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Investment properties


New York City is world famous for its favorable investment climate. Citizens of many countries around the world are currently investing their capital here, and  you can be one of them.

 
But, in order to become an investor you need to determine the direction in which you want to invest, with the budget that you are willing to make and the amount of time you are willing to spend on your chosen project.

 

The simplest and most cost-effective in terms of money and time is an acquisition of a small apartment in an as-is condition meant for further leasing. The sum in this case would not exceed more than $ 500,000, and the net rental income would be 3-3.5%. Sometimes, these apartments are sold with a signed rental agreement, meaning that the buyer does not need to spend time searching for a tenant.

Another option you have to profit from the lease, is to buy an apartment in a brand new house. In this case, the expensive part is an estimated $ 1-1.5 million, including the purchase of furniture and furnishings, from which you will get 4-4.5% of income. Also, when you buy one of the first apartments available, you get an additional increase in the capitalization of the object, which can sometimes be up to 20 percent in the first year.

There is roughly the same pattern in working with commercial real estate. You can buy allready-made shops, restaurants, and business spaces, with a lease agreement for a long time, or you can just get a place and bring it up to the necessary standard, which usually is cheaper. With the first case, having a return on the lease of 7-7.5%, and on the second a whopping 10 percent.

The next type of investment project is the purchase of a building as a whole. You can buy an existing Rental Building, or you can buy an empty building and re-develop and modernize in order to further increase revenue. The number of apartments and commercial space, you can buy, of course depends on the allocated budget.

But perhaps the most common and most noticeable type of investment in New York is the construction of a building. This is the longest and the largest-scale project, but the outcome results are much better.

We can’t accurately discuss the profitability of the last two options, since such projects, in most cases, are supported by banks and their revenues depend on the amount of your personal investments and commitment that gives you the financial institution.

In any case, each option should be counted separately, taking into account all the nuances and risks. When working with you we will prepare the calculation tables and calculations that will help you to analyze everything and help you make the final selection. 

Most importantly, the investment market in New York is reliable, completely safe, and above all durable.

Contact us and we will give you a list of current investment opportunities.

 

 

 
 
 

 

 

Viktoriya Safronova - Real Estate Agent, New York
Viktoriya Safronova
Senior International Real Estate Advisor
Licensed Real Estate Salesperson
Evans relocation


243 west 60th street, store 2
New York NY 10023
+1 (347) 257 9773
info@ilivenewyork.net

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