Top Reasons to Buy a HUD Home in New York City
Housing statistics According to US News the average cost of buying a home in New York City is approximately $677,500, which is almost thrice above the national average. The price to buy a home has increased over recent years, and it is expected to continue to increase. Manhattan is the most expensive borough, with homes selling for over $1,300,000. After that comes Brooklyn with an average cost of $718,00. Queens and Staten Island both have an average cost of approximately $500,000. The Bronx is the cheapest with an average cost of approximately $430,000. However, the prices are decreasing in Manhattan and increasing in Brooklyn. The average cost to rent an apartment in New York City is thrice above the national average.The cost of living in New York City is above average when compared to the rest of the country.
Tourist Attractions New York City is an extremely popular tourist destination, both from domestic and international visitors. There is always something happening year around, the city is the forefront of food, fashion, and the arts. All five boroughs are full of things to do, everything from art, dining, sports, fashion, shopping, theaters, museums, and more.
The Bronx famous for being home to the New York Yankees, the Bronx Zoo, the Bronx Museum of the Arts, and the New York Botanical Garden. It is also the birthplace of hip-hop.
Brooklyn offers attractions for everyone. In Williamsburg you can hear live music every night and shop for vintage threads. Barclays Center is home to pro ice hockey and basketball. Known for its restaurant scene, Brooklyn Bridge, and Prospect Park.
Manhattan is home to the city's most famous attractions such as Central Park, the Empire State Building, St. Patrick's Cathedral, the High Line, and One World Observatory. Here you can also find world class-museums, restaurants, concert halls, the bright lights of Times Square and Broadway. The borough contains charming neighborhoods, hidden green spaces, trendy boutiques, and classic bars.
Queen is known for its adventurous arts, international cuisine, gorgeous parks, and world-class sporting events. Sports fans can watch the New York Mets play baseball at Citi Field. Here you can find Socrates Sculpture Park in Long City Island, the stunning flora at the Queens Botanical Garden, and the animals at the Queens Zoo.
Staten Island is famous for its museums, historic landmarks, beaches, and parkland. The city's largest forest preserve is found in the Staten Island Greenbelt. Here you can watch a baseball game at Richmond County Bank Ballpark, explore the history of the colonial life at Historic Richmond Town, and experience local maritime heritage at the Snug Harbor Cultural Center and Botanical Garden.
Transportation and commutes in New York City
Less than half of the working New York City residents commute by driving alone or via carpool, which is well below the national average. Over half of the working residents commute using public transportation or walking, which is way above the national average.New York is an excellent walking city. The city has an extensive subway system, serving all five boroughs. Regional buses and trains connect the city to the suburbs in New Jersey, Connecticut, and New York state. Other ways to get around the city are the famous yellow cabs, ferries, pedicabs, cruise ships, bicycles, and helicopters.
Amtrak offers inter-city rail service to New York City. Megabus, BoltBus, and Greyhound Lines, Inc offer inter-city bus service. New York City is served by three major airports: John F. Kennedy International Airport, Long Island; La Guardian, Queens; and Newark Liberty Airport, New Jersey.