$1,403,957Average Value$1,456Average Price per Sq Ft224Homes For Sale
Business meets pleasure in this increasingly residential neighborhood
The Financial District has been a hub for banking and business almost from the moment Manhattan was founded. Its sidewalks still teem with financial workers, who rush down Wall Street, past the Charging Bull and Fearless Girl statues, all under New York City's tallest building, One World Trade Center. The area was deeply damaged by the September 11 attacks, but with government and private investment a slew of new condominiums and converted historic buildings mean more people are calling FiDi home. “The neighborhood has truly gone through a complete revitalization,” says Corey Wecler, a licensed associate real estate broker with Compass who’s been selling properties in the neighborhood since 2003. “Most of what exists today in the form of shopping, restaurants and neighborhood amenities has been a result of everything that's taken place over the course of the last 15 to 20 years.” On-trend shopping and dining draw people from across the city, an easy trip because most of NYC's subway lines converge there. “It’s a major selling point,” Alexis Gandelman, a broker with City Connections Realty, says of the transit options. “No matter where somebody needs to go [in the city], there’s a subway within a two-block radius.” Plus, “It’s old, but with a modern twist and very charming,” she says about the neighborhood, adding that many people also move downtown for its quality of life. This includes waterfront proximity, numerous parks, year-round community events and cleaner streets. “You’re in the city, but it feels like you’re not in the city.”
The famous Charging Bull in the heart of FiDi is visited by many travelers.
When visiting the Financial District in NYC, one can certainly feel its energy.
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Condos in FiDi offer extensive amenities
New luxury high rises are fast joining the many landmark buildings converted into amenity-laden condos. Wecler cites 15 Broad Street, designed by Philippe Starck, as one of the first large-scale conversion projects that helped transform the neighborhood. Many others have followed, including One Wall Street, a former bank headquarters in an Art Deco skyscraper. New condo buildings have also been popping up, like 130 William, a 66-story building noted for its dramatic arched windows. “The buyer who ends up purchasing in the Financial District is often somebody who values space over all other priorities in their search,” says Wecler. And buyers don’t have to resign themselves to conventional architecture. “It’s not cookie cutter down there,” says Gandelman, noting that condo conversions work with existing floorplans. As an example, she mentions how there are some Flatiron-style buildings, which many buyers don’t realize. Prices start around $500,000 for a studio, although the median price for a 1-bedroom unit is closer to $1 million. Average home values are about twice that of the New York metro area. Even if the buildings are older, the office conversions mean that residences tend to be newer than other parts of the city. Those buildings tend to offer high-end amenities, like squash courts and screening rooms. More than 60 percent of the neighborhood buildings remain offices, and most residents of FiDi are renters.
The distinguished condo One Wall Street with ornate Art Deco styling.
The Financial District features towering new buildings.
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Established haunts and newcomers like Printemps
For leisure, trendy new eateries have joined classic spots like Delmonico’s, considered the first fine-dining restaurant in the U.S., and Stone Street, the city’s oldest nightlife district. “A lot of people think the Financial District dies after working hours, and that’s simply not the case,” says Gandelman. “It’s a very fast-growing residential neighborhood and after hours you see people with their kids and dogs.” Eataly Downtown, a bread-focused version of the popular Italian market and food hall, and the Alamo Drafthouse, beloved for movies with a meal and cocktails, draw visitors from across the city. In nearby South Street Seaport, the Tin Building features a dozen dining and drinking options. And Brookfield Place, in neighboring Battery Park, is a mixed-use complex with food courts, a seasonal ice-skating rink and family-family events. High-end French department store Printemps is slated to open in the One Wall Street building in 2025, which now houses a new two-story Whole Foods and a Life Time Fitness. Gandelman notes that Battery Park City is close for more restaurants, bars and events. Also of note, the iconic Trinity Church was founded in 1697, although the current structure dates back to 1846. (Previous iterations were destroyed first by fire, then by snow.) Tourists flock to this Neo-Gothic church for its architecturally impressive features, newer stained-glass windows and historic cemetery, where the famed Alexander Hamilton rests in peace with his immediate family. Locals can attend regular services and an ongoing event series offering concerts and talks.
