We went to New York City's most expensive neighborhood - home to Wall Streeters and celebrities like Taylor Swift - and saw why it's so popular

Sarah Jacobs/Business Insider

Tribeca's quiet streets and proximity to the Financial District makes it popular with businesspeople and celebrities.

New York City is home to some of the most expensive real estate in the world. The most expensive place to own a home in this expensive city, however, is Tribeca.

While back in the 1970s, the neighborhood attracted artists because of its many large lofts, today its relatively quiet streets entice the city's wealthiest businesspeople, as well as mega-celebrities like Beyoncé, Jay-Z, and Taylor Swift, who purchased a penthouse in the neighborhood for a reported $20 million in 2014.

Today, according to StreetEasy data, the median sale price in Tribeca is $4.525 million.

I recently strolled through the neighborhood to see why its real estate repeatedly tops the market. From its cobblestone streets to its plentiful restaurants, shopping, and parks, there seems to be very little reason to ever leave Tribeca once you've settled in.