Manhattan Condo Living: What kind of NYC property can foreign international buyers buy?(FAQ#4)

Eileen Hsu (許小姐) and Morgan Evans, the new generation of Real Estate Professionals. We specialize in Manhattan Condos, including: Resales, New Construction, Pre-Construction and Foreign Nationals buying Manhattan New York Condos. Contact us at (917)837-8869 or (646)644-6929 Today.

What kind of NYC property can foreign international buyers buy?(FAQ#4)

What kind of NYC property can foreign international buyers buy? (FAQ#4)

Manhattan New York is an unique housing market, we have condominiums, cooperatives,
townhouse and multi-use buildings. Majority of our buyers purchase condos because of its liberal sublet policy allowing our buyers to collect rental income and it is easy to maintain or manage. Unlike cooperatives, condo do not require the buyers to be US residents, and do not required in person interview with the board.

We also recommend condos because of the higher value appreciation and investment values compare to cooperatives in the same neighborhood and area.


In Manhattan New York, condos are often evaluate a price per square basis, and since condos are about 15% of the entire Manhattan housing inventory, the purchase price is higher than cooperatives in the same neighborhood.

Other than condominiums (condos), many of our buyers also purchase townhouses (starting at $4,000,000 onwards) or mix-used buildings in various neighborhoods of Manhattan.

If you are a Foreign international buyer and would like to learn more about buying/investing in Manhattan New York, call us today at (917)837-8869 or email at EHSU@elliman.com

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Eileen Hsu 許雅嵐 (email: EHSU(@)elliman.com)

Our team specialize in Manhattan New York Condominiums, townhouses, and condops.

We are condominium residents ourselves so we understand the Manhattan New York condominium community. We also enjoy all Manhattan neighborhoods, especially Upper West Side, Lincoln Square, Midtown East, Murray Hill, Financial District, Chelsea, Fifth Avenue, Greenwich Village, Nolita and etc just to name a few. If you or you know someone that may be interested in selling, buying or leasing their Manhattan New York condo, call us today (917)837-8869 or (646)644-6929 and we can discuss your specific Real Estate goals.

Manhattan New York Condo Specialists or Chinese Speaking Real Estate Agent

 

3 commentsEileen Hsu • June 01 2012 11:34AM

Comments

Many Foreign international buyers prefers brand new construction condos as well since they often like never lived in apartments.

Posted by Morgan Evans, LICENSED REAL ESTATE SALESPERSON (Douglas Elliman Real Estate) almost 2 years ago

Don't have much experience with Foreign Investors... However should I know anyone looking to invest in NYC you better know I'll be sending them to you... Have a Happy Day

Posted by Richard & Beth Witt, Broker/Owner RE/MAX Wittney Estates Long Island NY (RE/MAX Wittney Estates 516-795-6900 www.longislandrealestatesearch.com) almost 2 years ago

Excellent post.  I hope you have a most productive month.  

Posted by Roy Kelley (Retired Real Estate Broker, Maryland Blogger) almost 2 years ago

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