logo RERT
Need more information?
Call UsBook a meetingContact on WhatsAppSend email

Explore Seaport District Neighborhood in New York City

Real Estate New Developments

General Information

The Seaport District is a historic and vibrant neighborhood located along the East River in Lower Manhattan. Known for its cobblestone streets, historic buildings, and maritime charm, the Seaport District offers a unique blend of old New York and modern development. It was once a bustling port and trading hub, and many of the buildings in the area date back to the 19th century, reflecting the neighborhood's rich maritime history. Today, the Seaport District has become a popular destination for both locals and tourists, offering a mix of shopping, dining, cultural attractions, and stunning waterfront views. With its proximity to the Financial District and other downtown neighborhoods, the Seaport District provides easy access to transportation, making it an attractive place to live, work, and visit.

Real Estate Information

The real estate market in the Seaport District is characterized by a combination of historic buildings, modern developments, and high-end residential spaces. While the neighborhood was once dominated by commercial and industrial properties, in recent years, it has undergone significant transformation, with new luxury residences, office buildings, and mixed-use developments popping up alongside its historic buildings. The area offers a variety of housing options, including luxury condos and rentals with waterfront views, as well as co-op buildings and loft spaces that retain the charm of the neighborhood's maritime past. Property values in the Seaport District have seen steady growth, driven by the neighborhood’s revitalization, prime location, and access to modern amenities. Despite its popularity, it remains a relatively affordable alternative to other upscale Manhattan neighborhoods like Tribeca or the Financial District, offering residents a more relaxed pace of life with close proximity to Manhattan's commercial and cultural hubs.

Historical/Interesting Facts

The Seaport District has a deep-rooted history dating back to the early 19th century, when it served as a major port for trade and shipping. The area became a vital hub for maritime activity, particularly during the early days of New York's growth as a major port city. Many of the historic buildings in the district were once used as warehouses and trading posts, and the Seaport was home to a thriving shipbuilding industry. The neighborhood’s waterfront location played a key role in the economic development of New York City, particularly during the 1800s and early 1900s. As the city grew and industry shifted, the Seaport District saw a decline in its maritime activity by the mid-20th century. However, in the 1970s, the area began to be recognized for its historical significance, and efforts to preserve its buildings and transform it into a cultural and commercial center were set in motion. Today, the Seaport District combines historic preservation with modern development, serving as a symbol of New York City's ability to blend the past with the present.

Properties Statistics

Total Properties

27

Median Asking

$1,744,804.37

Sale Price/ft²

$1,318.85

Average Home Size

1159 ft²

Average Home Age

57 years

Based on results from 27 properties

Buildings in this Sector

FAQ about Seaport District