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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.

Where should you buy a house in New Jersey? 

Do you want to buy a house in New Jersey? New Jersey boasts many distinctions, ranging from its musical artists like Bruce Springsteen and Bon Jovi to its immediate access to New York and its rich cultural impact on the United States and the world. Many people are drawn to New Jersey, even if they aren’t entirely sure why. There is just something about the Garden State that attracts people. 

With so much attention and attraction, you can bet that the real estate market in New Jersey can be quite competitive. Finding a home can prove to be quite difficult unless you’ve got some professional help. From Bergen County to Summit to Montclair, Morristown, and beyond, there are many parts of the state that are constantly getting an influx of new people looking to settle down and call New Jersey their home.  

But if you are looking to pack up your things and move to New Jersey, you might feel a bit in the dark. That’s because with so many options and so many locations, there is a lot you need to keep in mind when you are making a new start in Jersey. Today, we are going to look at some of the things you will gain when you come to this state and also things to keep in mind, regarding the money you will spend. 

Moving to New Jersey can be a huge step in your life but it doesn’t have to be tough, as long as you know what you’re doing and what to look for. 

How much does it cost to buy a house in New Jersey? 

Before you make your plans to move to New Jersey, you definitely need to know what you should expect when it comes to the money you will spend to relocate. New Jersey is an interesting state because it has some of the most expensive locations in the country but it is also home to many that are very affordable. 

According to the latest New Jersey Realtors market report, the median sale price for New Jersey single-family houses for sale in 2023 in was $582,500, which was about 16.5% more than the year before.

Homes in New Jersey go quickly too and they do not stay on the market for long. The report also estimated that the average number of days on the market for a home in New Jersey was just 29 days. That means that if you are looking for a residence in New Jersey, you should be ready to move quickly. 

Why buy a house in New Jersey 

While there are certainly states in America that charge a lot more for homes, New Jersey still isn’t very cheap. Therefore, you should know what you’re getting for all that money. Luckily for you, New Jersey is a state that offers an awful lot for residents both new and old. 

New Jersey is a lot more than just being known as “West New York.” Locations like Ridgewood, Englewood, Edgewater, Summit, and beyond can make your life so much better and bring so much joy into your home. New Jersey also offers more space, meaning you will more easily be able to find a place with parking or a garden if that is what you’re looking for.

Dining  

Some of the best restaurants in the country are found in New Jersey. In fact, the annual lists of the greatest eateries in the state are closely monitored and highly-regarded because people know that the cuisine in New Jersey is incredibly fine. 

Morristown’s 1776 by David Burke is one of NJ’s finest and one of the most popular, successful, and sought-after restaurants in America. The same is true for Chez Catherine in Westfield, The Circle in Newton, and Faubourg in Montclair.  

The number of great restaurants in New Jersey is large but always growing. Each and every year, there is a new place that opens and is quickly on everyone’s radar. And the best part about New Jersey is that you can find the finest businesses all over the state. You don’t have to live in just certain parts of New Jersey to enjoy all the delicious dinners it has to offer.  

Location  

Of course, one of the best things about living in Jersey is its close proximity to the heart and soul of New York state: New York City. That is reason enough for many people to make the move to Jersey.  

In some parts of the state, you might only be 20 minutes or less away from Manhattan, Brooklyn, and other parts of our country’s biggest city. But just because you are so close to the city doesn’t mean it always feels that way. There are numerous parts of Jersey that are quiet residential areas that feel light years away from the hustle and bustle of the Big Apple. That is why New Jersey is such an ideal place. You can be within New York in just minutes, but you can also feel comfortable and quiet in new and classic luxury homes. 

Summary 

New Jersey offers an ideal location to buy a house, boasting some of the finest homes in the country. While it has long been known as New York’s little brother, this state has so much to offer with a personality, style, and charm all its own. It will forever be close to the heart of the city but filled with so many great eateries, locations, businesses, beautiful hikes and views, and a culture that is rich. If you are thinking about finding your next luxury home in New Jersey, you should contact us at BARNES New York. Not only can we find a house that is right for you and your family, but we will make the entire process painless.

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Why should you buy an apartment in Chelsea?

If you’ve been looking for a top-notch spot to buy an apartment in New York City, Chelsea is an undeniably excellent choice. This trendy and unique neighborhood is well-known for its stunning art galleries, high-end fashion boutiques, rich culture, and delectable dining options. For these reasons (among others), Chelsea is one of the most sought-after locations for people looking to buy an apartment in Manhattan. 

Whether you’re in the market for a condo or co-op, BARNES New York is here to assist you. Listed below are some of the most compelling reasons why you should consider buying an apartment in Chelsea. It truly is a beautiful neighborhood, and we can guarantee that you won’t regret making the choice to live there! 

What are the benefits of buying an apartment in Chelsea? 

Chelsea is one of the most diverse and exciting neighborhoods in New York City. That much is plain to see! Its thriving art scene and trendy restaurants are just a couple of the reasons why Chelsea attracts people from all walks of life. What makes Chelsea an optimal location for people looking to buy an apartment, you might ask? Check out some of the main benefits of living in Chelsea below. 

Excellent Location  

One of the most notable advantages of buying an apartment in Chelsea is that it’s located in a prime area of the city. Situated on Manhattan’s west side, Chelsea is super close to some of New York City’s most famous landmarks, including the Chelsea Market and the High Line. This particular neighborhood is also well-connected to public transportation, so you’ll have no trouble getting around the city if you reside in this area. 

