C-Suite Lifestyle

Ranked: Most Expensive Streets In The World, 2019

New York

It turns out, New York’s 57th Street is the street with the most expensive properties in the world, according to a new study by Douglas Elliman and Knight Frank. Three of the top five streets are in New York and once each in Hong Kong and London.

57th Street in Manhattan saw 41 sales priced above $25 million, with a $38.5 million average sale price, while Mount Nicholson Road in Hong Kong had 35 ultra-prime home sales over the $25 million minimum, with an $81.8 million average.

To identify cities with the most expensive properties in the world, the report tallied the number of homes sold for more $25 million in the past five years. With a total of 32 luxury home sales of more than $25 million, Central Park South ranked number 3 on the list — had an average price of $44.9 million.

Most Expensive Streets In The World, 2019

  1. 57th Street
    City: New York, US
    Number of sales over $25 million: 41
    Average price: $38.5 million
  2. Mount Nicholson Road
    City: Hong Kong
    Number of sales over $25 million: 35
    Average price: $88.8 million
  3. Central Park South
    City: New York, US
    Number of sales over $25 million: 32
    Average price: $44.9 million
  4. Park Avenue
    City: New York, US
    Number of sales over $25 million: 20
    Average price: $43 million
  5. Grosvenor Square
    City: London, UK
    Number of sales over $25 million: 13
    Average price: $45.5 million
  6. Mount Kellett Road
    City: Hong Kong
    Number of sales over $25 million: 10
    Average price: $64.8 million
  7. Fifth Avenue
    City: New York
    Number of sales over $25 million: 10
    Average price: $55.7 million
  8. Pacific Coast Highway
    City: Malibu, California, US
    Number of sales over $25 million: 10
    Average price: $49.2 million
  9. Conduit Road
    City: Hong Kong
    Number of sales over $25 million: 10
    Average price: $43.4 million
  10. South Ocean Boulevard
    City: Palm Beach, Florida, US
    Number of sales over $25 million: 10
    Average price: $34.5 million

The other most expensive streets were Fifth Avenue (New York); Mount Kellett Road (Hong Kong); Conduit Road (Hong Kong); South Ocean Boulevard (Palm Beach, Florida); and Pacific Coast Highway (Malibu, California).


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Mindy Wright

Mindy Wright

Deputy Commissioning Editor
Mindy Wright is CEOWORLD magazine's Deputy Commissioning Editor, and leads global newsroom coverage and management. She oversees and coordinates coverage of the news and ideas in partnership with writers across the continent. She has reported from more than 15 countries across Asia, Europe, Africa and the Americas. She has advised CEOs, investors, boards, and high-profile industry leaders on a wide range of issues impacting the global business landscape. She can be reached on email mindy-wright@ceoworld.biz. You can follow her on Twitter at @ceoworld.