How much does it cost to buy an apartment in NYC?

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asked Dec 8, 2020 in Real Estate - Renting by 88sease (680 points)
How much does it cost to buy an apartment in NYC?

2 Answers

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answered Dec 10, 2020 by psurangers11 (960 points)
The cost to buy an apartment in NYC is around $710,000.00 to as much as $910,000.00

Apartments in NYC are very expensive to buy and to rent.

If you want to buy an apartment in NYC you need to have a good income and be able to make the monthly mortgage payments.

Mortgage payments for a NYC apartment can be as high as $5,000.00 to $10,000.00 per month.

If I had that kind of money I would buy a house in the Country with several acres.

I've visited NYC and it's nice to visit but I would feel very cooped up living in NYC.

Living in an apartment with no land would be very boring and you have to pay for parking etc.

Renting an apartment in NYC can cost as much as $3,000.00 per month.

That is as much as some peoples monthly mortgage payments.
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answered Dec 21, 2020 by Minty (106,740 points)
The cheapest price to pay for an apartment in NYC is around $700,000.00

It takes quite a bit of money to even live the cheapest in NYC.

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