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Two Bridges

Two Bridges

Urban Core Neighborhood in Manhattan, New York

New York County 10002, 10038

$953,386 Average Value
$2,052 Average Price per Sq Ft
23 Homes For Sale

History-making housing and creative communities along the East River

Change is a constant in New York City, and Two Bridges has embodied that for nearly a century. Situated around the Manhattan and Brooklyn bridges at the southern end of Manhattan, the neighborhood has a historic pattern of housing developments coming in and raising prices for local residents, beginning with Knickerbocker Village in the 1930s, and now with skyscrapers arriving down the street from affordable housing complexes. Traditionally, Two Bridges was home to European, Latin American and Asian immigrant communities. Later, artsy twentysomethings brought fusion restaurants and hip bars into the disparate yet welcoming community. “For many folks, it feels like a community where people know each other. It’s a little less anonymous than other parts of the city,” says Jeremy Bolger, a real estate agent who has been living and selling properties in Two Bridges for 21 years. “A lot of business owners live and work in the neighborhood, so there’s a strong sense of people supporting the community.”

Start the Lunar New Year with a Chinese Dragon Dance in Two Bridges to bring good luck.
Start the Lunar New Year with a Chinese Dragon Dance in Two Bridges to bring good luck.
Art has always been a part of the growing lifestyle in Two Bridges.
Art has always been a part of the growing lifestyle in Two Bridges.
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Regional Chinese cuisines and vibe-y bars

Two Bridges has a Chinese food scene that expands upon the offerings next door in Chinatown. Dim Sum Palace serves groups for brunch, lunch and dinner, Lanzhou Ramen makes hand-pulled noodles, Fong On is a family-owned tofu shop, and a good pork bun or dumpling is never hard to find. Newcomers such as the Asian-fusion Golden Diner and the New American Betty have added trendier dining options. Big Apple Food Market and CTown Supermarket are the major grocers, smaller Chinese grocery shops serve East Broadway and an upscale Brooklyn Fare location is coming to the One Manhattan Square condo tower. Nightlife turns up at Mr. Fong’s bar, gets louder at 169 Bar and becomes a karaoke party at Winnie’s Bar. Just north of Two Bridges is the socialite triangle known as Dimes Square, which is named after a cafe that serves bergamot pancakes and wheatgrass margaritas.

Mr Fong's Bar offers chinese-inspired cocktails & bites in Two Bridges.
Mr Fong's Bar offers chinese-inspired cocktails & bites in Two Bridges.
Try the delicious hand-pull beef noodles and dumplings at Lanzhou Ramen found in Two Bridges.
Try the delicious hand-pull beef noodles and dumplings at Lanzhou Ramen found in Two Bridges.
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Luxury waterfront condos mix with historic tenements

Co-ops are hard to come by in Two Bridges, as so many of the residential buildings are apartment rentals. The exception is Seward Park, a four-building complex just outside the neighborhood’s northern border with co-op units that start around $450,00 and go up to $1.8 million. “The pricing there is some of the lowest in the area and the units give people good storage space,” Bolger says. Condos are a little more plentiful, with units that start around $750,000 in postwar buildings — some of which have been internally renovated — and go up to $1 million in newer buildings. “The overall lower scale of the community, with older tenements and walk-ups, is appealing to a lot of people,” Bolger says. However, high-rise options are on their way. In 2019, One Manhattan Square tower introduced 72 stories of luxury condos with East River views and private outdoor gardens. Units in this waterfront, white-glove building range from $1.2 to $5.5 million, and four more skyscrapers are planned nearby, including one with condos at 259 Clinton Street.

One Manhattan Square towers over Two Bridges, reshaping its skyline.
One Manhattan Square towers over Two Bridges, reshaping its skyline.
Divine Grace Condominium at 155 Henry St in the Two Bridges neighborhood.
Divine Grace Condominium at 155 Henry St in the Two Bridges neighborhood.
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Skateboarding, soccer games and long walks on the East River

Two athletic areas near the East River provide green space amid the Brooklyn and Manhattan bridges. Between the soccer field, softball field and concrete skate park, there’s something for just about everyone. There are playgrounds sprinkled throughout the neighborhood, and oversized wooden swings at recently renovated Pier 35. While the East River Greenway was built for walking, running, cycling and taking photos of the Brooklyn Bridge, it’s also outfitted with mini basketball courts and low-impact fitness machines.

Two Bridges locales love honing their skills at the LES Coleman Skatepark.
Two Bridges locales love honing their skills at the LES Coleman Skatepark.
East River Waterfront Esplanade has amazing views of the Brooklyn Bridge and Downtown Brooklyn.
East River Waterfront Esplanade has amazing views of the Brooklyn Bridge and Downtown Brooklyn.
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Near the F train, not too far from City Hall’s subway hub

The East Broadway F train station is the nearest subway, and it’s due for a $40 million update when a new high-rise moves in. For more options, residents can walk a few minutes outside to City Hall, which hosts three subway stations with eight different lines. Just east of Two Bridges, the water ferry at Corlears Hook adds some accessibility to Brooklyn and Wall Street.

