Manhattan Real Estate (1626 purchase price)
Manhattan Island, the densely populated core borough of New York City at the mouth of the Hudson River, originally purchased from the Lenape people in 1626 for goods valued at approximately $24.
Fun Fact
The 1626 purchase price of goods equivalent to about $24 has an inflation-adjusted value today of roughly $800, but Manhattan's current real estate value exceeds $1 trillion, representing one of history's most extraordinary real estate appreciations.
Price History
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