Why Live in East Village
The East Village in New York City is an eclectic neighborhood with a mix of prewar co-ops, renovated duplexes, historic townhomes, industrial lofts, and mid-to-high-rise condos. The area has transformed with luxury condos and world-class restaurants, influenced by nearby NYU. Dining options include Ukrainian cuisine at Veselka, Indian spots on 6th Street, Moroccan dishes at Cafe Mogador, and Asian fusion along St. Mark’s Place. The nightlife is vibrant, featuring bars like International Bar and high-end cocktail spots like Amor y Amargo, along with speakeasy-style lounges and live music venues.
Housing includes renovated prewar co-ops and luxury condos, with one to three-bedroom condos ranging from $1.3 million to $3 million. Co-ops start at $400,000 for studios and can exceed $1 million for renovated apartments. The neighborhood offers vintage shops, trendy boutiques, and specialty stores, with local favorites like Strand bookstore and Le Fournil bakery. Grocery options include Trader Joe’s, H Mart, and Wegmans.
Cultural attractions feature the Village East by Angelika, AMC theaters, and the Anthology Film Archives. Weekend farmer’s markets are held in Union Square Park and Tompkins Square Park. The neighborhood is well-connected with multiple subway lines, including the F, L, and 6 trains, and easy access to FDR Drive. Schools in the area are highly rated, with PS 110 Florence Nightingale and East Side Community School receiving high marks, along with private options like Grace Church School and Cooper Union. The crime rate in the East Village is lower than the national average, making it a safer area compared to other parts of the country.
Home Trends in East Village, NY
On average, homes in East Village, Manhattan sell after 11 days on the market compared to the national average of 70 days. The median sale price for homes in East Village, Manhattan over the last 12 months is $2,112,000.
Median Sale Price
$2,112,000
Median Single Family Sale Price
$823,955
Median 2 Bedroom Sale Price
$331,000
Average Price Per Sq Ft
$393
Number of Homes for Sale
0
Last 12 months Home Sales
90
Median List Price
$2,100,000
Median Change From 1st List Price
-1%