Author Archives: eileenhsu

Chinese Speaking Real Estate Agent – Eileen Hsu

Eileen Hsu, Chinese Speaking Real Estate agent in Manhattan New York. Eileen (許小姐) is Chinese and English speaking Real Estate agent in Manhattan New York. Eileen is also a Vice President 副總 of prestigious Manhattan Real Estate firm Prudential Douglas Elliman. Eileen and her team is Ranked in the Top 2% of Sales Professionals & Teams in the United States Prudential Real Estate Network. Eileen has a team that service both sellers and buyers of Manhattan New York market.

TriBeCa-Manhattan New York

Tribeca was one of the first Manhattan neighborhood’s named after the area that it is located in.

The Triangle Below Canal Street is located between the Hudson River and Lafayette Street and running approximately from North of Battery Park City up to Canal Street it’s northern border.   The neighborhood was historically known for it’s light manufacturing and warehousing businesses.

Much like Soho, it’s very well known and desirable because these former industrial buildings were converted into residential apartments, most notably the loft apartments.  Behind the facade of these historical buildings are tremendous voluminous spaces with great ceiling heights, over sized windows and typically luxuriously appointed.  The unique nature of these lofts creates an open and airy feel that has been and will continue to be in high demand.   Desired not for just it’s architecture but Tribeca has a wealth of neighborhood amenities.  Popular shopping, restaurants, cafes are found throughout the area.

New condominium development such as One York, 200 Chambers, 101 Warren, Pearline Soap Factory, among others have been a draw for this neighborhood. With it’s general proximity to many other downtown neighborhoods along with the individual characteristics have made the neighborhood a very popular Manhattan residential neighborhood.

Other Fantastic Manhattan Neighborhoods:

Manhattan NY Condos FAQ: Who can fix my condo if something breaks in my Manhattan NY condo?

We are Manhattan New York condo specialists, often we are asked by our buyers of series of questions that are regards to the unique Manhattan New York condo markets. We will be answering these frequent asked questions and hope to help other buyers who are interested in buying or investing in Manhattan New York condominiums.

Working with many Manhattan New York condo buyers who are from out of town who are more familiar with single family house, we are often asked “Who can fix my condo if something breaks in my Manhattan NY condo?. Many of our buyers purchase their Manhattan New York condo as second home, investment or for their son/daughter who goes to school or works in Manhattan New York. Maintaining the condo in good shape is on top of their list. (photo courtesy of http://www.life.com/image/98450283)

Owning a Manhattan New York condominium is different than owning your own single family house. When you own a Manhattan New York condo, you are an owner of a special community. This community often consist of other condo owner residents, building staff (doorman, porters, handyman and superintendent) and building management. When and if something breaks in the property, you can contact either the building management or superintendent to have a look to see if they can help you fix it. Depending on what the repair will be, if it is minor, the building handyman should be able to help you resolve the issue. Issues such as declog the drain, toilet, faucet, to proper running of hot/cold water, heat and cold air. These are items that the building maintenance staff can help you with, if the building staff can not fix the issue, they usually can and will recommend another specialist (plumber, electrician and etc) that will repair or look after the issue.

The condominium community with a maintenance team and support system is most ideal for buyers who has a busy lifestyle or out of town buyers/investors. With a phone call, or email to the management or the condo maintenance department, your toilet or heat can be fix before you get home from work. This is one of the huge benefit in buying in Condominium community.

EMAIL US TODAY for your own questions: http://manhattannycondosforsale.com/contact/

If you or someone you know would like to buy or sell Manhattan New York condominiums, please call us directly today at  (646) 644- 6929. We specialize in Manhattan New York condominium market and have experiences selling Manhattan New York condos in different neighborhoods, we offer confidential consultation customize to your specific investment needs.

Manhattan NY Condos FAQ: What is Common Charge in Manhattan New York Condominium Market?

Manhattan NY Condos FAQ: What is Common Charge in Manhattan New York Condominium Market?

