Comparison data is vs. same period prior year. Bar chart data represents either Full Year Median or point-in-time Median Data for the current year.
The Lower East Side possesses a balanced blend of both long-time residents and newcomers. Thanks to its explosive culinary scene, top-tier cultural attractions, hip cafes, high-end shopping, and amazing nightlife, the Lower East side also draws visitors from all over NYC and beyond. This neighborhood is truly loved by New Yorkers and its ideal location allows for easy commuting and walkable access to other iconic NYC locales.
The personality of the Lower East Side is both glamorous and down-to-earth. The aesthetic of the area is reminiscent of an earlier time with historic architecture and classic New York scenery melding to create alluring cityscapes. The selection of restored, walk-up apartments mesh perfectly with the antique charm of the neighborhood while modern condominium and apartment buildings showcase the area’s modern developments. The Lower East Side provides a wide range of dining options, including comfortable cafes, delis, pizzerias, diners, and brunch spots, as well as a selection of fine-dining restaurants and late-night spots. The Lower East Side also features great shopping with an assortment of boutiques and specialty shops. Area parks serve as communal social centers with plentiful green spaces, well-maintained facilities, and quality athletic courts and fields. This progressive neighborhood is calm and wholesome during the daylight hours and then turns into one of NYC’s premier nightlife destinations in the evening with its endless bars, lounges, and clubs to explore. The Lower East Side is a vibrant, multifaceted area that provides high-class living and unending adventure.
There are many Lower East Side apartments to choose from in this up-and-coming investment area. Typical Lower East Side apartment rentals range between roughly $1,800 - $10,000/month, while sales of Lower East Side apartments start under $500k. At any given time there’s also a few notable Lower East Side luxury apartments on the market for between $10-25 Million or more.
The Lower East side community prides itself on their commitment to education. The area is home to dozens of quality institutions, offering high-grade K through 12 options and even a number of adult education resources and early childhood academies. The Lower East Side overlaps with New York City Geographic Districts 1 and 2. These districts have strong reputations for progressive approaches to education as well as community and family engagement practices. Many schools offer specialized programs that are aligned with the individualized needs of students. In addition to the superb public schools in the Lower East Side, the neighborhood also provides access to many private and charter schools. Students are privileged with a multitude of educational avenues within and near to the Lower East Side.