New Property Projects in Manhattan

New property projects in Manhattan are being marketed globally to foreign buyers looking to diversify their portfolio.  Foreign clients are overloaded with information of Manhattan new property projects on multiple fronts.  This makes the decision process confusing for the investor.  It is important to understand all before investing in new property projects, as property is not a liquid asset.

Read full article here: New Property Projects in Manhattan

 

Our client's extra large 1-bedroom apartment facing north with tree-line views!

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

Is now a good time to invest in Manhattan, New York residential property?

The Manhattan, New York residential property market had a tremendous year in 2021, and the trend is continuing into 2022.  Sales volume for the overall condo and coop markets in 2021 was the highest in 32 years because of low mortgage rates, pent up demand, reopening of the economy and overall optimism as more than 70 percent of New Yorkers have been vaccinated.  The streets of NYC feel very normal these days and will be 100% when everyone is back at the office full time.

Read full article here: Is now a good time to invest in Manhattan, New York residential property?

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

New York property investing strategies

 

New York (Manhattan) property investing strategies for the residential condominium market are focused on the $1 million to $4 million price point. The below are three strategies we use when recommending investment buys to our clients.

1. Full service condo in high demand building

2. Ultra luxury building for above market appreciation

3. Pre-construction new development

Read full article here: New York Property Investing Strategies

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

New York property report: Q3’2021 Manhattan condo market

 

Q3’2021 sales volume was the highest in 32 years. This is driven by low mortgage rates, rising vaccination adoption and improving economic conditions. Meanwhile, the rental market is extremely hot as thousands of people move back into Manhattan. Our clients’ condo units rented out in 1-2 days with multiple offers above asking price!

Read full article here: New York Property Report

Rented client's condo in 1 day!

 

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

How to buy overseas property

 

Here are three pointers from Manhattan property broker, Wei Min Tan, to serve as guide to anyone wanting to consider buying overseas property, whether the overseas area of interest is New York, Paris or Dubai.

1. Don’t buy property from an overseas property show held in your home country
2. Engage a top buyer’s broker in the foreign country
3. Have a team in the foreign country

Read full article here: How to buy overseas property

Why buy Manhattan Property with a Broker

1.  Commission:
The commission is a pre-negotiated amount paid by the seller.  If a buyer has a broker, it's split 50/50 between the seller's and buyer's brokers.  Else, the seller's broker keeps it all.  There is no "discount" by going directly.