Common Charge often is abbreviated as “CC” in many of Manhattan New York property listings. Common charge is also known as Home Owner Association Dues in other parts of the country in United States.

In Manhattan New York condominium market, each owner of the condo unit are responsible for the monthly Common Charge. Depending on each condo buildings policies and rules, these common charges usually includes the salary of the building staff, operational expenses of the condo common space such as hallway, elevator, lobby, amenities(if any), each units water, gas usage, cool and hot air (although this may vary depending on the building).

In the scenario of a Manhattan cooperative(Co-Op), there will be a “Maintenance charge” instead of “common charge”. Please note that there is a difference between Maintenance charge and common charge due to the differences of cooperative and condominiums. “maintenance charge” usually is a total sum of the monthly cost of that particular cooperative unit, which includes the allocated shared building carrying cost, real estate taxes of the cooperative unit, underlying mortgage of the cooperative and etc. Manhattan New York condominiums common charge does not include any Real Estate taxes or underlying building mortgage.

Common Charge usually is billed by the condo management on the monthly basis. If the owners preferred, they can make an arrangement with the condo management to pre-paid the common charge if the owner is not Manhattan local based or will be traveling for a period of time.

If the owner of condominiums uses this Manhattan NY condo as an investment or rental property, then the owner of the condo is responsible to pay for the monthly common charge not the tenant. It is also advisable that the owner stay in charge paying the common charge instead of the perspective tenants, otherwise in case of the default of common charge by the perspective tenant, the owner may be liable for additional penalty cost or other serious consequences enforced by the condo management.

If you or someone you know would like to buy or sell Manhattan New York condominiums, please call us directly today at (917) 837- 8869 or (646) 644- 6929. We specialize in Manhattan New York condominium market and have experiences selling Manhattan New York condos in different neighborhoods, we offer confidential consultation customize to your specific investment needs.

100 West 39th Street-Bryant Park Tower

BRYANT PARK TOWER located at 100 West 39th Street: DOUBLE PARK VIEWS from this CORNER 38th Floor Condo unit. It is Overlooking Empire State building with dramatic Manhattan Skyline views.

Bryant Park Tower (100 West 39th Street) has 43-story, mixed-use, it is located on the west blockfront on the Avenue of the Americas between 38th and 39th Streets, was completed in 2006 and has 93 condominium apartments on its top 11 floors.

Bryant Park Tower address is 100 West 39th Street, this condo unit has Sparkling, Bright, with Huge OverSized windows, this Sunswept exposure Junior One-Bedroom (alcove studio) Sanctuary features Bamboo Floors, Separate Dining/Office Area, Fabulous Closet Space, Sleek translucent Italian Iceglass doors, Limestone thresholds, and a Dream Kitchen with White Oak cabinetry, White Marble countertops, Lightolier lighting and Never-Used Appliances, all with a Soothing Spa-Like Pristine Bathroom outfitted with an Ivory Porcelain floor, Zuma tub, Heated Mirrors, Italgraniti Ceramic tile! This Top Condo with Doorman, “Quintessentially” concierge service, Free Laundry facilities, fitness room with flat screen TV’s, Parking.

Bryant Park Tower - 100 West 39th Street EILEEN HSU

Bryant Park Tower, it is located in the Heart of the City…with the N,Q,R,S,W,1,2,3,7,9,B,D,F,V,S,4,5,6 Trains, Grand Central, Port Authority, and Penn Station Steps Away…Fifth Avenue Shopping, the Theatre District, Fabulous Asia de Cuba, Morgans, Fab restaurants and nightlife outside your door.

If you are a buyer that is looking to buy in Midtown East or Midtown West location, please contact us today to assist you in negotiating the best price possible. We have several amazing deals and steals for our buyers, we invite to call us and we can have some confidential conversation on your specific needs.

Other Manhattan New York Condos blog series that may be interest to you.

