$1,151,100Average Value$1,324Average Price per Sq Ft52Homes For Sale
Alphabet City is a blend of past and present
Stretching from Houston to 14th streets and from Avenue A to the East River, Alphabet City is an eclectic mix of old versus new. Like its larger neighbor, the East Village, Alphabet City is largely made up of prewar rowhouses and tenement-style buildings—many of them rentals—but a growing number of co-ops and luxury condos have debuted in the last decade. This shift is reflected in the area’s commercial space, where neighborhood establishments and historical bars dot the same blocks as new mom-and-pop shops and trendy cocktail lounges. “Alphabet City feels like a true neighborhood, which can be hard to find in Manhattan,” says Yesim Ak, licensed associate real estate broker with Compass, who has been selling real estate in downtown Manhattan for 13 years. “Also, there are fewer tourists in the area, which makes it feel truly local.”
Alphabet City is the perfect neighborhood for lunch and happy hour.
Alphabet City's iconic 5-story brick residences stand tall.
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Independently owned restaurants and a vibrant nightlife
Filled with local eateries, Alphabet City’s culinary scene is global in taste and laid-back in atmosphere. Casa Adela, a cash-only, BYOB hole-in-the-wall, has paid homage to the neighborhood's Puerto Rican community since its opening in 1976. Locals also frequent Bobwhite Counter for authentic southern fare and Nowan for unique, Korean-American fusion. Though highly rated restaurants are aplenty, it’s Alphabet City’s nightlife that draws a crowd. Grungy dive bars line Avenue A, attracting college students and artsy types alike, while more upscale wine and cocktail bars tempt those from around the city. “Mainstream businesses aren’t set up here, so it’s ideal for people who want a more local experience with great nightlife,” says Candice Milano, a licensed associate real estate broker with Brown Harris Stevens.
Taste the vibrant Latin vibes at Yuca Bar in Alphabet City.
Alphabet City has a vibrant nightlife with dozens of bars to choose from.
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A city park beloved by locals
Today, Tompkins Square Park looks like a typical urban park, with basketball courts, playgrounds, a dog run, and small stretches of shaded lawn. But like the rest of Alphabet City, the park is laced with history. A relic of the temperance movement stands near the west end of the square, while the park’s oldest trees are maintained by a devoted committee of volunteers. The concerns over homelessness and gentrification that came to a head in the 1980s are still being addressed today through programs like weekly food distribution. The park hosts annual events like DanceFest in May and the Charlie Parker Jazz Festival in August, plus weekly attractions like the year-round Greenmarket. Nearby, small member-run gardens like 6BC Botanical Garden and La Plaza Cultural offer a quiet respite from busy city streets.
Serenity amidst the city hustle at Tompkins Square Park, Alphabet City.
Alphabet City locales will find fresh baked breads stacked at the Tompkins Square Green Market.
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A relatively affordable neighborhood for home buyers
Since the 1950s, Alphabet City has become an enclave for creatives. “The artistic legacy of the East Village and Alphabet City is absolutely a draw for people looking to move here,” Ak says. “People think of the neighborhood’s punk-rock scene in the ’80s and they come to New York City wanting a taste of that. Often, people find that in Alphabet City for a relatively affordable price point.” Small renovated co-ops—some of which are HDFC, income-restricted—are in the $400,000 to $600,000 range, while new luxury condo units with two to four bedrooms go for between $1.8 million and $5 million. Prices tend to be consistent throughout the neighborhood, even in buildings close to the cluster of NYCHA public housing towers spanning three superblocks along Avenue D.
Nestled in Alphabet City, intimate apartment buildings and historic townhouses.
Contemporary living meets urban vibe with modern apartments in Alphabet City.
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Minimal public transportation
Transportation in Alphabet City is relatively limited, with many residents relying on the bus, including the M14 and M15 express buses, or one of the 20-plus Citi bike stations. Otherwise, the nearest subway lines are the L to the north at First Avenue and 14th Street, and the F to the south at Second Avenue and East Houston Street. Proximity to FDR Drive to the east simplifies farther commutes.
Multiple express and local buses run through Alphabet City providing convenience for residents.
Citi Bike stations throughout Alphabet City provide alternative travel options for locals.
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Highly rated community schools with cultural programming
The area has two elementary schools with A ratings from Niche, including P.S. 19 The East Village Community School, which offers weekly programs with Alvin Ailey dance company, Lincoln Center musicians, and other local partners. Tompkins Square Middle School also earned an A from Niche, with a student-teacher ratio of 15-to-1. High school students can attend East Side Community School, which earned a B+ rating from Niche, has a 92 percent graduation rate, and offers peer tutoring and college advisory services.
The student to teacher ratio is 12 to 1 in Alphabet City, New York.
East Village Community School is apart of the PS 19 Asher Levy Campus.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Jeffrey Goodman,
an experienced agent in this neighborhood.
