Staten Island real estate market

Staten Island: A Classic NY Borough

  • George K. Wonica Sr.
  • 02/15/23

New York City is consistently ranked as one of the best places to live in the world.

When you think of living in NY, you think of big city life, but there is a lot more to it than meets the eye. Each of the 5 New York boroughs brings something different to the table, whether it's the controlled chaos of Manhattan or the cultural diversity of Queens.

Today, we're going to give you a quick guide to the Staten Island real estate market. Staten Island is the borough for you if you're looking for a getaway within the city. It may be known as the "forgotten borough," but keep reading, and you'll understand why Staten Island is the best place to buy real estate in NYC.

3 Sections of Staten Island

Staten Island can be divided into three main sections, the North Shore, South Shore, and Mid-Island. If you're looking for old NYC homes with period features, you'd want to look at the North Shore because it was the first to see residential development.

Mid-Island and the South Shore present plenty of opportunities if you're looking for newer developments. The South Shore, in particular, is home to parks, beaches, and nature reserves. Mid Island has plenty of scenic views, including Todt Hill, which is the highest point in NYC.

The North Shore is also the best place to live if you're trying to commute into Manhattan, with the Staten Island Ferry located in the St. George neighborhood. It should be said, however, that Staten Island is easy to get around, so the other boroughs are accessible from anywhere.

For drivers, you can get to Brooklyn on the Verrazano-Narrows Bridge or take a more roundabout path over one of the many bridges that connect Staten Island to New Jersey.

Taking in the Staten Island Real Estate Market

Staten Island is a great place to buy real estate because it's by far the least populous borough, real estate is cheaper, and it's still an easy commute to the rest of NYC. It's no secret that the cost of living in NYC—Manhattan and Brooklyn in particular—has become untenable for the average buyer.

Staten Island's median home price is $600,000, which is a bit more than Queens or the Bronx but significantly less than Manhattan and Brooklyn. You get more for your money in Staten Island, but the biggest perk is the feeling of being near the city without the commotion of really being there.

Find Your Staten Island Property With Wonica

Living in NY doesn't have to mean paying a million dollars for a 500-square-foot condo. The Staten Island real estate market presents a huge opportunity for buyers who want the best of both worlds. Let Wonica Realtors help you find your dream home.

We've been the top realtor in Staten Island for years, so visit our site to view our listings. When you're ready to get serious about buying your Staten Island home, contact us, and we'll help you find your dream home.

Wonica Realtors & Appraisers are Staten Island's #1 independent full-service real estate firm, serving the needs of the community for over 30 years. Whether you are buying, selling, renting, or relocating, our staff of highly trained professionals will provide quality realty services with personal attention to your individual real estate needs.

Work With Us

We help you understand the market and where to price your home for a fast sale. Our REALTORS® are familiar with the trends so they can help you appeal to a variety of potential buyers.