fbpx

Category: New York Real Estate

Discover everything about New York Real Estate, market updates, trendy properties and new developments opportunities you shouldn’t miss. New York Real Estate can be a rollercoaster, and you need to be on top of it. Read our articles presenting you all the recent developments in tern of Real Estate news in new York and things you should absolutely be aware of.

“Invest in New York” Conference in Luxembourg

On September 17th, our team had the pleasure to travel to Luxembourg to meet BARNES Luxembourg and host an ‘Invest in New York’ Conference at their office located on the Avenue de la Porte-Neuve. The event was a success, with collaborators and professionals from the country and nearby towns.

The two BARNES offices joined forces to showcase the vibrant investment opportunities in New York. Attendees were treated to insightful presentations and discussions, highlighting the dynamic growth and immense potential of New York’s market.

The presentation was followed by a cocktail and hors d’oeuvre inside the Luxembourg office.

Red wine being poured in a glass
BARNES New York Manager having a conversation with guests
BARNES Luxembourg storefront
Guest enjoying a conversation
Food buffet at the event
BARNES New York Agent

FACC Summer Social Event

On August 22nd, BARNES New York had the pleasure of being a bronze partner at the FACC Summer Social Event organized by the French-American Chamber of Commerce, alongside CIC and JetBlue.

The event brought together more than 100 attendees who enjoyed good vibes, networking opportunities, and professional encounters. The unique setting allowed guests to meet new or existing peers in an informal environment while enjoying drinks and snacks. The FACC Summer Social was a valuable opportunity to engage with professionals from various industries and to connect over shared experiences of conducting business in the United States.

The FACC Summer Social Event was the perfect time to reflect on the first half of 2024 and prepare for the new chapter ahead, with fall just around the corner. The event was filled with high spirits, new connections, and potential future collaborations.

Three people enjoying the event
Large picture of the event
Zoom in of Barnes Magazine
Barnes Magazine
Our team at the event
Large picture showing the crowd participating at the event

Contact Us

Sunset Cocktail Reception – BARNES New York X BARNES Yachting

On August 27th, at the iconic Chelsea Piers in Manhattan, a stunning sunset cocktail reception took place aboard the luxurious All In and San Lorenzo yachts, hosted by BARNES Yachting and BARNES New York. Guests were treated to an unforgettable evening as the sun dipped below the horizon, casting a golden glow over the Hudson River. Attendees indulged in delicious drinks and exquisite food while discovering the exclusive services offered by BARNES Yachting and ACES Yachting. The breathtaking views of the city skyline from the decks of these elegant yachts made for a truly magical atmosphere, leaving a lasting impression on all who attended.

How to become a luxury real estate agent in New York?

New York is one of the best areas and states to be a real estate agent. While there are many different types of real estate agents in the area, being a luxury real estate agent is the best because you can get higher commissions off the sales since you are working for high-dollar properties, and you are also working a high-end clientele.

This guide will cover all the steps and details you need to get started working as a luxury real estate agent in NYC.  

How do you work for real estate brokerages in New York?  

There are many different steps you need to take before you can start working in real estate. As a luxury real estate agent, there are also some additional things you need to do. Here is a quick breakdown of things to start working on: 

  1. Become a licensed real estate agent. It’s best to get licensed in New York or you will have to switch your license over if you got it in a different state.  
  1. Get some experience. Make sure you get experience specifically in the luxury part of real estate. Before getting into the luxury market though, make sure you are learning about basic sales as you will need these skills once you start getting clients and making sales.  
  1. Find a luxury buyer. See where the high-net-worth individuals in your community tend to spend their time and then network there. Ensure the conversations are natural though and not all about real estate, trying to learn more about their background to find what will fit their needs.  
  1. See the needs of your high-end clients. Your clients that are high-end and looking for luxurious homes might not have the same needs as other clients. They often need more information about a number of topics. For example, you will want to learn more about legacy planning, insurance, asset privacy, common property, asset appraisal, and banking and lending.  
  1. Make sure you’re an authority on all the right topics. You want your high-end clients to trust you. Make sure you know how to market yourself well. Use spare time to educate yourself so that you know all the answers to their questions as soon as they arise. 
  1. Get a luxury homes certification. This is a special course for those that want to only deal with high-end sales. This certification class will teach you many different things including how to list luxury homes, how to promote yourself on the luxury home market, how to work with high-net-worth clients, and how to show luxury properties properly.  

