Manhattan New Launch Condo Investment for Foreigner

 

Investing in Manhattan new launch project for foreigner, brief case study. This is an update on our foreign investor client’s condo at 200 E 21 St in Gramercy. We had booked the property at pre-construction stage, waited 2 years for completion and then rented the unit immediately after closing.

Read full article here: Manhattan New Launch Condo for Foreigner

 

My first TV appearance, priced a 5th Avenue loft apartment. Star struck when I saw Barbara Corcoran.

View my media appearances here: Wei Min on CNN, CNBC, Wall Street Journal

January 2022 Manhattan Property Market Update

 

The three key points to note in the January Manhattan Property Market Update are:

1. 2021 record sales volume

2. Supply at 5.7 months, -58% vs year ago

3. Growth in $2-$5 million segment (buyers want more space)

Read full article here: January 2022 Manhattan Property Market Update

Buying Manhattan apartment with outdoor space

 

The three key points when buying a Manhattan apartment with outdoor space are:

1. Rare luxury

2. Types: Balcony, Terrace, Loggia

3. Premium

Read full article here: Buying Manhattan apartment with outdoor space

Property Investment in New York

 

Property investment in New York, specifically in Manhattan, is a prudent decision taken by successful individuals as part of their portfolio planning. For foreigners, investing in New York property is seen as a safe haven for assets because of the limited supply and high demand coming from people who live here and investors from all over the world.

Read full article here: Property Investment in New York

 

Negotiated a great deal and locked in amazing 30yr rate.

Visit our website: https://www.castle-avenue.com/

New York Property Report

Most important points in Q4:

1. Highest sales volume since 1989 2. Supply at 5.7months, vs 13.5 months a year ago. Fastest market in 6 years.

3. Growth in $2 million to $5 million price segment

Read full article here: New York Property Report