Dumbo Ranked the Fourth Most Expensive Nabe in NYC


Property Shark compiled a list of the most expensive neighborhoods in NYC based on an analysis of entire neighborhoods instead of strict zip code boundaries. So which neighborhood ranked above the Upper West and Upper East Side, West Village and Chelsea? Dumbo, which came in fourth, just behind Soho, Tribeca and Flatiron. Boerum Hill, the only other Brooklyn neighborhood on the list, was the 10th most expensive. According to Property Shark: “Surprisingly, Dumbo surpassed many high-end Manhattan neighborhoods and is in forth place with a median sale price of $1,075,000, 9% up from the median sale price recorded in Q2 2010, which was $990.000.”
Dumbo Makes it in the Top Five Most Expensive NYC Neighborhoods [Property Shark]

What's Happening