Manhattan freehold condo, high rental return, close to MRT

 

Manhattan freehold condo with high rental return and close to MRT, United Nations, Citigroup Center, Blackstone, Blackrock headquarters.  Analysis of the key drivers behind the purchase decision.

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Best real estate investment options in Manhattan, New York

 

Manhattan, New York real estate is definitely one of the world’s most secure and reliable asset classes.  Our clients globally buy Manhattan real estate as a means of diversifying their portfolio and as hedge against uncertainty.  This tangible asset class provides stable appreciation and also rental income to investors.

Read full article here: Best real estate investment options in Manhattan, New York

Manhattan sale market is hot!

 

Buyers are aggressively bidding for apartments because of (1) low interest rates (2) not wanting to miss out on the covid deals which they know are ending. February is usually a slow time but transactions this February is more like that of an active Spring month! 

Yes, deals are still there, developers are negotiating and giving concessions. But it's time to move!

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Manhattan, New York property report: weekly new listings and weekly contracts signed.

Weekly contracts signed has been increasing since July, which was the bottom of the sale market. Driven by low interest rates and not wanting to miss out, buyers are back and very active. I was looking at 2BRs for a client and 3/4 of the ones we targeted were sold!