Pros And Cons Of Living On The Upper East Side
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- Опубліковано 6 сер 2024
- Let's delve into the advantages and drawbacks of calling New York City's Upper East Side home. I kick off the video by promising to share insights into five pros and five cons, offering a close look at the local real estate scene. I introduce the Upper East Side as a spacious neighborhood, comparable in size to the Upper West Side, stretching from 59th Street to 96th Street besides a few exceptions.
To highlight the pros: the area's diverse culinary scene and high-end shopping, especially along the Avenues; the proximity to parks like Central Park and Carl Schurz Park; and the neighborhood's distinctive residential vibe with charming townhouses and single-family residences. I also point out the comparatively lower cost of living, making it an attractive option compared to downtown areas. However, it's not all sunshine; I discuss the limited nightlife options, potential transportation challenges, and the nuances of co-op apartments on the Upper East Side, which often come with stringent financial requirements.
As we wrap up, I provide a sneak peek into the Upper East Side's real estate market, showcasing examples of one-bedroom, two-bedroom, and five-bedroom apartments as well as a townhouse for sale at $11,500,000. These examples offer you a firsthand look at the variety of housing options available. As a real estate professional with Living New York at Compass, I encourage viewers to reach out if considering a move and hint at additional insights into the area's cost of living.
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📨 Email: mholt@compass.com
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00:00 Introduction
01:59 About the Upper East Side
02:28 Pro #1: Shops & Restaurants
03:32 Con #1: Nightlife
04:22 Pro #2: Parks
05:03 Con #2: Limited Condos
06:25 Pro #3: Neighborhood Vibe
07:40 Con #3: Transportation
09:03 Con #4: Far From Downtown
09:17 Pro #4: Cultural Amenities
10:09 Con #5: Older Apartments:
11:18 Pro #5: Schools
11:52 BONUS Pro: Cost of Living (more affordable choices)
12:52 A one-bedroom apartment asking $1,950,000
15:04 A two-bedroom apartment asking $2,500,000
17:41 A three-bedroom apartment asking $1,050,000
20:43 A five-bedroom apartment asking $15,950,000
21:49 A townhouse asking $11,500,000
24:19 Video Requests?
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Free Buying Guide: bit.ly/BuyingGuideNYC
Upper East Side Neighborhood Guide: holtrealestate.com/neighborho...
All about Living New York www.holtrealestate.com 🎥🗽🍎
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*Any school data mentioned derives from the below website for information purposes and does not reflect our opinion. All stats, data, house pricing, and anything else mentioned is always subject to change and is provided merely as an example at the time of this recording*
Best Schools: www.greatschools.org/new-york...
School Ranking System
www.schooldigger.com/go/NY/sc...
School Map Search
schoolsearch.schools.nyc/
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Places To Try:
Caravaggio: maps.app.goo.gl/nb2w5e7P8kpZh...
Bemelmans Bar: maps.app.goo.gl/33HVbmETHMjnp...
The Mark Hotel: maps.app.goo.gl/ErqEaVJztsCyJ...
The East Pole: maps.app.goo.gl/peaxbCLSQDsKQ...
NR: maps.app.goo.gl/1RXQUe76gdkz4...
Macanudo: maps.app.goo.gl/LAKN8J6T7nkQJ...
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#michaelholt #holtrealestate #uppereastside #nycrealestate #nyc
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Neighborhood Guide, browse listings, points of interest and more: livingnewyork.com/neighborhoods/upper-east-side
I just subscribed to your channel. Great content and presentation. I look forward to seeing more installments.
Thank you! Glad you enjoyed the video
It was very entertaining, and I loved it! New Sub.
Glad you enjoyed the video and thanks for subscribing! I have a few like this, curious to your favorite! 🙏
That 3 bed apartment looks amazing
😍😍
Great video. Informative, thank you
Glad to hear David. I'm going to insert a neighborhood guide in the comment section and pin it to the top
I also just discovered your channel and the the way you make your videos speaks to me very much. You put very interesting and detailed informations in it and on top you seem like a very likable guy. I personally live in Paris and I'm blown away how much you have to pay for taxes and maintenance every month. Now I understand a little bit more why the rent in New York is so high. Paris is expensive too but nothing compared to New York. Looking forward to see more videos of you.
Thank you! I love Paris although its been some years since I've been!
The Q line is fantastic for getting to Broadway and theaters!
Game changer!!
Thanks for the info; I'll be moving to the City when I retire in a couple of years and the UES is definitely a consideration.
