$1,231,074Average Value$1,367Average Price per Sq Ft85Homes For Sale
A thriving nightlife scene defines this east side neighborhood
The Lower East Side, also known as LES, is a bustling Lower Manhattan neighborhood steeped in immigrant history. The area has long been popular with creatives, lending to its laid-back and irreverent vibe. Today, a thriving nightlife scene running from Stanton Street to Dimes Square incorporates an ever-changing selection of eclectic eateries and alternative bars. Homes vary from postwar complexes and prewar tenement-style co-ops to modern condo towers. “First-time homebuyers or those looking to expand a bit can get more bang for their buck down here as the price per square foot is less expensive than in the nearby East Village,” says Neal Young, a longtime LES resident and agent with Brown Harris Stevens.
The punk scene is very much alive and well in the East Village.
Hotel Chantelle is an iconic NYC venue in the Lower East Side with fine dining options.
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Hip and historic haunts
With trendy spots like Le Dive, Forgtmenot and Kiki’s, the Dimes Square micro-neighborhood on the southern edge of LES and close to Chinatown has become one of the city’s hottest hangouts. Nearby Scarr’s is a pizza institution.
On Houston Street, Jewish delicatessens Katz’s and Russ & Daughters uphold tradition. Stretching south to Delancey Street, Stanton and Clinton streets are packed with bars and restaurants including Pianos, a popular bar hosting live Indie music sets. Welcome to the Johnson's is a favorite neighborhood dive, where PBR beer is served in a setting that recalls the area’s gritty past. Around the corner, Beauty & Essex is an old-school pawn shop moonlighting as a New American bistro.
The recently opened Essex Market and Crossing development incorporates a European-style food hall with artisanal vendors but also a Target and Trader Joe’s grocery store. LES has also become a haven for cutting-edge art galleries showcasing up-and-coming talents.
There are multiple supermarkets available to East Village residents, including two Trader Joe's.
Katz's Delicatessen calls Lower East Side home as many from around the world come to dine here.
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Sleek condos join original tenement buildings
LES has a mix of housing and a prevalence of rental tenement buildings. New construction condo towers can be found dotted around, with two bedrooms fetching between $900,000 and $3.5 million, depending on square footage and views. Similar, renovated units in updated Greek Revival co-op buildings hover around $1 million.
The section of LES between Essex Street and the East River is often called Co-op Village: postwar developments like Masaryk Towers and Grand St. Settlement with units going for $550,000 to $1.1 million. “People choose these complexes for space, value, and up-to-date amenities like gated parks, playgrounds, and gyms,” says Young.
208 Delancey Street, as designed by Oda is a crucial building in the heart of Lower East Side.
The Lower East Side has many New contemporary designed buildings, including 100 Norfolk St.
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A new flood-resistant riverfront park and heritage sites
Currently under renovation, the East River Park has been raised 8 feet to protect against flooding. When completed in late 2024, the green space will include state-of-the-art sports fields, a running track and a promenade connecting into Manhattan’s waterfront greenway system. Seward Park has a landmarked playground, soccer field and a well-utilized ping-pong table. The Abrons Arts Center is a community-oriented performance venue with classes for children. While the Museum at Eldridge Street–an ornate synagogue still in operation–celebrates LES’s Jewish heritage, the Tenement Museum commemorates the area’s rich immigrant history.
Visit the East River Park, which has been raised 5 feet to protect against flooding.
Tenement Museum in Lower East Side is an 1863 preserved tenement building with rich history.
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Top-rated schools including New Design High that emphasizes the arts
Young Lower East Siders can begin their education at P.S. 42 Benjamin Altman elementary, one of the best schools for math and reading in the city, and with an A-minus score from Niche. For Grades 6 through 8, the B-minus-rated School for Global Leaders has a rigorous International Baccalaureate program. New Design High School champions the arts and has a B-plus.
PS 42 Benjamin Altman - Shaping the future of Lower East Side.
New Explorations Into Science, Tech and Math High School, Lower East Side.
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Delancey Street subway hub, bridges and ferry service
The Delancey-Essex Street subway station is served by the F, J, M, and Z lines, linking different parts of Brooklyn with Manhattan. The Williamsburg and Manhattan bridges do the same for cars, bikes and pedestrians. Running between LES and the East River, the Franklin D. Roosevelt Drive highway can be accessed at multiple points. Ferries at Corlears Hook, located in East River Park and at the end of Jackson Street offer direct connections to DUMBO, Wall Street and Rockaway Beach during the summer.
The J, Z, F, and M Trains serve the Lower East Side community to other parts of Manhattan.
The Williamsburg Bridge connects Brooklyn and Lower East Side with its walking & cycling paths.
