Milton Coste

Corredor Asociado de Bienes Raíces Licenciado

View in English (917) 416-7433

Little Italy

Manhattan · New York, NY

9 active listings · Median $1.6M

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Pulso del Mercado — Little Italy

What defines this market

A primarily condo submarket with softening rents.

Best for

condo-dominant

Median asking rent in Little Italy is $4,850/month, $365 below the 5-year high set in mar 2025. Rents are down -7.0% year over year and +79.6% over the past 5 years. Median sale price is $1.57M, near a 5-year high.

Rental snapshot

  • Median asking rent: $4,850/month ($365 below the 5-year high in mar 2025)
  • Year-over-year rent change: -7.0%
  • 5-year rent change: +79.6%
  • Active rental listings: 43

For-sale snapshot

  • Median sale price: $1.57M
  • Active for-sale listings: 9 (+28.6% YoY)
  • Active listings with a price cut: 36.4%
  • Recent monthly closed sales: 1

Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.

Fuente: datos de mercado de StreetEasy, hasta mar 2026.

Acerca de Little Italy

Little Italy occupies a compact corridor along Mulberry Street in Lower Manhattan between Canal and Houston Streets, defined by red-brick tenement buildings, prewar walk-ups, and cast-iron-facade commercial structures dating to the late 19th century. St. Patrick's Old Cathedral, completed in 1815, a...

Datos Rápidos

MunicipioManhattan
Código Postal10013
Metro1, 6, A, B, C, D, E, J, N, Q, R, W, Z trains
Tipos de EdificiosPre-war buildings, Walk-ups

Transporte, Escuelas y Viaje al Trabajo

Líneas de Metro:1 6 A B C D E J N Q R W Z

Estaciones: Grand St (0.19 mi), Bowery (0.20 mi), Canal St (0.20 mi), Spring St (0.23 mi), Prince St (0.36 mi)

Midtown: 13 min (B express from Grand St)


Escuelas Cercanas

SchoolGradesDist
P.S. 020 Anna SilverPK-50.56 mi
The STAR Academy - P.S.63PK-50.65 mi
P.S. 150 Tribeca Learning CenterPK-50.68 mi
P.S. 234 Independence SchoolPK-50.76 mi
P.S. 015 Roberto ClementePK-50.77 mi
I.S. 312 NYC Lab Middle School6-80.63 mi

Informe de Mercado

Datos en vivo de REBNY/RLS. Actualizado cada 15 minutos.

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Condo: --Co-op: --Otro: --

Precio por Habitación

Basado en listados activos en Little Italy

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Listados Activos

Propiedades en Little Italy

Aviso REBNY/RLS: Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 1/1/1970.

Vecindarios Cercanos

Little Italy Property Type Pages

Why Work With Milton in Little Italy

25+ years

Experience across NYC

1,000+

Transactions closed

Since 2000

Active in Manhattan

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Little Italy buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.

Reseñas

"Milton hizo que todo el proceso de compra fuera perfecto. Su conocimiento del mercado local y habilidades de negociación nos ahorraron miles. Altamente recomendado para cualquiera que busque en Upper Manhattan."

JR
Comprador Verificado
Reseña de Google

"Vendimos nuestro co-op en tiempo récord gracias a la estrategia de marketing de Milton. Fotografía profesional, recorrido virtual y anuncios digitales dirigidos trajeron múltiples ofertas dentro de la primera semana."

MC
Vendedor Verificado
Reseña de Zillow

Map

Frequently Asked Questions about Little Italy

The median sale price in Little Italy is $1.6M. Condo sales make up the bulk of activity, with a median of $1.6M.

Yes. The median sale price in Little Italy sits within a few percent of the 5-year high. Pricing is firm and listings priced near the comparable median tend to clear with limited room for negotiation.

Little Italy is primarily a condo market, with the median sale price at $1.6M. Co-op inventory is limited.

Roughly 1 homes change hands each month in Little Italy across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.

The overall median asking rent in Little Italy is $4,850/month. Live RLS listings show 2-bedrooms at $15,000 per month. Rents are down 7.0% year over year.

Median asking rent in Little Italy is currently $365 below the 5-year high set in March 2025. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.

Median asking rent in Little Italy has risen 79.6% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.

Within walking or short-transit distance of Little Italy, median sale prices range across Soho at $3.8M, All Downtown at $1.5M, Chinatown at $550K, Nolita at $35K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

Little Italy is served by the 1, 6, A, B, C, D, E, J, N, Q, R, W, Z trains. The commute to Midtown Manhattan runs roughly 13 minutes from Grand St.

Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Little Italy, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: [email protected].

Cómo Puedo Ayudarle en Little Italy

Milton Coste, Licensed Associate Broker

Milton Coste

Corredor Asociado Licenciado

Keller Williams NYC · NY #10301213304

Más de 25 años de experiencia y más de 2,000 transacciones cerradas en NYC. Ya sea que esté comprando, vendiendo o alquilando en Little Italy, lo guiaré en cada paso del camino.

I speak English

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