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.
Secondo il rapporto Douglas Elliman sulle case a schiera, a luglio 2022 il prezzo medio di vendita di una casa a schiera a Manhattan era di 7 milioni di dollari o 1.500 dollari per piede quadrato. Di seguito riportiamo i prezzi suddivisi per regione della città.
Il prezzo medio delle villette a schiera in vendita a NYC nel centro di Manhattan è stato di 9,2 milioni di dollari o di 2.000 dollari per piede quadrato, con una larghezza media di 21,4 piedi e una dimensione media di 4.674 piedi quadrati.
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 maggior parte delle case a schiera supera i 3.000 metri quadrati, con alcune case a schiera di lusso che raggiungono i 10.000 metri quadrati. La dimensione media, tuttavia, è di circa 4.500 metri quadrati.
Pro:
Owning a townhouse is most similar to having one’s own home in NYC.
La maggior parte delle case a schiera ha un cortile sul retro che permette di divertirsi, fare giardinaggio, fare barbecue, ecc.
In una villetta a schiera, non ci sono vicini al piano superiore o inferiore rispetto a una casa unifamiliare.
Non c'è un consiglio, quindi non è necessario un colloquio o un'approvazione da parte del consiglio.
Nessun costo comune o quota HOA
Alto livello di privacy
Permette ai residenti di avere spazi abitativi molto ampi, visto che alcune case a schiera possono raggiungere i 9.000 metri quadrati.
È molto più facile tenere un cane quando si vive in una villetta a schiera, dove può girare nel proprio giardino piuttosto che essere confinato in una casa o in un condominio.
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.
Poiché NYC è priva di spazi verdi in tutta la città, gli acquirenti di case a schiera amano l'idea di poter avere il proprio spazio verde nel giardino di casa.
Townhouses can be an excellent investment property, providing rental income and potential appreciation in value.
Contro:
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.
Non ci sono servizi come centro fitness, portineria, portiere 24 ore.
Le case a schiera possono sembrare anguste all'interno, soprattutto se sono larghe meno di 6 metri.
Molte scale, anche se la tecnologia attuale consente di installare facilmente un ascensore.
If one decides to rent out the property, they will become a landlord and that can be troublesome for some owners.
Molti proprietari dovranno ingaggiare un property manager per prendersi cura della proprietà, altrimenti potrebbero finire per rimpiangere l'acquisto. Un buon property manager può alleviare lo stress di possedere una casa di 5.000 piedi quadrati nel mezzo della città più costosa del mondo.
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.
Secondo le linee guida della città di New York, il proprietario della casa a schiera è responsabile della manutenzione del marciapiede antistante la proprietà, che può anche aumentare i costi di manutenzione.
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.
Se acquistate una casa a schiera con inquilini a canone calmierato o stabilizzato, questi inquilini di solito pagano meno dell'attuale valore di mercato. L'acquisto di una casa a schiera con un inquilino a canone calmierato è forse la cosa peggiore che un acquirente di una casa a schiera possa fare, perché paga molto meno del mercato e di solito rimane nell'appartamento fino alla morte.
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.
Inoltre, quando si ereditano gli inquilini quando si acquista un edificio, non si sa molto di loro, compreso il loro punteggio di credito, il livello patrimoniale, ecc. Si potrebbe acquistare una serie di problemi e non lo si saprà per un po' di tempo, finché non si vedrà se pagano l'affitto in tempo.
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.
Quando si effettua la due diligence per l'acquisto di una villetta a schiera, i broker lavorano a stretto contatto con l'ispettore della casa e l'avvocato della transazione per assicurarsi che l'acquirente sappia esattamente cosa sta comprando.
In primo luogo, la due diligence comprende la lettura dei registri del Department of Buildings ("DOB") che mostrano i permessi di costruzione e le violazioni del codice e della zonizzazione. Eventuali violazioni o permessi di costruzione aperti dovranno essere affrontati dal venditore prima della chiusura.
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.
Un ispettore domestico valuta la costruzione dell'immobile e redige un rapporto su eventuali carenze. Uno degli elementi più importanti da considerare in un'ispezione domestica sono le modifiche apportate all'abitazione che non risultano dai registri DOB.
Spesso, per risparmiare, il proprietario di un'abitazione può eseguire lavori senza l'ausilio di personale autorizzato. Confrontando ciò che è stato esaminato visivamente nell'edificio con i registri del DOB, l'ispettore della casa può identificare quali lavori sono stati approvati e realizzati da falegnami, idraulici ed elettricisti autorizzati e quali no. Il lavoro non autorizzato è una grande bandiera rossa e probabilmente farà saltare un accordo a meno che non possa essere adeguatamente valutato o compensato.
Se l'ispettore della casa individua delle carenze, l'acquirente chiederà al venditore di effettuare le riparazioni prima della chiusura. A volte il venditore provvede a tali riparazioni, ma altre volte può rifiutarsi di pagarle. A New York, la maggior parte dei contratti è scritta "così com'è", quindi è probabile che il venditore non aggiusti nulla prima della chiusura.
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.
Dal momento che il contratto non è finalizzato fino a quando il venditore e l'acquirente non lo firmano, ci può essere un po' di tempo per fare questa valutazione prima ancora di firmare il contratto. Un contratto può includere un periodo di ispezione, che consentirebbe all'acquirente di uscire dal contratto dopo averlo firmato. Tuttavia, questo non è molto comune a 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'acquirente e il venditore di una casa a schiera hanno due obiettivi completamente diversi: il venditore vuole massimizzare il prezzo che otterrà per la sua casa a schiera, mentre l'acquirente vuole ridurre al minimo il prezzo che pagherà per una casa a schiera. Questi obiettivi sono completamente opposti e sono il motivo per cui un acquirente non dovrebbe mai rivolgersi direttamente al proprietario della casa o al suo rappresentante (il suo broker).
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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