Vibrant Culture  

Chelsea is home to some of the most extravagant art galleries in the world, including the Gagosian and David Zwirner galleries — so if you’re an art fanatic, this neighborhood would be absolutely perfect for you. Chelsea’s galleries attract art lovers from all over, making this part of the city an absolute hub of creativity and culture. This neighborhood also boasts a vibrant nightlife scene. It boasts numerous bars, clubs, and music venues to suit all tastes, ensuring there’s something for everyone.

Luxury Amenities 

If you’re looking to live in a luxury apartment, Chelsea has plenty of great options to choose from. Chelsea’s apartments offer a blend of old-world charm and modern amenities in beautifully restored pre-war buildings and new developments. These residences often include fitness centers and scenic rooftop terraces, ideal for luxurious living.

Tight-Knit Community 

Chelsea has a strong sense of community, and its residents will often come together for special events and activities. From community gardens to neighborhood cleanups, there are plenty of opportunities for Chelsea residents to get involved and give back. Additionally, many of the co-ops in Chelsea have active boards that foster a sense of community. This ensures well-maintained co-op buildings for those seeking to reside here.

Fabulous Restaurants 

Chelsea is especially known for its diverse culinary scene. Fine dining restaurants in Chelsea — such as Zou Zou’s and the Sea Fire Grill, are known for their elegant ambiance, impeccable service, and sophisticated cuisine. These restaurants use top-quality, often locally sourced ingredients to craft unforgettable, innovative dishes with exquisite flavors and textures.

Excellent Shopping 

Chelsea is an absolute haven for shoppers. The primary Chelsea shopping district, around Fifth Avenue and Madison Avenue, hosts flagship stores for numerous luxury brands. Chelsea Market, a historic indoor market, offers a unique shopping experience with artisanal food stalls and craft shops.

It’s a Great Investment 

Buying an apartment in Chelsea is also quite a smart investment. The neighborhood has seen significant growth and development over the past few years, and many new luxury apartments have been built recently. It’s also worth mentioning that many apartments in Chelsea appreciate in value at an exceptionally quick rate, which means investing in an apartment here could potentially be quite lucrative. The median sales price in October 2023 was $1,663,450 and the price per square foot was about $1,966.*

*Data from UrbanDigs.

Should you buy a Condo or a Co-op in Chelsea? 

There are several key distinctions to bear in mind when purchasing a co-op or condo in Chelsea. The great thing about buying a condo is you’ll have greater control over your apartment and personal living area. You also won’t have to go through the co-op board approval process in order to make repairs and upgrade your apartment. 

That said, if you’d like to own a co-op in Chelsea, there are some definite advantages, such as a lower cost of living. In comparison to condos, co-ops sometimes have stricter rules and restrictions, but this tends to help maintain a greater degree of quality within the building, so it’s definitely worth it. 

Summary 

Chelsea offers a unique and attractive lifestyle that’s hard to find anywhere else in New York City. If you’re looking for a place to call home that offers both urban convenience and a strong sense of community, then Chelsea might just be the perfect neighborhood for you. Take your family to an art gallery or check out some of the shops at Chelsea Market, and see for yourself! If you’d like assistance acquiring an apartment in Chelsea, you shouldn’t hesitate to reach out to BARNES New York. Contact us today for more information! Our team of real estate experts will be happy to answer any questions or concerns you might have. 

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Why should you buy an apartment in Brooklyn Heights?

Of all the locations in New York City, few areas have as much culture, entertainment, and opportunities as Brooklyn Heights. Once a location that few people really paid attention to, Brooklyn Heights has blossomed a lot over the years and is now one of the most beloved and popular parts of town.  

It is close to Manhattan, Brooklyn, Queens, and is filled with wonderful businesses, restaurants, parks, and many other features that make it an ideal place to live in.  

People who haven’t lived in Brooklyn Heights before may not be sure what it is that makes this part of town so enticing and exciting. They might also not know what to look for in terms of price, location, and companies that they want to live next door to.  

The truth is that there’s a lot to know – and be excited for – when it comes to Brooklyn Heights. There are many reasons why so many people are eager to move from all over the country to this unique and special part of New York. Let’s take a deeper look at what Brooklyn Heights has to offer you and your future. 

How much does it cost to live in Brooklyn Heights?

If you want to buy an apartment in Brooklyn Heights, there are many things to keep in mind. That is also true if you want to buy a condo in Brooklyn Heights or buy a co-op in Brooklyn Heights. Obviously, the biggest and most pressing things that people focus on is the price of living there. 

Brooklyn Heights, which was one of the first neighborhoods that people experience when passing over the Brooklyn Bridge from Manhattan, is a very popular option. Its location near the East River provides gorgeous views for residents and also pretty high price point too.  

The cost of living in Brooklyn Heights varies but the median sales price as of October 2023 is about $1.3 million with a price per square feet an average of $1,508 per sq.ft., while the median rent for tenants is typically about $6,150*. It is important to note, however, that some prices are much, much higher than that depending on the type of property.

*Data from OLR

Why buy an apartment in Brooklyn Heights? 

There are so many reasons to have interest in living in Brooklyn Heights that finding just a few to highlight can be very difficult. The truth is that this part of New York City has a plethora of options for anyone looking for the best in food, entertainment, and culture as well. 

One of the best things about Brooklyn Heights is that it’s just a single subway or ferry stop away from the hustle and bustle of downtown Manhattan. In fact, most commuters have noted that it takes no more than 30 minutes to get from Brooklyn Heights to the heart of the city. At the same time, it is very quiet and often feels like a million miles away from such a busy part of town. That duality of proximity to the city with its quiet neighborhoods makes Brooklyn Heights enticing and well worth the commute for plenty of people.  

