Seagate

The median sale price in Seagate is $966K. Condo sales make up the bulk of activity, with a median of $650K. Year-over-year price comparisons swing meaningfully when monthly closed-sale counts are low, so a single recent month is best read alongside the longer-term price trend.

No. The median sale price in Seagate is currently 29.7% below the 5-year high recorded in December 2023. That gap can favor buyers searching for value relative to the neighborhood's past peak.

Sale listings in Seagate have a median of 223 days on market. That is 111 days slower than the same point a year ago. Roughly 14.8% of active listings have recorded a price cut, suggesting some negotiating room.

Seagate is currently tilting toward buyers. Median days on market is 223 days and roughly 14.8% of active listings have recorded a price cut, both indicating room to negotiate.

Seagate is primarily a condo market, with the median sale price at $650K. Co-op inventory is limited.

Roughly 2 homes change hands each month in Seagate 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 Seagate is $3,995/month. Rents are up 85.8% year over year.

Median asking rent in Seagate is currently $1,505 below the 5-year high set in February 2024. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.

Median asking rent in Seagate has risen 59.8% 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 Seagate, median sale prices range across Midtown at $1.9M, Central Park South at $1.7M, Midtown West at $895K, Midtown East at $875K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

Seagate is served by the 1, 2, 3, 7, A, C, E, F, M, N, Q, R, S, W trains. The commute to Midtown Manhattan runs roughly 8 minutes from Times Sq-42 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 Seagate, 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].