TechCrunch / New York Times article New York City is the hub of luxury beach properties and, according to a new report from the real estate website Trulia, there are some superlatives to be found there.
“When it comes to New York’s luxury property markets, there’s a wealth of options, from luxurious mansions to secluded waterfront villas,” Trulia said.
“The city’s top 20 luxury neighborhoods are diverse, but there are just as many top-quality waterfronts to explore.”
It goes without saying that the homes of these residents are among the best in the world.
Trulia also revealed some new numbers for the city’s luxury market.
The top 10 luxury homes in New York are all listed at least $200 million.
“While this is the largest number of luxury homes sold in the United States, there is a lot more to be said about how the market has changed over the past decade, and the impact that it has had on the overall quality of life of the residents,” Trubulity said.
In fact, the average luxury home in New Yorks luxury neighborhoods is valued at over $1.3 million.
That is a massive number of homes that make a significant impact on the lives of the people living there.
The homes in the top 10, which include a couple of the most iconic and expensive mansions in the city, are located on Manhattan’s Upper West Side, Upper West Village, and Greenwich Village.
It is worth noting that the Upper West and Upper East Side mansions, as well as the Upper East Village home, are both in the upper-middle-class neighborhood of Greenwich Village, which is where many of the world’s best-known luxury properties are located.
The second-highest average price of any New York luxury home is on the Upper Hudson River, located in the borough of Manhattan.
The Upper Westside mansions and Upper West River mansions are the most expensive manses in the country, which means that they make a lot of money.
Trubulia also listed the top 50 luxury properties in the City of New York, with the median prices at $1,025,000 and $1-1.1 million.
The median price for a house in New Yorkers top-10 luxury neighborhoods was $1 million, which equates to over $4 million a year.
The New York area’s luxury neighborhood is also home to the citys top five luxury homes: the six-story, 17,000-square-foot home of former President Donald Trump on Fifth Avenue, which sold for $1 billion, and an $8 million home in the West Village that sold for just over $6 million.
Other top-tier luxury homes that sell for more than $1M include the $1-$1.5 million property in the Upper South Bronx that sold in July for $5.3-million and the $2.3-$2.5-million house in Manhattan that sold last week for $4.3M.
Other New York neighborhoods that have seen significant growth over the last decade include the Upper Manhattan and Upper Manhattan Village neighborhoods, the Upper Downtown neighborhood, and Brooklyn.
The number of manses that sell in Manhattan and Manhattan’s West Village has more than doubled from just under 2,500 in 2007 to more than 7,300 manses sold in June alone, Trulia reported.
The luxury homes of the wealthy have become a key element of Manhattan’s urban living scene, with wealthy New Yorkers buying luxury homes and moving into the more traditionally gentrified areas of Brooklyn and Manhattan.
Trabants luxury property portfolio is owned by a group of high-profile New York billionaires, including Donald Trump, Mark Cuban, and Peter Thiel, Trubula reported.
Truba and his partners have bought dozens of mansions across Manhattan over the years, with a majority of the properties being located in Manhattan’s upper-class neighborhoods.
Trump purchased the five-bedroom, seven-bathroom house at 665 Eighth Avenue in 2013 for $3.8 million.
Trump sold the property to his brother in January 2016 for $6.7 million.
In February, Trump and his wife bought the home at 775 Seventh Avenue in New Jersey for $2 million.