Land Market Insights and Pricing in New York County, New York

New York County, centered on Manhattan Island, offers a unique urban landscape for land buyers. Spanning 22.7 square miles, it's bounded by the Hudson, East, and Harlem Rivers, creating prime waterfront opportunities. The county's bedrock, composed of Inwood marble, Fordham gneiss, and Manhattan schist, supports its iconic skyline. Central Park's 840 acres provide a coveted green oasis amidst the dense cityscape. With a median home price of $1,108,900 and property taxes at the national average of 0.9%, New York presents a high-value market. The economy thrives on finance, professional services, and education sectors, driving demand for both commercial and residential real estate. While highly urbanized, New York County's blend of world-class amenities, cultural hubs, and pockets of green space offers diverse investment potential in one of the world's most dynamic real estate markets.