The Village is an area of Lower Manhattan encompassing some of New York City's most historic and highly coveted neighborhoods, including Greenwich Village, the West Village, NoHo, and the recently incorporated East Village. Known for its beautiful architecture, the area is particularly celebrated for its low-rise buildings and early 19th- and 20th-century townhouses and walk-ups.
The human scale, central location to the city’s commercial districts, and past affordability attracted artists, writers, musicians, and actors. Today, many of its buildings are preserved within historic districts designated by the Landmarks Preservation Commission, established in 1962. Although the Village has not retained its affordability, it has evolved into a vibrant, mixed-use area renowned for shopping, dining, nightlife, cultural institutions, top schools, and a burgeoning tech workforce.
In this article:
Greenwich Village began as a rural, pastoral area to the north of the city in the 18th century when the city was confined to the southern tip of Manhattan Island. The West Village, typically defined as the area west of Sixth and Seventh Avenues, preserved its 18th-century street pattern when the Commissioners' Plan of 1811 ordained a street grid layout for the rest of the island. The neighborhood’s preserved narrow, winding streets add to its historic charm and character.
“This supremacy comes from the quality of its architecture, the nature of the artistic life within its boundaries, and the feeling of history that permeates its streets.” - Greenwich Village Historic District designation report
Aside from the genteel streetscapes, the Village's prime location is a leading reason for its desirability. Generally, the neighborhoods offer easy access to both Midtown and the Financial District, and it borders other pedestrian-friendly neighborhoods like Soho, Chelsea, Union Square, and Gramercy. Commuters benefit from proximity to several subway lines (including the L train to Brooklyn), PATH stops, numerous bus lines, and Citi Bike stations.
Some drawbacks commonly cited by locals include the influx of tourists and city residents seeking nightlife, making the neighborhood busier and noisier than they would like. Additionally, Greenwich Village is home to New York University, with over 51,000 students who often treat the neighborhood as their private campus and Washington Square Park as their quad. Even when school is not in session, the park hosts performances and protests that can be disruptive to residents.
Another drawback is the high cost of property, driven by restrictions on new construction to preserve the area’s historic charm. Much of Greenwich Village and the West Village are protected within the Greenwich Village Historic District. NoHo and the East Village also have smaller historic districts, and strict zoning regulations protect many un-landmarked blocks in between. Consequently, modern apartment buildings are less common, and units with high-end finishes and amenities command a premium. As in several successful New York neighborhoods, high demand has led to the displacement of long-time residents and the closure of many unique boutiques, cafes, and hangouts.
Despite these challenges, the historic character and charming streets of the Village continue to attract celebrities, luminaries, and affluent individuals. According to CityRealty data, the West Village, NoHo, and Greenwich Village were the three most expensive neighborhoods to buy a condo in Q2 2024, with average prices exceeding $2,300 per square foot. The East Village, absorbed into the Village nomenclature in recent decades and historically considered part of the Lower East Side, remains the most affordable of the Village neighborhoods, particularly in Alphabet City, where subway access is limited. In Q2 2024, the average price per square foot of a closed condo in the East Village was $1,493.
Below, we present a selection of Village listings with upcoming open houses, all priced under $1.6 million.