  1. 100 West 39th Street-Bryant Park Tower Condo details
  2. https://chinesespeakingagent.com/category/manhattan-ny-neighborhoods/fifth-avenue-midtown-east/
  3. VIDEO BLOGS – Chinese Speaking Agent

Where Foreign International Investors Want to Buy?

Where Foreign Investors Want to Buy
New York is expected to be the favorite city for foreign real estate investments in the U.S. and globally in 2011, according to an annual survey of members of the Association of Foreign Investors in Real Estate. Washington, D.C., came in No. 2 both within the U.S. and global markets for cities where foreign investors most want to invest in the new year.

More than 72 percent of the association members say they plan to invest more money in U.S. real estate this year than in 2010.

“As the fear of a double-dip recession has faded, investors are becoming more enthusiastic about the prospects for the U.S. economy and are taking aim at real estate investment opportunities,” says James Fetgatter, AFIRE executive director. “However their strategy is more akin to a rifle than a shotgun. Except for multi-family housing, they are not scattering their interest throughout the U.S., but rather narrowly targeting it to New York City and Washington, D.C., to an even greater extent than in previous years.”

The top U.S. city picks among foreign real estate investors in 2011 are:
1. New York
2. Washington, D.C.
3. Boston
4. San Francisco
5. Los Angeles

International students’ parents buy NYC Condos

Many of our foreign buyers are parents of International students from Europe, Asia, Canada, Latin America and other countries. Other than many career and investment opportunities, Manhattan New York has many distinguish universities and colleges that offers many international students undergraduate and graduate degrees. We helped many parents of international students from New York university, Parsons school of Art and Design, School of Visual Arts (SVA), Columbia University, the Jillard school, Cooper Union and other academic institutions.

Here are some options for international students and the parents to consider:
School dormitory: If the student is very young and new to New York, the first year or first 6 months they usually stay in the dormitory so they can familiarize themselves with the city. This option is usually more expensive than renting an non-dorm apartment in the school surrounding areas.
Renting an non-dorm apartment: This option costs slightly less than dormitory, although as an International student or foreigner, majority landlords requires extra security deposit sometimes up to 6 months of rent upfront to 12 months rent to establish relationship and security. If the student or parents do not have United States social security number, nor US credit history, the parents usually have to pay for one year upfront to obtain an rental apartment.
Buying a Manhattan New York condo or building: This is often the option for most of the international parents chose. In today’s market, there are well priced Manhattan New York condos for international students and parents to choose from.  The important thing is to establish the location, the price range and the time frame to maximize the Manhattan New York condo search.
Call us directly at (646)644-6929 to discuss your specific purchase as an international student or parents.

Buying a Manhattan New York Condo as parents buying for children, you should plan ahead, and speak with all the parties involved (not you and your child but rather the right mortgage consultant/banker, accountant and a knowledgeable Manhattan Real Estate attorney.)

  • Mortgage consultant: If you are planning to buy the condo all cash, that is always desirable when presenting offers to condo sellers. Keep in mind that you should have enough equity in case there is an increase in monthly carrying charge for this condo or other misc mishappens. If you are planning on financing this investment, be sure to speak to a local Manhattan lender that is familiarize with the market, the lending rules, and the mortgage products that may be suitable for you and your son/daughter.
  • Accountant: If you are planning to co-purchase the condo with your child, be sure to discuss the possible tax complication you may have with your accountant. Speak to your accountant prior to your purchase can be very helpful.
  • Manhattan Real Estate Attorney: In addition, speak to a local Real Estate attorney will be helpful as well since the local Manhattan Real Estate can also advise you what is the best way to structure the purchase and think about who/how should take the title of the deed.

Call us directly at (646)644-6929 to discuss your specific purchase as an international student or parents.

Foreign Buyer Buy NYC Condos-FAQ

We as Manhattan Real Estate professionals, we work with many international foreigners wanting to invest in Manhattan Real Estate. In addition to educate foreign buyers about the maze of Manhattan Real Estate market, our specialty is facilitate the purchase to ensure the transaction is smooth and successful. Below are some frequent asked questions by our foreign buyers, the answers are formulated by our team of professionals (tax accountants and attorneys who also specialized in foreigners purchase in Manhattan New York.) These answers are general and not case specific.  To best address your specific needs,contact us directly by email or call (646)644-6929.

