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Tribeca

Tribeca

Neighborhood Reviews
4.5
$3,475,629 Average Value
$2,128 Average Price per Sq Ft
147 Homes For Sale

A downtown quarter known for luxury condo conversions and loft apartments

The Triangle Below Canal Street, known as Tribeca, borders Canal Street, West Street, Broadway and Chambers Street. (Although, it is really more of a trapezoid.) Nowadays, it is known for its warehouse-converted luxury condos and high-rise starchitect towers. Before that, during the Industrial Revolution circa 1850s (known then as “Washington Market”), it was an epicenter for manufacturing buildings and commodities warehouses. Nowadays, when strolling down the neighborhood’s cobblestone streets, one can still read factory names painted across the brick facades of boutique residential low-rises. This brand of “quiet luxury” necessitates an incognito exclusivity that is best exemplified by three of the earliest examples of the quintessential Tribeca converted warehouse: Cobblestone Lofts, River Lofts and Sugar Warehouse, all of which were developed in the early 2000s with limited units. A decade later, the remaining warehouses were renovated, including the former New York Life Insurance Company building (the Clock Tower Building), the former Emigrant Industrial Savings Bank Building (49 Chambers) and the Cast Iron House (the James White Building reimagined by architect Shigeru Ban). The third wind of development, circa late 2010s, brought shiny high-rise towers designed by prominent architecture firms, including 111 Murray by Kohn Pedersen Fox, 101 Warren by Skidmore, Owings & Merrill and 56 Leonard by Herzog & de Meuron. Despite the changing landscape of towering glass skyscrapers, the converted factory buildings retain the neighborhood’s historic New York feeling. Many streets, especially those running east to west, still have steel loading docks at building entrances.

“Tribeca is unapologetically cool,” says Philip Hordijk, founder at LEVEN Real Estate. As a Tribeca’s resident cool dad and broker, Hordijk explains how every neighborhood street is unexplainably archetypal of New York. “Every street feels like being somewhere, as opposed to being on, let’s say, Third Avenue and 27th Street.”

A row of loft buildings in Tribeca.
A row of loft buildings in Tribeca.
The West Side Highway runs along the neighborhood.
The West Side Highway runs along the neighborhood.
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More square footage, open floor plans and stroller parking

Tribeca is primarily made up of condos sprinkled with co-ops and townhouses. “The architecture is diverse, offering a unique mix of newly constructed towers and historical or industrial buildings converted into luxury condos,” says Raphael De Niro, real estate broker at Douglas Elliman, with a $250 million per annum in sales. The median price for a co-up is approximately $2.975 million, with units ranging from a one-bedroom in a building without a door attendant to a three-bedroom in a cast iron building built in 1870. The median condo price is roughly $4.5 million, with properties ranging from a studio in a 2000s-built doorman building to a penthouse in a new development building. The median price for a townhouse is about $18.7 million, with spaces ranging from a 20,000-square-foot twelve-bedroom to a property with the same number of bedrooms with one-third the square footage. “Tribeca tends to have larger square footage and more open floorplans than the rest of the city – this is appreciated by buyers looking for space to grow into as their families expand,” says De Niro.

A stunning loft apartment building in Tribeca.
A stunning loft apartment building in Tribeca.
A luxury building in Tribeca.
A luxury building in Tribeca.
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Landmark local spots, including The Odeon

Tribeca’s streets — lined with bespoke bars, mom-and-pop shops and iconic neighborhood restaurants — move at a slower pace than busier parts of downtown. Families can leave strollers in the designated “stroller parking” area before dining at comfort food eatery Bubby's. The monumental Michelan-awarded French bistro, The Odeon, has become a part of the fabric of Tribeca, serving residents for over five decades. Midnight pasta and perfectly filthy martinis are served in green velvet banquettes with wood-paneled walls at Primo’s art deco-themed lounge. At former carriage-house-cum-bar Smith & Mills, cocktails and conversations go hand-in-hand with oysters and a cheese plate. Denizens frequent favorite independent businesses like funky party supply purveyor Ballon Saloon, the still in-demand Fountain Pen Hospital and The Mysterious Book Shop, with its floor-to-ceiling stacks of crime and suspense titles. Locals can pop into Whole Foods Market or Gourmet Garage for groceries.

