Expert tips for apartment hunting in Manhattan
Relocating to New York City is one of the greatest decisions you can make because it is the city that literally has anything anyone needs. If in addition to that you decide to live in Manhattan, that is a real dream come true scenario. However, apartment hunting in Manhattan is not an easy and quick process, so the best idea is to rent storage NYC so that you can start removing things from your old place of living. The most important thing you must do when you are hunting for an apartment is to get to know the area where you are going to live and to see how competitive the real estate market is. Once you’ve done this, you can move on to finding a perfect Manhattan apartment for you.
What do you need to know about Manhattan?
One of the most important things you need o know about Manhattan is the fact that it is the industrial center of NYC. furthermore, it is the industrial center of the USA. If you are looking for a job before you go apartment hunting, you are most likely to find it in Manhattan. Some of the best industry areas are located there and they include:
If any of these are your area of expertise and you are looking for a job in any of these industries and sectors, then Manhattan is the right place for you. But, before you can completely relax, you need to go apartment hunting in Manhattan and see what are the experts’ tips that can help you.
Find the professional help
Whether you are buying or renting, the best solution is to find a real estate agent who will help you find the perfect place for you. Of course, you must be careful. There are many scammers in the moving industry, sometimes among moving companies, and other times among those who are offering storage units. Well, the situation is the same when it comes to realtors. If you want to find a reliable real estate agent who will find just the perfect place for you, you need to do your research thoroughly. The best option would be to ask for a recommendation. Of course, reliable agents can be found through listings, but asking someone you know is definitely much better. Also, if possible, visit from time to time and see a few of the options.
Unfortunately, it sometimes happens that realtors show an apartment that is not for sale or rent. So, being on the spot can be useful. Of course, going to Manhattan that often if you don’t live in NYC is not easy. But, you can do another thing that will make the post-apartment hunting period easier for you. For example, if you have your vehicle, you can bring a few packed boxes every time you visit. The solution is simple, rent a short term storage NYC and keep your belongings there. Later, when you find the apartment and start the process of relocation, those items will be easier to transfer. In addition to that, storage units can be extremely affordable, depending on their size.
Before you start apartment hunting in Manhattan, get to know the real estate conditions
Before you start looking for an apartment in Manhattan, you must research the options and what you are looking for. The prices have gone up recently so you must prepare a detailed budget. The typical listed property price in Manhattan in September 2022 was $1,400,000. That means the prices have gone up by 6.9% since the previous year. The median listing price per square foot for a property was $1,500. The median sales price of a property was $960,000. So, if you are buying a property, it is good to have the information, so that you know where to start.
Renting in Manhattan
If you don’t want to buy, but rent in Manhattan, the situation with the prices is different, of course, but the initial steps are the same. However, when you want to rent an apartment in Manhattan, your earnings must be 40 times higher than the rent you are going to pay. And, of course, you will have to pay one-month rent in advance. The average rent in Manhattan is $4,265, for an average apartment of 702 square feet. In some neighborhoods, rent prices can go as low as $1,682. Also, don’t run from it to rent a studio or one-bedroom apartment. Even if you have a lot of belongings and you think you need a bigger place for them, that is not necessarily true. You can always rent an NYC apartment storage. That way you won’t need a huge Manhattan apartment and you will pay less.
Consider a short-term rental
As we have said, looking for an apartment in Manhattan is a process and it rarely takes less than two months to find what you have been searching for. There is a solution for that situation also. If you are in a hurry, rent a short-term apartment and at the same time you can rent mini Manhattan storage and you won’t have any problems. This way your apartment hunting can go quicker and you won’t have to do the packing and unpacking all the time.
Be aware of the traffic in NYC
One thing people who are not from NYC tend to forget is the traffic, especially in Manhattan. If you have a vehicle, unless you want to lose all of your nerves, you won’t be using it much. Get a vehicle storage NYC and keep your car safe. Use it only when you are going outside of the town. Parking spots are almost impossible to find, so this is the best solution.
Living in Manhattan has many advantages
Even though apartment hunting in Manhattan is not an easy process, once you find the place you like, you will love living there. So, find the right Manhattan neighborhood for you, find reliable movers, rent a storage unit to have a more relaxed relocation, and enjoy.