Do you dream of owning a beautiful, historic Brownstones for Sale in New York City? These classic row houses with their signature brown sandstone facades line the streets of many NYC neighborhoods.
Make Your Mark on History: Own a Piece of Architectural Legacy
Here is what you need to know about NYC brownstones:
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New York Beauty
Brownstone houses’ unusual architecture and aesthetics have been appealing for almost 200 years for a reason. These townhouses were designed with brick craftsmanship, incorporating details like:
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Ornamental lintels
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Ironwork carved stone elements
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Bay windows
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Gabled roofs
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Grand staircases entries
Inside, brownstones feature ceiling heights, massive windows, original hardwood floors, brick fireplaces, inlaid wood accents, grand archways, and other elegant, old-world design flourishes. They truly transport you back to a bygone era of artisanship while still retaining all the modern livability and updates of a contemporary city residence.
Read More Article: Discover Your Dream Home: Brownstones for Sale in New York City
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Plenty of Living Space
While the narrow, connected row house construction of brownstones may seem compact from the street, these homes provide remarkably ample interior living space spread vertically across multiple floors. Most brownstones contain anywhere from 3,000 to over 5,000 square feet of living area.
The main level typically features grand formal living and dining rooms with high ceilings, fireplaces, and ornamental entryway stairs. The garden level contains the kitchen and casual family room spaces that flow out to a backyard or garden patio for optimal indoor/outdoor living.
The upper floors contain the bedrooms, possibly a library/office, and additional bathrooms. Some even offer finished basement areas.
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Private Urban Oasis
Another primary draw of brownstone living is the ability to enjoy quintessential urban dwellings while still maintaining privacy and tranquil outdoor spaces. Many feature lush, secluded gardens, terraces, balconies, patios, or even rooftop decks for personal outdoor living and entertaining pleasures. Further, shared brick firewalls and exterior terraces provide noise buffering and seclusion while still being tightly woven into your beloved community enclave.
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Access to Neighborhood Amenities
One of the chief advantages of residing in coveted historic brownstone districts is their abundance of nearby urban amenities and conveniences at your fingertips. These close-knit communities have evolved into thriving cultural and commercial hotbeds complete with every desired modern amenity.
Just a short stroll away down picture-postcard side streets, you’ll encounter:
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Locally beloved neighborhood cafés, restaurants, and bars
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Upscale boutique retail shops and art galleries
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Gourmet food markets and wine shops
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Live music venues, performing arts theaters
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Libraries, parks, playgrounds, recreation centers
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Pet care services and dog runs
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Easy access to public transit hubs
What are Custom Renovation Possibilities for Historic Brownstones?
Since brownstones represent some of the oldest housing stock in New York, most have undergone extensive renovations and modernization over their long lifetimes. Original architectural details have been lovingly preserved while updates bring contemporary livability. Here is what you can renovate:
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High-end kitchen and bath remodels with luxury appointments
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Adding seamless home extensions onto the back or top levels
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Installing energy-efficient windows and smart home technology
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Creating open interior floor plans for modern loft-like layouts
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Rebuilding a private multi-car garage or other ground-level spaces
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Restoring original woodwork, hardwood floors, built-in cabinets, etc.
Is a Brownstone Right for You?
Owning a brownstone is a dream for many New Yorkers. But it’s not the right fit for everyone. Here are some considerations:
Pros:
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History and character
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Potentially much more space than an apartment
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Private outdoor space
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Opportunity to renovate to your taste
Cons:
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Very expensive, especially for renovations
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Constant maintenance required
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You are responsible for all utilities, taxes, etc.
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May be impractical for those wanting low-maintenance living
How to Get a Perfect Brownstone on Sale?
Here is what you need to follow:
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Work with the Right Agent
It’s crucial to find an experienced real estate agent who specializes in these types of properties. You need to interview several agents and ask for neighborhood tours before selecting one. They will deeply understand things like:
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Zoning laws that may restrict renovations
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The renovation process and potential costs
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Negotiating unique contract terms
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Important details about specific homes and areas
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Understanding the Costs
Brownstones don’t come at low prices and buying is just the start as major renovation costs await most buyers as well.
Sale Prices
Brownstone prices vary tremendously based on neighborhood, size, and condition. However, be prepared for $2 million to $6 million+ for a move-in ready home in a desirable Brooklyn neighborhood.
Renovation Costs
Most brownstones require at least some renovation work. Minor renovations can start at $100,000 but full gut renovations can easily cost $500,000 to $1 million.
Utilities & Maintenance
Any maintenance, repairs, utilities, and property taxes that come with owning a single-family house may run you anywhere from $10,000 to more than $50,000 annually.
Read More Article: Your Guide to Brownstones in New York City: History, Architecture, and More
The Buying Process of Your Dream Brownstones in New York City
Get Prior Approval
When you locate the ideal property, you will be able to make a serious offer if you are pre-approved for a mortgage.
Start Your Search
Work closely with your real estate agent to find listings matching your criteria. See as many homes in person as possible.
Make an Offer
When you’ve found “the one”, your agent will guide you through submitting an offer, negotiating, and going into contract.
Order Inspections
Just like any home purchase, inspections are a must to understand any structural or system issues. Anticipate needing several specialized inspections.
Secure Financing
You’ll apply for your actual mortgage and provide all required financial documents.
Attend the Closing
At closing, you’ll sign the final paperwork, pay closing costs, and receive your new keys!
Wrap Up
Buying a NYC brownstone entails significant financial and in-person involvement. The Boland Team is the best real estate agent in NYC and we are here to get you your dream brownstones on sale. You deserve the best and we deliver you the best.