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Carnegie Hill

Carnegie Hill

$2,561,002 Average Value
$1,663 Average Price per Sq Ft
154 Homes For Sale

Upscale yet neighborly enclave next to Central Park

Carnegie Hill, a 40-square block neighborhood on Manhattan’s Upper East Side, is known for its quiet streets, proximity to Central Park and major cultural institutions, including the Guggenheim Museum and the 92nd Street Y. The area gets its name both from its high elevation and the location of Andrew Carnegie’s mansion, built in 1902 on 91st Street and Fifth Avenue, and later transformed into the Cooper-Hewitt Design Museum. With luxury high-rises on well-manicured Park Avenue and low-rise buildings and townhouses on tree-lined side streets, along with local cafes, restaurants and bakeries, the neighborhood seems almost quaintly residential for being in such a bustling city. “The skyline is very low, so when you walk around, you get a very village-y feel,” says Daniela Kunen, an associate broker at Douglas Elliman who has been living and selling homes in Carnegie Hill for over 30 years.

The Solomon R. Guggenheim Museum is an art museum located in the Carnegie Hill neighborhood.
The Solomon R. Guggenheim Museum is an art museum located in the Carnegie Hill neighborhood.
Directly bordering Carnegie Hill is New York City's notorious Central Park.
Directly bordering Carnegie Hill is New York City's notorious Central Park.
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Prewar co-ops and luxury Central Park views

High-rise condominiums line the avenues, from Third to Fifth avenues, while low-rise brick co-ops and apartment buildings occupy the side streets, with occasional stretches of townhouses in between. The neighborhood’s median home price of $2.3 million partially represents the market, but many units go for much more — and much less. “Studios might be $600,000 or $700,000,” says Kunen, while prewar one-bedrooms go up to $1.8 million. Condos are typically upwards of $2 million in both new constructions and older buildings, such as the Park Avenue Court, which was converted from a Gimbel’s department store in 1989. Multi-bedroom units in white-glove buildings on Fifth, Park and Madison avenues, as well as grand single-family townhouses, soar into the tens of millions.

In Carnegie Hill, you'll find grand multimillion-dollar townhouses.
In Carnegie Hill, you'll find grand multimillion-dollar townhouses.
Townhouses line the streets of the Carnegie Hill neighborhood.
Townhouses line the streets of the Carnegie Hill neighborhood.
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Casual upscale and locally owned eateries and markets

The designer boutiques that make Madison Avenue famous begin up in Carnegie Hill and continue south into Lenox Hill. Locally owned shops, such as The Corner Bookstore that opened in 1978, and Noglu bakery, an authentic French patisserie, add to the neighborhood’s charm. “There’s a huge amount of personal connection between the businesses and residents in the neighborhood,” says Joanna Cawley, a longtime Carnegie Hill resident who works as the Executive Director of the neighborhood association Carnegie Hill Neighbors. Lexington and Third avenues are a bit more bustling, with bodegas, cafes and grocery stores, including a Whole Foods and a Target. Lunch, brunch and dinner spots range in prices and formality — from white tablecloth French at Pascalou and Instagram-worthy bites at the South African Kaia wine bar, to sandwiches and salads at Eli’s and Butterfield Market. Cocktail spots and date-night restaurants are mostly found in neighboring Yorkville, along Second Avenue.

Westside Market is a staple in Carnegie Hill.
Westside Market is a staple in Carnegie Hill.
Noglu in Carnegie Hill is often packed with local customers.
Noglu in Carnegie Hill is often packed with local customers.
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Steps from Central Park’s reservoir

Central Park, at Carnegie Hill’s doorstep, is one of the neighborhood’s biggest perks. The Jacqueline Kennedy Onassis Reservoir butts up against Carnegie Hill to give residents a 1.58-mile running path around the water, with golden sunset views of the Upper West Side skyline. The Margaret L. Kempner playground, one of the park’s biggest playgrounds, draws in kids with its craftsman-inspired wooden jungle gyms. On 96th Street, the Samuel Seabury Playground gives families another outdoor rec option.

The Jacqueline Kennedy Onassis Reservoir is a peaceful oasis.
The Jacqueline Kennedy Onassis Reservoir is a peaceful oasis.
Locals exercise along Central Park's reservoir near Carnegie Hill.
Locals exercise along Central Park's reservoir near Carnegie Hill.
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Grade-A public and private schools, including Spence

Carnegie Hill is within District 2 of the NYC public school system. That gives residents access to schools with grade-A Niche ratings such as P.S. 77 Lower Lab and P.S. 6 Lillie D. Blake for kindergarten through fifth grade. P.S. M169 Robert F. Kennedy teaches kindergarten through 12th grade, and Hunter College High School covers ninth through 12th. The Dalton School and the all-girls Spence School are highly competitive private kindergarten through 12 options with A-plus Niche ratings in the neighborhood. While the 92nd Street Y isn’t a school, it offers arts and recreation classes to kids and adults and is a city-wide destination for speaker series and events by celebrities and intellectuals.

Private schools in Carnegie Hill include Dalton.
Private schools in Carnegie Hill include Dalton.
Hunter College High School is in Carnegie Hill.
Hunter College High School is in Carnegie Hill.
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Halloween DJs for families

Carnegie Hill Neighbors organizes an annual Halloween Spooktacular block party on 92nd Street to give families across the city a dedicated space to celebrate. “A huge amount of the people who come to the Spooktacular do not live in Carnegie Hill,” says Cawley. “The reason is because they feel comfortable with their kids here kind of relatively unsupervised.”

