There are a number of reasons why someone may want to buy an apartment in the Upper East Side. This guide will take you through these reasons as well as some considerations to take into account.
If you’re looking to live in a neighborhood with a vibrant culture and authentic New York City vibes, you truly can’t go wrong with moving to the Upper East Side in Manhattan. This iconic neighborhood features historic buildings, elegant dining and shopping experiences, stunning views, and more.
Those who are new to New York City might be wondering what it’s like to live in the Upper East Side. We can confidently say that the Upper East Side is a fantastic neighborhood that has plenty to offer in terms of art, culture, food, and amenities. Whether you decide to buy an apartment in Yorkville or a luxury condo in Lenox Hill, you’ll be making the right choice.
If you’re thinking about buying an apartment in this area, there are a few things you should take into consideration — namely the cost of living, the general atmosphere, the neighborhood you want to live in, and the access to certain amenities. Let’s go over some of the main reasons why you should buy an apartment in the Upper East Side.
How much does it cost to live in the Upper East Side?
There are plenty of beautiful apartments for sale on the Upper East Side — from small studios to large multi-bedroom units. These properties offer lots of exciting features and amenities, including modern kitchens and bathrooms, and outstanding views of the Manhattan skyline. With endless options to choose from, you should have no problem finding your dream apartment!
However, it’s important to note that the cost of living is higher in the Upper East Side than it is in most places. The average Upper East Side condo might cost around $2.15 million (As of August 2023*), but if you’re looking to buy a co-op, you should be able to get away with paying around $922,000. It’s definitely an investment, but the benefits of homeownership (as well as the benefits of having the bustling city right outside your window) make it well worth it.
*Data from UrbanDigs
Why buy in the Upper East Side?
There are plenty of great reasons to buy an apartment in the Upper East Side. No matter what you’re looking for, you’re bound to find something that meets your expectations. This particular area is known for its elegant architecture and world-class museums. The Upper East Side offers top-notch restaurants and gorgeous parks.
It’s also home to some of the best shopping in the city, so if you’ve been itching to go on a spree, the Upper East Side is definitely the right place for you. Whether you’re a young professional looking to live in a vibrant neighborhood, a family, or a retired couple seeking a peaceful oasis in the heart of the best city in the world — the Upper East Side truly has something to offer everyone who lives there. Let’s take a closer look at some of the main reasons people buy apartments in the Upper East Side below.
On the Upper East Side, there’s cuisine to suit every taste. No matter what you’re craving, this district’s plethora of fine dining choices guarantees that you won’t be let down. Are you looking for an eating experience that will truly blow your mind? The Upper East Side is sure to exceed your expectations. Many upscale restaurants with exquisite dishes and white-glove service can be found in this affluent neighborhood, so come on down!
Your inner shopaholic is sure to thrive in the Upper East Side. It goes without saying that the Upper East Side offers an abundance of rich, top-notch shopping centers and specialty grocery stores. This neighborhood is an absolute retail hotspot, and it’s especially known for its luxury boutiques and stylish department stores. The Upper East Side is an absolute godsend if you’re looking to find the most up-to-date styles and brands. Whether you’re shopping for shoes, dresses, purses, sports gear, cosmetics, or food, you’re destined to find something you love alongside Fifth Avenue shops.
Museums and Culture
If you’re an art fanatic, look no further than the Upper East Side to get your art fix. Living in this part of the city means having easy access to world-class, renowned museums — such as the Goethe Institute and the Metropolitan Museum of Art. Make a day trip out of traversing the Upper East Side’s many museums, and enjoy the rich culture New York City has to offer.
Enjoy the outdoors
Just because you live in a big city doesn’t mean you can’t enjoy the outdoors once in a while. The Upper East Side’s renowned Central Park is a major draw for people wanting to invest in an apartment there. Hiking trails, bicycle routes, birdwatching, and playgrounds are all widely available in Central Park. The calmer, more serene center and northern parts of the park are typically preferred by the locals over the busier, more tourist-friendly southern areas of the park.
While all Upper East Side residents have easy access to Central Park, there are many other beautiful parks you can visit if you want to enjoy the outdoors and fresh air. The Upper East Side is filled to the brim with parks, sports venues, waterway paths, and gardens that are ideal for unwinding after a long day’s work.
As you can see, living in the Upper East Side is an absolute dream come true! If you’re ready to start your search for the perfect apartment on the Upper East Side, you should consider working with BARNES New York. Our experienced agents will be more than happy to help you navigate the complexities of the real estate market — from finding the right property to negotiating the best deal. There are plenty of apartments, condos, and co-ops for sale, and we would love to have a consultation with you when you’re ready to find your dream home. Contact us today to learn more!