Manhattan’s Upper East Side has long been home to the rich and famous. You might cross paths with a celebrity while traveling to the grocery store, the local hotspot for dinner, or the latest show. If you own Upper Eastside real estate, you’ve probably bumped elbows with director Martin Scorsese, fashion designer Zac Posen, daytime television hosts Kelly Ripa and Ryan Seacrest, reality television stars Ramona Singer and Sonja Morgan, or author Stephen King.
Of course, celebrity sightings are just the first benefit of this lovely Manhattan neighborhood, peppered with gorgeous architecture, world-class museums, and food from around the globe.
Below are five things to keep in mind if you’re shopping for an Upper East Side home for sale.
The Upper East Side offers a variety of housing options
Indeed, some luxury properties on the market are decadent—ranging from $10 to $40 million. There are also lower-priced studio units that clock in at just over $1 million. They feature a balcony, gleaming hardwood floors, a galley kitchen, and a large bedroom, making it an ideal luxury option for a single person who just landed in NYC.
Some homes can stay on the market for as many as 104 days, but home prices are up about 9% from last year. The average Upper East Side home for sale pockets the seller an average of $1.2 million — almost 10% above the median listing price.
Easy access throughout Manhattan
Having a car hardly matters since shopping, dining, and entertainment are within short walking distance from any location considered part of Manhattan’s Upper East Side.
The culinary scene is out of this world
Bemelmans Bar, located in the upscale Carlyle Hotel, offers guests an old-timey jazz-age vibe
Sant Ambroeus, an upscale Italian restaurant with several locations throughout the city
Avra Madison Estiatorio offers Mediterranean cuisine in a sophisticated, bi-level dining space
Sushi Seki Upper East Side offers the freshest sushi in the neighborhood
Moti Mahal Delux serves authentic Indian creations
Pastrami Queen is a classic NYC staple offering traditional comfort foods
Beautiful architectural detailing
Because many of the buildings are historic, there’s an enormous amount of unique architectural detailing and styles that are hard to find elsewhere. There have been many interior upgrades, and some flats feature windows overlooking the Hudson River, bringing elements of nature indoors.