Use expired luxury listings. Find a luxury listing that expired and did not sell. You can then go to the seller and suggest a way for them to market it better to try and get a sale. Many of these clients will gladly let you come and do the work for them because they are tired of trying to sell it themselves. Make sure you approach them confidently and show your experience.  

How can I become a real estate agent in NYC? 

The best way to get become a real estate agent in NYC is to get your real estate license. Before you do this, you will need to complete a 77-hour course that is approved by the Secretary of State.  

Once you have completed the course, you can sit for the license exam. Once you have the license, you can begin working as a licensed real estate salesperson for a brokerage.  

Summary

Becoming a luxury real estate agent is a lucrative career that is fun and rewarding. You just need to take the proper steps to ensure you get your license and enough experience in the field so you can market yourself and the homes well.  

If you’re looking for a luxury real estate company in New York, check out BARNES New York to see the luxury homes, condos, and apartments we sell all over the state of New York.  

Contact Us

Why should you buy a house in Montauk?

If you are planning to live in the Hamptons region of New York, you probably need to anticipate your budget to find a home and make it your own. It is not uncommon for people to spend millions upon millions of dollars when they are looking for luxury homes or mansions. 

The area of Montauk is an upscale area, but it’s actually usually more affordable than other parts of the Hamptons. And it features a ton of locations and events that you can’t find anywhere else, including in other parts of the Hamptons.  

For those reasons, and many others, many people are flocking to Montauk and hoping to call it home in the years ahead. The popularity of this location has skyrocketed over the last decade, and it’s been harder and harder to buy a house in Montauk. This is especially true for anyone trying to find luxury houses, luxury villas, and luxury mansions in Montauk. 

The truth is that if you are hoping to buy a house in Montauk, there is a lot you need to know. You need to be familiar with the area, the businesses, and events, and all the things to be aware of when shopping for a home and exploring the area. Luckily, our guide can give you access to everything you need to know about Montauk and the particular real estate market there.  

How much does it cost to live in Montauk? 

Although Montauk might be considered a more affordable area to live in in the Hamptons, you still need to take your budget into consideration. As of Q2 2024, the median home price in Montauk was about $1,800,000 according to the Samuel Miller market report. This includes locations in the most popular neighborhoods, such as East Great Plains, South New London, Taftville, and others.  

The homes in the Hamptons aren’t on the market long. They are typically sold about 130 days after they are listed, which shows the interest in this region. And there aren’t too many homes for sale either, with around 73 listings on the market as of Q2 2024. 

Living in Montauk isn’t inexpensive, but it’s a far more affordable part of the Hamptons than others such as South Hamptons, East Hamptons, and more. This is one of the most attractive features for many when it comes to Montauk. 

Why buy a house in Montauk? 

You will always have something fun, unique, and special to do when you’re living in Montauk. Even people who don’t live in the area sometimes travel great distances so that they can enjoy the businesses and events that are only found in Montauk.

If this part of the country is going to be your new home, you need to be aware of the things that you will get to experience. There is a lot that will keep your days – and nights – busy and exciting.

From local bars to coffee shops, beachfront parties, and parks, Montauk truly does have something for everyone if you know what to look for and where to find it.  

Food 

You have never had pizza like the type you will find at Robert’s Montauk, which is known for its wood-fired pizza and delicious drinks and large bar. This has long been one of the most popular eateries in the area – and with good reason too.  

If you’re looking for delicious cuisine straight from Uruguay, Marram will be right for you and will offer you a slew of delicious daily-rotating dishes with the most delectable delicious meats and roasted veggies.  

Few eateries will leave a memory as lasting as one made at Montauket, which offer American dishes and live music with a gorgeous view right on the water. Take in the sunset, enjoy some local beers, and look out at the bay. When you’re eating your meal at Montauket, you’ll realize that life doesn’t get much better than this.  

