Lower East Side Neighborhood and Lower East Side NYC Real Estate
Lower East Side Neighborhood and Lower East Side Apartments
If you want to live in Manhattan’s Lower East Side, it is important that you
know the pros and cons of renting Lower East Side apartments and other facts
about the neighborhood. Manhattan’s Lower East Side is located in the
southeastern part of NYC. Eldridge Street, Allen Street, Essex Street, E.
Houston and Canal Street border it roughly. One benefit of living in Lower East
Side apartment rentals is the fact that the Lower East Side is a densely
populated immigrant settlement. Although gentrification has been taking place,
there is still a lot of diversity in the Lower East Side. If you want to
interact with different cultures, this is the place to be.
Another advantage of getting rent apartment in Lower East Side is that rent is
cheaper than in other NYC neighborhoods. Like most Manhattan apartments, the
housing in the Lower East Side is mostly pre-war buildings and tenements.
However, most of these buildings have modern amenities. Over the past few years,
there has been an increase in modern buildings such as condominium rentals where
older buildings used to stand. Most of the housing is no fee rentals.
The Lower East Side is known as the center of NYC artist scene. There are
several schools in the Lower East Side such as New Design and Corlears Junior
High School, there are 24-Hour ATMs in several places such as the Happiness Deli
and Chase Manhattan, and there are two post offices, several pharmacies and
supermarkets. The neighborhood has the seventh Police Precinct, three parks, the
East River Park, the Seward Park and the Sara Roosevelt Park, and a vibrant
nightlife in bars, clubs, and lounges, mostly around Clinton, Essex, Rivington,
and Stanton Streets. When you get NYC apartment rentals in the Lower East Side,
you will not have a big security issue. There are few tourists to the area and
the fact that most of the residents are young and creative makes this a nice
place to live.
One disadvantage of living in the Lower East Side is that neighborhood is
slightly claustrophobic and densely populated. The neighborhood still has
graffiti and old murals – these are constant reminders that the neighborhood
used to be a Spanish ghetto. With Lower East Side real estate, you will have
quick access to the Downtown neighborhoods of Soho, East Village, Chinatown, and
Nolita, but the Lower East Side is out of the way. There are limited
transportation options. The main option in the Lower East Side is the subway
system – the only subway that makes a stop in the neighborhood is the F/V train.
The neighborhood is served by the M9, M15, M103, AND M21 public buses. Parking,
especially at night, is difficult to come by. The best option is getting a bike.
Like is the case with most NYC apartments, apartment for sale in Lower East Side
are very expensive. However, this is the best time to buy because the market is
down and forecasts are that things will start picking up. You should consider
coop sales NYC if you are interested in buying property.
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