The Manhattan neighborhoods – from Uptown, Midtown, to Downtown – are some of the most premier places to live in all of New York City. While there are many high-end areas in Manhattan, each different neighborhood has its own special charm that you have to take into account when buying a Manhattan property. Whether you’re looking for Tribeca real estate or Chelsea luxury condos, here’s a guide to pick from some of the best top-end areas in NYC.
That’s why today I’ll be focusing on three of the most high-end neighborhoods in Manhattan: Greenwich Village, Tribeca, and Chelsea. All three of these neighborhoods have unique attributes that make their properties great real estate investments. Now, part of their appeal is their proximity to other boroughs like Hell’s Kitchen, Harlem, SoHo, and other famous Manhattan neighborhoods, but their housing markets are the ones that are booming and for good reason. Keep reading to understand the appeal of Greenwich Village homes for sale, Tribeca Real Estate, and Chelsea luxury condos.
Greenwich Village Homes for Sale
Historically, Greenwich Village has been an artistic, bohemian haven. It was also the birthplace of the LGBT+ movement. That rich culture has influenced the area to this day. Nowadays, the area is known for its restaurants (never miss out on Bleecker Street Pizza), its nightlife, and the stunning NYU campus and educational programs.
People also come from around the world to wander the streets and experience its unique, eclectic architecture. If you want to explore the true heart of the area, though, head to Washington Square Park. That’s where you’ll get your best sampling of this neighborhood and decide if Greenwich Village is for you.
With homes for sale up to $28 million, the Greenwich Village homes for sale are often luxurious, unique pieces of historical New York City that you can purchase and call your own.
Tribeca Real Estate
Tribeca real estate is prime for local lawyers, judges, and even celebrities, making it one of the most expensive areas in Manhattan. Its homes can reach staggering price heights up to $78 million. This area is affluent, bougie, and the definition of glamourous. Many people in the neighborhood even have doormen, proving how luxurious it can be.
As far as the real estate here, Tribeca properties are known for their impressive industrial architecture and great views. For example, if you own Tribeca real estate, you can walk down a few quick blocks to check out multiple famous Manhattan buildings, as Tribeca includes both the famed Henry J Hardenbergh’s Textile Building and the Powell Building. You can even use the local architecture to inspire your own interior design, giving your own apartment, townhouse, condo, or home a unique Industrial decor.
For entertainment, you can enjoy the Tribeca Film Festival each year, and explore the Hudson River Park and Washington Market Park at your leisure. You can even take the nearby Holland Tunnel to enjoy a weekend trip at the New Jersey beaches. There’s also space for families and academia here, too. You can send your kids to Stuyvesant High School, one of Manhattan’s nine specialized schools.
Chelsea Luxury Condos
In the center of Midtown and Downtown, the Chelsea neighborhood offers the best of both worlds. For families, it has some of the best private, public, and parochial schools, and it boasts a below-average crime rate. For city-lovers, it offers countless outdoor markets, art galleries, and the famous Chelsea Piers and High Line.
If you’re not satisfied with what’s in Chelsea, its central nature makes a quick subway ride over to Hell’s Kitchen, Garment District, and many other nearby neighborhoods super easy. This area is also very friendly to the LGBT+ community, with some of the most renowned gay bars in Manhattan.
Real estate investment opportunities
However, if you’re in it for the investment, you have quite a few more decisions to make about a Manhattan property. If you’re handy, you can turn a more run-down home into a multi-million dollar luxury flip, or you could flex your interior design skills and turn a luxury condo into a high-end rental or vacation home. Whether you use AirBnB or more traditional renting methods, your Manhattan home could become a weekend get-away into glamorous New York living. According to Airbnb, the average price for a night in Manhattan is $425, so renting out your property to vacationers could become a very profitable business. Whatever route you pick, it will be a valuable investment. After all, New York housing prices are always growing.