In New York, apartments are available at an initial cost.
In one of the districts of New York, it became possible to buy an apartment at the price of a down payment when compared with other areas of the city.
In January, 2017 was the 10 order of the most affordable homes on the New York real estate market, where the price of Sheepshead Bay ranges from $ 120 thousand to $ 165 thousand, according to the firm’s data NeighborhoodX .
The most affordable apartment with 1 bedroom and a total area of 69 square meters, and the most expensive - with 2 bedrooms and a total area of 83 square meters.
Shepshead Bay prices (a quiet area known for its fishing boats) indicate that some parts of Brooklyn are still affordable, said NeighborhoodX co-founder Konstantin Valhouli.
“Most people moved to the city to avoid long commutes,” he said. “Instead of going south or east, they're going west or north, so you see a lot of demand in Jersey City and the South Bronx.”
Valhouli noted that the price was probably influenced by the distance of Sheepshead Bay from Manhattan.
Now, Sheepshead Bay is an affordable option for those “who love the city and want to make a home here,” Walhouli added. “Otherwise, it’s impossible to scrape together $200 for a down payment without someone’s help or a big salary.”
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