How to Buy a House in New York City

How to Buy a House in New York City

Buying a home in New York is a big challenge. We are here to help you through every step of the process. Let's get started!

Buying a home in New York City—be it a co-op in Manhattan, condo in Brooklyn, or a house in the Bronx—might seem like an impossible dream. But get this: According to U.S. Census numbers, 54% of New York City's housing is owner-occupied. If half of New Yorkers can buy a house, it’s entirely possible that you can afford a mortgage and buy real estate here, too.

But first-time home buyers should know that buying real estate in a New York neighborhood is different from anywhere else. This market operates by its own rules for loan down payments, mortgage brokers, estate attorneys, common charges, real estate taxes, and more. That’s where realtor.com’s Guide to Buying a House in New York City can help, highlighting info about Manhattan co-ops, Brooklyn condos, Queens townhouses, and beyond. Read on to learn what first-time home buyers in New York need to buy their first home.