Cost of 3bedroom flat in new york city
The cost of a 3-bedroom flat in New York City can vary greatly depending on several factors such as location, size, age, and condition of the apartment, as well as the time of year and the type of building (e.g. luxury high-rise, walk-up, or brownstone).
Here are some general price ranges for a 3-bedroom apartment in different neighborhoods in New York City:
Manhattan:
- Upper East Side: $2,500,000 - $5,000,000
- Upper West Side: $2,000,000 - $4,000,000
- Midtown West: $1,800,000 - $3,500,000
- Greenwich Village: $1,500,000 - $3,000,000
- Chelsea: $1,200,000 - $2,500,000
- Harlem: $1,000,000 - $2,000,000
Brooklyn:
- Park Slope: $1,200,000 - $2,500,000
- Brooklyn Heights: $1,000,000 - $2,000,000
- Williamsburg: $900,000 - $1,800,000
- Bushwick: $800,000 - $1,500,000
- Prospect Park: $700,000 - $1,200,000
Queens:
- Long Island City: $600,000 - $1,200,000
- Astoria: $500,000 - $1,000,000
- Jackson Heights: $400,000 - $800,000
The Bronx:
- Riverdale: $400,000 - $800,000
- Fieldston: $300,000 - $600,000
Staten Island:
- St. George: $300,000 - $600,000
- Tompkinsville: $250,000 - $500,000
Keep in mind that these are general price ranges and can vary depending on the specific location, size, and condition of the apartment. Additionally, prices may be higher or lower depending on the time of year, with prices tend to be higher during the spring and summer months when demand is higher.
It's also worth noting that these prices do not include additional costs such as:
- Broker's fee: typically 10-15% of the purchase price
- Closing costs: typically 2-5% of the purchase price
- Taxes: typically 0.4-1.2% of the purchase price
- Insurance: typically $1,000-3,000 per year
It's always a good idea to research the market and work with a real estate agent to get a better sense of the going prices in the neighborhood you're interested in.