Townhouse Investment Properties for Sale in New York
51- 2 Bed
- 2 Bath
- 1274 sft
177- 2 Bed
- 3 Bath
- 1861 sft
291- 2 Bed
- 1 Bath
- 966 sft
266- 2 Bed
- 2 Bath
- 1080 sft
Why Invest in New York?
New York townhouses represent a compelling investment opportunity as the state's multifamily housing market experiences structural shifts. With NYC facing decades of undersupply and growing demand from aging populations seeking downsized multifamily homes, townhouses offer both rental income potential and appreciation upside. The 2026 market is poised for acceleration, with sales volume expected to reach its highest level since 2022 and new inventory increasing 5-10% citywide. Townhouses with legal basement apartments or conversion potential provide enhanced cash flow through accessory dwelling units, while their scarcity—only 5,625 multifamily homes citywide with median prices at $1.5M—ensures sustained competitive positioning.
Frequently Asked Questions
Townhouses benefit from severe undersupply (only 5,625 multifamily homes citywide), growing demographic demand from aging populations seeking downsized homes, and expected sales volume increases to 2022 levels. The ability to add legal basement apartments or convert to multifamily units provides enhanced cash flow potential unavailable in single-family properties.
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