Dining

Brooklyn Heights has made a name for itself as one of the premiere locations when it comes to food in the Big Apple. Whether you are looking for a fancy dinner or a quiet night out with friends or family, Brooklyn Heights has you covered.  

Vineapple Cafe is a bright and colorful restaurant where you can enjoy delicious soups and sandwiches for dinner or lunch. Dellarocca’s is perfect for those hankering for brick over pizza while Colonie is a high-end New American eatery that will create memories and happy tummies.  

Other restaurants offer a variety of French, Italian, and American meals. And don’t forget the plethora of both high-end and affordable coffee shops that will provide you with yummy drinks, great atmosphere, and a great place to make company.  

Shopping 

It doesn’t matter what you’re looking to buy, you can find it in Brooklyn Heights. Montague Street, for example, has a slew of great and memorable shops that you can spend hours in. But there are countless other places you can spend your money, from the well-known to the more unique and under the radar.  

Fulton Mall, which is technically part of Brooklyn, is one of the hot spots in the area that provides a bunch of places for you to look and spend. It is multiple blocks of businesses that feature brands such as Express, American Eagle, Banana Republic, The Gap, and others. TJ Maxx and Nordstroms Rack have also planted their flags in this part of town.  

Many tourists and city residents spend all day in Brooklyn Heights window shopping or spending cash in the finest boutiques and stores.  

Culture

From Brooklyn Bridge Park to the Brooklyn Heights Promenade, Cadman Plaza Park, and more, there are plenty of lively locations throughout this part of town that have plenty to offer. You will find plenty of parks, clubs, and other places where you can meet new people, make friends, and create a small community of your own.  

Summary 

Living in Brooklyn Heights can be a very rewarding and exciting move for you to make when you are making your home in New York. There is just so much to do and see that you’ll never run out of fun times to be had. If you really want to buy an apartment in Brooklyn Heights, you should contact our experts at BARNES New York. For years now, we have learned everything there is to know about Brooklyn Heights and all of New York. We will walk you through the entire process and help you find a house that truly feels like a home. It doesn’t matter if you’re looking for an apartment, condo, penthouse, or townhouse in Brooklyn Heights, it is vital that you contact us today! 

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How can BARNES New York help you in your real estate journey?

There are hundreds, if not thousands of real estate brokers in Manhattan alone. When looking at the entire state of New York, there are endless real estate broker choices. When investing in a new home, ensure you choose the right real estate broker for you.

That’s why BARNES New York can help you. BARNES offers expert brokers throughout New York to help you find your dream home.

This guide details why BARNES is one of New York’s top real estate broker. 

Where can BARNES New York help me find a property? 

BARNES can help people find property all over the state of New York. While Manhattan is a main focus because it has the most amount of buyers, there are several other places around the state where BARNES can show you some amazing properties.

Here are the main focus areas: 

  • Manhattan. Let BARNES help you find your new home or apartment in TriBeCa, Lower Manhattan, Midtown, Union Square, Greenwich Village, SoHo, Chinatown, The Lower East Side, and many other places! Just let us know the type of property you’re looking for and your budget.  
  • Brooklyn. Brooklyn is more than just Brooklyn’s downtown itself. You can also find some great apartments and homes in Williamsburg, Dumbo, Brooklyn, Heights, Park Slope, and several other places depending on what amenities you want to be close to.  
  • Queens. Queens is a great place in the state for those who want to be a little outside the city while staying a short distance from Manhattan. You can get a great place in Long Island City, Astoria, or Sunnyside.  
  • The Hamptons. While many people just have their summer home in the Hamptons, there are also other people that are looking to live here full-time. No matter what’s bringing you to the Hamptons, BARNES can help you find great real estate in the area.   
  • Westchester. If you’re looking for a little bit of a less stressful life, Westchester is the area for you. There are many cities in this area that are quickly growing, which means you can find many of the same amenities that you would in New York City while enjoying more space.
  • Connecticut. Connecticut, often referred to as the “Constitution State,” is a small, picturesque state in the northeastern suburbs of New York City, known for its rich history and scenic New England landscapes, offers a quiet and green environment to get away from urban living.

While we cover a wide range, our experts specialize in specific areas, ensuring you work with a knowledgeable professional in your desired location.  

Where should I buy a property with BARNES New York? 

BARNES New York is always working in the strongest real estate markets in the state. With a strong team of experts, we help our clients find the best places for sale in the market.  

Working all over the state, BARNES New York is able to help you buy or rent property virtually anywhere you want.  

If you aren’t sure where you want to live, you can let us know what kind of environment you are searching for and we can advise you on an area we think is best for your needs.

If you want something new that no one else knows about, BARNES is always ahead of the game knowing where all the new developments are located.  

What if I’m looking for something other than an apartment or home? 

Some luxury real estate companies only focus on apartments or homes. While this works fine for some clients and brokers, there are many people all over New York that are searching for more than just a home or apartment.  

This is where BARNES comes in!  

If you’re searching for a huge investment like a castle property in the countryside, BARNES specializes in selling famous chateaus all over the world.

Get ready to step back in time and find one of these historical and luxury castle properties. You’ll feel like you’re in a fairytale. Most of the castle properties are in the French regions. So, although you’re getting out of the state of New York, BARNES can still help their clients find properties all over the world.  

