Condos and flats are what make the real estate market in New York City what it is. There are, however, some chances to buy homes. Not everyone wants to live in a condo, but there are some great things about owning a condo. Here are some reasons why you might want to buy a condominium in West Chelsea instead of a house.
Build Equity
Indeed, you could rent a house and still enjoy the same carefree life. But if you buy a condo at a place like 35 Hudson Yards, you can enjoy the same ease of life while continuing to build equity or beginning to do so. You can make money with a condo, just like with a single-family house. It’s an investment that doesn’t need as much upkeep as a single-family house. It’s the best of both worlds: you get all the financial benefits of owning a home without caring for your yard or the outside of your house.
Be Part of a Community
You can choose to be alone or with other people if you buy a condominium in West Chelsea. A sense of community is built into condos; it’s up to you how much you want to be a part of it. When you’re in the condo and having friends over for dinner, walking down the hall and seeing your neighbors, watching the game together in the entertainment room, chatting in the lounge or around the fire pit, or hanging out in the dog park that the HOA keeps, it’s easier to meet new people.