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Explore Lenox Hill roosevelt Island Neighborhood in New York City

Real Estate New Developments

General Information

Lenox Hill and Roosevelt Island are two distinct yet equally captivating neighborhoods in New York City, offering a unique combination of urban living with tranquil surroundings. Lenox Hill, located on the Upper East Side of Manhattan, is known for its upscale residential buildings, proximity to Central Park, and a rich array of cultural amenities. The neighborhood boasts historic brownstones, modern luxury condos, and a variety of high-end restaurants, making it a prime location for both families and professionals seeking a refined urban lifestyle. Roosevelt Island, located in the East River between Manhattan and Queens, offers a quiet, community-oriented atmosphere with stunning views of the Manhattan skyline. Known for its green spaces, low-rise buildings, and strong sense of community, Roosevelt Island provides a more suburban feel while remaining only a short subway ride away from Manhattan’s bustling core. Both neighborhoods offer excellent access to transportation, including the Roosevelt Island Tram and the Q line on the subway, connecting residents to the heart of the city.

Real Estate Information

Lenox Hill is one of the most desirable areas on the Upper East Side, known for its mix of luxury apartments, historic townhouses, and modern high-rises. Real estate in this neighborhood is on the higher end, with prices reflecting its prime location near Central Park, high-end amenities, and prestigious address. The area attracts a range of buyers, from families to affluent professionals, with properties offering panoramic views, spacious layouts, and access to world-class cultural institutions. Roosevelt Island, by contrast, offers a more affordable option in comparison to Manhattan, with a focus on apartment buildings that offer a suburban feel within an urban setting. The real estate market on Roosevelt Island is attractive to those seeking a quieter environment without sacrificing proximity to Manhattan’s amenities. Over the years, the neighborhood has undergone significant development, and new high-rise apartments with modern amenities continue to pop up, making it a popular choice for young professionals, families, and retirees.

Historical/Interesting Facts

Lenox Hill has a deep historical connection to New York City, with roots dating back to the early 19th century. Originally farmland and a rural area, it became an affluent residential neighborhood as Manhattan developed. Named after the Lenox family, prominent landowners in the area, Lenox Hill played a role in shaping the Upper East Side as one of the city’s most prestigious addresses. The area’s proximity to Central Park and its development as a residential neighborhood in the late 19th and early 20th centuries solidified its reputation as an elite enclave. Meanwhile, Roosevelt Island, though now a part of the urban fabric of New York City, has a fascinating history as well. It was once known as Blackwell’s Island, used primarily for institutions such as hospitals and prisons. It wasn’t until the 20th century that Roosevelt Island was transformed into a residential community. In the 1970s, urban renewal projects began, and the island became home to newly constructed apartment buildings, parks, and community amenities. Today, Roosevelt Island’s history of transformation and its unique location continue to make it a distinctive part of New York’s landscape, offering a quiet, residential alternative to the busy streets of Manhattan while maintaining a rich connection to the city’s past.

 
 

Properties Statistics

Total Properties

13

Median Asking

$1,052,339.54

Sale Price/ft²

$1,164.22

Average Home Size

688 ft²

Average Home Age

40 years

Based on results from 13 properties

Buildings in this Sector

FAQ about Lenox Hill roosevelt Island