Neighborhood Report

Manhattan — Tribeca

Loft luxury, condo-dominant, foreigner-friendly.

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Avg Price/sqft

$2,250

Avg Yield

3.2%

Zone

PRIME-URBAN

Triangle Below Canal — former industrial loft neighborhood, now Manhattan's wealthiest ZIP code (10013). Condo-dominant, which means foreign buyers and pied-à-terre buyers can actually close here.

6-Axis Score

Prestige10/10

Connectivity9/10

Livability9/10

Schools8/10

Yield5/10

3yr Outlook8/10

Notable Condos

56 Leonard

$5M–$50M

Herzog & de Meuron 'Jenga tower'.

443 Greenwich

$8M–$40M

Converted loft building, celebrity residents.

Strengths

+ Condo stock (no board approval)
+ Loft scale
+ Restaurant scene
+ Foreign buyer friendly

Weaknesses

− Premium $/sqft
− Distance from Midtown employers
− Sensitive to luxury cycle

MRT Lines

1, 2, 3 (Chambers/Franklin)A, C, E (Canal)

Primary Schools

PS 234 Independence SchoolPS 89 Liberty

3-Year Outlook

Stable premium — limited new-construction pipeline through 2029.