Outdoors 

If you’re looking for something to do outdoors in Montauk, then you are in luck. There is not just one or two things to do in this area, there is in fact so much to do that it will feel like you never have enough time to do it all.  

Of course, you could spend days upon days lounging on the beaches of Montauk, but there is even more to do than just that. For example, you can take a unique Montauk lighthouse tour via bike, or you can explore the history of the area and walk through classic buildings that are more than 100 years old.  

Do you want to get up and close and personal with the seals that live in the area? What about taking a cruise on the water as the sun goes down? Maybe enjoy an outdoor concert with a yummy glass of wine along with friends and family? All of these things are possible in Montauk. There are many year-round and annual activities that people enjoy when moving to the area.

Summary

Montauk is known for its beach-front beauty that is unparalleled, even in other areas of the Hamptons. It truly is a beautiful, picturesque region that is well worth the experience. But if you are hoping to find a luxury house or mansion that can be yours in Montauk, you need to make sure you only turn to the experts. At BARNES New York, you will find a team that knows the market well, what to look for, what to avoid, and what to keep in mind with the luxury real estate market. Contact us today to discuss your future and any possible move to Montauk and beyond.  

Contact Us

Why should you buy an apartment in Sunnyside? 

If you are looking for a new home in Queens, you might be considering the various neighborhoods in the area. Sunnyside is located in the western part of the borough and has become a popular spot to live in over the years. 

If you are looking for a home for sale in Queens or any kind of Sunnyside real estate, keep reading. Queens is a diverse borough that is home to several different cultures. Not to mention, there may still be a bunch of food trucks serving up several different dishes from all over the world. 

Let’s take a look now at some of the reasons why you should buy an apartment in Sunnyside.

Plenty of housing options in Queens 

Housing for sale in Queens might be expensive and out of your price range. But that shouldn’t be the “be all to end” all for you. So it’s important to explore all your options. 

The good news is that Sunnyside does have a wide range of prices for homes, while you’re close to a ton of amenities and attractions. The median condo sold price in Sunnyside as of July 2024 was $692,410 – which is less expensive compared to Astoria and Long Island City. As for co-ops, it was $318,500 in July 2024, with an abundance of co-op supply.

If you are looking for a single-family home, apartment, or condo, you might find one that fits you best in Sunnyside. 

There’s a strong sense of community 

Queens is known for its strong sense of community. This may be one more good reason why to buy an apartment in Sunnyside. You’ll be meeting with people from different cultures and walks of life. 

They are friendly, diverse, and always make people feel welcome. You can even take part in the local events and activities that take place all year long. Who says you have to travel to Manhattan to have all the fun? 

If condos may not be the best option, buying a co-op in Sunnyside may be a great alternative. Co-ops have stricter rules and regulations compared to condos, but are more affordable than other real estate options.  

If you do have a bit of money off to the side, it may be enough to snag an apartment for sale in Sunnyside. 

Ease of access 

The ease of access from Sunnyside to the entire city is within reach. The neighborhood has about three different subway stations, including 52nd St and 46 St. – Bliss St. You’ll be able to utilize the subway to go just about anywhere in New York City. 

Even better, you can also take the subway to Grand Central where you can hop on a commuter rail that will take you to points beyond New York City including Westchester County and Connecticut. 

There’s also Amtrak and Long Island Rail that will help you get from point A to point B, whatever the destination is for you. With so many transportation options, you might get a little overwhelmed with where you want to go. 

By the way, Queens is also home to two major airports – LaGuardia and John F. Kennedy. Either airport may suit you best, especially Kennedy with its direct connection to plenty of international destinations. 

Summary 

Sunnyside may be one of the best neighborhoods in Queens. You’d be hard-pressed to find an apartment that will make you feel like you’re right at home. If you are looking for that dream place to live, you can contact a real estate agent that knows the area well. 

Contact us at BARNES New York today, and we’ll make sure we fulfill your needs for finding that perfect apartment. 

