Owning a beautiful single family townhouse in Manhattan, the city that never sleeps, is a dream come true for some. It’s really the closest thing to owning your own home in a city of high rises and apartment houses. A townhome requires more care and patience than a condo or coop, but owning one with historic townhouse charm can be very satisfying.
Before Covid, prior to when everyone was relegated to wearing masks, NYC townhouses for sale suffered. However, as social distancing instituted by the Center of Disease Control became the norm, the demand for townhouses in the luxury real estate market as a primary residence exploded.
Everybody wanted to be living in New York City and social distance at the same time. Therefore, sales activity of townhomes was at double the rate of demand for condos or coops and up 50% compared to townhouse demand pre-pandemic levels. Properties near Central Park West and conveniently located Lenox Hill saw significant interest. Townhouses on lovely tree lined streets also attracted many buyers.
If you are planning to purchase a townhouse for sale Manhattan has some of the most exciting townhouses in the US. Whether you want a single-family townhouse or multi-family townhouse where you can receive rental income, you can find a selection of them in the search below. Townhouses near Hudson Riverside Park and on picturesque tree lined blocks are particularly appealing. After the set of listings below, check out the Answers to Frequently Asked Questions about townhouses.
Manhattan NY offers prime locations for townhouses, including areas near Park and Madison Avenues. These locations are highly desirable due to their access to cultural attractions, shopping, and scenic spots.
Many townhouses are situated on picturesque tree lined blocks, especially picturesque tree lined block neighborhood of the Upper West Side. These areas are known for their charm and blend of historic and modern living.
Explore the real estate listings below to find your dream home for sale in Manhattan NY. Whether you are looking for a single family townhouse located in a prime area or a multi-family property, the vibrant and competitive housing market in Manhattan has something to offer.
A Manhattan townhouse for sale is an expensive option, especially for high-end buyers. New York City townhouses are in limited supply, so expect to pay for the luxury. Luxurious properties like the Lenox Hill limestone mansion, known for its original architectural details and prime location near Central Park, cater to high-end buyers seeking elegant urban living.
Selon le rapport Douglas Elliman Townhouse, en juillet 2022, le prix de vente moyen d'une maison de ville à Manhattan s'élevait à 7 millions de dollars, soit 1 500 dollars par pied carré. Ci-dessous, nous décomposons les prix par région de la ville.
Le prix moyen des maisons en rangée à vendre à New York dans le centre de Manhattan était de 9,2 millions de dollars, soit 2 000 dollars par pied carré, la largeur moyenne étant de 21,4 pieds et la taille moyenne de 4 674 pieds carrés.
The average price for a townhouse on the East Side was $10.1M or $1,758 per square foot and the average width was 20.1 feet. East Side townhomes are approximately 1,000 feet larger, hence the difference in price. The Upper East Side is known for its prime real estate, especially those townhouses located within 1 to 2 blocks from Central Park, which can be $20 million and more.
The average price of a townhouse on the West Side was $6.07M, or $1,139 per square foot. The average size clocked in at 5,439 square feet and these townhomes averaged 19.1 feet.
Northern Manhattan skews the total Manhattan average down quite a bit as the average sales price was much lower at $2.2M or $628 per square foot. These were the thinnest and smallest townhomes, at 18 feet and 3,500 square feet respectively.
In the Luxury segment (top 10% of townhome sales), prices averaged $21.3M or $2,710 per square foot and were huge at 8,115 square feet. These homes were the widest, averaging 25.9 feet wide. The entry level price for the Luxury segment was $12.25M. Realty International Corp townhouse listings often highlight these high-end properties, emphasizing their competitive nature in the New York City market.
The average width of a townhouse in NYC is 18 to 20 feet—the wider the townhouse, the more valuable it is. Townhouses wider than 25ft are considered luxury properties and are likely in the Luxury segment when analyzing townhomes. Anything narrower than this is considered hard to sell.
La plupart des maisons en rangée ont une superficie supérieure à 3 000 pieds carrés, certaines maisons de luxe pouvant atteindre 10 000 pieds carrés. La taille moyenne, cependant, est d'environ 4 500 pieds carrés.
Pour :
Owning a townhouse is most similar to having one’s own home in NYC.
La plupart des maisons de ville disposent d'une cour arrière qui permet de se divertir, de jardiner, de faire un barbecue, etc.
Dans une maison de ville, il n'y a pas de voisins à l'étage ou au rez-de-chaussée, alors que vous êtes propriétaire d'une maison individuelle.
