Tips to Buy a NYC Luxury Condominium Like an Expert

by | Nov 9, 2023 | Real Estate

Buying a NYC luxury condominium is one of the most significant purchases that you’ll make, especially with the way real estate prices and conditions are right now in many places. When you see a condo unit you like, it’s easy to get tied to it. Still, there are a lot of things that you should think about before making such a big buy.

Floor Plan

It’s important to know the exact square footage of your condo at a place such as 35 Hudson Yards. Do your work and determine the price per square foot by comparing the buying price to the size. Before you buy, compare this to other homes sold in the area. It’s possible for a better floor plan to be worth more if it makes you happy and more at ease in your condo. A floor plan with good flow was at the top of the list for potential sellers in recent studies.

Exposure

Sun exposure for a NYC luxury condominium is something that you want to consider. The sun can save you money on your electric and heating bills during the cold winter. When the sun rises in the east, it warms up a room so much that you might feel like a sauna. But that might be your thing! In the summer, when you rely on the air conditioning to cool down your unit a lot, the same situation can be bad.

The north will be less bright, and for six to seven months of the year, there will be little to no direct sunlight. Southwest exposure has to be the best by a long shot. With less direct heat and a good amount of natural sunshine, it’s the best of both worlds.

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