Upper Manhattan is a great place to invest in New York City. The buildings have great bones and the prices are relatively low. The pace can feel more in tune with the suburbs, and midtown is about 30 minutes away by subway. Here, residents enjoy more green space and killer views of the Hudson River.
This area is divided into two distinct neighborhoods.
Washington Heights is known for its hilly terrain and historic buildings. The Cloisters museum and gardens, located in Fort Tyrone Park, is made up of a collection of 12th-15th century religious and secular buildings that were reassembled on the site. It is one of the true gems of Manhattan. Washington Heights’ large Dominican population brings authentic Dominican food and culture to the shops and restaurants along Broadway. More and more professionals and students searching for affordable rents have also been moving in to the area.
At the northernmost tip of Manhattan, Inwood is the suburbs in the city. Thirty-five minutes from midtown via subway, this quiet neighborhood is tucked up against Inwood Hill Park, with its prehistoric caves, ridges, and valleys, as well as athletic fields, barbeque area, dog run, and the occasional bald eagle. Beautifully detailed Art Deco buildings and gathering places like Indian Road Café, which hosts live music, make Inwood an affordable and congenial neighborhood.