Il n'y a pas de conseil d'administration, il n'y a donc pas d'entretien avec le conseil d'administration ni d'approbation requise.
Pas de charges communes ni de frais de copropriété
Niveau élevé de protection de la vie privée
Permet aux résidents de disposer de très grands espaces de vie, certaines maisons de ville pouvant atteindre 9 000 m².
Il est beaucoup plus facile de garder un chien lorsqu'on vit dans une maison de ville, où il peut gambader dans son propre jardin que lorsqu'il est confiné dans une coopérative ou un appartement.
Real estate investors can rent out units in the building and use that cash flow to pay for their mortgage or other cost, even while living in one of the apartments, generating rental income.
La ville de New York étant dépourvue d'espaces verts, les acheteurs de maisons de ville apprécient l'idée de pouvoir disposer de leur propre espace vert dans leur jardin.
Townhouses can be an excellent investment property, providing rental income and potential appreciation in value.
Cons :
Potentially very expensive if the townhome is a historic residence or needs major repairs as costs can’t be shared among other owners. The owner is responsible for every part of the house.
Pas d'équipements tels que centre de fitness, concierge, portier 24 heures.
Les maisons de ville peuvent sembler exiguës à l'intérieur, surtout si elles font moins de 20 pieds de large.
Beaucoup d'escaliers, bien que la technologie actuelle permette d'installer facilement un ascenseur.
If one decides to rent out the property, they will become a landlord and that can be troublesome for some owners.
De nombreux propriétaires devront faire appel à un administrateur de biens pour s'occuper de leur propriété, faute de quoi ils risquent de regretter leur achat. Un bon gestionnaire immobilier peut atténuer le stress lié à la possession d'une maison de 5 000 pieds carrés au milieu de la ville la plus chère du monde.
If one purchases a townhouse with tenants, this can be a real problem. In NYC, rent controlled tenants are impossible to remove from a property. Rent stabilized tenants can’t be removed either, but at least they might leave sooner than a rent controlled tenant.
Dealing with existing lease agreements and tenant rights are perhaps the biggest challenge when buying a NYC townhouse.
Selon les directives de la ville de New York, le propriétaire d'une maison de ville est responsable de l'entretien du trottoir devant sa propriété, ce qui peut également augmenter le coût de l'entretien.
A brownstone is distinguished by the color of its facade, which is a reddish-brown colored sandstone. The majority of brownstones in New York can be found in the Manhattan's Upper West Side, Harlem and Brooklyn. A building that uses a material other than sandstone, such as marble, limestone or brick, is called a townhouse or row house.
Brownstones and Townhouses are multi-story urban houses that are attached or detached. They're built close to the street and sized similarly to the surrounding properties.
Owning a brownstone in Manhattan is a privilege, but renovating one is an ambitious project. They’re versatile investments, but they’re often more than a century old and will need updates.
The cost of living in NYC is very high, therefore, expect the cost of renovations to also be very high. To gut renovate a brownstone or townhouse, expect to spend at least $400 per square foot.
In the luxury segment, we have seen renovation costs to be as high as $1,000 per square foot. Often, brownstones differ from other NYC living in sheer size—an average of 3,200 square feet. This can mean spending millions on a renovation.
In any other city or state, the answer would probably be yes. But, living in New York complicates the answer to this question. But, if you are an investor looking to purchase a property for investment, a NYC townhouse might not be the best option because of some political issues.
Si vous achetez une maison de ville dont le loyer est contrôlé ou stabilisé, ces locataires paient généralement moins que la valeur actuelle du marché. L'achat d'une maison de ville avec un locataire à loyer contrôlé est peut-être la pire chose qu'un acheteur de maison de ville puisse faire, car il paie beaucoup moins que le marché et reste généralement dans l'appartement jusqu'à sa mort.
In New York City, there are new laws that make owning property with certain kinds of tenants a big problem for investors. Rent controlled and rent stabilized tenants pay below market prices for their apartments. The city and state regulate how much an investor can raise the rent each year. Tenant issues can complicate the investment potential of a townhouse, making it less attractive for investors.
En outre, lorsque vous héritez de locataires lors de l'achat d'un immeuble, vous ne savez pas grand-chose sur eux, notamment leur cote de crédit, leur niveau d'actifs, etc. On peut acheter un tas de problèmes et on ne le saura pas avant un certain temps, le temps de voir s'ils paient leur loyer à temps.
No single neighborhood in New York will have everything you want, but they each have something unique to offer. However, when it comes to single family homes, the tree lined Upper West Side, the prime Upper East Side, the happening Chelsea neighborhood, and the historic West Village have the most townhouses for sale. Usually, you will find brownstones in areas that have lovely tree lined street.