Can Foreign Nationals buy a NYC condo without having Social Security Number or US residency?
Yes, they can legally, but have to meet the NYC Condo board’s requirements for approval. At the sale of the real property, Non-resident aliens are subject to federal withholding tax at 10% of the gross sales price, and to a 8.97% New York State estimate income tax on the net sales proceeds (gains).THUMBNAIL

Can Foreign Nationals with work visa or student visa buy Manhattan Properties?
Yes, they can legally, but have to meet the condominium/coop board’s requirements for approval.  If they remain non-resident aliens at the time of the sale of the real property, they will be subject to the same taxes at the time of sale, as above.

If not, what kind of documents should a foreign nationals prepare to be able to buy?
In order for a Foreigner to buy NYC condo, they need to have  a valid passport and/or other official photo ID for identification purpose.

What are the Options for Foreign Nationals (non-residents aliens) to hold title for NYC condos: (these answers are information only, we are Real Estate professionals, therefore, before you make a specific decision, we recommend you to discuss with our team of attorneys and tax accountants for your specific case.)

  • Individual: Individual may be exposed to unlimited personal liability, and to estate issues, for instance, inheritance,  will probate and estate administration, when the individual owner dies.
  • LLC: Limited Liability Corporation provides insulation for members from personal liability, but will incur maintenance costs, such as  filing fees for its formation, annual franchise tax  and is subject to higher formation costs (higher than a corporation).
  • Trust: Trust is an unincorporated entity, cannot hold title by itself; title must be reqistered in the  individual trustee’s name.;  the individual trustee may be exposed to unlimited personal liability.
  • S Corporation: S Corporation is a legal entity, insulates shareholders for from personal liability, does not pay income tax itself, the income tax liability is attributed to the shareholders.  It is subject to filing fees for incorporation, annual franchise tax, etc.
  • C Corporation:  C Corporation is a full fledged legal entity.  It provides shareholders insulation from personal liabilities.  It is a taxable entity for corporate income tax.  Any distribution of after tax profit to shareholders in the form of dividends will be subject to income tax for the shareholder.  It incurs maintenance costs, such as filing fees for incorporation, annual franchise tax, etc.  Its filing fees are less than that for the LLC.
  • Limited Partnership: the limited partner’s liability is limited to his/her capital interest in the limited partnership, whereas the general partner will be subject to unlimited personal liability.  Limited partnership, like general partnership does not pay income tax.  The income tax liabilities are attributed to the individual partners. A limited partnership need to file the partnership agreement with the government.

*These answers are general and not case specific. To best address to your specific case, contact us directly at (CONTACT US) and we can set up a confidential consultation.

If both husband and wife have green cards, will they pay tax similarly as above options?
Resident individuals owning real property pay the same taxes, but not subject to the gross 10% federal withholding tax and the 8.97% New York State estimate income tax on the gains at the sale of the real property.

Can the Foreigners avoid United States taxes?
The taxes cannot be avoided.  The non-resident investor must pay the above taxes at the time of closing of the sale, without the tax payments, the deed will not be accepted for recording.  After having paid the taxes, the non-resident investor may, but need not, keep the proceeds in the U.S. without additional tax (except income tax on the interest payment on such proceeds).

Breathtaking views at 25 Columbus Circle-Time Warner Center

Many of our VIP buyers love this condo building. Time Warner Center is located on the corner of Central Park south and Columbus Circle. This beautifully constructed, mixed-use, two -towered, glassed buildings replaced the old New York Coliseum on Columbus Circle and was completed in 2004/2005.

The Time Warner Center complex consists of retail space with shopping center, offices that include the headquarters of Time Warner, a jazz concert hall for Lincoln Center for the Performing Arts, a five star Mandarin Oriental hotel, CNN TV studios and over 200 condominium apartments.