Here are some of the other great things BARNES real estate brokers and salespersons can help you find both in New York and all over the world: 

  • Vineyards. BARNES real estate brokers are experts in both finance and wine when it comes to finding you the perfect vineyard. Their portfolio for the wine industry is extensive. Even if you are in the wine industry, BARNES can help you find the perfect place to begin your business.  
  • Yachting. Some people just use yachts for their vacation time, but there are others that enjoy living on their yachts full-time. BARNES has over 30 years of experience finding people yachts as well as helping you get space to service and keep your yacht all over the world.  
  • Art Advisory. Art advisory is a professional service that assists clients in buying, managing, and appreciating art. It includes art acquisition, market research, collection management, diversification, investment advice, negotiation, auction representation, market insights, curatorial services, and appraisals/authentication. Art advisors help clients navigate the art world and make informed decisions.
  • Business Jets. BARNES helps you fly to any destination on a private jet for your convenience, whenever and wherever you want!

Can BARNES New York help me manage my property?

Yes. Our specific property management department, BARNES International Management (BIM), can help you with real estate assets and property management. We offer quality property management and on demand services to all owners and investors owning a property as secondary home or residential investment in the New York and Miami area, with on site, trusted contact.

What if I want to sell or rent?

BARNES does not just focus on helping people who buy properties. We can also help those that are more interested in selling or renting. Not everyone wants to buy property in New York, so many of our experts just focus on renting to those that are looking to only stay in the state for a short while and who want to test out a few neighborhoods before settling down.

Buying is a big commitment, so if you prefer renting to test the neighborhood’s suitability for long-term living, we will gladly assist you.

Why should I choose BARNES New York to sell my property?

If you want to sell your beloved home or property, you will need to find a great listing broker. Look no further than BARNES. New York has tons of brokers to choose from when it comes to putting your home on the market. You should ensure a broker understands your home’s value to secure the deserved selling price. 

BARNES excels as New York’s top real estate broker by providing meticulous care to any sale properties.

BARNES New York can help ensure you get an amazing sales associate to make the selling plan unique to your property. With this custom approach, you will find that your property gets countless interested buyers willing to give you the price you are asking for.  

Our real estate salespersons have a personalized approach to selling that includes: 

  • Exposure to Multiple Listing Services so that everyone gets a detailed description of the property 
  • Folder for presenting the property to the interested audience members  
  • All properties are featured on the BARNES international website and therefore also get exposure in places like the New York Times and Trulia 
  • Publication in the BARNES Magazine, distributed internationally in more than 180,000 copies
  • Property featured in the BARNES newsletters which has more than 50,000 readers and in dedicated local databases

With these personalized approaches, BARNES New York will help you sell your property with care and trust.

Can BARNES New York help me find new developments?  

If you are undergoing an acquisition project in a new development, you will need to find a broker to help you with your primary residence, secondary residence, or rental investments in a new development.

Finding the best developers can be challenging, but BARNES New York has access to top developers, ensuring you’re in good hands.

Hiring a broker is especially important for the developing process because they are better able to negotiate for you. They can get the best purchase price and carrying costs for you.  

Finding a brand-new apartment in a new development building in New York has many different benefits. Hiring a broker can maximize your profits with their deep knowledge of New York’s real estate markets.

Here are some of the benefits BARNES can offer you when searching for new developments in New York:

  • Finding you the best rental potential and opportunities for resell  
  • Best materials and the best chances for energy efficiency so your utility bills are on the low side  
  • Discounts from the purchase price as well as negotiation from the purchase price, carrying costs, and transaction fees  

Summary

It is hard to find the top real estate broker in New York. Whether renting, selling, or buying, BARNES associates and brokers have the expertise you need!

But we also offer more than just homes and apartments. We offer a wide panel of investment properties, vineyards, and castle properties, as well as yachting and art advisory services.

Contact us today for a consultation. We would be happy to find you the best home or apartment. Let us help you today! 

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Why should you buy an apartment in Astoria?

If you are looking for a place to call home in New York City, there may be one neighborhood to consider. Astoria is a neighborhood located in Queens. What makes it so popular is that it has a blend of city life and small town charm. 

If you are looking for houses for sale in Queens, the Astoria real estate market may have something in store for you. After all, you’re in one of the most culturally diverse boroughs in the entire city. You might even find yourself spending more time here than in Manhattan or any of the other boroughs. 

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

It’s close to Manhattan 

If you work in Manhattan, you’re going to enjoy a short commute. Thus, it would make a ton of sense to live in Astoria. You’ll be close to several major highways and subway stations. 

With a robust transportation system, you can easily get around any corner of the city. You don’t have to have a car to get around. You’ll be surprised how much ground you can cover just by being in New York City alone. 

Buses and subways are any New Yorker’s best friend. It might be yours even if you move to Astoria.  

There are plenty of housing options 

If you are looking for housing options, Astoria has quite a few. You can buy a condo in Astoria if you are looking for something that is a bit upscale and something you can call your own. 

Otherwise, consider the idea to buy a co-op in Astoria. A co-op is similar to condos. The only difference is that you own shares in the company that owns the entire building. You need to follow the rules and regulations set by the co-op board. You’ll find a home that will fit your critical needs and preferences. Whether it’s a one-bedroom apartment or a single-family home, you can find something in Astoria that will match your affordability. 

One thing to keep in mind is the home prices. The home value in Queens is around $620,000 as of October 2023.* 

*Data issued from OLR

You are closer to air travel than ever 

Queens is the home base for LaGuardia and John F. Kennedy International Airport. If you are looking to hop on a domestic flight, LaGuardia has plenty of them (as does JFK). However, if you are a bit of the world traveler type, Kennedy is the go-to option.