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Village listings with upcoming open houses priced under $1.6 million
317 East 3rd Street, #4
$545,000 (-8.4%)
East Village | Cooperative | 1 Bedroom, 1 BathOpen House: Saturday, July 20, 2024
317 East 3rd Street, #4 (Douglas Elliman Real Estate)
Mark Twain Apartments, #4L
$615,000 (-5.2%)
Greenwich Village | Cooperative | Studio, 1 BathOpen House: Sunday, July 21, 2024
Mark Twain Apartments, #4L (The Agency Brokerage)
The Calyx, #4C
$650,000
East Village | Condominium | 1 Bedroom, 1 Bath | 785 ft2Open House: Sunday, July 21, 2024
The Calyx, #4C (Serhant LLC)
206 East 7th Street, #8
$699,000 (-6.7%)
East Village | Cooperative | 2 Bedrooms, 2 BathsOpen House: Sunday, July 21, 2024
206 East 7th Street, #8 (Corcoran Group)
100 Bank Street, #6F
$699,000
West Village | Cooperative | Studio, 1 BathOpen House: Sunday, July 21, 2024
100 Bank Street, #6F (Keller Williams NYC)
49 East 12th Street, #5A
$815,000 (-1.2%)
Greenwich Village | Cooperative | 1 Bedroom, 1 Bath | 750 ft2Open House: Sunday, July 21, 2024
49 East 12th Street, #5A (Brown Harris Stevens Riverdale LLC)
45 Fifth Avenue, #2C
$829,000
Greenwich Village | Cooperative | 1 Bedroom, 1 Bath | 575 ft2Open House: Sunday, July 21, 2024
45 Fifth Avenue, #2C (Douglas Elliman Real Estate)
102 First Avenue, #3
$925,000
East Village | Condominium | 2 Bedrooms, 1 Bath | 750 ft2Open House: Sunday, July 21, 2024
102 First Avenue, #3 (Corcoran Group)
354 West 12th Street, #5A
$945,000
West Village | Cooperative | 1 Bedroom, 1 BathOpen House: Sunday, July 21, 2024
354 West 12th Street, #5A (Coldwell Banker Warburg)
Snug Harbor, #A406
$1,088,000 (-7.6%)
Greenwich Village | Cooperative | 1 Bedroom, 1 Bath | 750 ft2Open House: Sunday, July 21, 2024
Snug Harbor, #A406 (Corcoran Group)
49 Downing Street, #2C
$1,125,000 (-2.2%)
Greenwich Village | Cooperative | 1 Bedroom, 1 BathOpen House: Sunday, July 21, 2024
49 Downing Street, #2C (Sothebys International Realty)
92 Horatio Street, #2G
$1,250,000
West Village | Cooperative | 2 Bedrooms, 1 BathOpen House: Friday, July 19, 2024
92 Horatio Street, #2G (Compass)
85 First Avenue, #7A
$1,250,000
East Village | Cooperative | 1 Bedroom, 1 BathOpen House: Sunday, July 21, 2024
85 First Avenue, #7A (Compass)
350 West 14th Street, #5C
$1,295,000 (-10.7%)
West Village | Condominium | 1 Bedroom, 1 Bath | 629 ft2Open House: Sunday, July 21, 2024
350 West 14th Street, #5C (Keller Williams NYC)
41 Fifth Avenue, #10C
$1,295,000
Greenwich Village | Cooperative | 1 Bedroom, 1 BathOpen House: Sunday, July 21, 2024
41 Fifth Avenue, #10C (Coldwell Banker Warburg)
Virginia Arms, #4A
$1,299,000 (-7.1%)
East Village | Cooperative | 2 Bedrooms, 1 BathOpen House: Friday, July 19, 2024
Virginia Arms, #4A (Brown Harris Stevens Residential Sales LLC)
184 Thompson Street, #1S
$1,495,000
Greenwich Village | Condominium | 1 Bedroom, 1 Bath | 844 ft2Open House: Sunday, July 21, 2024
184 Thompson Street, #1S (Douglas Elliman Real Estate)
1st & First, #2S
$1,500,000 (-14.3%)
East Village | Condominium | 1 Bedroom, 1 Bath | 1,027 ft2Open House: Sunday, July 21, 2024
1st & First, #2S (Serhant LLC)
West Village Houses, #3B
$1,500,000
West Village | Cooperative | 2 Bedrooms, 2 BathsOpen House: Sunday, July 21, 2024
West Village Houses, #3B (Yoreevo LLC)
Stewart House, #14T
$1,595,000
Greenwich Village | Cooperative | 1 Bedroom, 1 Bath | 1,150 ft2Open House: Sunday, July 21, 2024
Stewart House, #14T (Corcoran Group)
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?