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Kaye Thomas, Real Estate Pro in 90266

How much is a view worth in New York City?

Asked by Kaye Thomas, 90266 Thu May 17, 2007

I'm curious about the value of a view in downtown compared to similar units that have no views?

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According to a 2003 study a good view has a 3.6% premium and an excellent view has 7.99%. premium. Park and river views can be as much as 50% more than the same apartment facing the back of the building.
3 votes Thank Flag Link Thu May 17, 2007
Mitchell Hall, Real Estate Pro in New York, NY
MVP'08
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