Getting around Two Bridges is possible with several bus lines and the F train on East Broadway.
Getting around Two Bridges is possible with several bus lines and the F train on East Broadway.
Taking a scenic stroll along East River Esplanade in Two Bridges.
Taking a scenic stroll along East River Esplanade in Two Bridges.
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A-minus elementary schools and a B-plus high school

Kids have several public options for preschool through 12th grade. P.S. 1 Alfred E. Smith and P.S. 2 Meyer London both teach pre-K through fifth grade and have A-minus grades from Niche. P.S. 184 Shuang Wen and P.S. 126 Jacob August Riis teach pre-K through eighth grade and have A-minus and A grades, respectively. For high school, Orchard Collegiate Academy has a B-plus grade.

PS 184 Shuang Wen is located in Two Bridges at the intersection of Cherry and Montgomery St.
PS 184 Shuang Wen is located in Two Bridges at the intersection of Cherry and Montgomery St.
Orchard Collegiate Academy is located on Henry St in Two Bridges.
Orchard Collegiate Academy is located on Henry St in Two Bridges.
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Nicolas Dobija-Nootens
Written By
Nicolas Dobija-Nootens
Britt Lyle
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Britt Lyle

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Neal Young, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Laguardia

20 min drive

Bus

Madison St & Catherine St

Bus

Pike St & South St

Bus

Madison St & Pike St

Bus

Madison St & Market St

Bus

Madison St & St James Pl

Bus

St James Pl & R F Wagner Sr Pl

Bus

E Broadway & Forsyth St

Crime and Safety

1 - Low Crime, 10 - High Crime Two Bridges US
Homicide 4 4
Sexual Assault 7 4
Assault with Weapon 6 4
Robbery 7 4
Burglary 2 4
Motor Vehicle Theft 1 4
Larceny 3 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$2,253,611
Median Single Family Price
$1,675,000
Median 2 Bedroom Price
$2,399,999
Median 1 Bedroom Price
$1,356,100
Average Price Per Sq Ft
$2,052
Number of Homes for Sale
23
Last 12 months Home Sales
44
Months of Supply
6.30
Median List Price
$2,424,999
Median Discount From 1st List Price
5%
Median Home Sale Price YoY Change
36%

Home Facts

Number of Homes in Neighborhood
244
Median Year Built
2019
Avg. Single Family Home Size Sq Ft
846
Significantly below the national average
1,935
Average 2 Bedroom Size Sq Ft
1,145
Average 1 Bedroom Size Sq Ft
714
Average Studio Size Sq Ft
585

Open Houses

  • Friday, Apr 25
    12:30 - 2:30pm

    252 South St Unit 25D, New York, NY 10002

    $2,399,999

    • 2 Beds
    • 2 Baths
    • 1,123 Sq Ft
    • 252 South St
    • Unit 25D
    • New 4 days ago

    An Iconic Corner Residence in the Sky — The Coveted D-Line ReturnsPerched high on the 25th floor at One Manhattan Square, awaits Residence 25D. This is the most sought-after two-bedroom line in the building, boasting exclusive southeast and southwest exposures with breathtaking unobstructed panoramic views of the East River, Manhattan and Brooklyn Bridges, the downtown skyline, and New York

    Matthew Steer Keller Williams NYC

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  • Sunday, Apr 27
    10am - 2pm

    171 Henry St Unit 2D, New York, NY 10002

    $949,000

    • 1 Bed
    • 1.5 Baths
    • 1,075 Sq Ft
    • 171 Henry St
    • Unit 2D

    SUNDAY OPEN HOUSES ARE BY APPOINTMENT AND SLOTS MUST BE BOOKED IN ADVANCE Spacious and airy one bedroom/one and a half bath home with 9'6" ceilings, walls of windows and southern exposures! Very generously proportioned layout allows for distinct living and dining areas. Bedroom also nicely sized with en suite bath. Kitchen features an abundance of maple cabinets, granite counters and a

    Jeremy Bolger Brown Harris Stevens Residential Sales LLC

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  • Sunday, Apr 27
    12:30 - 1:30pm

    225 Cherry St Unit 58G, New York, NY 10002

    $1,419,500

    • 1 Bed
    • 1 Bath
    • 688 Sq Ft
    • 225 Cherry St
    • Unit 58G

    Residence 58G: A Haven of Elegance and Comfort Perched high above the bustling city, Residence 58G offers a serene retreat with breathtaking views of the East River and the iconic Williamsburg Bridge This meticulously designed 688 square foot one-bedroom, one-bathroom residence showcases: North-East orientation for optimal natural light Open gourmet kitchen with breakfast bar

    Jordan Shea Douglas Elliman Real Estate

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Neal Young, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
24,332
Median Age
48
Population Density
147 ppl/acre
Population under 18
17.1%
Below the national average
23.8%
Population over 65
28.6%
Above the national average
19.1%

Finances

Median Household Income
$26,226
Significantly below the national average
$71,702
Average Household Income
$43,728

Education and Workforce

High School Graduates
55%
Significantly below the national average
89.1%
College Graduates
21.6%
Advanced Degrees
5.3%
% Population in Labor Force
42.8%
Below the national average
65.1%

Weather

Annual Precipitation
50''
Average Winter Low Temperature
28°F
Average Summer High Temperature
85°F
Annual Snowfall
2''

Area Factors

Very Bikeable

Bike Score®

89 / 100

Walker's Paradise

Walk Score®

99 / 100

Rider's Paradise

Transit Score®

100 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Two Bridges