UWS Zip Code Sees Largest Price Drop in Country: Report

In 2020, the median sale price in zip code 10069 had increased by 42% from 2019 – landing at $2,725,000. This was the largest increase in the entire country, according to a report by Property Shark, which had attributed the zip code’s growth in large part to Waterline Square, the three-building condo and rental complex located between 59th and 61st Streets along the water.

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This year, the same zip code has set another record – the sharpest price contraction in the country, dropping 39% to land at $1,663,000, according to Property Shark’s annual report on the country’s most expensive zip codes. Year-over-year, the Upper West Side zip code – which spans from 59th to 72nd Streets along Freedom Place and Riverside Boulevard – has dropped from being the 22nd to the 93rd most expensive in the country.

riverside boulevard 10069 price drop

Riverside Boulevard – by Flickr user Eden, Janine and Jim

For a bit of perspective, we reached out to UWS real estate agent Deanna Kory of Corcoran, who told us that “New development sales are booming in Manhattan, but aside from the sales at Waterline Square, many of the Riverside Boulevard buildings are not selling as well. There are some exceptions: the newer the building, the higher the sales price and greater the velocity of sales.”

Here are all NYC zip codes included in Property Shark’s list of “Most Expensive U.S. Zip Codes in 2021.”

Ranking # Zip Code Median Sales Price
22 10013 $3,212,000
25 10007 $3,125,000
35 10282 $2,725,000
51 10001 $2,171,000
64 10012 $1,935,000
93 10069 $1,663,000

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And here are the top 5 most expensive locations in the country:

Ranking # Zip Code Location Median Sales Price
1 94027 Atherton, CA $7,475,000
2 2199 Boston, MA $5,500,000
3 11962 Sagaponack, NY $5,000,000
4 94957 Ross, CA $4,583,000
5 33109 Miami Beach, FL $4,475,000




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