This week, readers visited Brick Underground to read about how the pandemic has changed buying a New York City apartment as an investment. There are discounts in the sales market, but renting it out won't bring in the same income it once did—and cap rates are even lower than usual, so be prepared to sit on your investment for at least five years.
Neighborhood Central Harlem East Harlem Hamilton Heights Harlem Hudson Heights Inwood Manhattan Valley Morningside Heights Mt Morris Park Sugar Hill Washington Heights West Harlem Upper West Side Upper East Side Upper Manhattan Midtown West Midtown East Downtown Battery Park City Central Village Chelsea Chinatown Civic Center East Village Financial District Flatiron Gramercy Park Greenwich Village Little Italy Lower East Side Lower Manhattan Murray Hill Kips Bay Noho Nomad Soho Tribeca Union Square West 30S West Village Brooklyn Bay Ridge Bedford Stuyvesant Bensonhurst Boerum Hill Brooklyn Brooklyn Heights Bushwick Canarsie Carroll Gardens Clinton Hill Cobble Hill Columbia Street Wd Crown Heights Ditmas Park Downtown Brooklyn Dumbo Dyker Heights East Flatbush East New York East Williamsburg Flatbush Flatlands Fort Greene Gowanus Greenpoint Greenwood Manhattan Beach Midwood Park Slope Prospect Heights Prospect Lefferts Prospect Park South Prospect-Lefferts G Red Hook Redhook Seagate Sheepshead Bay South Slope Sunset Park Vinegar Hill Weeksville Williamsburg Williamsburg N Side Windsor Terrace Queens Astoria Belle Harbor Briarwood Corona Elmhurst Far Rockaway Flushing Forest Hills Forest Hills Garden Forest Hills Gardens Howard Beach Hunters Point Jackson Heights Kew Gardens Long Island City Rego Park Sunnyside Bronx Bedford Park Bronxdale Concourse Concourse Village Fieldston Fordham High Bridge Kingsbridge Marble Hill Morrisania Mott Haven North Riverdale Norwood Riverdale Soundview South Riverdale Spuyten Duyvil University Heights Westchester Square Locust Valley Long Beach Upper Brookville
Price up to $500,000 up to $750,000 up to $1,000,000 up to $1,250,000 up to $1,500,000 up to $2,000,000 up to $3,000,000 up to $5,000,000 up to $6,000,000 up to $7,000,000 up to $8,000,000 no maximum
Bedrooms studios or at least 1 bedroom at least 1 bedroom at least 2 bedrooms at least 3 bedrooms at least 4 bedrooms 5 or more bedrooms
Bathrooms at least 1 bathroom at least 1.5 bathrooms at least 2 bathrooms at least 2.5 bathrooms at least 3 bathrooms at least 3.5 bathrooms 4 or more bathrooms Presented by
Also of interest: A look at the New York City neighborhoods where buyers are getting the best deals during the pandemic.
Here, in full, are this week's most popular posts.
How the pandemic has changed buying a NYC apartment as an investment
The NYC neighborhoods where buyers are getting the biggest deals now
How a Covid-19 vaccine could impact NYC’s real estate market
Considering a ground-floor apartment? Here's what you need to know
Brokers channel tv's 'Odd Couple' to sell actress Carole Shelley's condo [video]