Tuesday's with Trisha: Three Great Neighborhoods to buy in right now in New York City

Three Great Neighborhoods to buy in right now in New York City

Spring is here, and with warmer temps comes and even hotter Real Estate market. This is the time of year when buyers come out of their winter hibernation and hit the sidewalk running to find their next home. If you’re one of those buyers this post is for you. Here are three great neighborhoods to consider buying in, in New York City.

1.Hudson Yards
For those of you living under a rock, Hudson Yards is Manhattan’s newest and hottest neighborhood. Yes I said neighborhood because the developers of Hudson Yards created the largest private real estate development ever in the US history. The area will boast more than 18 million square feet of commercial and residential space, state-of-the-art office towers, more than 100 shops, and a collection of restaurants
With some of the residential and commercial spaces already complete and more slated to be open next year, buying a residence in this brand spanking new neighborhood is sure to be a great investment. Don’t believe me? Well, the first completed building, 10 Hudson Yard’s is already home to tons of Fortune 500 company’s like, L’Oréal.

2. Washington Heights
The “Heights” may not be a brand spanking new neighborhood like Hudson Yards, but what it lacks in “newness”, it definitely makes up for in value. With some of the lowest price per square foot in the city, Washington Heights is a great place to buying in as a first time home buyer. And, as more and more people are getting price out of the lower Manhattan neighborhoods, the heights would also be a great place to buy investment rental properties.

3. Upper Estate Side
Call it favoritism or bias, I don’t care, the Upper East Side is one of my favorite neighborhoods and would be a great place for your next home purchase.
With the introduction of the second ave Q train line in late 2016, the Upper East Side has never been more accessible and convenient. With a fairly low ppsq average in some parts of the Upper East Side, it’s also quite an affordable place to live. If new construction is what you’re looking for, the Upper East Side has it too. With beautiful new developments like Vitre(link to Vitre blog post), popping up all over the Upper East Side there’s no shortage of “newness” to go around.

If you’re on the market for a new home in these locations or anywhere in the city, please feel free to reach out to us to help you through the process.