Saturday, April 21, 2007

Brooklyn Heights Vista

This is the skyline of the most expensive real estate properties in Brooklyn, otherwise known as Brooklyn Heights. The photo was taken from South Street Seaport on the lower east side of Manhattan.

A one-bedroom co-op apartment here goes for about $475,000 while a one-family townhouse can cost over $8,000,000. Despite the exorbitant prices, they are considered affordable compared to how much it costs to live in some desirable neighborhoods in Manhattan.

The only places where real estate is more expensive than New York City are London and Tokyo.