NYC Neighborhood Guide

Greenwich Village

Nestled between East and West, Greenwich offers the best of both Villages. It’s a melting pot of styles and ages—from undergrad NYU students to aging bohemians. Locals and tourists adore this idyllic area that’s central to all, yet feels like a retreat from East Village noise and the midtown grid.

Named after the city outside of London, Greenwich Village appealed to John Lennon so much that he once said, “I regret profoundly not being American and not being born in Greenwich Village. That’s where I should have been.” Centrally located with a balance of shaded streets and those shining with late-night action… might this be the perfect neighborhood?

🏡 Charming, cozy vibe

🎯 Central but not crowded

⚖️ Balance of quiet and vibrant

🍻 MacDougal Street

🌳 Washington Square Park

🎓 NYU

 

Greenwich Village Real Estate and Trends

Limited housing stock isn’t known for being spacious, modern, or affordable, but Greenwich Village’s atmosphere and location are hard to beat. Along quiet residential blocks you’ll find walkups and townhouses with flowering window boxes and co-ops with doormen. Lower-rise buildings add to the feeling of a community spirit. Idyllic living is competitive, just like getting into NYU.

Average home prices inched up only 1.2 percent over the past five years, according to The New York Times. In 2020, asking prices dropped but median home sale prices rose 100%, likely skewed by several high-worth properties.

Price Trends

Studio $572,500

1 BD $932,000

2 BD $2,200,000

3 BD $3,837,500

Average sales price based on past transactions. Last updated: 2/18/21

 

NYU’s expansion around Washington Square Park means extensive construction for another decade. The largest project is a 23-story building at 181 Mercer St for classrooms and faculty and student housing that will be completed in 2021. Additional shorter buildings are slated for LaGuardia Pl.
Robin, Localize real estate advisor

Transportation in Greenwich Village

You can get there from here. Greenwich Village offers excellent subway, bus, rail, and bike connections.

Subway – Village residents are spoiled for choice with Union Square (L/N/Q/R/W/4/5/6) and West 4 St (A/B/C/D/E/F/M) stations a quick walk away.

Rail – PATH trains to New Jersey stop at 9 St station on 6 Av.

Bus – While the subway is fastest for north-south commutes, the M55 Midtown to South Ferry bus stops along the perimeter of Greenwich Village. The M1 is also an option for Midtown and UES commutes. Meanwhile, the crosstown M8 links the West Village and East Village via Greenwich Village on 8 St and 9 St. The M21 does the same along Houston St going between the West Village and Lower East Side.

Bike – Finding a Citi Bike at any hour won’t be hard. Greenwich Village is home to plenty of docking stations and availability is good throughout the day and week. With calm side streets and plentiful bike lanes, cycling around the Village is a breeze. Protected lanes on 4 Av and 5 Av respectively lead to Union Square and Washington Square Park. Protected lanes on the east and west sides are easily accessible via the protected crosstown lanes on 12 St and 13 St.

Best Schools in Greenwich Village

Elite private institutions of higher education define this neighborhood, home to New York University, The Cooper Union, and The New School. For elementary students, Greenwich Village is zoned for the excellent PS 41 and average PS 3 in the West Village. The small private AltSchool Union Square (grades 5-8) is located here. The lack of schools in Greenwich Village proper shouldn’t be an issue. Read how enrollment in public schools is changing.

Your Perfect Day: Things to Do in Greenwich Village

☕️ Browse beans in burlap sacks for the finest coffee at Porto Rico Importing (since 1907) or order a cup of joe to-go for a stroll along Bleecker St

👀 People-watch from the fountain in Washington Square Park, the heart of the neighborhood where chess players, activists, skateboarders, musicians, and dog walkers do their thing

🏀 Call “I got next!” at chain-link fenced courts known as “The Cage” on West 4 St; year-round competitive streetball heats up during an annual summer tournament

🍕 Cruise MacDougal Street on an empty belly and thin wallet; budget meals include bánh mì at Saigon Shack, topping-heavy slices at Artichoke Basille’s, or stuffed pita at Mamoun’s Falafel

🇮🇹 Sip an original at Caffe Reggio, credited for introducing cappuccino to America, and admire the retired coal-fired espresso machine from 1902

🥩 Feast on steak or a black label burger at French-styled Minetta Tavern, once a hangout for Ernest Hemingway, E.E. Cummings, and Eugene O’Neill

🎤 Discover the next great act at Cafe Wha?, a former hippie joint rated one of the best venues for live music and comedy; Dylan, Hendrix, Springsteen, and Woody Allen honed their craft here

🍹 Escape the digital world and cozy up on leather banquettes at Analogue, a craft cocktail bar and jazz club with vintage allure

📽 Catch an indie flick at the five-screen IFC Center; stay late for cult favorites shown at midnight on Friday and Saturday

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