A multi-family townhouse is one with 3 or more units. Buying a multi-family townhouse can provide rental income opportunities, making it similar to buying for investment. In this case, the buyer inherits all the existing leases in the building. Therefore, the new owner can’t evict anyone in the building.
There are a lot of tax benefits in buying a multi-family home that is used by the buyer. First, since the owner is an investor, he or she can deduct all the maintenance costs, mortgage interest, insurance costs, property taxes and depreciation. All of these can be offset against rental income, allowing the owner to have negative taxable income in the early years of ownership.
Lors de la vérification préalable à l'achat d'une maison en rangée, les courtiers travaillent en étroite collaboration avec l'inspecteur en bâtiment et l'avocat chargé de la transaction afin de s'assurer que l'acheteur sait exactement ce qu'il achète.
Tout d'abord, la diligence raisonnable consistera à lire les dossiers du Department of Buildings ("DOB") qui indiquent les permis de construire et les violations du code et du zonage. Toute infraction ou tout permis de construire en suspens devra être réglé par le vendeur avant la clôture de la vente.
Second, a home inspection will allow for a visual examination of the property. If one is going to obtain a mortgage, the bank will require a home inspector.
L'inspecteur évalue la construction de la propriété et rédige un rapport sur les éventuelles lacunes. L'un des éléments les plus importants à prendre en compte lors d'une inspection est la modification du logement qui n'apparaît pas dans les registres du DOB.
Souvent, pour faire des économies, un propriétaire peut effectuer des travaux sans faire appel à des travailleurs agréés. En comparant ce qui a été examiné visuellement dans le bâtiment aux registres du DOB, l'inspecteur peut déterminer quels travaux ont été approuvés et réalisés par des charpentiers, des plombiers et des électriciens agréés, et lesquels ne l'ont pas été. Les travaux effectués sans licence constituent un signal d'alarme et risquent de faire échouer la transaction, à moins qu'ils ne puissent être évalués ou indemnisés de manière appropriée.
Si l'inspecteur du logement identifie des défauts, l'acheteur demandera au vendeur d'effectuer des réparations avant la conclusion du contrat. Parfois, le vendeur effectue ces réparations, mais il arrive aussi qu'il refuse de les payer. À New York, la plupart des contrats sont rédigés "en l'état", de sorte que le vendeur n'effectuera probablement aucune réparation avant la clôture.
At that point, the buyer needs to assess whether the repairs are critical to the townhome. If so, the repair costs could lead to further price negotiations or credits at closing.
Étant donné qu'un contrat n'est pas finalisé tant que le vendeur et l'acheteur ne l'ont pas signé, il est possible de disposer d'un certain temps pour procéder à cette évaluation avant même de signer le contrat. Un contrat peut inclure une période d'inspection, ce qui permettrait à l'acheteur de se retirer du contrat après l'avoir signé. Toutefois, cette pratique n'est pas très courante à New York.
A townhouse buyer should definitely engage their own broker when purchasing a townhouse. If you are moving to New York and want to invest in real estate, you should definitely speak to a broker that understands the market, market capitalization rates, and neighborhoods. A broker with market expertise can help identify prospective properties consumers, ensuring that the real estate listings held meet the interests of potential buyers.
The Manhattan real estate market is competitive and complex. For prospective properties consumers, especially buyers of townhomes, this process can be extremely stressful. Financial constraints can present even more hurdles.
L'acheteur et le vendeur d'une maison de ville ont deux objectifs totalement différents : le vendeur veut maximiser le prix qu'il obtiendra pour sa maison de ville et l'acheteur veut minimiser le prix qu'il paiera pour sa maison de ville. Ces objectifs sont totalement opposés et c'est la raison pour laquelle un acheteur ne doit jamais s'adresser directement au propriétaire ou à son représentant (son courtier).
Make sure to use a seasoned buyers broker who has your best interest at heart. Going directly to the seller’s broker is inherently risky and illegal in many states. A buyer’s broker can make a world of difference when buying a home as you will get objective representation.
A good buyer’s broker will always include the expertise of a seasoned home inspector as well as a seasoned NYC real estate attorney (with experience the purchase and sale of NY townhomes), as buying a townhouse will have a whole set of different issues than buying a condo or coop.
While one may not see a New York townhouse for sale on the MLS, it might still be for sale because there are lots of pocket listings in the townhouse market. A good broker will know where to look for off market opportunities and provide transparency about real estate listings held by different brokerage firms.
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