While there are many benefits to renting a home in New York City, owning your home comes with powerful advantages.
Build your Equity
When you pay a monthly mortgage, you increase your equity or ownership stake in your property. The greater your equity, the more you capitalize on your home's value as it increases over time.
Fix your Costs
Unlike paying rent to a landlord or property manager, which can increase your rates year over year, securing a fixed-rate mortgage ensures you won't have to worry about your rising monthly housing costs.
Create your Space
Want to retile a bathroom or open up the kitchen by removing a wall? It's your home. As long as you abide by your building's guidelines and NYC codes, you have the freedom to personalize your space.
Our expertise spans New York City’s buying, selling and rental markets. With exclusive access to data-driven insights from industry-leading sources like Douglas Elliman’s Market Report and Wealth Report, we will help you decide when the time is right to go from renting to owning.
