Manhattan Lofts - Manhattan Houses for Sale

A true loft for Manhattan (or "hard" loft) is: a conversion of a vintage factory or warehouse, having a harder edge of either concrete construction, or "mill" construction of exposed brick and original wood posts, beams and floors. Ceilings should be over ten feet high at least. This is increasingly very important for loft purchasers, as developers are now building condos with slightly higher ceilings than in the past. It is the height that helps give a loft the feeling of air and space. Larger windows and open concept layouts also help. Ceilings are unfinished and pipes and heating ducts are exposed. Do not expect to find a 1,000 square foot loft divided up into two bedrooms and a den. It will much more likely have a kitchen and a bathroom with the rest of the space left as one large open room, which you can work with and use according to your own functions and needs. Some people think a loft means you have a second mezzanine level overlooking the floor below, but this is simply one style of loft. The other great thing about lofts is that most of them are zoned live/work, which makes it easier to operate a business out of your home. Check whether there are New York or federal tax advantages or write-offs available. Another type of lofts in Manhattan are newly constructed lofts (or "soft lofts"), which are for the most part "Condos With High Ceilings", and are examples of Manhattan condo developers trying to cash in on the popularity of lofts. Most Manhattan lofts built from scratch have very little character, and in most cases, the ceilings aren't even all that high. The quality of construction is sometimes disappointing, and quite often the location is really the only selling point, since vintage lofts are usually a little off the beaten track, not in the best neighbourhoods of Manhattan.

The average sales price of Manhattan lofts was $1,395,501 which was virtually unchanged from the $1,400,489 in the prior quarter and the prior year quarter. For more information Manhattan lofts for sale >>

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Manhattan Houses for Sale - Manhattan Lofts