The Long Island real estate market is in a constant state of growth, with high home prices and substantial appreciation of property investments. The area boasts a stable economy, low unemployment rates, and high earnings for residents.

These factors make Long Island an excellent choice if you’re looking for investment property or a new home for your family – if you can stomach the high prices. One way to get more bang for your buck is by investing in a multi-story home.

Keep reading to find out why a 4-story house could be a great choice if you plan to invest in Long Island real estate.

1. A 4-Story House Offers More Space

Space optimization is key when you’re paying the high land prices associated with Long Island real estate. A 4-story house allows you to enjoy a larger home by going up instead of outward.

These large homes allow ample room for many bedrooms, bathrooms, and living spaces. You’ve got room to add a study, playroom, games room, and even a man cave if you want to. 

2. Create Individual Living Spaces

Thanks to the ongoing housing shortage across the USA, families are embracing unique urban living solutions that see two or more generations sharing a home. These situations can become challenging at times.

A multi-level property allows each family their own space, fostering a harmonious living arrangement. 

3. Rental Potential

New York is one of the most expensive and sought-after places for investment properties, with a low vacancy rate of just 4.7%. This trend extends to Long Island, thanks to its highly desirable open spaces, great beaches, and recreation options.

Having four separate floors allows you the option to rent out a part of your home to earn passive income while preserving your privacy. 

4. Endless Customization Options

Most people who choose a custom design for their home have tons of great ideas for transforming their home, but not enough space to indulge all of them. A four-story home allows you to try a different design on every level.

Hiring a professional architect and construction firm is the best way to maximize your vertical space utilization and create the harmonious luxury home design you desire.

5. Energy Efficiency

Energy efficiency is one of the most unexpected multi-level living benefits of owning a 4-story house. After all, you’ll have a lot less roof area to consider when it comes to heat loss.

That means you need less insulation to keep your home cozy during the cold New York winters, and you can save costs on heating and cooling your home too. The less energy you use running your HVAC, the lower your carbon footprint.

Design Your Ideal Long Island Home

An experienced architectural design firm can help you best enjoy the benefits of living in a 4-story house. These experts can help you craft your ideal home from the expansive infrastructure of these large dwellings.

Prestige Custom Building and Construction Inc. can help your Long Island living dreams come true. Our founder, Leo Golan, is an accomplished builder and renovator with over 30 years of experience in the industry.

Thanks to his guidance, our company delivers an informed, customer-centric service, dedicated to helping you feel right at home on Long Island. Start planning your perfect luxury home design today by booking a free design consultation.