The building has several street addresses: including 25 Columbus Circle for the South Tower and also known as One Central Park, 80 Columbus Circle for The residences at the Mandarin Oriental hotel, and 10 Columbus Circle for offices.

Columbus Circle Condos Part 1 – Time Warner Center condo- As of August 2010: here are the market prices for 80 Columbus Circle also known as Mandarin Oriental residences (SOUTH TOWER) :

  • 9 active sales listings: $5,839 per ft² (median)
  • 28 previous sales listings: $4,051 per ft² (median)
  • 62 recorded sales: $6,575,000 (average price)
  • Two Bedroom condominiums starts at $5,700,000.
  • Three Bedroom condominiums starts at $18,000,000.

If you would like to receive specific Time Warner Center Condo information, please contact us at 646. 644. 6929 We can discuss specifically as to what exposure works best for you.

Other Time warner Center and Central park New York condos information:

Perfect Condo Studio for the studio seekers

NEW ON MARKET. Perfect alcove Studio for studio seekers or investors. This is one of the most sought after condominium in the heart of Manhattan. Building amenities include:Driveway, Courtyard, Garage (Accessible From Elevator Banks); Health Club; Pool; Sauna; Jacuzzi, Squash Court, Basketball Court, Table-Tennis, Central Laundry Room; Valet; Digital TV; High Speed Internet Access, Package Room & On-site Dry Cleaner. CALL TODAY FOR APPOINTMENT.

We are Chinese speaking Real Estate Agents in NYC hosting Manhattan Condo Tours

We are Chinese Speaking Real Estate agents here in New York city (Manhattan New York). We often host Manhattan Condo tours that cater our buyers from overseas as well as local Chinese buyers since we are bilingual and understand the culture difference. We receive many television and film requests to come on the tour with us because of our experiences in hosting these successful condo tours and many people find this way of touring for properties fascinating and innovative.

So when IDTV Film wanted to film the story of how Dutch culture is similar to Chinese culture at certain aspects, they wanted to work and film our Manhattan Condo tour with the Chinese buyers. We were delighted to work with IDTV Film crew and we spoke to the producers and arranged them to come on one of our tours.

As Chinese Speaking Real Estate here in New York city, we will continue to have the tour in different  price ranges and Manhattan neighborhoods. It will all be condominiums that are friendly for foreign buyers as second home, investment, pied-a-terred. So they too can have their very own piece of Manhattan. Please visit our website to register or to find out more information please visit: http://www.ChineseBuyNYC.com

*BUYERS AND INVESTORS, we also cater property tours for other language speaking foreign nationals or private one-on-one consultation and tour. For a tour that is specific to your needs, please contact us EileenHsuNYC(@)gmail.com for specific details)*

*SELLERS AND DEVELOPERS, WE SPECIALIZE IN FOREIGN NATIONALS PURCHASING MANHATTAN CONDOMINIUMS/REAL ESTATE INVESTMENTS. CONTACT US TODAY TO DISCUSS HOW YOU CAN BENEFIT FROM WORKING WITH OUR TEAM TO MAXIMIZE YOUR MARKETING EXPOSURE TO OVERSEA MARKET. (we work with highly financial qualified buyers that are seeking to purchase multiple investment condominium units*

Manhattan Condo Buyers Must Read

1. If you need financing (mortgage),  speak to a reputable lender or mortgage consultant to see how much can you finance in economic climate. In today’s market, lending guidelines are changes daily, it is a must to know how much you can leverage.

2. Once you know how much you can borrow from the bank, you can start the home search. Do Have a realistic budget of what you are looking for. Manhattan New York condo is approximately $1,000 per square foot for average condos or fixer upppers depending on the neighborhood, you will need more than $500K to buy a one bedroom condo.  A good size of one bedroom condo (650 – 750 square feet) can priced from $650,000USD to $890,000 USD depending on the exposure, location and other important factors.