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
Martin Luther King, Jr. Community Park
Trails
Henry M. Jackson Playground
Basketball
Playground
Corlears Hook Park
Baseball/Softball
Dog Park
Picnic Area
Nathan Straus Playground
Basketball
Playground
Hamilton Fish Park
Basketball
Pool
Playground
ABC Playground
Basketball
Playground
Luther Gulick Playground
Basketball
Playground
Baruch Playground
Basketball
Soccer
Playground
Transit
Airport
Laguardia
19 min drive
Subway
Delancey Street
Subway
Essex Street
Subway
East Broadway
Bus
Madison St & Grand St
Bus
Grand St & Fdr Dr
Bus
E Houston St & Columbia St
Bus
Fdr Dr S & Fdr Dr S
Bus
Grand St & Pitt St
Bus
Essex St & Grand St
Bus
E Houston St & Norfolk St
Crime and Safety
1 - Low Crime, 10 - High Crime
Lower East Side
US
Homicide
3
4
Sexual Assault
5
4
Assault with Weapon
4
4
Robbery
6
4
Burglary
3
4
Motor Vehicle Theft
1
4
Larceny
4
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Lower East Side, Manhattan sell after 152 days on the market compared to the national average of 47 days. The average sale price for homes in Lower East Side, Manhattan over the last 12 months is $1,017,048, down 15% from the average home sale price over the previous 12 months.
Welcome to 383 Grand Street, Apt M1601-a spacious and light-filled 3-bedroom, 2-bathroom home in the heart of the Lower East Side. Perched high above the city, this residence offers triple exposures to the east, south, and west, showcasing stunning panoramic views of the Manhattan and Brooklyn Bridges, the downtown skyline, and golden sunsets over Tribeca. The home features a generous
Sleek, ultra-modern LES condo with refined industrial finishes and exceptional natural light. Currently configured as an oversized 1 BD / 2 BA with alcove home office, this home could easily be reverted to a true 2 BD / 2 BA should the original layout better suit the next homeowner. • Floor-to-ceiling windows• Eastern exposure• Open Kitchen• Primary ensuite & second full bath• Poured concrete
Welcome to Residence 6C at 242 Broome Street, a stunning home that offers the best of indoor-outdoor living in the heart of the Lower East Side. Spanning over 1,000 square feet of interior space and complemented by an expansive 500+ square-foot private terrace, this residence is a true rarity.Step outside and experience your own urban oasis—perfect for lounging, dining, and entertaining under the
**All showings – including Sunday Open Houses – are by appointment only. If you are working with another agent, that agent needs to reach out to make the appointment and is required to be present.**Newly renovated, sun-drenched 2-bedroom with beautiful tree lined views of the historic lower east side! Natural light is abundant as it shines through two walls of windows (north & east) in the living
**All showings – including Sunday Open Houses – are by appointment only. If you are working with another agent, that agent needs to reach out to make the appointment and is required to be present.** Experience this spacious outer-corner 2-bedroom apartment in Hillman, brimming with charm! Each room is filled with natural light, highlighting the expansive living room and foyer, which effortlessly
**All showings – including Sunday Open Houses – are by appointment only. If you are working with another agent, that agent needs to reach out to make the appointment and is required to be present.**This stunning 2-bedroom apartment that’s ready to be your new home! Bathed in natural light, it boasts breathtaking views of the East River, Williamsburg Bridge, and FDR Park from the living room,
Available for rent this beautifully renovated 3 bedroom/1 bath apartment with modern updates features an updated kitchen (with dishwasher), and an in-unit washer and dryer. Additional features include:Details: *Balcony*exposed brick*washer/dryer*modern bathroom*modern kitchen*dishwasher*microwave*hardwood floors*high ceilingsThis Lower East Side location is near great bars, restaurants, and
Nestled in the treelined enclave of Stanton and Suffolk Streets, this stunning duplex apartment in the Lower East Side is a hidden gem. Fully renovated just a few years ago, this 3-bedroom, 2-bath residence is move-in ready. The South-facing private patio offers a serene retreat from city life. The entrance leads to a spacious open-concept living area with a chef’s kitchen. The main level
The advertised rate of $7,510/month is the lowest available price, based on a 12 month(s) and 0 day(s) stay with a move-in date of June 24, 2025. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing, please visit our website and enter your desired move-in and move-out dates.Additional pricing info: (1) price quoted is for rent only, (2) this rate
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
37,557
Median Age
42
Population Density
117 ppl/acre
Population under 18
17.7%
Below the national average
23.8%
Population over 65
22.1%
On par with the national average
19.1%
Finances
Median Household Income
$47,611
Significantly below the national average
$71,702
Average Household Income
$83,499
Education and Workforce
High School Graduates
79%
Below the national average
89.1%
College Graduates
45.3%
Above the national average
34.1%
Advanced Degrees
16.2%
% Population in Labor Force
57.3%
Weather
Annual Precipitation
50''
Average Winter Low Temperature
28°F
Average Summer High Temperature
85°F
Annual Snowfall
2''
Area Factors
Biker's Paradise
Bike Score®
97/ 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.
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.