Bubby's is a popular option in Tribeca for American homestyle eats and brunch.
Bubby's is a popular option in Tribeca for American homestyle eats and brunch.
The Odeon, has become a part of the fabric of Tribeca, serving residents for over five decades.
The Odeon, has become a part of the fabric of Tribeca, serving residents for over five decades.
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The annual Tribeca Festival

Every spring, Tribeca hosts the annual festival, which primarily showcases film and TV and, more recently, talks, audio storytelling, music, games and immersive experiences. The festival hosts over 600 screenings and awards independent artists in 23 juried categories. Tribeca Festival Tribeca was founded by Robert De Niro, Jane Rosenthal and Craig Hatkoff in 2002 to revitalize Lower Manhattan following the September 11 attacks on the World Trade Center.

Grade A private and public schools, including NEST+m

While Tribeca is home to numerous pre-K through high school private institutions like The Chaplin School and Lycée Français de New York, families can find great public school options nearby. In Alphabet City, New Explorations into Science, Technology & Math is a highly acclaimed pre-K through high school with an A rating on Niche (and Niche’s number one rated public school in all of New York).

The Chapin School is dedicated to the intellectual growth of young students.
The Chapin School is dedicated to the intellectual growth of young students.
Lycée Français de New York is a cornerstone of global education.
Lycée Français de New York is a cornerstone of global education.
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A short walk to Hudson River Park

Hudson River Park, just steps from Tribeca, is a waterfront green space along the Hudson River, extending 4.5 miles from 59th Street south to Battery Park. The portion closest to Tribeca comprises Pier 25’s playground and volleyball courts, Tribeca Skate Park, Tribeca Dog Run and Basketball Court at Harrison Street.

Locals exercise with amazing river views.
Locals exercise with amazing river views.
Rockefeller Park Near Tribeca.
Rockefeller Park Near Tribeca.
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Multiple express and local subway lines at Fulton Street Station

Fulton Street Station integrates nine subway lines — the 2, 3, 4, 5, A, C, J, R and Z — allowing customers to transfer to connections quickly through well-lit mezzanines with visible sightlines.

Fulton Street Station allows customers to easily transfer through well-lit mezzanines.
Fulton Street Station allows customers to easily transfer through well-lit mezzanines.
Fulton Street Station integrates 9 subway lines.
Fulton Street Station integrates 9 subway lines.
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Gabrielle Golenda
Written By
Gabrielle Golenda
Leon Cato
Photography Contributed By
Leon Cato
Michael Carey
Video By
Michael Carey

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

Interested in learning more about homes in this area? Reach out to Sarah Thompson, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Laguardia

23 min drive

Subway

Canal Street (A,C,E Line)

Subway

Chambers Street (A,C Line)

Subway

Canal Street (1,2 Line)

Subway

Franklin Street

Subway

Park Place (2,3 Line)

Subway

World Trade Center

Subway

Chambers Street (1,2,3 Line)

Bus

Church St & Chambers St

Bus

Broadway & Worth St

Bus

Church St & Thomas St

Bus

Av Of The Americas & W Broadway

Bus

Murray St & Greenwich St

Bus

Church St & Park Pl

Bus

Broadway & Murray St

Reviews

Niche Reviews
4.5 13 Reviews
5.0 Works here
4/9/2021 Niche Review
I went to school here. The neighborhood is really nice. A lot of parks and water. Nearby restaurants, delis and stores are often filled with students.
5.0 Current Resident
12/11/2018 Niche Review
A beautiful, historic, quiet neighborhood to raise a family. Also home to the highest density of celebrities in New York. Some of the best restaurants, bars and boutiques in Manhattan, along with the top public schools.
5.0 Niche User
7/12/2017 Niche Review
Access to the Hudson, beautiful views. Access to, walking distance to many favorite stores. Proximity to several landmarks. Presence of diverse citizens on a daily basis. Convenient access to trains and buses.
1.0 Unknown
12/12/2024 Niche Review
they have very expensive things that since im a student in school and the food there is like $2 more than where i live. so i think the things there are unreasonably more expensive and the people living there are like super rich so when i go there i feel like i don't fit in since everybody around me is so rich with lavishing lives, so it really creates a boundary for the people who are not the wealthiest. so, i think that is was that really got me upset. also most of the people living there are like all white. im not saying that all the people are white but majority there are still different races living there. there is a whole foods there so when Asians go in and i have experienced this but also witnessed other people being treated differently. like the other shoppers would stare me and the other people because they seem like we would steal something from the store. the only place that is nice to all races is the deli behind I.S. 289. which by the way is not a good school
Are you familiar with the Tribeca neighborhood? to let others know what life in this neighborhood is like.

