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Condos for Sale in Lower East Side, New York

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  • Market Summary
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  • Schools
  • Neighbourhood
  • Demographics

About Lower East Side

Lower East Side, a vibrant and eclectic neighborhood in New York City, is known for its rich cultural history and youthful energy. The area boasts an array of trendy cafes, art galleries, and boutique shops, along with the historic Essex Market, which is a food lover’s paradise. Residents enjoy a dynamic nightlife scene, with countless bars and music venues. Convenient transportation options abound, including several subway lines that provide quick access to the rest of Manhattan and beyond, making it a prime location for both locals and visitors.

Lower East Side Market Summary

The condo mix runs from luxury high-rises to restored mid-rises, many with bay or ocean views, concierge, pools, and fitness centers.

Average Condo Sizes

1 Bedroom avg size67743.27 sqft
2 Bedroom avg size48020.67 sqft
3 Bedroom avg size206696 sqft

Pricing and Liquidity

No price and liquidity data available.

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Schools

P.S. 42 Benjamin Altman School

A+
Public|Grades PK5
71 Hester St

High School for Dual Language and Asian Studies

A+
Public|Grades 912
350 Grand St

Essex Street Academy

A
Public|Grades 912
350 Grand St

New Explorations Into Science,Tech and Math High School

A-
Public|Grades KG12
111 Columbia St

PS 110 Florence Nightingale

A-
Public|Grades PK5
285 Delancey St

Bard High School Early College

B+
Public|Grades 912
525 E Houston St

The Neighbourhood: Lower East Side

Lower East Side is a historic and lively Manhattan neighborhood. The area mixes old brownstones with new shops and galleries. It has music venues, small parks, and a strong food scene with many restaurants. People find cafes, bakeries, and specialty markets. The district includes schools, libraries, and medical clinics. Subways, buses, and bike lanes give good transit options. Taxis and ferries provide more travel choices. The area sits near bridges and Manhattan hubs. Commuters reach midtown and other boroughs by public transit in a short ride.

Demographics

Average Resident age41 years old
Average household Income$74,617 /year
Average HouseHold Composition2 People
button icon What to know about Lower East Side demographics:
  • Approximately 34.08% of the population holds a bachelor's degree, indicating a well-educated community.
  • The average age in the Lower East Side is 41 years, appealing to various age groups, particularly professionals and young families.
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Frequently Asked Questions about Lower East Side

What is it like to live in Lower East Side, New York, NY?

Living in the Lower East Side offers a blend of historic charm and modern vibrancy, marked by its diverse culture and artistic scene. The area features a mix of restaurants, boutiques, and galleries, making it a lively neighborhood for both residents and visitors.

Is Lower East Side, New York, NY expensive?

The Lower East Side has become one of the more expensive neighborhoods in Manhattan, with rising rents and property prices due to its popularity and development. The average rent for a one-bedroom apartment is significantly above the city average, reflecting the area's vibrant culture and amenities.

What is the weather of Lower East Side, New York, NY?

The Lower East Side experiences a humid subtropical climate, characterized by hot summers and cold winters. Average summer temperatures can reach the mid-80s °F (around 29 °C), while winter temperatures often drop to the mid-30s °F (around 1 °C). Precipitation is common throughout the year, with snow occurring occasionally in winter.

How safe is Lower East Side, New York, NY?

The Lower East Side has seen significant gentrification, which has contributed to a decrease in crime rates in recent years. However, it still experiences some incidents typical of urban environments, including petty crime. Overall, it is considered relatively safe compared to past decades, but residents are advised to remain vigilant.