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Explore Tribeca Neighborhood in New York City

Real Estate New Developments

General Information

Tribeca, short for "Triangle Below Canal Street," is one of New York City's most sought-after neighborhoods, located in the southern part of Manhattan. Known for its cobblestone streets, historic industrial buildings, and upscale living, Tribeca offers a unique blend of old-world charm and modern luxury. The neighborhood is home to a creative community, with a mix of artists, professionals, and families. Tribeca has become a hub for both cultural and culinary experiences, offering a variety of high-end restaurants, trendy bars, and art galleries. Its proximity to the Hudson River provides scenic views, and the area’s peaceful atmosphere contrasts with the bustling energy of nearby neighborhoods like SoHo and the Financial District. Tribeca is also known for its strong sense of community, with tree-lined streets, parks, and family-friendly amenities, making it a desirable place to live for both individuals and families.

Real Estate Information

Tribeca's real estate market is one of the most expensive in New York City, reflecting the neighborhood's high demand and premium location. The market is characterized by a combination of converted industrial lofts, luxury condos, and modern apartment buildings. Many of the buildings in Tribeca feature large, open spaces, high ceilings, and expansive windows, offering stunning views of the city and the Hudson River. Due to the neighborhood’s popularity, real estate prices in Tribeca have steadily risen over the years, making it a desirable location for those looking for an upscale lifestyle with easy access to downtown Manhattan. Despite its higher price point, Tribeca remains a favorite for families and professionals due to its excellent schools, green spaces, and proximity to public transportation. The area’s real estate offerings are a mix of rental properties and for-sale units, with many developments offering luxury amenities such as doorman services, gyms, and rooftop terraces.

Historical/Interesting Facts

Tribeca has a rich history that dates back to the early 19th century, when it was primarily an industrial and commercial district. The neighborhood's name, "Triangle Below Canal Street," refers to its triangular shape formed by the intersection of Canal Street and the Hudson River. In the 19th century, Tribeca was home to warehouses, factories, and shipping centers, which played a major role in the city's economic growth. The neighborhood saw a shift in the mid-20th century as many of its industrial buildings were abandoned, and it wasn’t until the 1970s that Tribeca began to experience a transformation. Artists and creatives started to move into the area, attracted by the large, open loft spaces and affordable rents. Over the following decades, Tribeca became one of Manhattan's most fashionable neighborhoods, attracting wealthy residents, families, and celebrities. Today, Tribeca’s rich history is evident in its cobblestone streets, historic buildings, and its ongoing development, which has turned it into a thriving, upscale community with a blend of modernity and historical significance.

Properties Statistics

Total Properties

106

Median Asking

$4,876,039.10

Sale Price/ft²

$2,085.42

Average Home Size

2210 ft²

Average Home Age

50 years

Based on results from 106 properties

Buildings in this Sector

The Lispenard Collection37 lispenard street

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New York Mercantile Exchange6 harrison street

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THE ATALANTA25 north moore street

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Tribeca East Condo19 warren street

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Munitions Building60 warren street

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The Northmoore53 north moore street

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American Thread Building260 west broadway

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52 Lispenard52 lispenard street

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TRIBECA SUMMIT415 greenwich street

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The Sugar Warehouse79 laight street

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The Diamond Bldg137 duane street

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Zenith Godley Condo176 duane street

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FAQ about Tribeca