too sound smooth, yet oddly authoritative. Ryssby via Wikimedia
44. Fresh Meadows, Queens (median sale price: $773,000). Located on the southern part of Flushing, Fresh Meadows has been around a long time. We’re talking Revolutionary War days. Today it is considered mostly a Jewish neighborhood, but in recent years Asian and Colombian Americans have moved to the neighborhood. DoomDan515 via Wikimedia
43. Kips Bay, Manhattan (median sale price: $777,500). Located in east Manhattan, it is quickly becoming popular thanks to the development of the 2nd Ave. subway. It’s also the site of the original Bellevue Hospital, which had the first maternity ward in the United States in 1799. Beyond My Ken via Wikimedia
42. East Flushing, Queens (median sale price: $787,500). Located within Flushing, East Flushing is known for its thriving Chinese American communities. Benniken via Wikimedia
41. Borough Park, Brooklyn (median sale price: $790,000). Encompassing a large swath of Brooklyn, Borough Park (also known as Boro Park) is home to one of the largest Orthodox Jewish communities in the United States. You know what that means? Jewish bakeries. Challah! Sledgeh101 via Wikimedia
40. Bedford-Stuyvesant, Brooklyn (median sale price: $792,500). Located in central Brooklyn, it’s seen rising rental and home prices in recent years as people have been priced out of Williamsburg. It’s been a prominent cultural center for African Americans for decades. It is known for block after block of brownstones. Vaguynny via Wikimedia
39. Hunters Point, Queens (median sale price: $817,475). Located within Long Island City, Hunters Point is a neighborhood protected as a historic district because of the community’s 19th-century architecture. Unknown
38. Cobble Hill, Brooklyn (median sale price: $840,000). Located near Brooklyn Heights and Boerum Hill, Cobble Hill is a relatively small neighborhood, consisting of just 40 blocks. It’s known for its brick row-houses. Beyond My Ken via Wikimedia

When you think of New York City, what’s the first thing that comes to mind? Broadway maybe, possibly fashion, Park Avenue, Wall Street or even maybe Donald Trump. But if you have ever lived in New York City (or currently do), you only think of one thing: money.

When people say New York City is expensive, they aren’t kidding. (But are ‘walkin here!’ Get it? ‘Walkin here!’ Nevermind.) It seems like everything in the Big Apple comes with a steep price. According to website Investopedia.com, there are a couple key areas where you’re going to pay more than other cities:

  • Grocery shopping will set you back 10 percent more than comparable urban cities like Chicago.
  • Dining out comes with a 36 percent increase from other cities.
  • Utilities are 12 percent higher.
  • And purchasing an apartment is 200 percent more expensive than other urban cities.

But there’s a takeaway: The key areas where you’ll be paying more to live in New York are your basic life needs like food, shelter, etc. The only other city that comes close to New York City’s cost is San Francisco, which is quickly surpassing New York costs.

All that said, everyone who has or does live in New York City will tell you one thing: there isn’t any other place like it. And if you can afford to call it home—or have a rich aunt that can easily be duped into giving you millions of dollars—you should consider the neighborhoods in this slideshow. If you can’t afford to live in these neighborhoods, you can do what millions of us do all the time, “Zillow Dream,” the art of flipping through available properties way outside your price range while pondering whether your Squatty Potty will look alright in a marble bathroom.

These are the 50 most expensive neighborhoods to live in New York City, according to the real estate website PropertyShark.com. They are ranked from lowest to highest. The data is made up of real estate prices from the first quarter of 2018. Is your dream neighborhood listed? Slide to find out.