New York

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Property for sale in New York State

The State of New York is located in the north-eastern of United States and borders in the north with the Canadian provinces of Quebec and Ontario, in the east with Vermont, Massachusetts and Connecticut, in the south with New Jersey and Pennsylvania. Rhode Island also shares a sea border with New York.

The most important urban centres where looking for property for sale in New York state are Albany, the capital of the New York state. Binghamton, the world capital of the carousel, from which it takes its nickname, Carousel Capital. Buffalo which is the largest city in the State of New York. Cooperstown is a historic city that houses the national baseball museum, the "National Baseball Hall of Fame". Then there is Ithaca, a small city of character and home of Cornell University and of Ithaca College. New York, one of the most famous cities in the world. Its skyline line, dotted with skyscrapers, is one of the symbols of the United States. Among its features are ethnic diversity, the presence of international companies and an incomparable culture.

Other cities to consider are Rochester an old industrial city with a rich history of innovation and progress; now with numerous universities. Saratoga Springs, the "spa town" famous for its horse racing, but also worth a stop for its unusual artistic performances. And Syracuse that is the "salt city", known for its industry, and where it is based the Syracuse University and the Great New York State Fair.

The sales of property for sale in New York state changed, in Manhattan, where some of the most expensive properties in the United States are concentrated, have suffered the biggest drop since 2009. In the first quarter of 2018 the number of home sales in the exclusive New York neighbourhood has decreased by almost 25% to 2,180 units compared to the same period last year. This is the biggest drop since the second quarter of 2009, when the real estate market froze in the wake of Lehman Brothers bankruptcy and the financial crisis that followed.

The average price for the purchase of a property for sale in New York state decreased by 8% compared to the first quarter of 2017. The average price per square foot also fell significantly, from 18.5% to $ 1.697. Trend that is also confirmed in the luxury apartment market. In this case, the price of an apartment fell by 15.1% and the number of sales decreased by 24.1% between January and March compared to the same period of 2017.

The uncertainty of potential buyers is mainly due to the tax reform approved in the US before Christmas, which limits the deduction of state and municipal taxes from federal taxes.

In addition to the measures contained in the tax reform, it would also be interest rates to frighten buyers. According to a study, in the next two years there will be a correction of prices to the downside.

In New York the futuristic skyscrapers with super-luxury apartments have always been the call for "billionaires" from all over the world and have always been the visiting card of New York. The rush to build new towers has dominated the scene in recent years to undergo, however, a sharp stop in 2017. However, less and less international buyers are chasing after high-altitude houses in the Big Apple.

Properties for sale prices in New York state are also being revised by the data. December 2017 the average price in Manhattan fell 5.6% from the two million dollars of the third quarter of 2017 and 10.6% from the 2.12 million of the same period of 2016. Those who buy today spend an average of 1.897 million dollars. Above all the trades fall: -25.4% in the fourth quarter from the previous three months and -12.3% from a year before, the lowest level in the last six years.

The luxury segment in Manhattan is experiencing a downturn also because prices have risen too quickly after the crisis.

The market trend has led many manufacturers to delay the start date of sales for some new residential developments. Next to skyscrapers that have been successful and attracted buyers there are, in fact, towers that have not met the hoped-for demand.Of course, those who want to resell their property for sale in New York state today certainly have difficulties. Especially in Midtown, a neighbourhood where it has built a lot but the quality of life is not the best.

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Real Estate Listings

Cod. 35025

For sale 2 Bedrooms, New York, New York County, New York City, Manhattan

462,550.50USD
For sale
2 Bedrooms

53 m²
Bright Apartment for Sale, placed on one of the most charming streets of NYC just one block from Broadway, on the island of Manhattan. Apartment co...
Cod. 25719

For sale Loft-Open Space, New York, Manhattan, Manhattan, 438-448 West 37 th Street

3,083,670.00USD
For sale
Loft-Open Space

180 m²
Manhattan (only 15min walking distance from Times Square, 5min walking distance to Hudson Yards) Lovely loft for sale in need of refurbishment – 1...
Cod. 25548

For sale 2 Bedrooms, New York, New York County, New York City, 120 Riverside Blvd.

2,550,000.00USD
For sale
2 Bedrooms

118.45 m²
Trump Place is considered by most, as one of the top full service condo buildings in Lincoln Square. Our 2-bedroom 2-full bath penthouse unit is situa...
Cod. 23441

For sale 2 Bedrooms, New York, Manhattan, Midtown Center, 100 west 58 street manhattan new york

Reserved negotiation
For sale
2 Bedrooms

102.19 m²
This remarkable custom renovated luxurious corner two bedrooms / two baths home is unlike any other, offering East and South Exposure. The entire spac...
Cod. 20790

For sale Farmland, New York, Chemung County, Elmira, 514 Oak street, Elmira, NY

Reserved negotiation
For sale
Farmland

0.28 m²
Residential Vacant Land                    514 Oak street, Elmira, NY                    size of 3,375 sqft
Cod. 20726

For sale 3 Bedrooms, New York, New York County, New York City, East 72 street

679,000.00USD
For sale
3 Bedrooms

44.41 m²
BEAUTIFUL HIGH FLOOR RIVER/CITY VIEWS! Luxury Full Service building. This fabulous Condominium, high floor city and river views from oversized windows...
Cod. 20257

For sale Other (Commercial), New York, New York County, New York City, Manhattan

1,500,000.00USD
For sale
Other (Commercial)

92.9 m²
Homes are selling agent specializing in Manhattan, USA. Call or write will help, from beginning to end. Great investment and very (TAX) advantageous...
805 Second Ave, New York, NY 10017 Manhattan, the intersection of 2nd Avenue and 43rd Street
Cod. 16772

For sale Loft-Open Space, New York, New York County, New York City, 1 Main St

23,500,000.00USD
For sale
Loft-Open Space

650.32 m²
A spectacular, one of a kind approximately 7,000 square foot three story Penthouse plus 400 sq. ft. private interior and exterior roof deck in the fam...
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