Tribeca vs. Battery Park City: Which is a Better Place to Live?

Is Tribeca the best place to live in Downtown Manhattan? Or should I move to Battery Park City?

Most homebuyers feel it challenging to choose between these two regions.

Both are counted among the most desired neighborhoods in NYC. Battery City offers spectacular views of the NYC skyline, iconic landmarks like Lady Liberty and Ellis Island, Liberty State Park, and Hudson River. Tribeca, on the other hand, is one of the premier places to live in NYC, thanks to its amazing architecture, waterfront location, handy public transport, and excellent educational institutions.

That’s why it is not easy to decide between these two seemingly equally good places to live.

We understand that dilemma. Here we have reviewed Battery City and Tribeca to help you make an informed decision.

Let’s start with Tribeca first.

Tribeca:

Neighborhood Overview:

The name Tribeca has been derived from the phrase, Triangle Below Canal. It shares its northern boundary with Canal Street, Lafayette, and Broadway. Its western boundary runs along the Hudson River while the southern boundary touches Vesey Street.

Transportation:

Tribeca is ideally located to take the benefits of its public transportation. It has a great network of subway lines. These lines cover Canal Street, Chambers Street, Franklin Street, WTC, and Park Place.

Property Prices:

It costs you around $5,700,000 to buy a three-bedroom unit in Tribeca. The monthly rental for the same unit is around $15,625. A studio apartment costs $1,750,000 while its monthly rental is nearly $3,800.

It is counted among the most expensive zip codes in Manhattan.

Living:

Featuring cobblestone streets, wooden water towers, metal awnings, and loading docks, it gives a glimpse of the wonderful past of New York City. Tribeca is also known for its shopping and restaurants. The city also boasts world-class educational institutions such as P.S. 234 Independence School, P.S. 150 Tribeca Learning Center, and Stuyvesant High School. And one more thing—chances are you can bump into celebs like Billy Crystal, Gwyneth Paltrow, Meryl Streep, and Paul Bettany on any given day. This area makes your nightlife more exciting with its hottest clubs, pubs, and best music venues.

Battery Park City

Neighborhood Overview:

Battery Park City shares its boundaries with the Hudson River and West Street (West Side Highway). The area stretches from Chambers Street in the north to Battery Place and Little West Street in the south.

Transportation:

Battery Park City has no subway stations, making you walk a quarter-mile to access the nearest subway to reach the Financial District.

Property Prices:

Battery Park City is slightly cheaper than Tribeca with a sales price for a three-bedroom of $3,125,000. The rent for a three-bedroom is $11,000 and for a two-bedroom is $6,950.

Living:

Battery Park City is a thoughtfully planned, immaculately maintained, and calm neighborhood located from a short walk from Wall Street and Tribeca. It was built on a landfill site in the 1970s as a residential neighborhood for workers who wanted to live within the close vicinity of the Financial District. However, it is suitable for people from all walks of life. Battery Park City apartments share close vicinity with Wall Street and Tribeca. The esplanade on the Hudson River is a great place for running, biking, strolling. You can sit here to enjoy the view of the river.

Well, it is not easy to choose between Tribeca and Battery Park City. However, Tribeca is a suitable place to live for families or those who lead an active lifestyle. Coming to Battery Park City is ideal for those who seek a calm neighborhood far from the typical mad rush and din of a city. Plus, it is great if you are looking for a more affordable housing option than Tribeca.

Looking for apartments in Tribeca and Battery Park? Contact Us Today!

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