New York State is one of the hottest real estate centers in the United States. Within the Empire State the most vibrant housing market exists within the New York City metropolitan area. With so many neighborhoods to choose from, finding a home in the Big Apple can be confusing. Fret no more as we guide you through some of the best places to buy a home in New York City.
Greenwich Village, Manhattan
Greenwich Village is a beautiful neighborhood located on the west side of Lower Manhattan, nestled between Broadway to the East and the Hudson River to the west. The area has a deep cultural significance within the state and even the entire nation. It is the birthplace of the Beatnik movement, that contains The Stonewall Inn (a National Historic Landmark with great significance within the gay rights movement) and tons of historic entertainment hotspots like the Blue Note Jazz Club, Joe’s Pizza, and Olio e Più.
Median listing home prices in the area are currently at about $1,435,000. This may seem pricey but is quite affordable for a New York City neighborhood that offers all the great features of Greenwich, like excellent schools, an urban feel with an artistic environment, and historic brownstone homes with ample greenery great for raising a family. And also help in real estate investment.
Riverdale, Bronx
Riverdale is a lively neighborhood in the northwestern part of the Bronx and has an estimated population of about 48,000 residents. The area was named after its hilly region’s numerous streams, brooks, and meadows.
Riverdale is one of the most affordable and lovely places to live in the Bronx, and here you’ll find a great variety of cheap houses for sale in New York city. Some of the cultural and entertainment hotspots in the region include Wave Hill Public Garden & Cultural Center, the Liberty Science Center, and the New York Botanical Garden. The area is also known for having a strong educational presence with top-rated kindergartens, elementary schools, middle schools, high schools, and several private universities, including Manhattan College, Monroe College, and College of Mount Saint Vincent.
Williamsburg, Brooklyn
Brooklyn has long been one of the most intriguing boroughs within New York City, with great outdoor spaces, historic landmarks, and a bustling urban scene. Williamsburg lies at the heart of all this action and has a population of about 151,308 residents, according to the last census in the area. The median housing prices listed within the area are about $960,000. In terms of transportation and commuting, the J, M, and Z subway lines all support the areas well, as well as Williamsburg Bridge, which connects the region to the Lower East Side in Manhattan.
Williamsburg has always been considered a hip area and has undergone a significant amount of gentrification over the past few decades to create a vibrant nightlife, fine dining, and entertainment zone, as well as a well-known figure in the contemporary art scene. These hotspots include the Museum of Pizza, the City Reliquary, the Williamsburg Art & Historical Center, the Black Flamingo nightclub, and much more.
DUMBO, Brooklyn
With a reputation as colorful as its name (an acronym for Down Under the Manhattan Bridge Overpass), DUMBO is certainly a wonderful place to buy a home within the Big Apple. The area boasts of a population of only 1,139 people according to the 2010 census, making it by far the smallest neighborhood on the list in terms of the number of people. However, whatever the area lacks in population, it more than makes up for in spirit.
It has been consistently ranked as one of the top ten buyers markets in the Big Apple and offers everything from waterfront views of Manhattan and its iconic converted warehouses, which offered an existing new twist to the neighborhood. Median housing prices within the area are on the upside, with most listed houses going for over $2 million.
However, you can rest assured that the area offers numerous benefits like access to the open green spaces which are so coveted within the city, a favorable transportation network supported by the A/C or F trains, as well as bike lanes and ferries, and lots of hip entertainment spots like The River Café, Brooklyn Historical Society, DUMBO House, Empire Fulton Ferry State Park, and much more.
Buying a home in New York City can be a huge change for many people, especially if you are not used to city life or are moving. However, finding a home within New York City does not have to be a challenge. Choosing the right neighborhood can make or break your New York City experience, so it’s important to know what you’re looking for ahead of time and do your research.