You might even consider traveling to Newark if you think you can get a good deal on flights departing from there. Otherwise, you won’t be far from a jet that you can take off in. From your front door, you can go just about anywhere in Astoria. 

Summary

Astoria may be one of the most popular neighborhoods in Queens and for good reason. With its close proximity to Manhattan and diverse culture, you’d be hard-pressed to find a neighborhood that you can be proud to live in. 

Do you want to buy an apartment in Astoria? It’s easy – just contact a real estate agent who can be able to help. Contact us today and we’ll be able to find you a place that you can call home for years to come. 

Don’t miss your chance to live in one of the best neighborhoods in New York City.  

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Where to buy a brand new apartment in Manhattan? 

New York City is home to more than 8 million people and it’s definitely one of the most exciting and attractive places on Earth. From entertainment to business to travel and so much more, New York City is the center of it all. And Manhattan is the center of New York City, meaning it’s the most popular and important part of the most popular and important city in the country.  

Manhattan has it all. Some of the best restaurants in the world, a number of terrific entertainment venues, amazingly historic apartments, townhouses, and homes of all types, and so much more. If you want to have your finger on the pulse of the nation and culture, you should be living in this borough, where you have the opportunity to buy a brand new apartment in Manhattan. 

But if you want to plant your flag in this specific spot in New York, you need to know a few things. You need to be aware of how much you’re going to pay, and you’ll definitely need to be aware of what part of Manhattan you want to reside in. Then and only then you will be able to truly start making plans and getting comfortable with the idea of living in Manhattan. 

Buying a brand new apartment in Manhattan can be a tricky process, especially if you want to get a 2023 New Dev Manhattan residence. Our guide will help you learn a few important things that you should have in mind before you make the major move. 

How much does it cost to live in Manhattan? 

Since it is one of the most sought-after parts of New York City, you can bet that buying a brand new apartment in Manhattan won’t be cheap. No matter the state of the economy, people are always flocking to Manhattan looking for new apartments to claim. 

The median sales price for New Developments in Manhattan is $1.9 million, with a price per square foot of $1,999 as of September 2023*. That is considerably more expensive than many other parts of the country, of course, but it’s well worth it for a number of reasons. In fact, people are willing to spend much more than that just to make Manhattan their home, in a brand new building.

*Data from UrbanDigs

Why Move to Manhattan?

There are so many great reasons why moving to Manhattan makes sense for millions, including the opportunity to buy a brand new apartment in Manhattan. For many, the location is ideal because of its proximity to the heart of the business world. For decades now, Manhattan has been an industrial powerhouse and many Fortune 500 companies have locations in Manhattan. 

Other people want to stay in Manhattan because it is filled with amazing restaurants and the highest-end cafes in the country. Others reside in Manhattan because of their love of Broadway and entertainment.  

Where should you live in a brand new apartment in Manhattan? 

Hudson Yards

Hudson Yards is a modern and vibrant neighborhood located on the west side of Manhattan in New York City. This recently developed area is known for its sleek, high-rise architecture, making it one of the city’s most contemporary districts. The neighborhood is centered around the Hudson Yards development project, which includes a striking collection of skyscrapers, luxury residences, high-end retail shops, and fine dining restaurants. New Developments are being built at an impressive rate in Hudson Yards, and the Median Sales Price as of September 2023 is of about $8.38 million.

The crown jewel of Hudson Yards is “The Vessel,” an impressive interactive art installation and landmark that offers panoramic views of the city. The High Line, a unique elevated park built on a historic rail line, runs through the neighborhood, adding greenery and outdoor space for residents and visitors. Hudson Yards has quickly become a hub for fashion, culture, and commerce, making it a must-visit destination for those seeking a taste of modern New York City.

Lower East Side and East Village

The Lower East Side of Manhattan is home to the Williamsburg Bridge, East River Park, the Tenement Museum, and so much more. Located right next to the East River, it’s one of the most exciting parts of New York City. Because of this, these neighborhoods have witnessed an influx of new residential developments, particularly along the East River waterfront. If you plan to make your home in a new building in the Lower East Side, plan to be spending upwards of $1.18 million.

Lower Manhattan

This area, including the Financial District and Battery Park City, has seen significant growth with new residential and commercial developments. The World Trade Center complex is a notable part of this redevelopment, contributing to the revitalization and transformation of this historic neighborhood.

Luxury apartment buildings and condominiums have been constructed to accommodate the increasing number of residents seeking a downtown lifestyle with proximity to the Financial District and the waterfront. With a median price per square foot of $1,368, and a median sales price of $1.8 million, Lower Manhattan can be attractive thanks to parks and cultural amenities, making it a desirable waterfront community.

Summary 

Manhattan is one of the hottest parts of New York City, one of the hottest cities on Earth. Because of that, finding an apartment in Manhattan isn’t always easy. That is why you should contact BARNES New York if you want to buy a brand new apartment in Manhattan when you are making plans to move to the City. You don’t need the stress of the process and instead should just rely on our experts, who know the ins and outs of the market and will make the entire process painless.  

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What is the average home price in Queens? 

If you’re flying into New York City, one of the first places you’ll encounter is most likely Queens. This New York City neighborhood features two of the largest airports that greet people in the area. So, if you’re looking to move to an area that’s the epitome of the New York City lifestyle, Queens is the place for you. Plus, Queens is rich with history and American icons. 

Finding a home in Queens can be pricier than looking at other big cities in the United States. Unfortunately, New York City is known for exorbitant prices whether you’re eating out or looking for a place to stay. The housing market in this area is no different from the rest of the higher living costs. However, you can balance this out by finding a job in New York City that pays enough to live comfortably. 

