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Greenwich Village

Greenwich Village

Neighborhood Reviews
4.4
$1,813,983 Average Value
$1,899 Average Price per Sq Ft
178 Homes For Sale

A progressive and artistic community in Lower Manhattan

Greenwich Village was once the bedrock of American progressivism thanks to its bohemian, artistic residents. With its legacy of LGBTQ pride and penchant for preservation, Greenwich Village maintains its ahead-of-the-curve appeal to Manhattanites. “There are plenty of affluent and prestigious business people, artists, writers, professors, actors,” says Laurie Karpowich, a Greenwich Village resident of 28 years and a licensed real estate salesperson with Compass. “But it’s a very laid-back environment. People aren’t walking around in fancy outfits or hopping into chauffeured cars, although they may be mega-wealthy.” Pricey real estate has scrubbed some of the countercultural edge, but the community is still socially active and artistic, partly due to New York University’s sprawling presence.

Washington Square North is steeped in history and eye-catching architecture.
Washington Square North is steeped in history and eye-catching architecture.
Greenwich Village is electric with constant movement wherever you look.
Greenwich Village is electric with constant movement wherever you look.
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Highly-rated restaurants and popular bars abound

Locals are within walking distance of old and new restaurants spanning various cuisines. For casual outings, Mamoun's specializes in Middle Eastern falafel and Village Taverna serves authentic Greek fare. Upscale eateries include Il Cantinori, an Italian staple, and Minetta Tavern, a storied French bistro. Bleeker Street has a high concentration of bars, including The Red Lion, a neighborhood mainstay with affordable drafts, live music and dancing. The Village is also a hot spot for boutique shopping: The Strand Bookstore is popular with locals, while people flock to Beacon’s Closet and Looks Vintage for a fresh rotation of bargain finds.

Greenwich Village is perfect for those who enjoy socializing at the local bars and restaurants.
Greenwich Village is perfect for those who enjoy socializing at the local bars and restaurants.
Strand Book Store is a local favorite at Greenwich Village.
Strand Book Store is a local favorite at Greenwich Village.
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Local entertainment venues enrich the neighborhood’s culture

Various entertainment venues uphold the Village’s artistic reputation. Both locals and visitors frequent Blue Note or Village Vanguard jazz clubs, as well as Comedy Cellar. Small off-Broadway theaters, such as Greenwich House Theatre and the Cherry Lane Theatre, have hosted experimental productions since opening in 1917 and 1924, respectively.

Blue Note Jazz Club is a local favorite in Greenwich Village.
Blue Note Jazz Club is a local favorite in Greenwich Village.
Both locals and visitors frequent Comedy Cellar in Greenwich Village.
Both locals and visitors frequent Comedy Cellar in Greenwich Village.
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Historical homes come with high price tags

“Greenwich Village is a huge, dense area of residential-only space, compared to many other areas that are a mix of commercial and residential,” Karpowich says “Even Fifth Avenue and University Place are residential.” Prewar brick or brownstone rowhouses denote the area’s charming style. Though these buildings were once run-down and occupied by low-income artists, today’s homebuyers expect to pay premium prices. Town houses typically range between $13 million to $20 million but can go for more. In established co-ops, studio and one-bedroom units ask $450,000 to $2.5 million, while two-bedrooms range from $1.3 million to $4 million. Larger co-op residences in full-service buildings sell for as high as $10 million. A handful of new, luxury condos are available in the north, a historically upscale area between Washington Square Park and Union Square. Here, studio and one-bedroom condos start at $735,000, two-bedrooms start at $2.3 million, and large units fetch between $5 and $16 million.

