The best districts of New York for purchase of the real estate
New York is the city of the rented real estate, about 70% of all objects are given for life or business. And, if outside the megalopolis people try to possess own square meters, then here, in New York, a situation opposite. Money and investments adjust local orders on the of manners therefore invested funds in purchase of housing can great be repaid. And, the amounts of future dividends will strongly vary from the purchase purposes. Lease or private use with the subsequent resale - what aims are pursued by you?
Many years Manhattan, Brooklyn and Queens remain the best areas for purchase of the real estate in New York. Exactly here the cost of housing is highest and profitable. Yes, not a secret that for purchase even not of the not biggest apartment in New York, it is possible to lay out several million dollars, but old residents know - it is worth it. Square meters on Manhattan will be in the price for a long time. It is important to know about some features of local market and not to allow to cheat itself. Experts in sale of the foreign real estate of AWAY REALTY will tell how to insure themselves from the wrong decisions.
So, let's consider in more detail where and for how many it is possible to purchase the real estate in New York. Historically the city is divided into 5 Boro - Manhattan, Brooklyn, Staten-Aylend, Queens and Bronx. The last is considered the most available in a question of acquisition of housing. But, if earlier this area was considered not as the most safe, then now the situation changes. City authorities promote strengthening of the new status of Bronx as quiet and cozy place for life. And even prudent builders developed the interest on the North and the best sites for construction begin to look after.
Besides, realtors predict small recession at housing cost in Bronx for 2017. And, if now average price for apartments is about 195,878 dollars, then in the nearest future there can be a decrease by 5%. Most concerns also the prices of lease of housing. So, now a great time to speculate a little in differences in cost. Programs for construction of affordable housing in Bronx gain steam and already very soon the popularity of this real estate can quickly increase. Modern Americans are not disturbed any more by need to pass couple of additional stops for the sake of the good apartment in the quiet district. Therefore what was not demanded couple of decades ago becomes the powerful participant of the real estate market now.
Brooklyn is the area where there are a lot of Russians that it is possible to live several years there and never to hear the American speech. The well-known Brighton the Scourge and the biggest Russian community are in America exactly here. Real estate price in Brooklyn is higher, than in Bronx, but it is simpler to live to the Russian person here. Excellent infrastructure with shops, schools, restaurants where it is possible to buy usual products and goods, without feeling any language barrier. To purchase apartments in New York and at the same time to feel" as houses" for a number of immigrants is an invaluable opportunity to avoid excess difficulties for itself and all family members. In terms of further increase in prices, Brooklyn, as well as any other area of the main world financial center, is definitely profitable. Investments will be justified, both in terms of long-term leasing, and in terms of further resale. The area continues to be built up, the prices grow so purchase of the real estate at rather low cost (in comparison, for example, with Manhattan) will be competent and far-sighted investment of capital.
Note the interested buyers, the real estate in the Region of Uilyamsberg (Boro Brooklyn) fell in price because of the news connected with the future closing of the whole branch of the subway conducting to the area a little recently. Repair work had to drag on for one and a half years, but as report news, perhaps it will be possible to reduce this period to 15 months. Thus, it is possible to speculate not bad in differences in the price. While housing cost in Uilyamsburg loses positions, it is possible to manage to purchase what after opening of the subway will be much more expensive.
Good news to those who look after three-room apartments in Brooklyn. According to reports of local real estate agency, recently Americans often purchase 1-and 2-roomed apartments of the big area for the purpose of further re-equipment. With respect thereto, sales of 3-roomed apartments strongly fell that affected their cost.
The second in density of population district of New York - Queens. Here about 2,350,000 people live. Locals most often associate themselves with some specific area and if to ask the question "Where Do You Live?", in reply it is possible to hear very concrete address, but not abstract "In Queens". When choosing the real estate in this area it is necessary to know that here the most large number of communities - Asians, Irish, Hawaiians, Filipinos, etc. But it is important to understand that areas often change - there is a mixture, traditional for the city.
The income of residents of Quincy is approximately equal to Brooklyn therefore in terms of lease, it is possible to count on approximately identical level. The solvency of local is rather high. The best areas for purchase of the real estate in Queens those that are most closer to border with Manhattan, including regions of Cambria Heights and Laurelton. In the past it is old African areas which turned into safe and prosperous now.
Generally that Brooklyn that Queens is dormitory areas with rather low cost on the real estate and if you are going to organize serious business or you dream purchase of an elite penthouse, then the road lies to Manhattan. Exactly here all chic and gloss of New York is concentrated.
Tribeca, Soho, Little Italy and Civic Center - treasured areas where most of all the most expensive real estate in the world (over 2 million dollars) was sold. And for exclusive objects hunters, there is no place more interestingly, than a so-called "number of billionaires" stretched from 8 Avenue to Park Avenue. Apartment cost can reach improbable cost here. So in the most expensive skyscraper of New York - One 57, sold apartments for 91 million dollars. By the way, in our catalog the unique apartment in the same house is provided. 415 sq.m at height of bird's flight overlooking the Central park sell for 27, 928, $000. For obtaining detailed information, please, call +7 495 258 88 66 or leave the application on our website.
For purchase of more available real estate in New York on Manhattan, pay attention to the region of Yorkville. Here the cost of small one-room apartment will vary around 500-600 thousand dollars that it is much more pleasant than the amount of several million dollars for the same number of meters, but in more prestigious area.
Since the beginning of 2017 some falling of the prices in Middletown, Carnegie-Hill and Lenoks-Hill and therefore, planning purchase in the near future is observed, it is possible to count on receiving a pleasant discount. Projects of an odnoetazhna of houses with a penthouse http://z500proekty.ru/doma/tag-odnoetazhnie/tag-proekty-domov-s-mansardoy.html in Moscow
Special attention is deserved by purchase of a commercial real estate in New York. The financial megalopolis guarantees stable demand of rented rooms if they are in large business centers and shops. The cost of lease of only one square meter can reach $15,000.
Certainly, the most demanded areas for purchase of such objects are on Manhattan and also in Brooklyn and Quincy. Yes, initial investments are very big, but also the amount of future dividends will break all records.
While New York remains the most demanded and sold city in the world, purchase of the real estate will cost much, sometimes fabulously expensively here. But the reason for such rates one - demand and the prices steadily grow, and consumer capability surprises with the scope. The only resource which in this case can bring is a free earth which cost grows too every year, having an impact on all aspects of the real estate market.
The AWAY REALTY catalog offers the huge choice of relevant base selling apartments, houses, penthouses and other real estate in New York. More than 16 years we help investors and private buyers to fulfill a dream and to competently invest money in profitable projects.
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