When the investment objective is rental income, a full service, high demand building is important. Full service means amenities such as building staff (concierge, doormen, porters), residents’ lounge, roof deck, fitness center. Tenants are attracted to amenities and rents are higher as well.
There are two ways to achieving this as described in this article: Strategy: Investing in a full-service, high demand building
Manhattan property investment performance from 1999 to the most recent Q1’2025 shows that price per square foot increased from $480 to $2,130 during the 26-year period.
The average appreciation per year during this period (1999 to 2025) is about 6 percent, which is a very healthy return. Since property is often purchased with leverage, a 6 percent appreciation can be leveraged to twice or 3X that return, depending on the equity invested in the property and financing used.
Read the full article here: Manhattan property investment performance
Key points of this Manhattan Property Market Update
Sales volume: Condo sales volume was 47.6 percent higher than prior year. This is positive as we are still experiencing limited inventory and high mortgage rates.
Cash buyers: The market share of cash buyers in Q1’2025 was at 58 percent, higher than the historical average of 50 percent.
Price per sqft and median price: In the condo market, price per sqft is at $2,130 while median price at $1.725 million. After a few years of slowdown, price per sqft is now close to 2017’s peak of $2,149.
Read the full article here: Manhattan Property Market Update
Three of the four billionaire condos in Manhattan. We were negotiating on one recently but that deal didn't happen.
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Investors from all over the world have always been buying Manhattan, New York property as a means of diversification. London and New York are the top two destinations deemed most stable and secure for global investors wanting a simple, easy to manage property in the form of an apartment.
Here are some of the pros and cons of investing in a Manhattan condo: Pros and Cons of Investing in Manhattan Condo
Manhattan, New York remains a top choice for global investors seeking a safe and stable property market. This appeal stems from factors like limited supply, high global demand and consistent value appreciation. This New York property market outlook explores the trends impacting the prized Manhattan market.
Read the full article here: New York Property Market Outlook
Hotel branded condos in Manhattan represent a niche segment as there is only a handful, from hotel brands like Four Seasons, Mandarin Oriental, Ritz Carlton and Aman. This article serves to analyze the nuances and evaluate whether a hotel branded condo is a good investment.
Read the full article here: Hotel Branded Condos in Manhattan: A Good Investment?
Some things to keep in mind when buying investment property in Manhattan to rent out.
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Represented foreign buyer client in negotiating this prewar 1-bedroom at West Village‘s premier building, 299 West 12 St. Notice the amazing views, fireplace and beamed prewar ceiling. Being rented at $8,200 per month, top end for a 1 bedroom.
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What do we look for when helping investor clients identify what's a good buy when selecting Manhattan, New York condos?
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What are the top three reasons as to why a lot of Singaporean clients love investing in Manhattan, New York?
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Example of Investing in a Distinguished Pre-war Building
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We were in a buyer’s market from 2020 to 2024. But now the market is starting to turn. In Q4’2024, sales volume for Manhattan condos increased 14 percent compared to the same period a year ago. Meanwhile, rents are strong as they have been increasing with inflation.
Read the full article here: Property Investment in New York
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Manhattan property market update - The most recent Q4’2024 data from Miller Samuel shows average price per square foot for a Manhattan condo at $2,127. This is a 4 percent increase compared to prior quarter. Number of sales was at 1,131, a 14.4 percent increase from a year ago. Median sales price was at $1.665 million, or 0.5 percent higher than a year ago.
Read the full article here: Manhattan Property Market Update