Parks in this Area
La Plaza Cultural
Picnic Area
Trails
Botanical Gardens
Dry Dock Playground & Pool
Bike Trails
Picnic Area
Pool
Joseph C. Sauer Playground
Picnic Area
Trails
Playground
9th Street Community Garden Park
Picnic Area
Trails
Botanical Gardens
Parque de Tranquilidad
Picnic Area
Trails
Events
John V. Lindsay East River Park
Baseball/Softball
Basketball
Bike Trails
Tompkins Square Park
Basketball
Pool
Playground
Transit
Airport
Laguardia
21 min drive
Bus
Av C & E 8 St
Bus
Av D & E 4 St
Bus
Av C & E 6 St
Bus
Av A & E 5 St
Bus
Av A & E Houston St
Bus
Av D & Loop
Bus
E 10 St & Av D
Crime and Safety
1 - Low Crime, 10 - High Crime
Alphabet City
US
Homicide
4
4
Sexual Assault
6
4
Assault with Weapon
6
4
Robbery
8
4
Burglary
4
4
Motor Vehicle Theft
2
4
Larceny
4
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Alphabet City Demographics and Home Trends
On average, homes in Alphabet City, Manhattan sell after 88 days on the market compared to the national average of 49 days. The median sale price for homes in Alphabet City, Manhattan over the last 12 months is $847,500, down 9% from the median home sale price over the previous 12 months.
East Village bright corner gem ready to be called home with city views. Enter through the lobby and head towards your next joyful residence. The light filled and cheerful bedrooms have large windows with plenty of storage space that can easily fit your treasured items. The large primary room can easily fit a king size bed and so much more. Continue basking in natural light in this wonderful
Your unicorn has arrived!Perched atop an intimate East Village HDFC, this jewel box of a home is truly something special. Spanning two light-filled levels and wrapped in 17 windows with three exposures, the apartment is simply bursting with natural light and remarkable views.To the north, gaze out over the city skyline from the Empire State Building to the Chrysler. To the south and east, enjoy a
Discover the best of East Village living at 198 East 7th Street, Unit 1! This charming pre-war Coop studio perched above street level combines timeless character with modern convenience in one of New York City's most vibrant neighborhoods. Perfect for those seeking a cozy urban retreat, this East Village studio offers hardwood floors, high ceilings, and a smart, space-saving layout designed for
Brand new renovated unit. 1850 ft. total: 350 sq. ft. storefront plus 1500 sq ft Lower Level with 3 separate entrances to the lower level, including elevator, lobby, and stairs directly from the street. The unit will be delivered vacant. The Unit is ADA compliant, providing accessibility to all users. The space is suitable for numerous community uses, and has been approved for adult
This spectacular triplex penthouse delivers a sense of scale and serenity rarely found in Manhattan. Encompassing approximately 1,600 square feet of interior space, the residence is flooded with natural light from three exposures and crowned by a stunning skylight that bathes all three levels in sunlight. Elegant, custom glass staircases serve as both a design centerpiece and a light conduit,
A Dreamy Modernist Aerie Floating Above Tompkins Square Park. Designed by architect Joel Sanders and featured in numerous publications, this reimagined loft inside the Christodora House is more than a home- it's a modernist icon offering a truly rare combination of comfort, enduring style, and a window to the vibrancy of the city. Floating above Tompkins Square Park, the residence
Let the sun shine in! Amazing corner, 2 bedroom, 2 bath with washer dyer available for rent. Floor to ceiling windows allow for unparalleled views and natural light. Gleaming hardwood floors run throughout the residence. The open concept floorplan is ideal for city living. The chefs kitchen boasts stainless steel Viking and Bosch appliances. There is plenty of room for a dining area as well.
One of a kind One bedroom with private outdoor deck in East Village! Located just one flight up the stairs in a walk up building, this unit features tons of natural light, large living space with separate renovated kitchen with dishwasher area, queen size bedroom and renovated bathroom.
Renovated Two Bedroom in East Village!Enjoy sun drenched two bedroom home with gorgeous renovations. The unit features separate bedrooms, charming living space, separate windowed kitchen with dishwasher as well as renovated bath.Located on the 3rd floor of a walk up building in east village. Close to public transportation, cafes and shopping.
Interested in learning more about homes in this area?
Reach out to
Jeffrey Goodman,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
30,830
Median Age
38
Population Density
128 ppl/acre
Population under 18
16.8%
Below the national average
23.8%
Population over 65
18%
On par with the national average
19.1%
Finances
Median Household Income
$46,721
Significantly below the national average
$71,702
Average Household Income
$83,336
Education and Workforce
High School Graduates
82.3%
Below the national average
89.1%
College Graduates
48.9%
Above the national average
34.1%
Advanced Degrees
19%
% Population in Labor Force
59.1%
Weather
Annual Precipitation
50''
Average Winter Low Temperature
28°F
Average Summer High Temperature
85°F
Annual Snowfall
18''
Area Factors
Biker's Paradise
Bike Score®
98/ 100
Walker's Paradise
Walk Score®
97/ 100
Rider's Paradise
Transit Score®
100/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
