Neighborhood Guide

Lower East Side


The Lower East Side extends from East Houston Street, down to Canal Street, from the Bowery to the East River and was once home to wave after wave of immigrants -- German, Irish, Italian, Jewish, and later Latino, Vietnamese and Chinese. The area has undergone a gentle gentrification and seems to wow buyers and renters alike. While there are still remnants of Yiddish and Hispanics influences, nowadays it is more of a nexus for starving artists. The housing in the area consists of apartments in walk-up tenement buildings and co-ops located close to the East River. The area has a night life at rec-room-themed bars and fashionable bistros. Residents and visitors also enjoy the abundance of performance art and shopping. Although some of Orchard Street’s cheap shops have given way to trendy hair salons and ’members only’ techno bars, there are a handful of Kosher shops remaining. Gertel’s Bake Shop on Second Avenue, Guss’s Pickles on Essex, Katz’s Deli on Houston and Kossar’s Bialy’s on Grand are thriving - and the folks still line up on weekends at Russ & Daughters on Houston Street.


Lower East Side Listings

Size Starting from Listings Count Avg. $/Ft2 DOM
Studio $350.0K 5 $1,214 148
1 BR $465.0K 41 $1,217 197
2 BR $525.0K 42 $1,448 239
3 BR $1.05M 16 $1,867 175

$1,436

Avg. Price/SqFt.

Prices Trend (2012-2024)