Uptown Street Named One Of Manhattan's Most 'Affordable': Study

WASHINGTON HEIGHTS, NY — Uptown Manhattan is often cited as the borough's last bastion of "affordability," and a new study named one Washington Heights streets one of the least expensive in the city.

With 22 residential sales and a median sales price of $373,973, West 167th Street came in at No. 8 on PropertyClub's recent ranking of New York City's 50 most affordable streets. When compared to Manhattan, West 167th Street is the third most affordable street behind The Upper West Side's West 107th Street (median sales price of $204,765) and Harlem's Manhattan Avenue ($261,721).

Although the ranking heaped praise on West 167th Street, it's worth noting that most New Yorkers probably don't have $373,973 to shell out on a home. Renters make up nearly two thirds — 65.1 percent — of the city's population and the median income in New York City is about $55,000, according to a 2018 study. Still, when compared to the list of the most expensive streets that PropertyClub put together this month, the sales figures for the Washington Heights block pale in comparison.

Queens and The Bronx largely dominated the top 10 spots in PropertyClub's rankings of the most affordable streets. The only streets not belonging to those boroughs were the three streets in Manhattan. Brooklyn and Staten Island were not represented.

Here's the full top 10 list:

• Unionport Road (The Bronx): Median sales price of $170,000
• Metropolitan Avenue (The Bronx): $173,500
• Metropolitan Oval (The Bronx): $180,000
• West 107 Street (Manhattan): $204,765
• Manhattan Avenue (Manhattan): $261,721
• 34th Avenue (Queens): $328,310
• Queens Boulevard (Queens): $360,000
• West 167th Street (Manhattan): $373,973
• Grand Central Parkway (Queens): $425,880
• 63rd Drive (Queens): $428,922

Check out PropertyClub's study to see the rest of the rankings here.