Contact Us

In the Media – Why should you consider Westchester and Connecticut for your real estate project? by BARNES

Welcome to a comprehensive exploration of “Why You Should Consider Westchester and Connecticut for Your Real Estate Project.” In this article, we delve into the appealing attributes and strategic advantages of these two prime locations, examining the factors that make them ideal for real estate investment and development. Join us on this insightful journey as we explore the unique qualities of Westchester and Connecticut, from their scenic landscapes and vibrant communities to their robust economies and accessibility to major metropolitan areas. Gain a nuanced understanding of why these regions offer exceptional opportunities for your next real estate project. Discover why you should consider Westchester and Connecticut for your real estate project in BARNES’ article for the French-American Chamber of Commerce.

Read the article

What is the average house price in Westchester? 

Westchester County is located in the southern part of New York State. It’s one of the most desirable locations for people looking for a home, especially if they are working in New York City or want to be close to it. 

It has plenty of natural landscapes, diverse cultures, and plenty of educational opportunities. The real estate market in the area has grown in popularity in recent years (and for good reason). We’ll discuss what the average house prices are in Westchester in this guide. 

We’ll also cover anything else that you may need to know about the real estate market in the area. If living in Westchester County is something that interests you, keep reading. 

What is the Westchester County real estate market like? 

The Westchester County real estate market is thriving. As of right now, it has a median home value of $791,000 as of June 2024 according to OneKeyMLS data. This was a 9.1 percent increase from the previous year and higher than the national median home value of $725,000. 

The home value has increased due to the high demand for real estate in the area. Not to mention, there are several factors that make Westchester County an attractive location. The proximity to New York City is one of them. 

Another thing that makes Westchester County attractive is its accessibility. With a robust transportation network including highways, rails, and buses, it will be easy to get around, meaning you can take a trip to NYC or even neighboring New Jersey using local transit. 

Likewise, you can also access different cities in New York State via Amtrak. You can get around the entire country on Amtrak even via Westchester County (although New York City is often a hub to get you just about anywhere in the country). You will also be in close proximity to the three major airports in the NYC area (LaGuardia, JFK, and Newark). 

What is the average house price in Westchester? 

The average house price in Westchester will vary on several factors. The major factor is the location. The median price for a house in Yonkers is estimated at $490,000, as of June 2024. 

If you travel to neighboring towns such as Rye or Scarsdale, you’ll see the average house price increase dramatically. Scarsdale has a higher median home prices, close to $2.3 million, while Rye is close to $1.1 million. If you’re looking for a home that fits your price range, some towns may fit the profile while others may not. 

You may find the home of your dreams in White Plains if it fits your budget range. Even if you have to narrow your search area, you’re bound to find a place that you can call home. This includes plenty of high-end properties including luxury townhomes, sprawling estates, and historic homes. 

If you are looking for something more affordable, there’s always smaller single-family homes and apartments. 

What to consider before you buy a property in Westchester?

If you intend to buy a property in Westchester, there are plenty of factors to consider. Your most critical needs will be addressed. They vary from one buyer to another. 

Let’s take a look at the following factors below: 

Commute time 

If you are working in New York City or the surrounding area, this will be important. How much time would you use to commute to and from work? Even better question – what will you rely on for the commute in general. 

You have plenty of options for commuting including rail and bus. If you want to drive, that is also an option, although you will need to consider parking. Even though there are plenty of people that have eschewed the idea of commuting thanks to remote work – you might still want or need to commute yourself. 

Find a home where the average commute time suits you best. 

Budget

What is your desired price range? How much are you willing to spend on a home? This will whittle down plenty of options. 

It may also mean narrowing down your search area. You might be dead set on getting a home in New Rochelle, but your options in the city may be none in terms of affordability. But don’t lose hope. 

You can find a place that you’ll enjoy calling home, even if it’s not in your original intended location. Better yet, you may find a few hidden benefits (like a shorter commute time or being close to all the action downtown). 

Summary

The average house price in Westchester may be a bit higher than the national average. Yet, you can find one that may be on par with it. It all depends on where you find it. 

Remember, finding a home will be based on your critical needs and preferences, as well as your budget. Contact us today to help you find a place for you. 

Contact Us

Why should you buy a property in Connecticut? 

Connecticut is a small state with a rich history, miles of coastline, and plenty of communities within a stone’s throw away from some of the major cities of the United States. It also has a thriving real estate market that offers plenty of opportunities. 

