CityRealty Insider > NYC Pied-a-terres: Square Feet on The Ground

NYC Pied-a-terres: Square Feet on The Ground

JANUARY 13, 2012

If you're a frequent New York visitor--whether for business, fun or family--a pied-a-terre may be your best bet. NYC pied-a-terre apartments

The term pied-à-terre—a French phrase meaning “foot on the ground”—refers to an apartment you keep in the city in addition to your main residence. These apartments are a growing part of the luxury real estate market in New York City.

From suburban commuters to empty nesters, pied-a-terres allow buyers to experience the New York lifestyle on a part-time basis. Luxury amenities—like a doorman, concierge, grocery delivery service, gym and spa—just add to the experience, as do having parks and cultural centers nearby. One recent trend: Several couples will purchase a small apartment in the city together (ex-New Yorkers who have moved out of town, for example). And if their children or grandchildren live in town, that’s an added bonus.

Buying a NYC Pied-a-Terre
If you’re thinking of buying a New York City apartment as a pied-a-terre, it may be better to go the condo route, since co-op boards usually limit how an apartment can be used. Also for pied-a-terre buyers, location--rather than apartment size--is often the top priority.

ALSO IN NEW YORK CITY INSIDER

RLS IDX Data display by CityRealty.com, LLC. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.

CityRealty is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at accessibility@cityrealty.com.

An equal housing opportunity

{"1":[40.775,-73.94,"East Side","_es"],"2":[40.79,-73.99,"West Side","_ws"],"11":[40.76,-73.98,"Midtown","_m"],"3":[40.736,-73.99,"Downtown","_d"],"13":[40.711309,-74.01,"Financial
District\/BPC","_fd"],"4":[40.682676,-73.973007,"Brooklyn","_b"],"12":[40.8444,-73.9376,"Upper Manhattan","_um"],"5":[40.7477089,-73.930411,"LIC \/ Queens","_qns"],"18":[40.8889782,-73.9025,"The Bronx","_bx"]}