Property agent fee in New York

On purchase or sale transactions:
Who pays the property agent fee?  In New York, the seller pays the agent commission or fees which is split between the seller's agent and buyer's agent. This is how it works....

Manhattan townhouse single family price premium

Curbed NY: Manhattan Townhouses and the High Price of Being Single

Great analysis from Jonathan Miller showing price premium of single family Manhattan townhouses vs multifamily townhouses.  Now, the premium likely because many multifamily townhouses are rent stabilized.

New York Property Advice

Chart above shows our way of providing New York property advice to the client.  We act as the broker and provide property advice as well as market related advice.  Further, we will coordinate the other team players for the  buyer client.  Bank that will provide financing, attorney who will handle the property closing, accountant, and as necessary, property manager.  Of course, it is up to the client to engage our suggested professionals.

New York Property ROI Return on Investment

New York property return on investment ROI

What's the expected return on investment (ROI) on Manhattan New York property?  Well it's a forecast and I will not promise buyer clients prices will appreciate by X percent within a certain period of time.  But what I can share is the historical trend of price appreciation.  Graph shows:

China's real estate market surges while New York's struggles

Examples of why China's market is about to pop.  Note per capita income in China is dramatically lower than in New York.
By the Numbers: China's real estate market surges while New York's struggles | The Real Deal | New York Real Estate News

New York Property Tips

This article on New York Investment Property Tips focuses on buying an apartment in Manhattan, New York. 

Tip 1:  Condo vs coop

Apartments in New York are divided into condominiums (condos) and co-operatives (co-ops).  When you buy a condo, you are buying real estate and enjoy the benefits that typically come with real estate ownership.  For example, freedom to renovate and freedom to rent out.   New York Property Tips

Average Apartment Price

Graph shows New York (Manhattan) average apartment prices of condos and coops.  The sizes are studio (no bedroom), one bedroom, two bedrooms, three bedrooms and 4+ bedrooms.