UES Housing Sales Hauled In Most Cash In 2010s: Study

UPPER EAST SIDE, NY — Housing sales for one section of the Upper East Side brought in more cash than all other neighborhoods in the city in the previous decade, according to a real estate study.

The total volume of sales on the Upper East Side between 59th and 79th streets between January 2010 and December 2019 totaled $15.5 billion, according to a study released Tuesday by the real estate listing site PropertyClub. The upper half of the neighborhood, located between 79th and 96th streets, came in at fifth on the list at $10.1 billion.

Other neighborhoods in the top five included: The Upper West Side between 59th and 79th street at $15.2 billion, Midtown West at $12.8 billion and Tribeca at $12.1 billion, according to the study.

PropertyClub's study also ranked New York City neighborhoods on the number of home sales recorded during the previous decade. The top three neighborhoods — Flushing, Bed-Stuy and Ozone Park — are all located in the outer boroughs.

When it comes to the number of home sales, the Upper East Side does not perform as well compared to the neighborhood's total volume of sales. The lower half of the neighborhood came in at No. 5 in the ranking with 4,741 sales and the upper half came in just outside the top 10 at No. 11 with 4,198 sales. The Upper West Side between 59th and 79th street had the most home sales in Manhattan with 5,375, according to the study.

PropertyClub based its rankings on rolling sales data recorded by the New York City Department of Finance.

Check out the full study here.