If you want to buy a home in the city, it’s natural to ask, “What is the most desirable neighborhood in New York?” But the answer is not as straightforward as you might think. Desirability can be highly subjective, and what’s most desirable to some may not be as desirable to others. There are also no formal rankings for neighborhoods in NYC that we can leverage to identify the most desirable neighborhood. We looked into several lists, and Greenwich Village (in Manhattan) was either at the top or in the top five of most of them.
Greenwich Village
Greenwich Village is one of the most desirable neighborhoods in the city because of characteristics like its location, walkability, ease of transportation, range of activities it offers, and, as the name suggests, its greenery. The river surrounds it on one side, and Chelsea, NoHo, and SoHo on the other. It has a rich history, vibrant nightlife, and desirable locations like the High Line and Washington Square Park.
Williamsburg, Brooklyn, and Upper West Side in Manhattan are other strong contenders for the top spot.
A Subjective Choice
The most desirable neighborhood in New York for you would be the one with most of the things you desire, and you can get a nice place within your budget. Let’s say you can afford a tiny studio apartment in Greenwich or a sizable two-bedroom in an up-and-coming neighborhood like Ridgewood at the same price or rent; what would you prefer? Then, there are practical considerations, such as your daily commute to work and school if you have children. If you are buying a property not just to live but also as an investment, then the price appreciation potential of different neighborhoods is also worth considering.
There are many variables to consider when trying to identify the most desirable neighborhood in New York, and it might be difficult to make a choice on your own. A New York City broker can be a great ally at this stage.
Also Read: Everything You Need To Know About NYC Brownstones