So, are you interested in finding a place to live in Queens but don’t know where to start? We will discuss the average home price in Queens based on location, size, and home features. Our guide can help you make a seamless move to New York City. 

How expensive is it to live in Queens? 

The reasons for getting a property in New York City are obvious. There are plenty of places to work, eat, and hang out in the city that never sleeps. You can get apartments, condos, townhouses, and penthouses when you live in Queens. There’s no limit to the type of investment properties you can find while looking through realtor listings. It’s also important to pay attention to the neighborhood you choose, so you and your family feel comfortable in your new home. 

The location of your Queens home can have a huge impact on how much you’ll pay for the purchase. For example, if you’re looking for a house that’s close to the action, then you’ll spend much more than a house on the outskirts of the city. Many people are looking for a house that’s within walking distance from New York’s finest attractions, or at least close to a subway station.

As of September 2023, the median sale price for homes in Queens is $478,000* but varies significantly based on the features that come with the home. For example, if you want to purchase an apartment that’s high up, so you have a beautiful view of the city, that will cost you more. Neighborhoods like Malba, Queensboro Hill and College Point, as well as Hunters Point, right across from Manhattan, are among the most expensive areas in Queens.

*Data from PropertyShark

What neighborhood should you live in? 

Whenever you choose a place to live in New York, it’s important to consider all of the neighborhoods in the area you’re interested in. The neighborhood you choose should be suitable to your home life and close to places you enjoy. For example, you might prioritize living in a neighborhood close to work over neighborhoods offering other features. 

Plenty of people live in Queens and seek the suburban lifestyle. Having a relaxing place to start a family is a great way to feel confident about life ventures. However, no matter where you live in Queens, there are plenty of ways to access the urban parts of NYC. So, you can enjoy the peace of living in a quiet neighborhood, like Forrest Hills, or choose a neighborhood close to Manhattan, like Astoria. 

The Queens neighborhood that works best for you depends on your financial situation and the places you visit most often. Astoria is one of the most popular neighborhoods in Queens because it’s the easiest way to access the big city parts of New York City. However, plenty of people prefer a quiet environment over convenience. Finding a property for sale in Queens is easy, depending on your neighborhood. 

What is the average price of a Queens penthouse? 

So, are you looking to buy a property in Queens? One of the most popular options for Queens real estate is the penthouses. You can enjoy the beautiful views offered by these penthouses as soon as you wake up in the morning. This type of property overlooks some of the most vibrant places in New York City and nearby. 

The median sales price in Queens for a penthouse fluctuates depending on the neighborhood. Some neighborhoods go for higher values than others in New York City, which isn’t too surprising. However, the most expensive Queens condo listed as of early 2023 was almost $5 million. They can get pricey depending on the features they offer, especially for luxury living. 

* Data from The Wall Street Journal

What is the average price of a Queens townhouse? 

Another popular way to enjoy living in Queens is to get a townhouse. People enjoy these types of properties because they can feel more traditional than other types of NYC properties. The amount you’ll spend on a Queens townhouse is usually around $752,000, but the price changes a lot depending on features and location. People feel comfortable living in a townhouse because it offers classic suburban living. 

What is the average price of a Queens condo or coop? 

People who value convenience over other aspects of Property buying love living in a condo. It’s common for condos to offer a local gym, meeting halls, and central locations. However, you can purchase a luxurious condo in Manhattan or one that has the bare minimum for your comfort level. The median cost for Queens real estate that surrounds condos is $685,000 as of September 2023, while the coop market started at around $293,000.

Summary 

So, are you ready to buy a property in Queens based on this information? There is no shortage of things to do in Queens, and you can reap the benefits of a suburban lifestyle. There are several neighborhoods you can choose from, and are our team of experts will gladly assist you with the decision. We are familiar with the Queens area and dedicated to helping our clients. Contact us today for a consultation so we can help you get the Queens real estate property of your dreams. 

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Why should you buy a house in New Rochelle? 

New Rochelle is a city located in Westchester County, New York. Its nickname is the ‘Queen City of Sound’, which gives homage to the vibrant and diverse community. It offers plenty of green spaces and all kinds of housing options.

This includes luxury apartments, villas, mansions, and so much more. If you are looking for a place to call home, New Rochelle could be what you’re looking for. Let’s take a look at some of the reasons why you should buy a house in New Rochelle.

Close proximity to New York City 

New Rochelle is situated 16 miles north of New York City, meaning that it is close to all kinds of cultural and economic opportunities. It offers a relaxed suburban lifestyle. 

If you are someone that loves the balance of hustle-bustle and peace-quiet, then you might be impressed with New Rochelle. Its rich history, local events, and festivals that go on throughout the year are also worth checking out.

Proving that you don’t always have to go to New York City to find something to do. You might find it just outside your front door in New Rochelle. Plus, if you’re looking to buy a house in New Rochelle, you’re in the right place.

Property values have appreciated in recent years 

If you are purchasing a property such as one of the many houses in New Rochelle, there’s good news. The property values here have appreciated in recent years. Thus, it would make for a great long-term investment. 

Westchester County as a whole has one of the highest median household incomes in the nation. Furthermore, it has a strong job market and plenty of excellent educational opportunities. The current median home value in September 2023 in New Rochelle is $675,000, which shows a 12% increase from last year.

Plenty of luxury apartments 

New Rochelle has seen a surge in new developments recently. This includes a large number of high-end apartment buildings and condos. Many of them boast excellent views of Long Island Sound and easy access to many of New Rochelle’s amenities.

