Updated for 2026There is no single secret, but successful New York investors share a few habits: patience, discipline, and deep local knowledge.

Key Takeaways

  • Patience lets value grow over time.
  • Discipline keeps you from overpaying.
  • Local knowledge reveals opportunities others miss.

Mendy's Original Take

From the Mendy Realty archive, first published by Mendy Lipsker.

It’s really very simple. The secret to being successful in real estate or any other endeavor is being disciplined, which, of course, takes discipline.

What is discipline? Discipline is doing the same things at the same time in the same rhythm with no excuses. Oddly enough, a lot of people who are disciplined think they are not and a lot of people who are not disciplined think they are.

2026 NYC Investment Snapshot

Investor demand stayed strong in 2026. New York City investment sales reached $23.69 billion through Q3, with multifamily and development sites leading the market.

$23.69BNYC sales, 2026 YTD
+9.1%Year over year
6.09%Avg. multifamily cap rate, Q2

NYC sales by asset class, Q1 to Q3 2026

Multifamily$6.99B
Development$5.24B
Office$5.20B
Retail$2.27B
Hotel$1.08B

Figures through Q3 2026 include projected closings.

Habits Of Long-Term Investors

Think in decades

Plan to hold quality properties for the long run.

Buy carefully

Never stretch past your numbers.

Stay informed

Follow market reports and local trends.

Common Questions

What is the key to success in NYC real estate?

Patience, careful underwriting, and knowing your market block by block.

Is long-term real estate investing still worth it in NYC?

Brooklyn values rose again in 2026, continuing a long record of appreciation.

Related Reading

Talk To A Brooklyn Broker

Buying, selling, or investing in New York real estate? Start with a direct conversation.

718.751.0738

Market figures compiled from public records and published market data. Information is believed reliable but not guaranteed and should be independently verified.