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25+ years experience · 1,000+ transactions · 5-star reviews
Manhattan · New York, NY
0 active listings · Median $1.5M
Calculating market narrative...
A condo-dominant submarket with rents at the 5-year high and rising sale prices.
Median asking rent in All Downtown sits at $5,495/month, matching the 5-year high. Rents are up +9.4% year over year and +70.9% over the past 5 years. Median sale price stands at $1.50M, 7.8% below the 5-year high recorded in Apr 2022. Sale prices are up +11.3% year over year. Sale listings are clearing 9 days faster than at this point last year.
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 Mar 2026.
Downtown Manhattan encompasses the neighborhoods south of 14th Street, from the glass towers of the Financial District to the cast-iron lofts of SoHo and the brownstone blocks of the West Village. The housing stock includes luxury new-construction condominiums, prewar co-ops, converted warehouse lof...
| Borough | Manhattan |
| Zip Code | 10013 |
| Subway | 1, 6, A, C, E, J, N, Q, R, W, Z trains |
| Building Types | Pre-war buildings, Co-ops, Condos |
Stations: Canal St (0.14 mi), Spring St (0.22 mi), Prince St (0.28 mi), Franklin St (0.35 mi), Bowery (0.54 mi)
Midtown: 12 min (A express from Canal St)
| School | Grades | Dist |
|---|---|---|
| P.S. 150 Tribeca Learning Center | PK-5 | 0.47 mi |
| P.S. 234 Independence School | PK-5 | 0.63 mi |
| P.S. 89 (Liberty School) | PK-5 | 0.79 mi |
| The STAR Academy - P.S.63 | PK-5 | 0.80 mi |
| P.S. 020 Anna Silver | PK-5 | 0.91 mi |
| I.S. 312 NYC Lab Middle School | 6-8 | 0.61 mi |
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
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Based on active listings in All Downtown
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Properties in All Downtown
No listings currently available. Contact Milton
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 last updated: 1/1/1970.
Experience across NYC
Transactions closed
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 All Downtown buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
"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."
"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."
The median sale price in All Downtown is $1.5M. Condos sit at a median of $2.1M and co-ops at $970K. Sale prices are up 11.3% year over year.
No. The median sale price in All Downtown is currently 7.8% below the 5-year high recorded in April 2022. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in All Downtown have a median of 67 days on market. That is 9 days faster than the same point a year ago. Roughly 11.5% of active listings have recorded a price cut, suggesting some negotiating room.
All Downtown is broadly balanced right now, with median days on market at 67 days and 11.5% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.
All Downtown offers both co-ops and condos. Condos are the higher-priced segment at a $2.1M median, with co-ops at $970K.
Roughly 242 homes change hands each month in All Downtown 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 All Downtown is $5,495/month. Rents are up 9.4% year over year.
Yes. The median asking rent in All Downtown 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 All Downtown has risen 70.9% 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 All Downtown, median sale prices range across Soho at $3.8M, Tribeca at $3.5M, Little Italy at $1.6M, 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.
All Downtown is served by the 1, 6, A, C, E, J, N, Q, R, W, Z trains. The commute to Midtown Manhattan runs roughly 12 minutes from Canal 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 All Downtown, 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].
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Licensed 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 All Downtown, I will guide you every step of the way.
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