Cheap trick: How much you can save when buying an older property in NYC

… Buying an apartment in New York City can mean breaking the bank but buying a shiny new … around 58 percent more than older properties with a median price of $115 million according to a new report from … apartments are pricier While the vast majority of NYCs housing is much olderthe average building was constructed in …

By Celia Young |September 4, 2025 - 11:30AM