For those who think Forbes’ annual list of the most expensive zip codes covers too much terrain, a new analysis has honed in on the priciest streets. And not surprisingly, New York’s poshest real estate is a seven-block stretch of the Upper East Side’s Gold Coast, 70th to 77th Streets between Park and Fifth Avenues.
The median home price within this golden fortress of townhouses and pre-war co-ops is $2.8 million, second only to a part of Beverly Hills. And yet, doesn’t that sound low? After all, the ‘hood has seen sales of $53 million, and uber-prestigious buildings like 740 Park and 927 Fifth are within those borders.
The research was done by Location Inc. and reported in a Post story. Interestingly, the most expensive current listing on the Upper East Side–the $72 million mansion at 1016 Madison Avenue–is just a few steps north of the cutoff.
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