Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Financial District

Manhattan · New York, NY

202 active listings · Median $830K

$830K
Median Asking
$4,925/mo
Median Rent/Mo
202
Active Listings
80
Avg Days on Market

Monthly Snapshot

Live from REBNY/RLS

Calculating market narrative...

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Market Pulse — Financial District

What defines this market

A mixed-stock submarket with rents at the 5-year high and sale values below the 5-year high.

Common search patterns

investorsvalue buyerstight rental marketstrong rent growth

Median asking rent in Financial District sits at $4,925/month, matching the 5-year high. Rents are up +5.9% year over year and +23.1% over the past 5 years. Median sale price stands at $830K, 48.1% below the 5-year high recorded in Nov 2022. Sale prices are down -9.4% year over year. Sale listings are clearing 4 days faster than at this point last year.

Rental snapshot

  • Median asking rent: $4,925/month (at the 5-year high)
  • Year-over-year rent change: +5.9%
  • 5-year rent change: +23.1%
  • Active rental listings: 951

For-sale snapshot

  • Median sale price: $830K (48.1% below the 5-year high in Nov 2022)
  • Condo vs co-op median: condos $880K / co-ops $705K
  • Year-over-year sale price change: -9.4%
  • Median days on market (sale): 80 days (4 days faster than a year ago)
  • Active for-sale listings: 374 (-9.9% YoY)
  • Active listings with a price cut: 11.5%
  • Recent monthly closed sales: 18

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.

Source: StreetEasy market data, through Jun 2026.

About Financial District

The Financial District occupies the southern tip of Manhattan, where landmark office towers have been converted into spacious residential lofts alongside new luxury high-rise condominiums with river and harbor views. The Oculus and Fulton Center transit hubs connect over a dozen subway lines, includ...

In my 25+ years selling real estate across New York City, I use this Financial District data in real negotiations, not just for a web page.

Quick Facts

BoroughManhattan
Zip Codes10004, 10005, 10006, 10007, 10038
Subway1, 2, 3, 4, 5, J, R, W, Z trains
Building TypesCondos

Transit, Schools & Commute

Subway Lines:1 2 3 4 5 J R W Z

Stations: Wall St (0.03 mi), Broad St (0.06 mi), Rector St (0.09 mi), Cortlandt St (0.21 mi), Bowling Green (0.24 mi)

Midtown: 11 min (2 express from Wall St)


Nearby Schools

SchoolGradesDist
P.S. 89 (Liberty School)PK-50.59 mi
P.S. 234 Independence SchoolPK-50.65 mi
P.S. 150 Tribeca Learning CenterPK-50.82 mi
I.S. 312 NYC Lab Middle School6-80.58 mi
I.S. 289 (Hudson River Middle School)6-80.59 mi
Stuyvesant High School9-120.73 mi

Market Report

Live data from REBNY/RLS. Updated every 15 minutes.

Median Asking Price
$830,000
-9.4% YoY
Median Rent
$4,925/mo
+5.9% YoY
Price per Sq Ft
$1,305
Sale-to-List Ratio
97.0%

Price Trends

Median closed sale price by month

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Current Inventory Snapshot

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Inventory & Activity
Active Listings374
Pending Sales58
New This Week5
New This Month20
Avg DOM80 days
Price Cut Rate11.5%
Recent Sales
Sold Last 30 Days30
Sold Last 90 Days80
Sale-to-List97.0%
Asking Prices
Median Asking$830,000
Average Asking$1,882,942
Median $/SqFt$1,305
Median Condo$880,000
Median Co-op$705,000
Property Mix
Condo: --Co-op: --Other: --

Price by Bedroom

Based on active listings in Financial District

TypeActive ListingsMedian PricePrice Range
Studio46$707,500$495K - $2.50M
1 Bedroom70$972,500$535K - $2.27M
2 Bedrooms57$1,995,000$775K - $5.25M
3+ Bedrooms29$3,350,000$1.25M - $13.50M

