If you are planning on buying an apartment in the borough, one question you might have is – What is the average price per square foot for an apartment in Manhattan? The exact answer to this varies from time to time and based on the type of apartment you want to buy, but one consistent fact is that it’s almost always higher than the other four boroughs.
If you ask your New York City broker, “Where is the most desirable place to live in Manhattan?” they would ask a few questions to narrow down the neighborhood most desirable for you. These questions would start from your budget – how much rent or mortgage you can afford, what type of property and space you want, etc. However, several other factors apply to almost everyone who lives and wants to live in Manhattan, like green spaces, the environment, activities, easy commute, etc.
1. Fraunces Tavern (54 Pearl St) Construction: 1719 to 1722 Originally built between 1719 and 1722, Fraunces Tavern was reconstructed in 1907, with some of
For many real estate investors (novice or seasoned), the choice of the borough they plan to invest in is influenced by more than pure numbers
What is the highest-selling apartment in NYC? The highest-selling apartment ever in NYC is the penthouse at 220 Central Park South. It was bought by Ken Griffin, a hedge fund manager, in 2019 for $238 million. This isn’t just the highest-selling apartment in NYC but also the most expensive residential real estate deal in the history of the country. The sale was closed in 2019, but the buyer signed the contract in 2015 when the building was still under construction. Here is what we know about this apartment
Buyers and sellers alike are asking their peers and New York City brokers, “What is the market prediction for 2025?” Accurate predictions can help them make more informed decisions. Multiple brokers and experts generally predict that there might be many buyers in the market, albeit without a comparable number of sellers. So, the market, in general, will lean more towards sellers.
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
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1211 6th Ave 29th Floor NY, NY 10036 © 2014 Brett Ari Fischer – The New York City Broker. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.
