
Lower East Side
The Lower East Side is an emerging downtown luxury corridor, where post-2010 boutique condominiums, Essex Crossing, and tenement-to-condo conversions sit within one of Manhattan's most historically layered neighborhoods.
What Lower East Side is selling for
Movement of the annual median — not adjusted for transaction mix. Which apartments happened to trade (size, floor, condition, line) moves these as much as value does; the sample behind each is shown beneath it.
Two markets, one neighborhood. Since 2016, Lower East Side condos are down 7% and co-ops down 13% on paper — but after inflation, −31% and −34.9% in real terms.
Movement of the annual median — not adjusted for transaction mix. Which apartments happened to trade (size, floor, condition, line) moves these as much as value does; the sample behind each is shown beneath it.
Method & coverage
Method. Condos are measured per square foot, co-ops per room (room counts from listing data; sales without a usable room count are excluded). The percentages are movement of the annual median — not a constant-quality or repeat-sale index — so transaction mix moves them as well as value. Real-terms figures deflate that same median by CPI.
Coverage. 2,092 recorded sales. Before the figures above, 17 non-arms-length transfers (nominal estate, gift, or intra-family deeds and mis-recorded bulk filings) and 4 duplicate records of the same deed (a combined apartment or penthouse recorded under more than one unit label) were removed. Corridors may overlap — a sale can appear in both a neighborhood set and a narrower avenue set. Recorded transfers via NYC Department of Finance, enriched by The Roebling Research Library.
Buildings on Lower East Side





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