Let’s not forget, you may also be within a short distance of public transit, including transportation options that can take you straight to New York City, other towns in Westchester County, and beyond. If you are a young professional looking for a place, luxury apartments in New Rochelle may be the best option.

Numerous houses

As such, there are plenty of options for those who prefer houses in New Rochelle. These include historic homes and modern new builds. The older homes in the city are either Colonial-style or Victorian.

These are charming homes with wrap-around porches, fireplaces, and stained glass windows. There are other homes with larger lots that will allow for much larger green space. The house you want may depend on the critical needs and preferences you may have.

One house may be suitable for one individual while another may be fitting for homeowners with families. There’s always something for almost everyone when it comes to houses. 

It has villas and mansions as well 

If you are looking for something a bit more high end, it’s possible to find an option among the many villas in New Rochelle. These properties include plenty of amenities including private pools, large gardens, and numerous bedrooms and bathrooms. 

The same can be said about the mansions in New Rochelle. You can find one in an exclusive neighborhood and get the best in seclusion and privacy. Whatever fulfills your personal needs and preferences, a villa or even a mansion may be something you’re looking for. 

You might find that luxury living might be right up your alley. There are plenty of options for you including the amenities that will fulfill all your preferred needs and wants. Don’t miss out on those opportunities. 

It’s got all kinds of transportation options

As mentioned, New Rochelle is one of the cities where you can easily access NYC and other areas. Metro-North Railroad and Amtrak are two rail transportation networks that run through New Rochelle.

Aside from NYC, you can also use the rail system to get to places within Westchester County and in neighboring Connecticut. Wherever you need to go, you can easily get there via New Rochelle. 

It should be noted that you’ll also be able to easily access the three major airports in the NYC metro area. All three airports (LaGuardia, Kennedy, and Newark) will offer domestic flights. However, if you are planning on traveling internationally, Kennedy and Newark are your options. 

Interstate 95 runs through New Rochelle. If you need to travel on a major highway, you will be able to easily hop on and get to where you need to go. With a robust transportation system, you can get to almost anywhere via New Rochelle. 

Summary

New Rochelle may be one of the best cities in Westchester County to call home. You’d be hard-pressed to find the home of your dreams anywhere else. With so many options to fit your budget, you’re bound to find something. 

Don’t miss out. Contact us today and discover what this vibrant city has to offer, whether you’re looking to buy a house in New Rochelle or explore other housing options. 

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What is the New York City real estate market like?

Even if you have never been there before, you are surely aware that there are few cities in the world like New York City. The biggest city in America is also one of the most beloved and recognized on all of Earth. From business to nightlife to culture to restaurants and more, New York City has it all.  

It is one of the most popular places in the world and that means that it has one of the most famous real estate markets too. The real estate market in New York City is known as a good barometer for the entire country and world. When real estate in New York City becomes more expensive, it often signals a trend that will impact other major cities worldwide.

There is a lot to know about buying real estate in New York City. It’s unlike any other city on Earth because of the various things you need to keep in mind. Just saying you want to move to New York City isn’t enough. You should know the location, type of residence, benefits, and more.

But investing your money in the New York City real estate market is almost always a good idea. It has pushed through some of the toughest world events ever – including over the last few years. This proves that, even in the worst of times, the New York City real estate market is strong and will always bounce back. The resilient New York City market is a compelling reason to consider investing in it, whether you seek a home for sale or apartments for sale. 

Let’s take a deeper look into the current state of the market in the city that never sleeps. Is now a good time to buy into New York City real estate, either as someone wanting to move there or someone wanting to invest? What other things should you be aware of when you are contemplating a move as big as this one? 

How much does it cost to buy into New York City Real Estate? 

According to UrbanDigs, Manhattan’s median home prices were down about 3.3% in the month of September 2023 compared to the previous year. The median sale price for a house in Manhattan was $1,152,066 and was on the market for about 75 days. The median sale price per square foot in Manhattan is $1,438, down 0.7% since last year. 

Brooklyn is seeing a different trend, with a per square foot of about $976 in September 2023, showing a 2.2% increase from last year. The median sale price also rose to $961,000, a 0.9% increase year-over-year.

The market is primed for someone, even a first time buyer, to make a mark on the New York City real estate market. With prices dropping, you will be able to spend less money. And with the amount of sales reaching a ten-year low, the market place is filled with locations that are ready to be grabbed up. It is important to note, however, that the supply of homes right now is historically low. 

From luxury apartments, single-family buildings, condo, townhouses, penthouses, and beyond, New York is ready to offer something at the lowest prices it’s had in ages.

Why should you buy homes in New York? 

Besides favorable pricing, there are numerous reasons to invest in the current New York City real estate market, not solely due to affordability.  

New York City is a cultural mecca that has something to offer just about anyone who moves there. Whether you’re a theater-goer, a business person, a family man or woman, or just someone trying to set off on your own and live your life, you will have plenty to do and enjoy in New York. This is one of the reasons why it’s the most populated city in all of America – people love living there. 

Here are just a few things that should convince you that moving to New York or buying property there is a great idea. 

The Location

It goes without saying but New York City truly is at the center of everything in many ways. 

New York City is home to Broadway, where the finest plays in the world are performed to adoring crowds. It is also the center of the business world, with many Fortune 500 companies making their homes in NYC. But beyond that, New York is a place where cultures from all over the world mix together and live in harmony. With this, you are able to witness events that you wouldn’t see anywhere else, try cuisine that is mouth-watering, and experience different world views.  

Plus, one of the best things about living in New York City is that you can enjoy these things from any part of it. Because of the great public transportation system in place, you can visit any part of the city with ease. 

