One Manhattan Square<\/a> and its luxury siblings, which have redefined the neighborhood despite local pushback and fears of overdevelopment.<\/p>\nBut Manhattan didn\u2019t monopolize the boom. Across the East River, formerly flood-ravaged areas like Red Hook and Breezy Point saw massive gains, thanks in part to climate resiliency investments (and what some experts dub \u201cclimate gentrification\u201d). Breezy Point\u2019s median sale price rose 192-percent to $725,000, while Red Hook\u2019s more than doubled to a jaw-dropping $1.975 million. Yes, the neighborhood once infamous for Hurricane Sandy\u2019s wrath is now one of the priciest on the list.<\/p>\n
Queens also made waves with Hamilton Beach (up 172-percent to $462,000) and Long Island City (up 132-percent to $667,000), the latter of which has turned into a glass-and-steel playground for professionals who prefer skyline views and quick commutes to Midtown.<\/p>\n
Meanwhile, Brooklyn\u2019s Gowanus, once home to more toxic sludge than townhouses, has become a poster child for gentrification and rezoning. Property taxes there jumped from $800 in 2014 to over $6,500 in 2024 and median sale prices more than doubled.<\/p>\n
The trend isn\u2019t just about luxe towers and Whole Foods openings. Staten Island\u2019s Clifton and Midland Beach, the Bronx\u2019s Parkchester and the Queens neighborhoods of Hollis and Rochdale also made the list, showing signs of so-called “pre-gentrification” as new transit, remote work and rezoning breathe new life (and price tags) into historically overlooked areas.<\/p>\n
In short: If you bought in one of these neighborhoods a decade ago, congratulations\u2014you\u2019re sitting on gold-plated real estate. For the rest of us? Better start saving\u2014or looking farther out on the subway map.<\/p>\n","protected":false},"excerpt":{"rendered":"Think your rent\u2019s gone up? Try buying a home in one of these 24 New York City neighborhoods,…\n","protected":false},"author":3,"featured_media":46873,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5122],"tags":[5229,15292,405,403,15293,5226,5225,5228,5227,4329,67,586,132,5230,68,2969],"class_list":{"0":"post-46872","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-america","9":"tag-categories-real-estate","10":"tag-new-york","11":"tag-new-york-city","12":"tag-news-real-estate","13":"tag-newyork","14":"tag-newyorkcity","15":"tag-ny","16":"tag-nyc","17":"tag-real-estate","18":"tag-united-states","19":"tag-united-states-of-america","20":"tag-unitedstates","21":"tag-unitedstatesofamerica","22":"tag-us","23":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114813874072793669","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/46872","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=46872"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/46872\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/46873"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=46872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=46872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=46872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}