Buying landed property in Manhattan

 

Interested in landed property or a townhouse in Manhattan? These are the pros and cons of owning a house in Manhattan (as opposed to a condo).

Read article, Buying landed property in Manhattan, New York

Townhouse walkthrough

Townhouse walkthrough this morning.  This is a brownstone building in excellent condition.  We even went back to have lunch within the same block of the property 1 hour later.

Buying a townhouse in New York

Process for buying a townhouse in New York.

Our clients who decide to buy a townhouse in New York realize the advantages of owning a building include having potential air rights, owning the land and having substantially larger space than owning an apartment.  A client may decide to buy a single family townhouse or buy a small multifamily building where they have primary residence in one unit and have other apartments within the building rented out for investment income.

New York City economy improving, townhouse sales up 61%

Summary from two Crain's articles:
1.  Crucial business services sector expanding.  Large corporate tenants (law firms and information based companies) seeking 250,000+ sqft office space having bidding wars.