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Explore Battery Park City Neighborhood in New York City

Real Estate New Developments

General Information

Battery Park City is a planned community located at the southern tip of Manhattan, adjacent to the Financial District and overlooking the Hudson River. Known for its stunning waterfront views, spacious parks, and modern residential buildings, Battery Park City offers a unique and peaceful living experience within one of the busiest urban centers in the world. The neighborhood is highly regarded for its green spaces, including Battery Park, which provides a scenic and tranquil environment for residents and visitors. With its pedestrian-friendly streets, bike paths, and proximity to the iconic World Trade Center, Battery Park City is an ideal location for those seeking a quieter lifestyle while still being connected to Manhattan’s vibrant energy. It is a family-friendly area, with plenty of schools, parks, and cultural institutions that make it an attractive choice for young professionals, families, and retirees alike.

Real Estate Information

The real estate market in Battery Park City is characterized by luxury condominiums, high-rise apartment buildings, and some of the most desirable waterfront properties in New York City. Many buildings offer stunning views of the Hudson River, the Statue of Liberty, and Ellis Island. Battery Park City is known for its upscale housing, including modern amenities such as doorman service, fitness centers, and outdoor spaces. The neighborhood was developed in the 1980s as part of a large-scale waterfront reclamation project, and it has continued to attract high-income residents due to its prime location and amenities. While the area offers a range of housing types, including rentals and co-ops, it remains one of the more expensive neighborhoods in Manhattan. Property values in Battery Park City have seen steady growth, with demand remaining strong due to the area's serene atmosphere, access to parks, and proximity to major financial hubs.

Historical/Interesting Facts

Battery Park City is a relatively modern neighborhood, with its development beginning in the 1980s as part of an ambitious urban renewal project aimed at transforming the southern tip of Manhattan into a mixed-use residential and commercial area. The neighborhood was built on landfill created from dredging operations in the Hudson River, which explains its unique setting on reclaimed land. The area was named after the nearby Battery Park, which is rich in history as a site for military installations dating back to the 17th century. Battery Park City was designed with the goal of creating a green, environmentally sustainable community that integrated nature with urban living, and its development was a response to the growing demand for more residential space in Manhattan. Today, Battery Park City remains one of the most successful examples of urban waterfront development, blending modern residential life with historical significance and environmental consciousness. The area has become a symbol of New York’s ability to reinvent and revitalize its urban landscapes.

Properties Statistics

Total Properties

70

Median Asking

$1,869,081.19

Sale Price/ft²

$1,313.79

Average Home Size

1136 ft²

Average Home Age

29 years

Based on results from 70 properties

Buildings in this Sector

FAQ about Battery Park City