Median prices are a very good way of gauging the cost of a neighborhood. Unlike averages, which can be swayed both by super-expensive or super-cheap properties, medians give a realistic sense of prices. That's why, for this edition of Price Check, we've decided to show you what you can expect for (or around) the median price in all five boroughs.
First, the numbers: The median in Manhattan is $1.074 million (according to Douglas Elliman), in Brooklyn it's $735,000 (also per Douglas Elliman), and in Queens, $499,000 (Douglas Elliman). In the Bronx, the median is $382,950 (according to Trulia) and in Staten Island $474,900 (from the Staten Island Board of Realtors).
Here's what you'll find on the hunt:HUDSON HEIGHTS, MANHATTAN: A two-bedroom, one-bath co-op with river views from every room, a renovated kitchen, and a dining room (that could be transformed into a third bedroom) in an Art Deco elevator building. $1.075 million, plus $2,100/month maintenance. WINDSOR TERRACE, BROOKLYN: A two-bedroom, one-bath co-op with an entry foyer, decorative archways, and a queen-sized second bedroom. $740,000, plus $736/month maintenance.
GREENPOINT, BROOKLYN: One-bedroom, one-and-a-half-bath condo with floor-to-ceiling windows and natural oak hardwood floors in a brand-new, small-scale building. $740,000, plus $259/month common charges, $554/month taxes.
ASTORIA, QUEENS: One-bedroom, one-and-a-half-bath condo with a large private balcony and two storage units in a four-story building. $499,000, plus $392/month maintenance, $84/month taxes.
FOREST HILLS, QUEENS: Two-bedroom, one-bath co-op with windows in every room and space to carve out a third bedroom in a building with a 24-hour gym and grassy courtyard. $499,000, plus $1,187/month maintenance.
CONCOURSE, BRONX: One-bedroom, one-bath condo with a convertible second bedroom, a separate foyer, and exposed brick in an Art Deco doorman building. $379,000, plus $705/month maintenance.
RIVERDALE, BRONX: Two-bedroom, one-bath co-op with a newly renovated bathroom, updated kitchen, and large terrace in a doorman building with central air-conditioning. $389,000, plus $801.40/month maintenance.
SHORE ACRES, STATEN ISLAND: A three-bedroom, one-and-a-half-bath condo with an eat-in kitchen, formal living room and dining room, and a deck overlooking the yard. $479,900, plus $324/month common charges, $187/month taxes.
GREAT KILLS, STATEN ISLAND: A three-bedroom, one-bath, semi-attached single-family with a formal dining room and a yard. $469,900, plus $400/month taxes.
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