The Second Avenue subway has finally become operational. With stations opening up on 72nd Street, 86th Street and 96th Street, the Second Avenue subway adds newfound convenience to residents on the Upper East Side. With added convenience comes added property valuations.
The young and wealthy are picking cities over the suburbs that their parents have embraced for so many decades. With this significant shift in the outlook towards large cities, populations are continuing to swell in urban neighborhoods, with municipalities attempting to keep up with infrastructure needs.
It is possible to find apartments that are undervalued and simply apply a little bit of elbow grease and some great staging to get a massive return on investment. We did it ourselves and have the before and after photos to prove it. Check out what a difference a few thousand dollars and some staging make.