August 16, 2011 12:30PM
Dumbo

Soho and Tribeca were the most expensive New York City neighborhoods in the second quarter of 2011, but Dumbo was a surprising fourth entry on the top 10 list, according to PropertyShark.com. Dumbo was ahead of many other Manhattan neighborhoods such as the Upper East Side, the Upper West Side, the West Village and Chelsea, with a median sale price of $1.075 million. That price increased 9 percent from the median sales price in the second quarter of 2010, which was $990,000. Brooklyn’s Boerum Hill was also on the list at number 10, with a median sales price of $801,000. Soho was tops at $2.147 million, a 26 percent increase over its 2010 second-quarter price of $1.7 million. Of the total of 60 residential properties sold in the second quarter of 2011, 17 were located in the Trump Soho Hotel. In Tribeca, with a median sales price of $2,019,250, only eight of the 80 properties sold there last quarter were under $1 million. The most expensive residential property currently for sale in Tribeca is a 13,479-square-foot triplex penthouse located at 144 Duane Street, available for $30 million. — Miranda Neubauer