Crime and Safety

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

Source: WhatIsMyCrimeRisk.com

Tribeca Demographics and Home Trends

Housing Trends

Median List Price
$3,970,000
Median Sale Price
$3,612,500
Median Single Family Sale Price
$4,000,000
Median Townhouse Sale Price
$4,419,625
Median 2 Bedroom Sale Price
$3,110,000
Median Change From 1st List Price
5%
Last 12 months Home Sales
288
Median Home Sale Price YoY Change
10%
Average Price Per Sq Ft
$2,128

Neighborhood Facts

Number of Homes in Neighborhood
3,382
Number of Homes for Sale
147
Median Year Built
1929
Months of Supply
6.10
Average Single Family Home Size Sq Ft
2,482
Above the national average
1,924
Average Townhouse Size Sq Ft
4,000
Average 2 Bedroom Size Sq Ft
1,737
Average 1 Bedroom Size Sq Ft
983
Average Studio Size Sq Ft
665
Median Lot Size Sq Ft
25,482

Open Houses

  • Tuesday, Sep 2
    8:30 - 8:45pm

    101 Leonard St Unit 9D, New York, NY 10013

    $2,495,000

    • 2 Beds
    • 2 Baths
    • 1,510 Sq Ft
    • 101 Leonard St
    • Unit 9D

    In the heart of Tribeca-where cobblestone streets meet cutting-edge culture-lies a residence that reads like the opening line of your next great chapter. This mint-condition two-bedroom, two-bath home is more than just a place to live; it's a place to live well. With soaring ceilings and sun-drenched southern exposure, the space feels expansive and alive, like a downtown dream fully realized.

    Josh Rubin Douglas Elliman Real Estate

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  • Sunday, Sep 7
    12:30 - 1:30pm

    101 Warren St Unit 11L, New York, NY 10007

    $3,995,000

    • 3 Beds
    • 3 Baths
    • 2,332 Sq Ft
    • 101 Warren St
    • Unit 11L

    **3 BEDROOM DUPLEX CONDO IN PRIME TRIBECA**Indulge in contemporary luxury in this sprawling three-bedroom plus home office three-bathroom designer duplex featuring private outdoor space and exceptional custom-built storage at Tribeca's unrivaled 101 Warren condominium.Inside this extraordinary 2,322-square-foot residence, ceilings soar up to 11.5 feet high over wide-plank hardwood

    Grace Steel Compass

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  • Tuesday, Sep 2
    8:30 - 8:45pm

    56 Leonard St Unit 29AE, New York, NY 10013

    $7,500,000

    • 3 Beds
    • 3.5 Baths
    • 2,175 Sq Ft
    • 56 Leonard St
    • Unit 29AE

    Step into a world of light, space, and luxury in this expansive three-bedroom residence, perched high above Tribeca with panoramic skyline and river views. Framed by floor-to-ceiling windows, the soaring high ceilings amplify the natural light, creating a home that feels both grand and intimate. Two generous terraces extend your living space into the sky-perfect for morning coffee as

    Josh Rubin Douglas Elliman Real Estate

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Condo Buildings

Interested in learning more about homes in this area? Reach out to Sarah Thompson, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
24,273
Median Age
38
Population Density
126 ppl/acre
Population under 18
24.6%
On par with the national average
23.8%
Population over 65
12.7%
Below the national average
19.1%

Finances

Median Household Income
$212,333
Significantly above the national average
$71,702
Average Household Income
$209,179

Education and Workforce

High School Graduates
97.2%
College Graduates
86.7%
Significantly above the national average
34.1%
Advanced Degrees
36.7%
Above the national average
13.3%
% Population in Labor Force
74.5%

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®

93 / 100

Walker's Paradise

Walk Score®

100 / 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
Tribeca