3. Speak to an accountant to see if you need to structure the purchase in a specific way to enjoy the tax deductible benefits of buying a Manhattan Real Estate. If you are a first time home buyer, is it beneficial to co-purchase the condo unit with your parents or alone; If you are an foreigner, is it better to buy it under your own name or start an LLC?; If you are an out of town investor, is this purchase going to be an investment property or?

4. Discuss with your banker if you have money in bonds and money market. Find out how many days will it take to liquidate your funds so you know once we have a verbally accepted offer. Often in Manhattan New York market place, the seller seeks 10% of the sales price as down payment at the time of signing contract. With that being said, if you are buying $1M Manhattan condo, you will need $100,000. at contract signing.

5. Do have a Manhattan New York Real Estate attorney ready. Manhattan Real Estate transaction requires each buyer and seller to have an attorney representing them in drafting and finalizing the contract. A good attorney can save you headaches, money and risks, ask your agent to refer you (3) attorneys so you can call and interview. Explain to the attorney what you are planning to do, and see which attorney you feel most comfortable to work with.

6. Contact us for help. We are experienced and knowledgeable Real Estate professionals that is well versed in Manhattan condo market. What is it that you are looking to buy? You want to find an agent that is familiar with the product that you are interest in buying. A Condo or Co-Op? Uptown or Downtown? Do you speak specific language that you preferred the agent speaks your mother tongue? Do you need an agent that work specifically with foreigners? Go on a search engine such as Google, try type in what you are looking for, and see if any agent shows up on the search result.

Call us today at (646)644-6929  to discuss your specific Manhattan Real Estate needs. We are experienced Real Estate professionals that will help you navigate through this Manhattan Real Estate maze. Call us now (646)644-6929.

Chinese Speaking Agent in NYC – Specialty with Parents buy for Children Five Big Tips

My name is Eileen Hsu (許雅嵐), I am a Chinese Speaking Real Estate Agent here in Manhattan New York, we have helped many Chinese Speaking buyers (parents) buying for their son or daughter that is currently living in New York city for work or school. Myself and my team covers various neighborhood of Manhattan from South of 125 Street all the way to Financial District. We also cover some certain neighborhoods of Brooklyn such as Brooklyn Heights, DUMBO, Williamsburg, and Downtown Brooklyn.

If your parents are buying the property for you, here are Five Big Tips:

  1. If you or your parents are new to Manhattan New York market, please know that there is condo and coop market. There is about 20-30% price difference between both housing product if we are comparing to two similar location, building condition, exposure and etc condo and coop. If you are looking at properties online, it is important for you to know that not all coop will accept a parents buying for children scenario. In fact, most coop that will accept parents buying for children require the young adult to have a good income job with minimum of two years of working history.
  2. If the parents are buying a condominium for child, in Manhattan New York, condo prices are commonly estimated by price per square foot. And the average price per square foot would be around $1,000 per square foot for Manhattan Condominiums, this exclude grand renovation, spectacular views, nor new construction. This price per square foot will vary based on location, condition, building amenities, size and many other variables. At $500,000USD, we will be looking at studio/alcove studios. At $750,000 USD, we will be looking at one bedroom condominiums. At $1,200,000 USD, we will be looking at two bedroom condominiums. Again, this is just a approximate price range for information purpose. Call (646)644-6929 to discuss your specific needs.
  3. Time frame: What is your time frame as to purchase a condo or co-op here? Does your child have a lease that may expire soon? If there is no financing involved, a resale condominium requires about 30-45 days to process a condo application once the contract is signed. If it is a Co-Op, it can take anywhere from 90 days to more to process the co-op board package and interview. If you need financing, the process can be much longer for both Condo and Co-Op.
  4. Funds: Is this going to be an all cash transaction? Or is it going to be financing? Prepare your funds and liquidate out of any money market for the down payment is essential. In Manhattan New York, at contract signing, we will require 10% of purchase price as down payment (deposit, earnest money). If you need financing, the bank may require you to put down 20% or more of the purchase price in order to obtain financing.
  5. