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Lower East Side

Lower East Side

Urban Core Neighborhood in Manhattan, New York

New York County 10002
$1,365,755 Average Value
$1,348 Average Price per Sq Ft
122 Homes For Sale

A thriving nightlife scene defines this east side neighborhood

The Lower East Side, also known as LES, is a bustling Lower Manhattan neighborhood steeped in immigrant history. The area has long been popular with creatives, lending to its laid-back and irreverent vibe. Today, a thriving nightlife scene running from Stanton Street to Dimes Square incorporates an ever-changing selection of eclectic eateries and alternative bars. Homes vary from postwar complexes and prewar tenement-style co-ops to modern condo towers. “First-time homebuyers or those looking to expand a bit can get more bang for their buck down here as the price per square foot is less expensive than in the nearby East Village,” says Neal Young, a longtime LES resident and agent with Brown Harris Stevens.

The punk scene is very much alive and well in the East Village.
The punk scene is very much alive and well in the East Village.
Hotel Chantelle is an iconic NYC venue in the Lower East Side with fine dining options.
Hotel Chantelle is an iconic NYC venue in the Lower East Side with fine dining options.
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Hip and historic haunts

With trendy spots like Le Dive, Forgtmenot and Kiki’s, the Dimes Square micro-neighborhood on the southern edge of LES and close to Chinatown has become one of the city’s hottest hangouts. Nearby Scarr’s is a pizza institution.

On Houston Street, Jewish delicatessens Katz’s and Russ & Daughters uphold tradition. Stretching south to Delancey Street, Stanton and Clinton streets are packed with bars and restaurants including Pianos, a popular bar hosting live Indie music sets. Welcome to the Johnson's is a favorite neighborhood dive, where PBR beer is served in a setting that recalls the area’s gritty past. Around the corner, Beauty & Essex is an old-school pawn shop moonlighting as a New American bistro.

The recently opened Essex Market and Crossing development incorporates a European-style food hall with artisanal vendors but also a Target and Trader Joe’s grocery store. LES has also become a haven for cutting-edge art galleries showcasing up-and-coming talents.

There are multiple supermarkets available to East Village residents, including two Trader Joe's.
There are multiple supermarkets available to East Village residents, including two Trader Joe's.
Katz's Delicatessen calls Lower East Side home as many from around the world come to dine here.
Katz's Delicatessen calls Lower East Side home as many from around the world come to dine here.
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Sleek condos join original tenement buildings

LES has a mix of housing and a prevalence of rental tenement buildings. New construction condo towers can be found dotted around, with two bedrooms fetching between $900,000 and $3.5 million, depending on square footage and views. Similar, renovated units in updated Greek Revival co-op buildings hover around $1 million.

The section of LES between Essex Street and the East River is often called Co-op Village: postwar developments like Masaryk Towers and Grand St. Settlement with units going for $550,000 to $1.1 million. “People choose these complexes for space, value, and up-to-date amenities like gated parks, playgrounds, and gyms,” says Young.

208 Delancey Street, as designed by Oda is a crucial building in the heart of Lower East Side.
208 Delancey Street, as designed by Oda is a crucial building in the heart of Lower East Side.
The Lower East Side has many New contemporary designed buildings, including 100 Norfolk St.
The Lower East Side has many New contemporary designed buildings, including 100 Norfolk St.
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A new flood-resistant riverfront park and heritage sites

Currently under renovation, the East River Park has been raised 8 feet to protect against flooding. When completed in late 2024, the green space will include state-of-the-art sports fields, a running track and a promenade connecting into Manhattan’s waterfront greenway system. Seward Park has a landmarked playground, soccer field and a well-utilized ping-pong table. The Abrons Arts Center is a community-oriented performance venue with classes for children. While the Museum at Eldridge Street–an ornate synagogue still in operation–celebrates LES’s Jewish heritage, the Tenement Museum commemorates the area’s rich immigrant history.

Visit the East River Park, which has been raised 5 feet to protect against flooding.
Visit the East River Park, which has been raised 5 feet to protect against flooding.
Tenement Museum in Lower East Side is an 1863 preserved tenement building with rich history.
Tenement Museum in Lower East Side is an 1863 preserved tenement building with rich history.
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Top-rated schools including New Design High that emphasizes the arts

Young Lower East Siders can begin their education at P.S. 42 Benjamin Altman elementary, one of the best schools for math and reading in the city, and with an A-minus score from Niche. For Grades 6 through 8, the B-minus-rated School for Global Leaders has a rigorous International Baccalaureate program. New Design High School champions the arts and has a B-plus.

PS 42 Benjamin Altman - Shaping the future of Lower East Side.
PS 42 Benjamin Altman - Shaping the future of Lower East Side.
New Explorations Into Science, Tech and Math High School, Lower East Side.
New Explorations Into Science, Tech and Math High School, Lower East Side.
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Delancey Street subway hub, bridges and ferry service

The Delancey-Essex Street subway station is served by the F, J, M, and Z lines, linking different parts of Brooklyn with Manhattan. The Williamsburg and Manhattan bridges do the same for cars, bikes and pedestrians. Running between LES and the East River, the Franklin D. Roosevelt Drive highway can be accessed at multiple points. Ferries at Corlears Hook, located in East River Park and at the end of Jackson Street offer direct connections to DUMBO, Wall Street and Rockaway Beach during the summer.

The J, Z, F, and M Trains serve the Lower East Side community to other parts of Manhattan.
The J, Z, F, and M Trains serve the Lower East Side community to other parts of Manhattan.
The Williamsburg Bridge connects Brooklyn and Lower East Side with its walking & cycling paths.
The Williamsburg Bridge connects Brooklyn and Lower East Side with its walking & cycling paths.
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Adrian Madlener
Written By
Adrian Madlener
Daniel Byrne
Photography Contributed By
Daniel Byrne
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

19 min drive

Subway

Delancey Street

Subway

Essex Street

Subway

East Broadway

Bus

Madison St & Grand St

Bus

Grand St & Fdr Dr

Bus

E Houston St & Columbia St

Bus

Fdr Dr S & Fdr Dr S

Bus

Grand St & Pitt St

Bus

Essex St & Grand St

Bus

E Houston St & Norfolk St

Reviews

Are you familiar with the Lower East Side neighborhood? to let others know what life in this neighborhood is like.

Crime and Safety

1 - Low Crime, 10 - High Crime Lower East Side US
Homicide 3 4
Sexual Assault 5 4
Assault with Weapon 4 4
Robbery 6 4
Burglary 3 4
Motor Vehicle Theft 1 4
Larceny 4 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Lower East Side Demographics and Home Trends

Housing Trends

Median List Price
$1,049,500
Median Sale Price
$800,000
Median Single Family Sale Price
$600,000
Median Townhouse Sale Price
$1,340,000
Median 2 Bedroom Sale Price
$1,295,000
Median Change From 1st List Price
3%
Last 12 months Home Sales
125
Median Home Sale Price YoY Change
-4%
Average Price Per Sq Ft
$1,348

Neighborhood Facts

Number of Homes
1,142
Number of Homes for Sale
122
Median Year Built
1960
Months of Supply
11.70
Average Single Family Home Size Sq Ft
1,024
Significantly below the national average
1,929
Average Townhouse Size Sq Ft
1,200
Average 2 Bedroom Size Sq Ft
1,168
Average 1 Bedroom Size Sq Ft
761
Average Studio Size Sq Ft
536
Median Lot Size Sq Ft
15,245

Open Houses

  • Sunday, Nov 2
    10:30am - 3:30pm

    266 E Broadway Unit B1905, New York, NY 10002

    $699,000

    • 1 Bed
    • 1 Bath
    • 725 Sq Ft
    • 266 E Broadway
    • Unit B1905
    • New 12 days ago

    **All appointments - including Sunday Open Houses - are by appointment only. If you are working with another agent, that agent needs to reach out to make the appointment and is required to be present** **High-Floor 1-Bedroom with Northern Views from Every Room!** This spacious and flexible 1-Bedroom (Jr. 2) home in the highly desirable Seward Park Co-op offers an abundance of natural light and

    Agent Photo
    Jacob Goldman
    LoHo Realty Inc
    (888) 347-5744
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  • Sunday, Nov 2
    1:30 - 2:30pm

    383 Grand St Unit M505, New York, NY 10002

    $959,000

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • 383 Grand St
    • Unit M505
    • New 19 hours ago

    **Peaceful, tree-lined views of Seward Park’s beautifully landscaped private grounds await you in this generously proportioned two-bedroom home.** This is Seward Park’s largest and most desirable two-bedroom floor plan at almost 1,100 sq. ft. An oversized entry foyer offers versatile space perfect for a dining area or home office and flows seamlessly into an expansive living room—ideal for both

    Agent Photo
    Jacob Goldman
    LoHo Realty Inc
    (844) 821-1591
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  • Friday, Oct 31
    2 - 2:30pm

    504 Grand St Unit E57, New York, NY 10002

    $1,870,000

    • 5 Beds
    • 2 Baths
    • 1,900 Sq Ft
    • 504 Grand St
    • Unit E57
    • New 6 days ago

    **Breakthrough Opportunity – Over 1,900 Sq. Ft. of Untapped Potential!** Bring your architect and contractor to explore the endless possibilities of combining these two exceptional residences: a beautifully renovated 3-bedroom and a spacious 1-bedroom in original condition. Together, they offer over 1,900 square feet of blank canvas ready for your vision. Design the home of your dreams—create an

    Agent Photo
    Jacob Goldman
    LoHo Realty Inc
    (888) 396-0548
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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
37,557
Median Age
42
Population Density
117 ppl/acre
Population under 18
17.7%
Below the national average
23.8%
Population over 65
22.1%
On par with the national average
19.1%

Finances

Median Household Income
$47,611
Significantly below the national average
$71,702
Average Household Income
$83,499

Education and Workforce

High School Graduates
79%
Below the national average
89.1%
College Graduates
45.3%
Above the national average
34.1%
Advanced Degrees
16.2%
% Population in Labor Force
57.3%

Weather

Annual Precipitation
50''
Average Winter Low Temperature
28°F
Average Summer High Temperature
85°F
Annual Snowfall
2''

Area Factors

Biker's Paradise

Bike Score®

96 / 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.

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
Lower East Side