How Much Does It Cost to Live on the Upper East Side?—A Complete Guide to UES
The Upper East Side is one of New York City’s most affluent, upscale neighborhoods. It’s located in Manhattan, and it’s bounded by the East River, Central Park, 59th and 96th Street. The majority of the world has heard about the Upper East Side thanks to popular movies such as Breakfast at Tiffany’s, The Great Gatsby, The Devil Wears Prada, etc.
As you can imagine, the UES is one of the priciest neighborhoods in NYC, and it is usually the first choice of rich and famous people. Still, finding an affordable condo for rent or sale in the Upper East Side isn’t impossible, especially with the right real estate agency in the area.
Is the Upper East Side a Good Place to Live?
Yes—the Upper East Side is one of the best places to live in New York. If there’s one neighborhood that offers vicinity to all the important attractions of NYC while still being a calm and relaxing place to live, that would be the Upper East Side. Young professionals and students love living there because of the excellent job opportunities as well as fun outing options. Families with kids appreciate the vicinity of Central Park, large, tree-lined streets, and a wide variety of schools to choose from.
The Upper East Side incorporates three smaller neighborhoods:
Whichever neighborhood you choose, you’ll enjoy the real UES atmosphere and take advantage of all the opportunities that the area offers.
AA Real Estate office near you will gladly assist you in finding the perfect apartment for rent or a house for sale, all you need to do is give us a call. Experiencing the real Upper East Side lifestyle is much easier if you find the right property to come back to at the end of each day. Foreign property buyers love investing in NYC real estate in this part of the city because they realize the advantages of its location.
How Much Are Properties for Sale in the Upper East Side?
The current median price of listed properties is around $1,500,000, but the median price of the sold properties is approximately $97,000. The Upper East Side is one of the priciest neighborhoods in New York real estate-wise. Still, if you rely on the most experienced real estate agents close by—AA Real Estate NYC—you’ll be able to find more affordable options.
In the time of writing this article, the most affordable Upper East Side property for sale on AA Real Estate’s offer is a charming, pet-friendly coop studio in Lenox Hill, and it costs $249,999. When it comes to the most luxurious option currently, that would be a super luxurious $88,000,000 townhouse in Lenox Hill.
How Much Are Rental Apartments in the UES?
The median price of properties for rent in the area is around $3,000, which is a couple of hundred dollars more than the median price in the entire NYC.
If you’re on a budget, AA Real Estate New York offers an affordable studio apartment for rent in Yorkville that costs $1,541 a month.
More affluent renters can enjoy a 39th-floor coop in Lenox Hill that features 11 rooms, for $500,000 a month.
Education in the UES
One of the reasons why families with kids choose to move to the Upper East Side is the variety of excellent elementary and high schools to choose from. This part of New York has many more college-educated residents than in the rest of the city. More than 80% of the UES residents have a college education.
The best public schools in the Upper East Side are:
- Ps 290 Manhattan New School
- Ps 6 Lillie D Blake
- Ps 59 Beekman Hill International
- P.S. 158 Bayard Taylor
- Jhs 167 Robert F Wagner
The best private schools the Upper West Side are:
- Alexander Roberston School
- Bank Street School For Children
- Dwight School
- Calhoun School
- Ethical Culture-Fieldston School
The average private school tuition in the entire New York is around $18,695 per year. Many people who send their kids to private schools live and work in the UES.
The Restaurants and Entertainment in the Upper East Side
The cost of restaurants and entertainment (museum and theater tickets, bars, shopping, etc.) in the UES is almost 50% higher than the nation’s average. While there also exist wallet-friendly eateries, many of them are luxurious. The most expensive restaurants in the Upper East Side are The Simone, Daniel, and La Grenouille.
Here are some of the most popular places and attractions in the UES that you shouldn’t miss:
Museums in the Upper East Side
- The Met
- Met Breuer
- Jewish Museum of New York
- Asia Society Museum
- Museum of the City of New York
Shopping in the Upper East Side
- Madison Avenue (designer labels)
Other Attractions in the Upper East Side
- Park Avenue Armory—visual and performing arts
- The 92nd Street Y—talks, concerts, book readings, etc.
- Albertine Bookstore—sells books in French and English
As you can conclude, the Upper East Side is a wealthy neighborhood that’s home to many affluent people. However, if you think about moving there, you can rest assured that you’ll be able to live comfortably even with an average budget, especially if you rely on AA Real Estate agents in the vicinity. They will assist you in finding the ideal home that fits your needs, preferences, and budget.
Check out the listings on the AA Real Estate website, and give the best realty agents in New York a call to schedule showings. Looking forward to bringing you one step closer to the house of your dreams!