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A blog from CityRealty (Links below will take you to the 6sqft site)

Features

Brownstones on the Upper West Side (CityRealty) Brownstones on the Upper West Side (CityRealty)
Townhouses in New York City may be among the most extraordinary real estate in the city, but owning one is more than the sum of the width and height and outdoor area. It’s buying into a lifestyle—privacy, space, numerous bedrooms, gardens, and often landmarked historical details.
“Townhouses are the pinnacle of what a lot of people consider the very finest thing they can buy in New York City after they’ve already bought their condos with the view on a high floor,” says Dexter Guerrieri, founder, co-owner, and president of Vandenberg, Inc.—The Townhouse Experts. “At some point, they want to be near the earth, and they want to live in these historic buildings where they can control their own destiny with their own construction and their own front door. We call it the townhouse lifestyle.”
Townhouse row on the Upper East Side (CityRealty)
Townhouses are the pinnacle of what a lot of people consider the very finest thing they can buy in New York City after they’ve already bought their condos with the view on a high floor
Privacy and vertical living characterize the lifestyle. “The townhouse is really the only way to live self-sufficiently in the city,” S. Christopher Halstead, executive vice president of Halstead, told the New York Observer. “As a result, the way of life is very attractive to some buyers, and equally unattractive to others.” In other words, you’re responsible for salting your icy stoop, taking the garbage to the curb, and maintaining the boiler and HVAC. But on the other hand, you don’t need board approval for renovations, and you won’t have to worry about a downstairs neighbor complaining about how much noise you’re making.
1009 Fifth Avenue Rowhomes on the Upper East Side (CityRealty)

Townhouse Hunting

The experience of buying (or selling) a townhouse is very different from buying an apartment, starting with the process of looking at a property. “I take buyers through it in a completely different way than I would take them through an apartment,” says Guerrieri. “There are so many more spaces to cover and only the finite attention span of the typical New York buyer.”
There’s also a whole different list of items to evaluate. One of those items is width. The wider the townhouse, the more valuable. The average width of New York City townhouses is 18-20 feet. Anything below is considered narrow (and harder to resell), anything above 25 feet is called a trophy property (or a mansion). However, width in a townhouse is about more than value. The wider the townhouse, the more air and light, the better the flow between rooms. Wider, shorter rooms are easier to furnish than longer, narrow ones.
Park-SLope-593 Park Slope rowhouses (CityRealty)
The wider the townhouse, the more valuable.
Of course, there’s location location location. But even location parameters are different when looking for a townhouse. “Most difficult, and the most fundamental thing as well, is understanding values vis-à vis location,” says Guerrieri. “It's very different in a townhouse than in apartment buildings. There are apartment buildings that have wonderful amenities, but they're on a slightly inferior block, and it doesn't make such a difference. With the townhouse, what’s on the block can make a huge difference in terms of value.”
394-Madison-Street-1 Some of the ostentatious townhouses of the Upper East Side (CityRealty)

Price Considerations

What is it that makes one street more valuable than the adjacent one? When you're evaluating townhouses, says Guerrier, it depends on how they back up to the houses behind them, the houses that are beside them, and the houses across the street. The most valuable townhouses are on blocks with rows of townhouses on both sides of the street. The factors that bring the price down include a firehouse, police department, or school on the block. “The values are generally going to be less because there will be more noise and more traffic.”
So what are the hot locations in the townhouse market? That depends, says Guerrieri. If you’re on the Upper West Side, it’s in the 70s on the block between Central Park West and Columbus that has “historically the highest priced sales.” On the Upper East Side, it’s near Fifth Avenue, with the priciest block between East 70th and 71st. In Chelsea, the most valuable townhouses are found on West 21st and 22nd Street between 10th and 11th Avenue. There can be a significant difference in price from street to street. Buyers should do their research to avoid sticker shock.
One factor that can bring the price down for a townhouse on a prime street is tenants. “The best buys are townhouses that have rent-stabilized or rent-controlled tenants in them,” says Guerrieri. “You can only have a limited-sized owners unit for yourself, but then you can afford to be in the neighborhood that you perhaps wouldn't have been able to purchase in. The value has been discounted due to those rent-regulated tenants.” On the flip side, if you are looking to renovate the entire building, rent-regulated tenants can make that difficult.
702-Mac-Donough-Street-1 Park Slope (CityRealty)
For sellers, Guerrieri says that it’s a transition market with a disconnect between the way sellers and buyers appraise a property. “What sellers have continued to do is price their townhouse 15 percent higher than what the neighbor's sold for.” Buyers, however, are bidding 15 percent lower. These days, sellers are being more realistic about what can be achieved and are transitioning to more realistic expectations. There are also things a seller can do to raise the value of their property, such as putting in a garden at the front of the home. "Curb appeal really matters," says Guerrieri, but he does suggest consulting an expert first.
If you're prepared to take on the extra work of the search, not to mention the responsibility that goes into owning and maintaining your dream home once you've finally found it, CityRealty has 401 townhouse listings on the market. Some of them are veritable models of Old World New York (and priced accordingly!), while others have been designed with contemporary buyers in mind.
Townhouses in Prospect Heights (CityRealty)

New & Notable Townhouse Listings

 
 
 
 
222-Kane-Street
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Situated in the Cobble Hill Historic District, this 15-foot-wide, 2,400-square-foot townhouse masterfully combines classic charm with modern details. Old World touches include expansive proportions, soaring ceilings, floor-to-ceiling built-ins, classic millwork, and diagonal inlaid hardwood floors. These are beautifully paired with contemporary accents like a sleek chef's kitchen, a luxurious full-floor master suite, endless storage, central air, and in-unit washer/dryer. The south-facing garden offers a pleasant respite from the bustle of city life.

