Why Live in Financial District
The Financial District in New York City, commonly known as FiDi, is a dynamic neighborhood blending historic architecture with modern luxury. The area features a mix of landmark buildings converted into high-end condos and new luxury high rises, such as 15 Broad Street and 130 William. Homebuyers in FiDi often prioritize spacious living, with unique floorplans and high-end amenities like squash courts and screening rooms. The neighborhood offers ample green spaces, including the 11-mile Hudson River Greenway and the revitalized East River Park. Smaller parks like Zuccotti Park and Imagination Playground add to the area's charm. FiDi is home to a variety of attractions, from trendy eateries and historic spots like Delmonico’s to entertainment venues like the Alamo Drafthouse and the Tin Building at South Street Seaport. The area is well-connected, with almost every subway line converging here, and transportation hubs like the Oculus and Fulton Center providing extensive access. Highly rated schools in the neighborhood include PS 234 Independence School, PS 397 Spruce Street School, and Millennium High School. The neighborhood has addressed flood concerns following Superstorm Sandy, enhancing its resilience. With a mix of residential and office spaces, FiDi remains a vibrant community both during and after business hours.
Home Trends in Financial District, NY
On average, homes in Financial District, Manhattan sell after 163 days on the market compared to the national average of 52 days. The median sale price for homes in Financial District, Manhattan over the last 12 months is $1,340,000, up 37% from the median home sale price over the previous 12 months.
Median Sale Price
$1,340,000
Median Single Family Sale Price
$740,000
Median Townhouse Sale Price
$1,000,000
Median 2 Bedroom Sale Price
$1,699,500
Median 1 Bedroom Sale Price
$970,000
Average Price Per Sq Ft
$1,415
Number of Homes for Sale
316
Last 12 months Home Sales
370
Median List Price
$1,350,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
37%