The Resale Value 

Right now, the prices and demand for houses in New York City are at a low. However, it won’t always be that way. As it always does, the New York City real estate market will rebound and the prices will go up in time.  

That will help you in the long run because your resale value will grow in the next few years. A home that you buy now will be worth even more, and will garner you an even higher price point. For those who look to buy real estate as a smart investment choice, buying in New York City right now might be one of the smartest. 

The Strength of the Market 

New York City has been through a lot since its founding hundreds of years ago. From world wars, terrorist attacks, pandemics, and more, New York City and its real estate market has always stayed steady and held fast and then grew again. 

There are few cities that have proven their resilience like New York and few real estate markets like theirs too. Despite worsening market conditions in New York, the city’s strong history and evidence of resilience instill confidence.

Summary 

There are very few cities in the world like New York City. From the offerings of food, culture, public transportation, business, and more, there really is something for everyone in the Big Apple.  

The truth is that the New York City real estate market is going through a period of change. Some of the biggest indicators of the market are at decade lows, which raises the alarm for some people. Despite surface appearances, there’s a significant opportunity in the New York City market, particularly for investors.

If you feel that now is the right time for you to buy into New York, you should call upon our expert team at BARNES New York. From New York City and beyond, we know the most intricate and minute details that should be paid attention to. 

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Why should you buy an apartment in DUMBO?

DUMBO is a very popular and blossoming neighborhood in Brooklyn, and that means that the price of living there has gone up over the years. This guide will teach you everything you need to know if you want to buy an apartment in DUMBO. 

DUMBO has become one of the most popular parts of Brooklyn but it still remains a hidden treasure for many. In fact, many people in New York don’t even know where this region of town got its name from. 

The truth is that DUMBO stands for “Down Under the Manhattan Bridge Overpass.” The idea of living near one of the most popular and busy bridges in the country might not sound appealing to some, but it’s actually one of the best neighborhoods in town. That is why finding an apartment for sale in DUMBO or the act of buying a condo in DUMBO or buying a co-op in Dumbo is harder than ever for some.  

Once a best-kept secret, DUMBO has become more and more popular, especially over the last few years during the COVID-19 pandemic. But DUMBO isn’t the cheapest part of town, and demand for nearly any apartment, townhouse, or penthouse in the area has skyrocketed seemingly overnight. Therefore, you need to know what you’re getting into when you start house-hunting in this region. There are many things to keep in mind and look out for, which is true when you’re attempting to make a home in any part of Brooklyn. 

Let’s have a deeper look at all that DUMBO has to offer and why should you buy an apartment in DUMBO. It might have a somewhat silly name but there is nothing silly about how great this area is. 

How much does it cost to live in DUMBO? 

DUMBO was becoming increasingly more popular a few years ago but its popularity exploded during the COVID pandemic.  

That demand for this specific location has meant that the price of living has also gone up. The more people look to move to DUMBO, the more they are charged. It now costs more to live in DUMBO than it ever has before. 

According to UrbanDigs, the median sales price market-wide in DUMBO in August 2023 was $1.59M. Supply also showed a 22% decline compared to last year. The median rent for an apartment with one bedroom is about $5,150 a month. If you are looking for a two-bedroom place in DUMBO, you should expect to spend at least $6,800 a month. 

As you can see, the price of getting your foot in the door of DUMBO isn’t cheap. But that’s because there is just so much that makes this region great.  

Why buy in DUMBO? 

Living in DUMBO comes with many rewards. Firstly, you are sure to find a location that is both modern and vintage at the same time. It will be convenient, refurbished, and very trendy too. But there is more than just that that makes DUMBO a part of the city that you should pay attention to and invest your money in. 

Dining 

You will have no shortage of places to eat good meals and wet your whistle when you move to DUMBO. The River Cafe, for example, is high-end and stunning and has provided great dishes for more than 40 years. Ample Hills Creamery is not only a wonderful spot to enjoy some yummy treats but is also a museum too. And no self-respecting New Yorker can go long without a delicious slice of pizza like the type you can get at Juliana’s. 

One of the best things about the eateries in DUMBO is that they come with amazing views. Most of the restaurants in the area are just walking distance from the stunning, historic Brooklyn Bridge. 

Culture 

Like in all parts of Brooklyn, you will have great tastes of local culture when you move to DUMBO. The location has been blossoming lately with wonderful places for open mic nights, concerts, book readings, and so much more.  

In fact, there are a plethora of things to do in DUMBO and you will always have something fun and exciting on your schedule after moving to this part of town. And one of the best things about DUMBO is that most everything is within walking distance of wherever you are living. And when you are walking from one place to another, you will surely stumble upon countless other businesses and places that you want to visit soon.  

Shopping 

Since DUMBO is one of the hippest parts of town, there are a lot of great, small, fun, and unique shops that will keep you busy and happy. From the more high-end to the more quirky and fun, like Natchie, Glam Expressway, and more.  

No matter where you shop in DUMBO, you can be sure that you’ll be offered the latest and greatest in fashion and accessories. Additionally, if you are looking for businesses that are more well-known and familiar to you, you will also be in luck because DUMBO has a bunch of companies and brands that everyone loves as well.

Summary

DUMBO is now one of the most exciting and sought-after areas of Brooklyn. With that demand comes a high cost, which is all the more reason you should be sure that you’re getting the apartment, condo, or co-op of your dreams. You can do that by calling upon our team at BARNES New York if your dream is to buy an apartment in DUMBO. We have the experience, the expertise, and the skill to find you a home that feels unique and tailor-made for you.  

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