Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Financial District

Manhattan · New York, NY

205 active listings · Median $830K

$830K
Median Asking
$4,925/mo
Median Rent/Mo
205
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
$1,291
Sale-to-List Ratio
97.0%

Price Trends

Median closed sale price by month

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Own in Financial District? What it would sell for today

The Financial District mixes office towers converted to residential lofts with newer high-rise condominiums facing the rivers and harbor. Buyers weigh that stock against the Fulton Center and Oculus hubs, the 2/3/4/5/A/C/J/Z trains, Battery Park and Bowling Green. Condo sellers should have the offering plan amendments and common-charge history ready, along with the building's recent board minutes.

Send me the address and I will read the comps in Financial District before we talk

With the address I can look at what sold in your building and on your block. If you would rather not give it yet, the email alone is enough.

Email is the only required field.

Current Inventory Snapshot

Calculating market narrative...

Inventory & Activity
Active Listings374
Pending Sales62
New This Week14
New This Month56
Avg DOM80 days
Price Cut Rate11.5%
Recent Sales
Sold Last 30 Days20
Sold Last 90 Days67
Sale-to-List97.0%
Asking Prices
Median Asking$830,000
Average Asking$1,861,787
Median $/SqFt$1,291
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
Studio48$694,900$495K - $1.37M
1 Bedroom77$995,000$535K - $3.10M
2 Bedrooms51$1,895,000$790K - $5.20M
3+ Bedrooms29$3,420,000$1.25M - $13.50M

Active Listings

Properties in Financial District

12
55 Wall Street 632
$685,000
1 BD · 1 BA · 782 sqft · Condo
55 Wall Street 632
Listed by: Carini Group LLC
26
1 WALL Street 924
$999,999
1 BD · 1 BA · 635 sqft · Condo
1 WALL Street 924
Listed by: Brown Harris Stevens Residential Sales LLC
14
88 Greenwich Street 412
$528,000
· 1 BA · 518 sqft · Condo
88 Greenwich Street 412
Listed by: Compass
6
15 WILLIAM Street 31C
$1,290,000
1 BD · 1 BA · 832 sqft · Condo
15 WILLIAM Street 31C
Listed by: Corcoran Group
19
1 WALL Street 710
$1,195,000
· 1 BA · 631 sqft · Condo
1 WALL Street 710
Listed by: Douglas Elliman Real Estate
21
55 Wall Street 600
$750,000
1 BD · 1 BA · 1,279 sqft · Condo
55 Wall Street 600
Listed by: R New York
11
20 PINE Street 2905
$645,000
· 1 BA · 598 sqft · Condo
20 PINE Street 2905
Listed by: Brown Harris Stevens Residential Sales LLC
8
15 WILLIAM Street 31G
$1,100,000
1 BD · 1 BA · 800 sqft · Condo
15 WILLIAM Street 31G
Listed by: Corcoran Group
27
15 Broad Street 3100
$1,999,000
2 BD · 2 BA · 1,922 sqft · Condo
15 Broad Street 3100
Listed by: Compass
4
56 PINE Street 15B
$499,000
· 1 BA · 526 sqft · Condo
56 PINE Street 15B
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
4
75 WALL Street 31A
$920,000
· 1 BA · 905 sqft · Condo
75 WALL Street 31A
Listed by: Corcoran Group
13
20 West Street 23J
$716,500
1 BD · 1 BA · 760 sqft · Condo
20 West Street 23J
Listed by: Howard Hanna NYC
20
99 John Street 1413
$649,000
· 1 BA · 530 sqft · Condo
99 John Street 1413
Listed by: Compass
5
75 WALL Street 33E
$870,000
· 2 BA · 669 sqft · Condo
75 WALL Street 33E
Listed by: Corcoran Group
16
3 Hanover Square 13C
$1,265,000
2 BD · 2 BA · 1,250 sqft · Co-op
3 Hanover Square 13C
Listed by: Compass
20
50 WEST Street PH58B
$12,500,000
4 BD · 4 BA · 3,594 sqft · Condo
50 WEST Street PH58B
Listed by: Douglas Elliman Real Estate
10
3 HANOVER Square 19J
$720,000
1 BD · 1 BA · 734 sqft · Co-op
3 HANOVER Square 19J
Listed by: Serhant
6
99 John Street 1907
$899,000
1 BD · 1 BA · 754 sqft · Condo
99 John Street 1907
Listed by: Compass
5
75 WALL Street 34D
$931,500
· 2 BA · 694 sqft · Condo
75 WALL Street 34D
Listed by: Corcoran Group
19
1 WALL Street 817
$1,280,000
· 1 BA · 686 sqft · Condo
1 WALL Street 817
Listed by: Corcoran Group
12
1 Wall Street Court 1102
$635,000
· 1 BA · 450 sqft · Condo
1 Wall Street Court 1102
Listed by: Keller Williams NYC
8
55 WALL Street 828
$599,000
1 BD · 1 BA · 886 sqft · Condo
55 WALL Street 828
Listed by: Corcoran Group
21
125 GREENWICH Street 21D
$2,995,000
3 BD · 4 BA · 1,932 sqft · Condo
125 GREENWICH Street 21D
Listed by: Douglas Elliman Real Estate
25
125 GREENWICH Street 62C
$1,360,000
· 1 BA · 636 sqft · Condo
125 GREENWICH Street 62C
Listed by: Douglas Elliman Real Estate

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 helped me purchase my first Manhattan condo, and I can't recommend him highly enough. What could have been a stressful process ended up feeling remarkably smooth. From the initial offer through closing, Milton was responsive, knowledgeable, and always willing to take the time to answer questions and explain the details. I always felt informed and supported, but never pressured. If you're looking for a broker who is knowledgeable, trustworthy, responsive, and genuinely invested in helping his clients succeed, I would absolutely recommend Milton.

M
Mr. B
Buyer · Manhattan

Milton was extremely helpful in finding my dream place. He was quick, friendly, and extremely responsive. He made the process so easy for me that it really took a weight off my shoulders. He took his time to work with my schedule and make sure I felt comfortable in my new place. I am really thankful. Highly recommend.

P
Pia P.
Renter · Manhattan

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 $4,825, 1-bedrooms at $5,550, 2-bedrooms at $7,625 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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