Monday, May 19, 2025

Financial and Analytical Approach when Evaluating Properties in Manhattan, New York

 
When we are representing investor clients and buyer clients, we are very analytical in terms of our approach in looking at properties. What that means is that we look at things from a numbers' perspective, which has to do with my finance background. When we meet clients for the first time, we usually share with them one page full of numbers that has all the metrics - price, price per square foot, rental potential, rent per square foot, rental yield, upsides and downsides of each of the condo units that we're looking at. These metrics are very important because it tells you what are the strong demand buildings vs the weak demand buildings. These are things that are going to affect the appreciation of the client's investment. This is one way on how we add value. Visit our website to learn more: https://www.castle-avenue.com/


About:  

Wei Min Tan is a Manhattan, New York property broker focusing on global investors of Manhattan condominiums.  Wei Min has been interviewed by CNBC, CNN, Wall Street Journal and New York Times on the Manhattan property market.  Wei Min can be reached at tan@castle-avenue.com

 

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