What is the best area to invest in property in Manhattan? This is perhaps the most common question we get from buyer clients. Answer is, going back to my Finance class from 20+ years ago, It Depends. There is no best area per se as it depends on the buyer’s objectives and long term goals. Objectives include price point, holding period and whether the buyer intends to rent it out or hold as a vacation home.
Read full article here: Best Areas to Invest in Manhattan
View more of my media appearances, interviews and written articles here: Wei Min on CNN, CNBC, Wall Street Journal
The key points for the June 2022 Manhattan Property Market Update are:
Buying new launch condo projects in Manhattan, New York is a strategy we focus on with investor clients from all over the world who are seeking Manhattan property as a form of asset diversification. Since Manhattan is land-locked, the supply of new launch property is small relative to overall property inventory. Prices of new launch condo projects are higher than resale condos but the new launch condo strategy is very viable.
Search the entire Manhattan new launch condo inventory via the database here: New Launch Condo Projects in Manhattan
