Exactly What You Need to Know about Relocating to Greenwich Village

Greenwich Village is a highly desirable neighborhood located near lower Manhattan in New York City. If you are relocating to Greenwich Village this year, then you may already know a few details about this signature area. You may have also had a chance to visit this iconic neighborhood and see some of the many features it has to offer its residents. 

If you are wondering what else you may need in order to have a successful relocation, you have come to the right place. Read on to find out exactly what you need to know in order to make your upcoming relocation to Greenwich Village a success. 

Greenwich Village has become a popular area for New Yorkers who are seeking a bit of respite from the busy city life. Parts of the neighborhood are included in a Historic District, evident in the narrow streets, stately trees, and iconic brick townhomes that define the area. The neighborhood also includes the West Village and Meatpacking District. Residents here enjoy easy access to the nearby East Village, Soho, and Chelsea neighborhoods too, as well as to downtown Manhattan. Green spaces abound in Greenwich Village, including several parks on the scenic Hudson River waterfront. This neighborhood has also been known for the high quality of its arts and culture scene.

Life in Greenwich Village is consistent with a higher cost of living in New York City when compared to the rest of the nation. Utilities, including electricity, heating, cooling, water, and garbage, cost an average of $184 per month for an approximately 900 square foot living space. Those interested in fine dining should anticipate at least $100 for three courses before adding beverages. If you are planning to use a personal car, a gallon of gas will run you about $4.

If you are relocating to Greenwich Village, you will also need to decide if you are purchasing your new home or renting it. Homes are frequently in demand here, so prices tend to be higher than in some of the other neighborhoods in New York City. Greenwich Village is characterized by a variety of home styles, including classic and historic brick townhomes, smaller apartment buildings with walk ups, and warehouses that have been converted into spacious lofts. Buyers will find median home prices in Greenwich Village hover around $1.3 million for a home with one bedroom. If you are interested in renting your new space in Greenwich Village, plan to spend $4,400 per month.

You will also need to factor in the associated costs of moving as you plan your relocation to Greenwich Village. Consider whether you will be hiring professional movers to bring your belongings, as well as any needs for storage before you move into your new home. If you are buying a home, look into the associated property taxes and insurance needed for your new residence. There may also be maintenance to consider, especially if you are purchasing in an older building. If you are renting, you will also want to look at rental insurance and the associated fees for shared spaces and any other amenities. There will also be the initial costs of setting up each of your utilities and internet. In addition, factor in whether you will be purchasing new furniture or updating your new place with any remodeling projects before you move in.

Greenwich Village offers a variety of amenities for its residents to enjoy. There are numerous bars, clubs, and restaurants to choose from, whether you are looking for a quick bite to eat or a multiple-course, leisurely meal. Shoppers will be thrilled by the signature boutiques in the area, offering everything from the latest fashion to the perfect vintage wine selection for your next get-together. Arts enthusiasts will find multiple galleries to stroll through, with some even offering frequently rotating artists or collections. Washington Square Park, including its iconic arch, offers outdoor lovers a chance to walk the dog, jog, picnic, or even enjoy a game of chess. Check out the waterfront parks for a chance to take in the scenic river views.

Greenwich Village residents also have a wealth of transportation options. Several subway lines run through the area, including one to downtown Manhattan. The public bus and light rail systems offer another option for commuters, with several stops sprinkled throughout the neighborhood. If you plan to drive downtown, plan your time accordingly. Although it is only about five miles away, it may take considerable time depending on traffic and the time of day. Bicyclists should investigate the different routes available in the city through the bike map provided by the Department of Transportation.

If you have children to enroll in school in Greenwich Village, you will find several options to choose from. Parents of preschoolers will find the Greenwich Village Preschool of the Arts and the Greenwich Village School as two respected options. There are two highly regarded public schools here, P.S. 141 – Greenwich Village and the Lower Manhattan Community Middle School. If you are in search of a private school option, the Academy of St. Joseph and the City and Country School are also located within this neighborhood. The prestigious New York University (NYU) has a campus in Greenwich Village too. 

Relocating to Greenwich Village requires a good understanding of the area, cost of living, housing options, amenities, transportation, and school systems to help your move go smoothly. You will also benefit from the expertise of real estate professionals who know the area well and are available to answer any questions you may have. When you are ready to start your relocation to Greenwich Village, contact The Casagrande Team to ensure a smooth and successful process. Their core values of full transparency and honesty with all of their real estate transactions will give you the information you need moving forward. Reach out to The Fung-Casagrande Team | Compass today for more information.