What NYC neighborhoods are good to invest?

What NYC neighborhoods are good to invest?

New York city (NYC) has many vibrant neighborhoods that cater different lifestyle and people. Many buyers call us and like to own a piece of Manhattan New York, they either have been here before or have a family member currently live here and would like to diversify their investment portfolio and include a NYC condo in it.

We often get the question What NYC neighborhoods are good to invest, there is no one answer for everyone.

Before we can answer this question or for the buyer to determine, they have to consider several points as outline below:

Price Range (investment dollar amount) : What is the price amount that you are thinking of invest? We work with buyers that have invested $850,000 USD price range on a one bedroom condo and that can rent anywhere from $3,500-$4,000 USD per month unfurnished depending location and season. We also have work with buyers that invested $3,500,000,000 USD sales price and rented the three bedroom condo for $17,000 USD per month. Depending on your projected price range then we can narrow down the neighborhood.

Culture and Lifestyle:
Do you intend on staying at this condo at all when you visit New York city? Perhaps you planning to live there one day in the near future? Or this is for sole investment purpose? If you plan on living in the condo, then it is best to look at the area and neighborhoods that you like and socialize when you are in New York.

Amenities: Do you prefer a condo with a pool? How about fitness center and spa?
Buildings with lots of amenities sometimes are newer buildings, these buildings are usually built after 1980s or some older building have added the amenities to suit residents interest.

There are other factors to determine which neighborhood is best suited for each person’s preference. We specialize in working with buyers looking for condo investment in New York city, we are seasoned Real Estate agents that can help you in finding the right investment.

Contact us today at (917)837-8869 to discuss directly on how we can work together.


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