What You Should Expect to Pay for Luxury Brooklyn Apartments

Living in New York comes with a steep price tag. You know this and we know this. Along with some of the highest income taxes in the country, ranging from 7 to 12 percent, the cost of living in New York City is at least 68.8 percent higher than the national average.

But should that stop you from finding your dream home in a community of luxury Brooklyn apartments?

Absolutely not! Check out a few of these tips on how to find a perfect and unique home.

First things first: budget. When you’re looking for places to live outside of Manhattan, consider your monthly income, and aim to find a lease that is roughly 30% of your monthly income. By determining what you can pay in advance of your search, you can narrow your search to apartment homes that fit within your personal lifestyle.

Next, prioritize your “wants.” Being flexible may open your possibilities to locations or buildings that may pleasantly surprise you. If location is your top priority, you may decide to spend a little more, or if budget is the top priority, you may select a studio instead of a one bedroom.

Timing is also critical. If you want to get a sense of the market before you even start looking at individual spaces, your sweet spot is going to be about 60 days from when you’d like to move in.

Lastly, when you find your diamond in the rough, don’t wait! Start the process of applying and submitting paperwork as soon as you can. Apartments with luxurious amenities, amazing common spaces, rooftop decks or pools, or amazing rents can move off the market in record time. Be prepared when starting your search so that you don’t miss out on your ideal luxury Brooklyn apartment.