Why Inwood?

Inwood, Manhattan is a neighborhood that has been steadily growing in popularity over the past few years. One of the key factors driving the growth of Inwood's real estate market is its affordable housing stock, which has attracted a diverse mix of residents from young professionals to families to retirees. Compared to other neighborhoods in Manhattan, Inwood offers a wide range of housing options at more affordable price points, making it a highly desirable destination for those looking to invest in the local real estate market and capitalize on the long-term appreciation of the area.

In 2018, the New York City Council approved the Inwood Rezoning, a plan that aimed to spur economic development and create more affordable housing in the neighborhood. The plan included provisions that encouraged developers to include affordable units in their new buildings and provided incentives for landlords to preserve existing affordable housing stock. Additionally, the rezoning sought to encourage the development of mixed-use properties that would include both residential and commercial space, with the aim of creating more economic opportunities in the area.

At the heart of Inwood's appeal is its vibrant and diverse community. With a rich history and culture that spans generations, the neighborhood is home to a wide range of restaurants, shops, and other amenities that cater to residents of all ages and backgrounds. This has helped to create a strong sense of community and a deep connection to the area among those who call Inwood home.

If you are a building owner or investor looking for a resource to tap into the commercial real estate submarket of Inwood, Manhattan, please reach out to our team at inwoodcre.com. With Inwood's affordable housing stock, growing popularity, and strong community, the submarket is poised for continued growth and success in the years to come. Work with a trusted real estate professional who has a deep understanding of the neighborhood's unique character and history.

Inwood, located at the northern tip of Manhattan, is experiencing a surge in development activity, with a number of new real estate projects underway. These developments are driving significant demand for commercial and residential space in the neighborhood, and as a result, Inwood is poised for continued growth and development in the coming years. From luxury rental buildings to mixed-use developments with ground-floor retail space, Inwood offers a range of opportunities for investors and business owners alike. In this article, we will take a closer look at some of the top real estate developments shaping the Inwood submarket.

1. 3875 Ninth Avenue - This mixed-use development will bring over 90,000 square feet of residential and commercial space to Inwood. The development will consist of two buildings, one of which will be a 14-story tower with over 160 apartments.

2. One West - This luxury rental building offers residents high-end finishes and amenities, including a rooftop lounge and fitness center. The building also features ground-floor retail space, bringing new businesses and services to the Inwood community.

3. The Stack - This mixed-use development features nearly 200,000 square feet of residential and commercial space, including a 22-story residential tower with over 180 apartments. The development also includes ground-floor retail space and a community facility.

4. 4566 Broadway - This new development will bring over 300 apartments to Inwood, along with retail and community space. The building will offer residents a range of amenities, including a fitness center, rooftop terrace, and pet spa.

5. Inwood Green - This mixed-use development features over 300,000 square feet of residential and commercial space. The development includes two residential buildings, a public plaza, and ground-floor retail space, bringing new businesses and services to the Inwood community.
   
   

If you are interested in learning more about investment opportunities in Inwood or have any questions about the submarket, please don't hesitate to contact Invictus Property Advisors.