Looking for a 1-2 Bedroom Apt in NYC

[Anonymous]

Thoughts on pricing for purchase or rental?

I'm a little flummoxed at the cost differentiation by neighborhood TBH. I've seen a 535K one-bedroom in Park Slope vs a $1.2M one-bedroom in Tribeca and its hard to tell why there's such a value difference. Do I want UWS vs UES? Soho vs Tribeca? Manhattan vs Brooklyn?

https://streeteasy.com/building/706-sackett-street-brooklyn/3l

https://www.trulia.com/homes/New_York/New_Yor...St-New-York-NY-10013

[Anonymous]

Are you the dude who was picking between NYC and DC? You need to RENT first in NYC. Actually, scratch that. You need to go up and spend a week just walking around and getting to know different neighborhoods. That you don't know why Park Slope might be cheaper than Tribeca means you simply don't know enough to even start a real estate transaction.

[Anonymous]

Anonymous wrote:Are you the dude who was picking between NYC and DC? You need to RENT first in NYC. Actually, scratch that. You need to go up and spend a week just walking around and getting to know different neighborhoods. That you don't know why Park Slope might be cheaper than Tribeca means you simply don't know enough to even start a real estate transaction.

Yes, I am. And I'm pretty sure I will rent but that doesn't mean I can't also research the market as well.

[Anonymous]

Anonymous wrote:Are you the dude who was picking between NYC and DC? You need to RENT first in NYC. Actually, scratch that. You need to go up and spend a week just walking around and getting to know different neighborhoods. That you don't know why Park Slope might be cheaper than Tribeca means you simply don't know enough to even start a real estate transaction.

+100 Absolutely rent first in NYC. You don't sound like you know the neighborhoods and they are all very very different.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Are you the dude who was picking between NYC and DC? You need to RENT first in NYC. Actually, scratch that. You need to go up and spend a week just walking around and getting to know different neighborhoods. That you don't know why Park Slope might be cheaper than Tribeca means you simply don't know enough to even start a real estate transaction.

Yes, I am. And I'm pretty sure I will rent but that doesn't mean I can't also research the market as well.

Ok, but you need to start not on DCUM but on your feet. You need to figure out what kind of NYC neighborhood you like, where you plan on going and how much time you want to spend on the subway. Are you planning to bring a car? That's a major consideration. I know you can work from anywhere, but if you mean you are working from home, then you are going to want to find a neighborhood that's got stuff you like, because you are going to be there. A LOT.

Do you have some NYC friends you can go up and visit? Have them give you a little tour?

[Anonymous]

The basic maxim in real estate applies. Location, location, location. Not sure why you'd expect them to be similar at all.

[Anonymous]

Also: https://www.brickunderground.com/blog/2013/01...fore_relocating_here

http://www.businessinsider.com/advice-moving-to-new-york-city-2016-6

https://www.thrillist.com/lifestyle/new-york/...move-to-nyc-mistakes

[Anonymous]

Every neighborhood is different. What specifically are you looking for? What are your interests?

[Anonymous]

Anonymous wrote:Thoughts on pricing for purchase or rental?

I'm a little flummoxed at the cost differentiation by neighborhood TBH. I've seen a 535K one-bedroom in Park Slope vs a $1.2M one-bedroom in Tribeca and its hard to tell why there's such a value difference. Do I want UWS vs UES? Soho vs Tribeca? Manhattan vs Brooklyn?

https://streeteasy.com/building/706-sackett-street-brooklyn/3l

https://www.trulia.com/homes/New_York/New_Yor...St-New-York-NY-10013

Unless I’m not seeing the correct links, these are almost the same price per square foot.

[Anonymous]

It's so hard to judge real estate by internet listings in a place like NYC. Things don't always sell for close to listing price.

You should go visit and meet with a realtor in Tribeca ( since you keep bringing up that neighborhood), someone in Brooklyn and maybe upper west. That way you can get a feel for different neighborhoods. But ultimately you should rent for at least 6 months! you will know so much more in 6 months.

I would choose Chelsea/WestVillage/Tribeca if I was going to live there. I love this area and there is a lot going on. Of course these areas are very expensive!

You really can't judge by price per square foot either. How close is the place to the subway? Does it have a parking space? How many baths? any outdoor space? Is it a walkup or elevator building? There are SO many factors that affect price in NYC.

[Anonymous]

Anonymous wrote:Every neighborhood is different. What specifically are you looking for? What are your interests?

I live in Logan Circle now but own in Georgetown as well. I'm looking for neighborhood(s) with those vibes - lots of amenities and stuff to do, great walkability, parks/trees, groceries, restaurants, bars, all within the neighborhood. I don't want to have to have catch a train if I don't have to or drive to pick-up stuff.

For a place to live - a mid to high rise with an elevator (no walk-up), laundry in-unit, doorman if possible. I would love to just to get a peek of people's lives there and their past experiences renting and living in their favorite neighborhoods. Thanks!

[Anonymous]

Anonymous wrote:It's so hard to judge real estate by internet listings in a place like NYC. Things don't always sell for close to listing price.

You should go visit and meet with a realtor in Tribeca ( since you keep bringing up that neighborhood), someone in Brooklyn and maybe upper west. That way you can get a feel for different neighborhoods. But ultimately you should rent for at least 6 months! you will know so much more in 6 months.

I would choose Chelsea/WestVillage/Tribeca if I was going to live there. I love this area and there is a lot going on. Of course these areas are very expensive!

You really can't judge by price per square foot either. How close is the place to the subway? Does it have a parking space? How many baths? any outdoor space? Is it a walkup or elevator building? There are SO many factors that affect price in NYC.

Noted - this is helpful, thanks.

[Anonymous]

Are you single, married, kids? Chelsea is a lot of fun and you can walk everywhere. The UWS is more family oriented. Check out related rentals for luxury rentals.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Every neighborhood is different. What specifically are you looking for? What are your interests?

I live in Logan Circle now but own in Georgetown as well. I'm looking for neighborhood(s) with those vibes - lots of amenities and stuff to do, great walkability, parks/trees, groceries, restaurants, bars, all within the neighborhood. I don't want to have to have catch a train if I don't have to or drive to pick-up stuff.

For a place to live - a mid to high rise with an elevator (no walk-up), laundry in-unit, doorman if possible. I would love to just to get a peek of people's lives there and their past experiences renting and living in their favorite neighborhoods. Thanks!

You plan on having a car in the city?

[Anonymous]

When we lived in nyc we parked our car at a garage in harlem for $300 a month. Then when we needed it for a weekend trip etc.. we would just take a cab to it and head out of the city. Just an idea!

I think you would like Chelsea. Closer to W village would be awesome. The only thing you don't have access to is Central Park ( i mean you can get there you just have to take subway...it's not at your fingertips), but you can walk/run on the high line or along the river. Lots of restaurants, bars, shops. IT's really a convenient place with a good vibe. West Village is my favorite location but it's harder to find a place there and it will be smaller. And I like Tribeca too, but i think Chelsea/W village has a busier vibe and it sounds like you would like that.