Glad the video was helpful! I will add a link to the UES neighborhood guide where you can find stats, what to expect, properties for sale and more. I'll also be coming out with more videos and adding them to the Upper East Side playlist. One will be a comparison between the Upper West and Upper East which I think you'll find very helpful. If theres anything you need feel free to reach out anytime! livingnewyork.com/neighborhoods/upper-east-side
The UES is definitely a great neighborhood, but I would strongly consider somewhere in Brownstone brooklyn as well if I was looking to retire in NYC. You get the same level of lovey histric architecture, you're the same distance from lower Manhattan, but the bulidings are smaller, the streets are quieter and at least in my experience there tends to be more community.
@@jimbo1637 I prefer Manhattan. I'll be "retired" from my long term career, but I'm still going to work.
@@waccamatt7533 makes sense!
In my opinion you can never go wrong living 2 blocks either side of the park from 59th street to the museums, 50 years ago, or 50 years from now. I spent my summers growing up at 20w 64th and in my own apartment in my 20s. my only regret in life was not keeping my fathers apartment when my brother gave it up under rent control, i'd be paying 900 a month and the last middle class person left in the city.
Ah yes rent control apts are so rare. Its a crazy time to rent here too. Right now is the lowest vacancy since the 60's and the rental rates set a record this year. Prices have fallen a lot for sales but still expensive. Its a good investment play for those who have the cash to play. You are right about location, the premium areas are west of Lexington but quite expensive.
@@holtrealestate I retired at 50 and after traveling extensively for 10 years i find myself at 60 in good physical shape but priced out of a return to NYC. my sweet spot would be a townhouse between riverside and the park within short walking distance of Zabar's. and so i must live in exile at the beach in summer and the desert in winter on the west coast with only short visits to the city that never sleeps. the center of the known universe.
@@kaspar_1982 Sounds like an amazing routine. If you ever are curious about renting or buying here just lmk! Glad to help you weight things out and send over options. Wheres your top 3 favorite places you traveled? I know its hard to pick Im sure!
Do some billionaire row reviews 😅like Steinway tower Central Park tower etc
Will do!
Michael I've got two days in NYC after I've been to The Met and The Guggenheim where to next ?
Ooo if you like museums theres also the Frick in the UES and of course Museum of Natural History, Moma... Other than these its rooftop season. I'd definitely go to one of those! Here is a link to a list I made, enjoy! maps.app.goo.gl/jASx9Xm4mCLF5KeS9
pros-diversity of housing options....walkups or mansions, palatial prewars on Fifth/Park or "cookie cutter" postwars on Third/Second Avenues. Most neighbourhoods in Manhattan arent quite as diverse.This wont change much as large portions of the area are designated historic and also the nimbys wont allow it.
More affordable-relatively- than other parts of Manhattan, especially the Downtown neighbourhoods
cons- somewhat older housing stock-townhouses built 1880s-1910s, prewars built form 1910 to 1940 dominate the area. Most walk-us are just as old if not older.This means anything on the affordable side is going to need renovations, which often need board approval.
pros-tree lined streets and a certain vibe similar to wealthy London neighbourhoods. The place does have an identity and history.
pros-proly the most safe area in Manhattan, due to all the doormen
cons- transportation on the 4/5/6 is very crowded,most of the wealthier UES residents take uber , or taxi when they go to work or out
pros-pretty clean -for NYC
Well said! The Second Avenue subway line (Q expansion) has been a game changer for help in the transportation field especially for those living far east and those who work in Midtown. Thanks for taking the time to leave this detailed comment!
Transportation is the biggest con about the UES, in my opinion. It's the #1 reason I'd never consider living in that area.
Noted! Which area do you like most in NYC?
Get a taxi dude...
Great video, but you need to work on the sound, music is to loud compared to your voice. ;)
Thanks for the feedback! This was actually my 2nd video I've edited! Curious to your thoughts on some of my new ones! Heres a more recent ua-cam.com/video/Uy8cP1F_qQM/v-deo.html
Promo sm 😌
Can you show Riverdale?
Its a little far from me but I'll make my way there eventually!
Nice looking guy. 👀😍
😊
With respect maybe under 5 minutes
the lot tax of that town house is 10,000 US dollar per month????? I don't understand this math, who the hell can afford such high tax???It does not make any sense...
Actually it is an apartment! The taxes are $4,742 and building charges $5,115. In NY monthlies are certainly amongst the most expensive in the country!
Too long
Thanks for the feedback! This was my second video and that's the first thing I realized that they were long besides the chapters. My goal is to keep them under 10 min now. My newer videos are a bit shorter 👍
@@holtrealestate Not too long at all!
Quite enjoyed this video…would love to see some lower priced properties as well for we mere mortals!
@@brianog5267 Lol I'll include lower price points on my next videos I film!