Active Listings

Properties in Financial District

33
176 BROADWAY 12E
$1,100,000
2 BD · 2 BA · Co-op
176 BROADWAY 12E
Listed by: Brown Harris Stevens Residential Sales LLC
13
88 Greenwich Street 2903
$585,000
· 1 BA · 444 sqft · Condo
88 Greenwich Street 2903
Listed by: Compass
11
56 PINE Street 10F
$535,000
1 BD · 1 BA · 601 sqft · Condo
56 PINE Street 10F
Listed by: Brown Harris Stevens Residential Sales LLC
26
25 Park Row 33C
$4,695,000
2 BD · 3 BA · 1,725 sqft · Condo
25 Park Row 33C
Listed by: Compass
11
119 Fulton Street 2A
$1,150,000
2 BD · 2 BA · 1,471 sqft · Condo
119 Fulton Street 2A
Listed by: Compass
27
15 Broad Street 3100
$1,999,000
2 BD · 2 BA · 1,922 sqft · Condo
15 Broad Street 3100
Listed by: Compass
14
88 Greenwich Street 412
$539,000
· 1 BA · 518 sqft · Condo
88 Greenwich Street 412
Listed by: Compass
4
56 PINE Street 15B
$499,000
· 1 BA · 526 sqft · Condo
56 PINE Street 15B
Listed by: Corcoran Group
16
50 WEST Street 18A
$1,900,000
1 BD · 2 BA · 1,167 sqft · Condo
50 WEST Street 18A
Listed by: Corcoran Group
6
15 BROAD Street 2804
$1,195,000
· 1 BA · 1,085 sqft · Condo
15 BROAD Street 2804
Listed by: Douglas Elliman Real Estate
15
115 South Street
$9,750,000
8 BD · 10 BA · 13,119 sqft · MultiFamily
115 South Street
Listed by: Compass
13
40 BROAD Street 18A
$965,000
1 BD · 1 BA · 930 sqft · Condo
40 BROAD Street 18A
Listed by: Douglas Elliman Real Estate
32
15 Broad Street 1006
$2,495,000
· 2 BA · 2,250 sqft · Condo
15 Broad Street 1006
Listed by: Compass
4
88 GREENWICH Street 1122
$630,000
· 1 BA · 618 sqft · Condo
88 GREENWICH Street 1122
Listed by: ISLAND ADVANTAGE REALTY LLC
4
15 BROAD Street 1200
$1,300,000
1 BD · 1 BA · 1,576 sqft · Condo
15 BROAD Street 1200
Listed by: ISLAND ADVANTAGE REALTY LLC
14
15 WILLIAM Street 10B
$949,000
1 BD · 1 BA · 791 sqft · Condo
15 WILLIAM Street 10B
Listed by: Douglas Elliman Real Estate
23
75 WALL Street 35C
$2,395,000
2 BD · 3 BA · 1,752 sqft · Condo
75 WALL Street 35C
Listed by: Platinum Forbes Global Properties
4
75 WALL Street 31A
$920,000
· 1 BA · 905 sqft · Condo
75 WALL Street 31A
Listed by: Corcoran Group
18
99 John Street PH9
$900,000
1 BD · 1 BA · 802 sqft · Condo
99 John Street PH9
Listed by: Sothebys International Realty
28
15 William Street 17E
$1,655,000
2 BD · 2 BA · 1,300 sqft · Condo
15 William Street 17E
Listed by: Sothebys International Realty
9
75 WALL Street 28I
$590,000
· 1 BA · Condo
75 WALL Street 28I
Listed by: Douglas Elliman Real Estate
9
123 WASHINGTON Street 49H
$765,000
1 BD · 1 BA · 606 sqft · Condo
123 WASHINGTON Street 49H
Listed by: Battery Park City Residential LLC
10
50 PINE Street 12PHN
$1,495,000
3 BD · 3 BA · 2,202 sqft · Condo
50 PINE Street 12PHN
Listed by: Corcoran Group
8
75 WALL Street PHL1
$1,995,000
2 BD · 3 BA · 1,601 sqft · Condo
75 WALL Street PHL1
Listed by: Serhant
10
75 WALL Street PHL2
$3,250,000
4 BD · 4 BA · 2,433 sqft · Condo
75 WALL Street PHL2
Listed by: Serhant
8
90 Gold Street 14J
$615,000
1 BD · 1 BA · Co-op
90 Gold Street 14J
Listed by: Compass
13
20 West Street 23J
$716,500
1 BD · 1 BA · 760 sqft · Condo
20 West Street 23J
Listed by: Howard Hanna NYC
33
88 GREENWICH Street 2304
$790,000
2 BD · 1 BA · 616 sqft · Condo
88 GREENWICH Street 2304
Listed by: Douglas Elliman Real Estate
8
80 JOHN Street 9C
$1,399,000
3 BD · 2 BA · 1,412 sqft · Condo
80 JOHN Street 9C
Listed by: Serhant
20
99 John Street 1413
$649,000
· 1 BA · 530 sqft · Condo
99 John Street 1413
Listed by: Compass

REBNY/RLS Disclaimer: 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 is refreshed every 15 minutes per REBNY IDX requirements.

Nearby Neighborhoods

Financial District Property Type Pages

Why Work With Milton in Financial District

25+ years

Experience across NYC

1,000+

Transactions closed

12+

Transactions in Financial District

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 Financial District buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.

Reviews

"Milton made the entire buying process seamless. His knowledge of the local market and negotiation skills saved us thousands. Highly recommend for anyone looking in Upper Manhattan."

JR
Verified Buyer
Google Review

"We sold our co-op in record time thanks to Milton's marketing strategy. Professional photography, virtual tour, and targeted digital ads brought multiple offers within the first week."

MC
Verified Seller
Zillow Review

Map

Related Articles

New This Week in Financial District

Sale listings that came on the market in the last 7 days.

Homes in Financial District take a median 80 days to sell. Source: StreetEasy market data.

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RLS at REBNY

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Frequently Asked Questions about Financial District

The median sale price in Financial District is $830K. Condos sit at a median of $880K and co-ops at $705K. Sale prices are down 9.4% year over year.

No. The median sale price in Financial District is currently 48.1% below the 5-year high recorded in November 2022. That gap can favor buyers searching for value relative to the neighborhood's past peak.

Sale listings in Financial District have a median of 80 days on market. That is 4 days faster than the same point a year ago. Roughly 11.5% of active listings have recorded a price cut, suggesting some negotiating room.

Financial District is broadly balanced right now, with median days on market at 80 days and 11.5% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.

Financial District offers both co-ops and condos. The two segments price similarly, with condos at a $880K median and co-ops at $705K.

Roughly 18 homes change hands each month in Financial District 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 Financial District is $4,925/month. Live RLS listings show studios at $4,000, 1-bedrooms at $4,900, 2-bedrooms at $7,200 per month. Rents are up 5.9% year over year.

Yes. The median asking rent in Financial District is currently at the 5-year high. Tenants searching the neighborhood right now are competing in a market priced at peak.

Median asking rent in Financial District has risen 23.1% 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 Financial District, median sale prices range across Chinatown at $9.8M, Tribeca at $3.0M, Battery Park City at $1.6M, Little Italy at $735K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

Financial District is served by the 1, 2, 3, 4, 5, J, R, W, Z trains. The commute to Midtown Manhattan runs roughly 11 minutes from Wall 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 Financial District, 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].

How I Can Help in Financial District

Milton Coste, Licensed Real Estate Associate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC · NY #10301213304

25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in Financial District, I will guide you every step of the way.

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