 
 
 
 
1632-Union-Avenue
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1632-Union-Avenue
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1632-Union-Avenue
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Over the past few years, this two-family townhouse on a tree-lined Crown Heights block has been renovated from top to bottom with all new finishes, new plumbing/electrical throughout, recessed lighting, and a complete restoration of its historic facade. The parlor floor of the upper unit has 9'6" ceilings and features a large living room with charming detailing, gorgeous oak hardwood floors, a large bay window overlooking the home's private garden, and excellent light. Pocket doors lead to an equally impressive dining room and open chef's kitchen with Bosch stainless steel appliances, generous storage, and marble countertops. The garden unit is in similarly prime condition.

 
 
 
 
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Situated on a premier block of the Upper East Side’s Gold Coast between Fifth and Madison Avenues, this palatial 22-foot wide townhome is the tallest townhome on the block, towering above all the others around it. Built circa 1904 by architects Schwartz and Gross (renown for building The Mark and The Surrey hotels), 10 East 76th Street offers a sublime sanctuary zoned for residential or, residential with professional space on the Garden Floor. This majestic beaux-art home is fully built to the building lot and features an expansive roof terrace structurally designed to sustain a reflecting pool, a side terrace on the Garden Floor, soaring ceilings and fantastic light.

 
 
 
 
163-Sixth-Avenue
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163-Sixth-Avenue
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163-Sixth-Avenue
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163-Sixth-Avenue
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163-Sixth-Avenue
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163-Sixth-Avenue
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163-Sixth-Avenue
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In a lovely combination of pre-war charm and modern convenience, this Park Slope townhouse was built by John Monas in 1901 and recently renovated with new mechanicals, new Marvin windows, new walnut flooring, central air conditioning, impeccable chef's kitchen, and supremely luxe baths. Through it all, historic details like original pier mirrors, Jefferson shutters, fireplace mantles, exposed brick, and enormous windows were carefully preserved.

 
 
 
 
234-West-139th-Street
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Beautifully renovated Harlem townhouse on historic Strivers' Row boasts 11' ceilings and carefully restored original detailing throughout. It is underscored by enhancements like upgraded plumbing and electricity, new gas boiler, finished basement, and modern baths. However, there was no improving on the large open terrace and interiors filled with incredible natural light from southern exposure.

 
 
 
 
415-Dean-Street
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In the best of both worlds, this beautiful brownstone is located at the crossroads of several highly coveted Brooklyn neighborhoods, yet offers a giant garden and private garage that would not be out of place in the suburbs. The four-story Italianate single-family home has been tastefully gut-renovated from the finished basement with a laundry area to the top-floor master suite with a spa-like bath. In between, features include a windowed chef's kitchen and large backyard with brick and ivy-covered walls.

 
 
 
 
36-Grand-Street
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36-Grand-Street
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36-Grand-Street
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36-Grand-Street
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36-Grand-Street
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Following a meticulous renovation, improvements to this downtown single-family home include new electricity, new plumbing, central air conditioning, gleaming hardwood floors, Sonos sound system, state-of-the-art security system, professional-grade appliances in the kitchen, and radiant heated floors and high-end fixtures in the baths. All levels are connected by an architecturally stunning staircase, and the whole home enjoys a loft-like atmosphere. It is located on a quiet street, albeit one with easy access to top restaurants, nightlife, shopping, and transportation in both Soho and Tribeca.

 
 
 
 
401-Lincoln-Road
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Two-unit townhouse in Prospect Lefferts Gardens is currently configured as a four-bedroom owner's duplex with a studio English basement rental, but can be configured into a single-family home. In any layout, it has been renovated from top to bottom with equal attention to historic details and modern conveniences. Skylights and bay windows flood the home with natural light, and a sizable master suite boasts a large bedroom, home office area, windowed dressing room, walk-in closet, and sumptuous bath. Both kitchens are outfitted with high-end appliances and generous counter and storage space.

 
 
 
 
867-Lafayette-Avenue
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This pristine townhouse on a beautiful Bedford-Stuyvesant block dates back to the end of the 19th century, but has been beautifully maintained inside and out. All homes feature exposed brick, hardwood floors, baseboard heating, ceiling fans, excellent closet space, sleek tile baths, and kitchens with abundant dark cabinetry and stainless steel appliances. It is currently configured with an owner's triplex and two upper-level rental units.

Additional Info About the Building

 
Spacious 1 Bedrooms with outdoor space and in-residence w/d View Property
Luxury Homes in Midtown | Newly Renovated Studio-2BR Homes View Property
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