Search Results for: Brooklyn

What is the NYC real estate outlook for 2025? Buyers, sellers, landlords, tenants, and even investors might have this question. The outlook doesn’t look really good for corporate investors since the introduction of good cause eviction does put limits on rent increases, even for market-rate apartments. A few predictions that may define the real estate outlook for 2025 for different stakeholders are

The average price has risen modestly between Q3 and Q4 in both Brooklyn and Manhattan. Assuming that this growth trend has continued into the new year, it might be a good time to sell in both these boroughs. However, co-ops didn’t perform as well in Brooklyn and the average price fell for almost all categories in Queens.

What is the average price to buy an apartment in New York? It’s honestly difficult to find an informative city-wide average because of how drastically the cost shifts from borough to borough and neighborhood to neighborhood.

If you have an apartment that you want to put on the market, one of the many questions you must ask yourself is – Is it a good time to sell an apartment in NYC? It’s redundant if you have a pressing financial need for which you are selling the apartment. But if you can wait, identifying a good time to sell an apartment in NYC can significantly impact your returns.