East Village Real Estate - Is It the Right Option for You?

East Village Real Estate - Is It the Right Option for You

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East Village real estate in NYC consists of a wide range of living situations and it can cater to a diverse range of tastes and budget ranges. The area takes up a large part of the northeast downtown Manhattan. It runs from the East River to Broadway and to 14th Street from Hudson Street. There are quite a lot of smaller neighbourhoods that make up several parts of the East Village like the Alphabet City. This is the area that is located east of the Avenue A and has been quite gentrified over time. NoHo is small part in the southwest part of the Village and is known for its expensive apartments, fashion boutiques and chic restaurants.

Is the Neighbourhood Right for You?

East Village real estate is a large neighbourhood that is home to an eclectic mix of young professionals, NYU students, middle aged people as well as families. For this reason, even the living options available here are varied and consists of townhouses, walkups as well as doorman buildings. The prices for the properties in the area tend to be quite low, especially if go further east. Since the multiple subways are not available, you will have to be ready to walk around and use the buses frequently. Although this is a major drawback, it can be a good option if you are looking for apartments in a lower budget.

What does East Village Offer?

If you are considering East Village real estate, then you should know about some of the amenities available in the area. The area is known to be home to some of the best and the most diverse range of bars and restaurants that cannot be found in the city anywhere else. The East Seventh Street between Avenue A and 1st Avenue is the largest and the best single blocks in the city for drinks and for food. This single block offers more than 12 different spots which includes a cupcake shop, Venezuelan arepas caf, a ceviche and wine bar, lobster shack as well as two of the best Greek and Japanese restaurants in NYC. If you like to stay in an area that offers a diverse nightlife and dining experience, then East Village would be the right choice for you.

Things to Remember when Searching for Apartments

Before you apply for an apartment on rent in the East Village, there are a few things that you will have to keep in mind. Although the rental rates in this area tend to be quite low, there are stringent requirements for qualifying, much like anywhere else in the city. You can contact a real estate agency to find out if you would be eligible for East Village real estate before you start apartment hunting.

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