Thinking about moving to Nolita? If so, read on and learn why this charming community is one of the most sought-after neighborhoods in Manhattan.
Nolita, short for “North of Little Italy,” is a neighborhood in Manhattan, New York City. It is located just north of SoHo and east of Greenwich Village. The community is known for its charming, tree-lined streets, trendy boutiques, and diverse dining options. Also, historic architecture is what makes Nolita so special.
The neighborhood is also home to several notable landmarks and institutions, such as the Children’s Museum of the Arts, the New Museum, and the Elizabeth Street Garden. It’s an excellent place to live if you like a quiet residential area close to the city center.
Moving To Nolita – Expenses
The cost of living in Nolita, Manhattan can vary depending on factors such as the cost of housing, transportation, and groceries. Generally, the cost of living in Manhattan is considered to be quite high, and Nolita is no exception. You should keep in mind that this is a general estimate, and costs can vary greatly depending on an individual’s lifestyle and specific needs.
Housing and rental market
The housing market in Nolita, Manhattan is currently strong, with high demand for both rental and purchase properties. The area is known for its charming, historic architecture, desirable location near popular neighborhoods like SoHo and the Lower East Side, and proximity to major transportation hubs.
Prices for rentals and purchases tend to be higher, reflecting the area’s popularity and exclusivity. However, the market can vary depending on the time of year and overall economic conditions. The average price per square foot for a property in Nolita is generally higher than the Manhattan average, with studios and one-bedroom apartments being the most common types of units available.
The average rent for a one-bedroom apartment in Nolita is around $4,000 per month. However, prices can vary widely depending on the apartment’s specific location, size, and amenities. Due to the high prices, many people choose to look for apartments in nearby neighborhoods such as Lower East Side, Soho, and Greenwich Village.
How to get around Nolita?
After moving to Nolita, you’ll be living in the heart of Manhattan which means you’ll be able to run most of your errands on foot. However, for those who prefer public transportation, the main forms include the subway and bus.
The closest subway stations to Nolita include the Bleecker Street Station (serving the 6 trains), the Spring Street Station (serving the C and E trains), and the Prince Street Station (serving the R and W trains).
Additionally, several bus lines run through Nolita, including the M1, M5, M15, and M21. The M1, M5, and M15 provide crosstown service, while the M21 provides service along Houston Street, which runs through the heart of Nolita.
What About Local Attractions?
When deciding where to move next, lifestyle is one of the most important factors besides expenses. What people like about Manhattan is how fun, diverse and exciting it is. Everything you need or want to see is just a short ride away.
Nolita is a trendy, slow-paced community, however, this does not mean it is boring. This neighborhood is home to many local attractions and amenities such as:
- Mulberry Street – known for its historic Italian-American community and is home to many authentic Italian restaurants and shops.
- Elizabeth Street Garden – a community garden that offers a serene green space in the heart of the neighborhood.
- The New Museum – dedicated to contemporary art and features exhibitions by emerging and established artists.
- The Nolita Playground – a small playground that is popular among local families.
- The Nolita Farmer’s Market – takes place on Saturdays and features fresh produce, baked goods, and other local specialties.
Also, boutique shopping is something you don’t want to miss out on. Mulberry, Mott, and Elizabeth Street are prime locations for this activity. The Nolita neighborhood is also close to Soho, Lower East Side, and the East Village for more options.
Pros And Cons Of Moving To Nolita
Pros of moving to Nolita include its prime location in Manhattan, with easy access to popular neighborhoods such as SoHo, the Lower East Side, and Greenwich Village. The area also has a wide variety of restaurants, shops, and cafes, as well as a bustling nightlife scene. Additionally, this is an idyllic-looking neighborhood great for families with small kids.
Cons of moving to Nolita include its high cost of living, as real estate prices and rental costs are typically higher than in other parts of the city. Keep in mind that the neighborhood can be quite crowded and noisy, especially during peak tourist season. Additionally, parking can be difficult in the area.
Making Your Move Successful Is Our Top Priority
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