CHN's Spooktacular is a day full of fun, music, and trick-or-treating.
CHN's Spooktacular is a day full of fun, music, and trick-or-treating.
CHN's Spooktacular event is highly anticipated by the community's residents.
CHN's Spooktacular event is highly anticipated by the community's residents.
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Limited subway lines but buses save the day

Subway access in Carnegie Hill is restricted to the 6 train, which has stops along Lexington Avenue at 86th and 96th streets. However, farther east on Second Avenue, another 96th Street station has the N and the Q trains. Thankfully, nearly 10 different bus lines provide access to both lower Manhattan and Harlem, and the 96th Street crosstown bus cuts through Central Park to visit the Upper West Side.

Carnegie Hill has many transit options including the subway and buses.
Carnegie Hill has many transit options including the subway and buses.
The Second Avenue line runs into the heart of Carnegie Hill.
The Second Avenue line runs into the heart of Carnegie Hill.
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Niv Rozenberg
Written By
Niv Rozenberg
Leon Cato
Photography Contributed By
Leon Cato
Mike Dunleavy
Video By
Mike Dunleavy

Agents Specializing in this Area

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Schools

Source:
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

Parks in this Area

Transit

Airport

Laguardia

17 min drive

Subway

96 Street (4,6 Line)

Bus

Madison Av & E 86 St

Bus

Lexington Av & E 89 St

Bus

Madison Av & E 89 St

Bus

Lexington Av & E 92 St

Bus

E 96 St & 5 Av

Bus

Madison Av & E 91 St

Bus

E 86 St & Lexington Av

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime Carnegie Hill US
Homicide 4 4
Sexual Assault 4 4
Assault with Weapon 3 4
Robbery 2 4
Burglary 4 4
Motor Vehicle Theft 3 4
Larceny 2 4
Crime Score 2 4

Source: WhatIsMyCrimeRisk.com

Neighborhood Facts

Number of Homes
2,484
Number of Homes for Sale
154
Median Year Built
1929
Months of Supply
7.50
Average Single Family Home Size Sq Ft
2,069
Above the national average
1,931
Average 2 Bedroom Size Sq Ft
1,471
Average 1 Bedroom Size Sq Ft
827
Average Studio Size Sq Ft
723
Median Lot Size Sq Ft
10,018

Open Houses

  • Monday, May 4
    5 - 6pm

    120 E 87th St Unit P14B, New York, NY 10128

    $1,300,000

    • 1 Bed
    • 1 Bath
    • 787 Sq Ft
    • 120 E 87th St
    • Unit P14B

    Residence P14B at Park Avenue Court is a magnificently proportioned, loft-like, turnkey one-bedroom in triple-mint condition, featuring soaring 14-foot ceilings and an expansive, light-filled layout with oversized windows throughout. The open dining area, kitchen, and living space seamlessly integrate-ideal for both everyday living and entertaining. The kitchen is thoughtfully

    Josue Gonzalez* Coldwell Banker Warburg

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  • Sunday, May 3
    1 - 2:30pm

    20 E 88th St Unit 4-B, New York, NY 10128

    $599,000

    • 1 Bed
    • 1 Bath
    • 650 Sq Ft
    • 20 E 88th St
    • Unit 4-B
    • New 26 days ago

    New to Market! Fabulous Location in the heart of Carnegie Hill. Half block from Central Park, Fifth Avenue, Museum Mile and the Guggenheim Museum. Spacious one bedroom and one bath with north, south exposure. Renovated - Move-in Condition. Elevator, Boutique Coop prewar building, with high ceilings. Between Fifth and Madison Avenues - this location will spoil you. Within reach to exclusive

    Nena Marlo Corcoran Group

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  • 64 E 94th St Unit 7B, New York, NY 10128

    $600,000

    • 1 Bed
    • 1 Bath
    • 777 Sq Ft
    • 64 E 94th St
    • Unit 7B

    Great opportunity to own an extra-large 1-bedroom apartment in a full-service building, just a block and a half from Central Park at an unbeatable price. Large proportions and generous closet space. Located in the heart of Carnegie Hill, just off Madison, this corner unit is flanked by large closets . The generous layout offers more than enough room for both living and dining areas,

    Morella Machado Christies International Real Estate Group LLC

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Condo Buildings

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Rental Home Trends

Number of Homes for Rent
20
Median Rent
$4,195
Median Single Family Home Rent
$6,450
Median Townhouse Rent
$4,200
Median 3 Bedroom Townhouse Rent
$12,500
Median Condo Rent
$5,725
Median 2 Bedroom Condo Rent
$8,500

Demographics

Total Population
16,663
Median Age
45
Population Density
135 ppl/acre
Population under 18
19.3%
On par with the national average
23.8%
Population over 65
25.6%
Above the national average
19.1%

Finances

Median Household Income
$167,671
Significantly above the national average
$79,597
Average Household Income
$184,093

Education and Workforce

High School Graduates
98.6%
College Graduates
88.1%
Significantly above the national average
34.1%
Advanced Degrees
51.8%
Significantly above the national average
13.3%
% Population in Labor Force
67.6%

Weather

Annual Precipitation
50''
Average Winter Low Temperature
28°F
Average Summer High Temperature
85°F
Annual Snowfall
18''

Area Factors

Exceptionally friendly

Bike Score®

90 / 100

Exceptionally friendly

Walk Score®

100 / 100

Exceptionally friendly

Transit Score®

100 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Nearby Neighborhoods

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.
NEIGHBORHOOD
Carnegie Hill