Brownstone homes are a common sight within the Greenwich Village neighborhood.
Brownstone homes are a common sight within the Greenwich Village neighborhood.
Explore the eccentric, multi-million dollar townhomes of Greenwich Village.
Explore the eccentric, multi-million dollar townhomes of Greenwich Village.
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Two major city parks draw crowds

Whether you’re a native New Yorker or a newcomer to the city, you’ve likely seen Washington Square Park, if only through your television. The iconic Washington Square Arch towers over the park’s north end, and the massive fountain anchors the park’s center. Always active, the park draws an eclectic bunch of dancers, musicians, chess players, college students, children, sun-bathers and people-watchers. At the neighborhood's north end, Union Square offers paved paths and a surplus of street vendors, plus several subway stations.

The iconic Washington Square Arch towers over the park’s north end.
The iconic Washington Square Arch towers over the park’s north end.
Challenge the local chess players of Washington Square Park in Greenwich Village.
Challenge the local chess players of Washington Square Park in Greenwich Village.
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Annual community events, like The Village Trip Festival

Every fall, nonprofit group The Village Trip hosts their namesake festival celebrating the arts and activism of Greenwich Village. The two-week celebration includes musical performances, drag shows, themed walking tours, book panels, comedy shows, film screenings and more. Washington Square Park serves as the backdrop to many annual events, like the Washington Square Music Festival in June and the Village Halloween Parade in October.

Salsa Social welcomes all who want to learn how to dance Salsa in Greenwich Village.
Salsa Social welcomes all who want to learn how to dance Salsa in Greenwich Village.
Kids will be engaged while at Art in the Park in Greenwich Village.
Kids will be engaged while at Art in the Park in Greenwich Village.
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Kindergarten through collegiate education

Young learners can attend P.S. 41 Greenwich Village elementary school and Middle School 297, both of which earn an A-rating from Niche. The B-rated Harvest Collegiate High School offers admitted students an innovative schooling experience with capstone projects in an area of their choosing. New York University occupies many buildings throughout the neighborhood, with most concentrated around Washington Square Park.

Middle School is a vibrant community that embraces the incredible diversity of West Village.
Middle School is a vibrant community that embraces the incredible diversity of West Village.
New York University is in the heart of Greenwich Village.
New York University is in the heart of Greenwich Village.
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A well-connected area with many transit options

West 4th Street and Union Square are major transportation hubs with local and express lines. There are six bus lines, four stopping along West 8th Street, and more than 10 Citi bike stations serving the area. Three blocks away, drivers can hop on the West Side Highway.

Commuters us the 14th Street L Train Platform to get around the city from Greenwich Village.
Commuters us the 14th Street L Train Platform to get around the city from Greenwich Village.
Cyclists commute through Greenwich Village on a daily basis.
Cyclists commute through Greenwich Village on a daily basis.
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Teddy Willson
Written By
Teddy Willson
Franklin Abreu
Photography Contributed By
Franklin Abreu
Austin Lewis
Video By
Austin Lewis

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

22 min drive

Train

14 St (Path)

Subway

West 4 Street-Washington Square

Subway

8 Street-New York University

Subway

6 Avenue

Bus

Broadway & Bleecker St

Bus

W Houston St & La Guardia Pl

Bus

W 14 St & 6 Av

Bus

W Houston St & Sullivan St

Bus

6th Ave & W 3rd St

Bus

5 Av & W 12 St

Bus

Broadway & W 3 St

Reviews

Niche Reviews
4.4 9 Reviews
5.0 Former Resident
5/8/2018 Niche Review
The thing I loved the most about the Village is that you get a neighborhood that has almost everything you need, from bars to 24h drugstores, and is also very residential.
4.0 Niche User
6/30/2016 Niche Review
As always, any area in New York can be dangerous at times. But in my opinion, the Village is one of the safest communities.
5.0 Nearby Resident
9/3/2017 Niche Review
Fantastic and culturally interesting neighborhood. Beautiful architecture in a great location! Right by the hudson river!
Are you familiar with the Greenwich Village neighborhood? to let others know what life in this neighborhood is like.

Crime and Safety

1 - Low Crime, 10 - High Crime Greenwich Village US
Homicide 2 4
Sexual Assault 3 4
Assault with Weapon 2 4
Robbery 4 4
Burglary 4 4
Motor Vehicle Theft 2 4
Larceny 5 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Greenwich Village Demographics and Home Trends

Housing Trends

Median List Price
$1,595,000
Median Sale Price
$1,350,000
Median Single Family Sale Price
$2,595,000
Median Townhouse Sale Price
$12,500,000
Median 2 Bedroom Sale Price
$2,150,000
Median Change From 1st List Price
4%
Last 12 months Home Sales
326
Median Home Sale Price YoY Change
-8%
Average Price Per Sq Ft
$1,899

Neighborhood Facts

Number of Homes in Neighborhood
3,146
Number of Homes for Sale
178
Median Year Built
1930
Months of Supply
6.60
Average Single Family Home Size Sq Ft
2,055
Above the national average
1,925
Average Townhouse Size Sq Ft
775
Average 2 Bedroom Size Sq Ft
1,419
Average 1 Bedroom Size Sq Ft
863
Average Studio Size Sq Ft
463
Median Lot Size Sq Ft
3,267

Open Houses

  • Sunday, Sep 14
    1:30 - 2:30pm

    23 Waverly Place Unit 5U, New York, NY 10003

    $700,000

    • 1 Bath
    • 23 Waverly Place
    • Unit 5U
    • New 1 day ago

    XL STUDIO LOFT FOR SALE! Welcome home through the historical gates of 23 Waverly Place, located only one block from Washington Square Park in the heart of downtown Manhattan.Loft 5U located on the fifth floor, offering 11 foot ceilings and a western facing view. The sleeping loft has 4 ft ceilings for a cozy feel, while the kitchen provides an open concept great for hosting including a

    Jane Sosi Compass

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  • Sunday, Sep 14
    2 - 3pm

    29 E 9th St Unit 10, New York, NY 10003

    $1,795,000

    • 1 Bed
    • 1 Bath
    • 1,000 Sq Ft
    • 29 E 9th St
    • Unit 10
    • New 1 day ago

    Exceptional Prewar Greenwich Village home: A Spectacular Blend of Timeless Elegance For The Discerning Buyer Discover unparalleled design in this prewar gem. This massive corner one bedroom home boasts a sunken living room, high ceilings with beams, fireplace, hardwood floors and arched transom windows. This sun-drenched home faces both South and West for

    Jennifer Ellenberg Douglas Elliman Real Estate

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  • Sunday, Sep 14
    12 - 1pm

    24 5th Ave Unit 810, New York, NY 10011

    $450,000

    • 1 Bath
    • 24 5th Ave
    • Unit 810
    • New 1 day ago

    Residence 810 is a beautiful, spacious studio apartment awaiting you at the elegant prewar 24 Fifth Avenue in prime Greenwich Village. This lovely southwest-facing unit which is overlooking tranquil, tree lined 9th Street, boasts high beamed 9ft ceilings, windows galore, parquet floors, a renovated kitchen with dishwasher and abundant cabinet space, tile bathroom with bathtub, and

    Sabine Meile-Lefebvre Compass

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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 Renters

Demographics

Total Population
34,457
Median Age
36
Population Density
174 ppl/acre
Population under 18
19.3%
On par with the national average
23.8%
Population over 65
16.7%
On par with the national average
19.1%

Finances

Median Household Income
$138,807
Significantly above the national average
$71,702
Average Household Income
$168,780

Education and Workforce

High School Graduates
99%
College Graduates
87%
Significantly above the national average
34.1%
Advanced Degrees
46.2%
Significantly above the national average
13.3%
% Population in Labor Force
67.5%

Weather

Annual Precipitation
50''
Average Winter Low Temperature
28°F
Average Summer High Temperature
85°F
Annual Snowfall
10''

Area Factors

Biker's Paradise

Bike Score®

95 / 100

Walker's Paradise

Walk Score®

99 / 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.

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
Greenwich Village