This guide will go over why you should buy a property in Connecticut. The market may be competitive right now. Yet, Connecticut Real Estate is a must-watch market. 

The homes will be bought and sold fast. If you are interested in purchasing property, read more to find out why Connecticut may be the best place. Let’s take a look now at the following list below: 

Location 

Connecticut is a state located in the southern half of the New England region. It is sandwiched between two major US cities – Boston and New York City. Fairfield County, located in the southwestern part of the state, is a popular location for real estate. 

It is especially convenient for those who work in New York City and intend to commute on a regular basis. While Boston may be farther away from various towns and cities in Connecticut, it’s also a great place to travel to, especially when you want to get away for a weekend. Boston has plenty of rich history and several tourist attractions that you can check out including the Freedom Trail, Faneuil Hall, and the Old North Church among others. Boston can be accessible by I-95 and even Amtrak rail. 

Likewise, you can also take a day trip or weekend getaway to New York City. If you travel to the Big Apple, you can check out the Statue of Liberty, the Empire State Building, One World Trade Center, and others.  

Whether you know it or not, Connecticut is a central location for commuters and travelers. If you intend to travel internationally, you can easily access three airports with direct international flights. They include Logan Airport in Boston, JFK Airport in New York City, and Newark International in Newark, New Jersey. 

The real estate market 

The real estate market in Connecticut is robust, but competitive. According to the Miller Samuel report, the median home value in Fairfield County for Q1 2024 was approximately $545,000. It has increased 6.9% from the previous year and will probably continue to strengthen over the course of the next few years. 

This can be a great opportunity for real estate investors looking to purchase a property that can give them an excellent ROI. Likewise, people looking to buy a primary residence in Connecticut can take the opportunity to purchase a home.

Either way, the real estate market provides plenty of opportunities. Keep in mind that the home values may vary from one local market to the next. Which means that the housing market will differ in Greenwich compared to Putnam or Norwich. In Greenwich for example, for Q1 2024, the median sale price for a single-family house was a little bit over $3 million, when the price in Fairfield County was about $660,000.

A single-family home with the same number of bedrooms and bathrooms may be high-priced in one community. Meanwhile, you can get a different price in another. If you are planning to buy a property in Connecticut, you’ll want to take a look at how much you can be able to afford. 

This means you will need to exclude certain intended locations. And that also means emphasizing your focus on other areas of Connecticut. You will still have a handful of opportunities, even if you narrow down your search area. 

The demand for rental property is high 

If you are a real estate investor searching for rental property, the demand will be high. That demand comes from tenants looking for an apartment of their own. You’ll be able to generate plenty of rental income that will be fair for the current market. 

Connecticut has plenty of educational institutions, a strong job market, and plenty of people who commute to New York City and the surrounding area for work. You’ll want to consider your investment goals when you’re looking to acquire rental properties. 

At the same time, you want to consider the expenses you’ll be dealing with. This includes property taxes, insurance, property management, and other specific expenses. The location will also play a role in your decision to purchase rental properties. 

You may consider purchasing an apartment building in Bridgeport. This can be great for those looking for an apartment while looking to land a job in New York City. They’ll commute throughout the work week and be able to find a place away from the city. 

One of the critical needs of a potential tenant is to be farther away from the city and its higher rent, so people will be looking for a greener, more spacious environment to live in. Commuters who don’t want to pay a very high amount of rent for a small apartment in New York City can consider cities like Greenwich or Westport.

Excellent transportation network 

Connecticut has a transportation network that includes several highways, trains, and buses. It will be easier to get around thanks to these options. This will be a huge plus for those who commute to and from New York City for work. 

It’s also great for those who like to travel. They will be able to hop on a train for a day trip to New York City. Or they can use the transportation network to easily access one of several airports. 

Summary

Buying a property in Connecticut can be a challenge. However, you have four reasons why you should consider the area to buy a property. You’re in an excellent location that may meet the demands of your potential tenants.

Or you may be someone looking for a place to live for your primary residence. You may be looking for a place to live while you plan on commuting to your job in New York City or other communities in Connecticut. Contact us at BARNES New York today and don’t miss out on the opportunity to purchase property in Connecticut whenever they arise.   

Contact Us

Why should you buy an apartment in Williamsburg?

