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Comparing Costs of NYC Beach Neighborhoods

Parts of the Hamptons are priced (on a per square foot basis) more affordably than parts of the Rockaways or even Staten Island, according to data analyzers NeighborhoodX.

As one of America’s most elite summertime destinations, the Hamptons are home to many celebrities, CEOs, and New York’s many socialites. Though considered one of the most expensive real estate markets in the country, other parts of the NYC Metropolitan area are surpassing the Hamptons in price by square foot.

Based on a study conducted for August 2018, NeighborhoodX found that several part of the Hamptons, typically thought to be untouchable real estate, are more affordable than beach towns elsewhere in the New York City area. For example, the average asking price per square foot in Riverhead, on the North Fork of the Hamptons, is  $267/sq.ft., which is more affordable than City Island in the Bronx, where the average asking price is $362/sq.ft.

 

NeighborhoodX, who gathered the data in this study, is a real estate & data analytics firm whose data has been featured in The Real Deal, Wall Street Journal, Curbed, and several other real estate outlets, founded by Constantine Valhouli and advisor Jonathan Miller.

Courtesy of Wiki Commons / Mark Jenney

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This set of data further suggests that Brooklyn’s beach towns are currently surpassing the Hamptons in terms of price by square foot. The average asking price for Brooklyn’s Manhattan Beach is $619/sq.ft., and in Brighton Beach, the price is $617, both of which are higher than those in some of the leading Hamptons sections, including Sag Harbor, at $614/sq.ft., Amagansett at $598, and Southampton at $554/sq.ft., according to the study conducted by NeighborhoodX in 2018.

 

The average asking price in Rockaway Beach, which is $335/sq.ft., is on par with the Hamptons’ East Quogue, at $373/sq.ft. Meanwhile, on Staten Island, South Beach ($388) and Midland Beach ($372) are priced on par with Shinnecock Hills ($392) and East Quogue, respectively.

 

In another set of data, NeighborhoodX found that the average property in Manhattan is more expensive per square foot than the trophy properties in many cities, as the average property in Manhattan is $1,773/sq.ft., surpassing Portland ($1,053), New Orleans ($1,308), Austin ($1,466), Philadelphia ($1,643), and Denver ($1,708).

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Soccer is now the third most popular sport in the U.S., and real estate developers are beginning to take notice.

The 2018 FIFA World Cup, the most-watched sporting event in the world, just kicked off in Russia, and all over the globe fans and non-fans alike are getting in the soccer spirit. But the soccer frenzy isn’t just growing with the start of the Cup.
Some properties in New York City are being designed to accommodate residents who play soccer and want to do so without leaving their home, with the inclusion of indoor and outdoor fields, simulators, and more. Here is a round-up of the most lux properties with soccer amenities.

180 East 88th Street

Situated in the Upper East Side’s Carnegie Hill neighborhood, 180 East 88th Street is a condominium inspired by New York during the 1920s-1940s. Featuring 48 graciously-appointed private residences designed and developed by DDG, this is an ideal spot in NYC, including a twist: residents have access to a partially indoor soccer pitch. Residents can feel free to practice their penalty kicks at any time, making this space ideal for soccer lovers.

Waterline Square

Waterline Square is a three-tower development in NYC, intentionally designed with expansive indoor soccer fields. Designed by Rafael Viñoly Architects, Richard Meier & Partners Architects, and Kohn Pedersen Fox Associates, this waterfront development is on the Upper West Side of Manhattan and features 263 luxury condominium residences. The property includes several sports and fitness spaces, specifically an indoor soccer field with lots of turf-playing surface.

Madison Square Park Tower

The 63-story Madison Square Park Tower designed a “Simulator Room,” where residents can play any sport of their choosing virtually, including soccer, without ever leaving the building. Madison Square Park Tower is also the tallest residential building between Midtown and Lower Manhattan at 777 feet.

Missoni Baia

Missoni Baia is certainly suited for soccer super fans who would be ecstatic to share an address with a professional soccer star. This 57-story luxury condominium lies in Miami’s popular Edgewater neighborhood and is home to Miguel Borja, forward for the Brazilian club Sociedade Esportiva Palmeiras, participating in the FIFA World Cup for 2018 in Russia. Notable features include five swimming pools, including an Olympic-sized lap pool.

Photos courtesy of Noe & Associates with The Boundary, March Made for DDG, missonibaia.com



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