Eataly serves up traditional Italian dishes for lunch & dinner at Eataly.
Built in 1846, Trinity Church is an iconic building in the Financial District.
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Green space surrounded by views
There is a good amount of green space to be found, mostly along the waterfront. The 11-mile Hudson River Greenway along the western edge offers biking and running on the water and the Battery at the southern tip of the island has a promenade and views. Smaller parks and dog parks are dotted throughout, including Zuccotti Park — once home to the Occupy Wall Street movement — and Imagination Playground with a sandbox and splash pad. The East River Park is undergoing a significant revitalization, with a new esplanade that will include re-landscaped paths and flood protections.
Liberty Park is directly across from World Trade Center in the Financial District.
Nestled in the Financial District of New York lies the picturesque Battery Park.
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Subways, commuter lines and ferries are never far
Almost every subway line converges in FiDi, providing easy access to the rest of the city. The Oculus, a main transportation hub at World Trade Center, offers 12 lines and PATH trains to New Jersey; the Fulton Center is another hub. Ferries offer service to Brooklyn, Queens, Staten Island and more.
Pier 11 connects the Financial District with the rest of the city via ferries.
The Oculus is a commuter hub near the Financial District.
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Highly rated public and private schools
New York City offers an array of school choices to residents. Public schools in the neighborhood include PS 234 Independence School, which serves Kindergarten to Grade 5 and features an A rating from Niche, and PS 397 Spruce Street School, which has a middle school program that emphasizes math and science and earns an A from Niche. Millennium High School is a highly selective public school that US News ranks highly for the city and gets an A grade from Niche. Stuyvesant High School, located in Battery Park City, is regularly ranked as one of the best in the country. For private, Léman Manhattan Preparatory School is an International Baccalaureate school serving pre-K to 12th grades.
A view of Millennium High School.
The A-rated Spruce Street School is located off Spruce Street near City Hall.
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Flooding can be a problem
Part of FiDi’s southern and eastern sections are in flood zones and were directly affected by Superstorm Sandy in 2012. Many buildings have since addressed future flooding concerns.
Crime is below-average to average
Crime is mostly below-average to average for a city neighborhood, with robbery and larceny scoring slightly above average.
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
Being right around the corner from World Trade, there are cops everywhere constantly. Emergency responders are very quick and reliable. I always feel safe here.
4.0Current Resident
2/16/2025Niche Review
Financial District is a very safe neighborhood. It feels very nice and there is a lot of people here who walk around. It a big city space with lots of finance companies. There's also lots of food and stores here. Sometimes it's a little pricey and boring at times. But it is still a very nice neighborhood to grow up in.
4.0Current Resident
4/27/2022Niche Review
I like the financial district because it is the typical fast paced environment New York City is know for during the day, however, quiet and more residential during the night. Not the best night life, but easy access to everywhere in New York City on Fulton Street.
4.0Niche User
5/21/2016Niche Review
I love living in the Financial District. I always have access to any part of the city. Almost every subway line stops through Fulton Station. The area is super safe, and I have never felt threatened coming home. There are three grocery stores walking distance, and many give student discounts. It's a younger crowd living in this area because Pace University is right here.
Are you familiar with the Financial District neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Financial District
US
Homicide
6
4
Sexual Assault
6
4
Assault with Weapon
5
4
Robbery
3
4
Burglary
6
4
Motor Vehicle Theft
5
4
Larceny
3
4
Crime Score
3
4
Source: WhatIsMyCrimeRisk.com
Financial District Demographics and Home Trends
On average, homes in Financial District, Manhattan sell after 146 days on the market compared to the national average of 53 days. The median sale price for homes in Financial District, Manhattan over the last 12 months is $1,350,000, up 29% from the median home sale price over the previous 12 months.
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