Over the years, many people have begun to consider Williamsburg to be the hottest and trendiest part of Brooklyn, New York. Known for its distinct personality, style, and the long list of things to do, Williamsburg is really a hotbed of culture and excitement.

Moving to Williamsburg is a smart move for many people. But you do need to keep a few things in mind when you are buying your place in Williamsburg. You’ll have to consider how much you’ll be spending, what you’ll be doing for fun, and where you’ll be living.  

If you are thinking about moving to Williamsburg and buy an apartment in Williamsburg, you need to consider several things and be aware of what you are getting yourself into. It can be a very rewarding and smart choice for you, but you definitely need to do your research. For that reason, let’s take a look at how much it costs to live in Williamsburg and what this wonderful part of New York will provide you.  

How much does it cost to live in Williamsburg? 

Williamsburg is now recognized as the heart and soul of Brooklyn, particularly due to its myriad living options, great cultural opportunities, and numerous restaurants and shops to explore. You can find the ideal place for yourself that puts you smack in the middle of Brooklyn.  

According to UrbanDigs, the median price per square foot in Williamsburg is around $1,545 as of June 2024. This is a 4.4% increase compared to just the year before. The median sale price is of $1.84 million, a 32.5% increased from last year. That indicates that the interest in Williamsburg has grown substantially in just a year, showing some good indications.  

The cost of living in Williamsburg is more than most other parts of New York and other parts of the country. For some people, this could be a deal-breaker. But for others, it’s reason to be even more interested in Williamsburg. They are right to be drawn to this part of town because it offers many special events and locations that can only be found here.

Why buy an apartment in Williamsburg? 

If you are looking to live in a part of New York that is filled with great businesses, warm people, and modern locations, then Williamsburg will feel right at home for you. Here are just some of the many things that bring people to this unique region of Brooklyn. 

Dining 

If you’re looking for a great sandwich that feels right out Philadelphia, Fedoroff’s Roast Pork in Williamsburg is going to get your mouth watering. If Shawarma is more your speed, then Oasa on Bedford Ave will be right for you. From rich Peruvian cuisine to Italian, Chinese, and American steak, there is a restaurant that is right for you in Williamsburg.  

You will never be out of options when it comes to dining in this part of town, whether it be fine dining or something a bit more affordable and low-key. Multiple restaurants have received higher marks and great reviews from websites specialized in fine dining ranking. It really is a great place to explore when you are looking to eat well.  

Shopping 

It doesn’t matter if you’re looking for jewelry, clothing, second-hand accessories, apartment furnishings, or anything else, you can rest assured that you’ll find what you need in a number of Williamsburg shops.  

Williamsburg is known as a place that is very hip with its finger on the pulse of the modern cultural landscape, so you know that what you buy in this part of Brooklyn is going to be the latest and greatest. Some of the most exciting businesses in Williamsburg include Catbird, Spoonbill & Sugartown Books, Rough Trade, Heatonist, and more. Each of them serves something that is unique and special to Williamsburg: personality and style. 

Culture 

The cultural power of Williamsburg is one of its most enticing and exciting aspects. For years now, this part of Brooklyn has set the tone for the rest of the city and, really, the rest of the country and world. This can be seen in the hip ways that people dress and the restaurants they enjoy. The culture in Williamsburg has always been strong.  

Living in this part of the city will guarantee that you are located in a thriving metropolis location that is very engaging and exciting. It is one of the most special parts of New York and, therefore, one of the most special parts of the country. 

Summary 

There are few parts of the nation that are as incredible as Williamsburg. There is a good reason why so many people want to buy an apartment in Williamsburg. If you are hoping to be someone to make a home in Williamsburg, you need to make sure you are doing so the right way. That is why you need to contact BARNES New York. We are a team that knows how to traverse the real estate market, even in the hottest parts of the country like Williamsburg. When it comes to finding the place that is right for you, you should trust us at BARNES New York and reach out.  

Contact Us

WhatsApp
en_USEnglish
fr_FRFrench pt_BRPortuguese es_ESSpanish ru_RURussian elGreek it_ITItalian he_ILHebrew nb_NONorwegian en_USEnglish