Our very own Dexter Guerreri has been featured this week by The New York Post as New York City’s townhouse expert. The article, titled “Developers are making millions flipping rundown townhouses,” highlights the exceptional value of investing in townhouses.
“Historically, the value of townhouses has continued to rise and weather the ups and downs of the market better than apartments,” says Dexter. While townhouses make up just 2.5% of the entire Manhattan residential sales market, says the article, they often make for profitable “flips.”
Are you interested in investing in a townhouse? We have several properties on the market that fit the bill. Currently configured as multi-family buildings, these townhouses are ripe for single-family conversion.
23 West 69th Street, $11,995,000
311 West 91st Street, $8,825,000
49 West 90th Street, $5,995,000
Call us today at 212.769.2900 to find out more about these properties!
At Vandenberg, The Townhouse Experts,™ our sole focus is selling townhouses and brownstones in New York City, NY. We are long-time experts in guiding you through the complexities of townhouse sales and purchases.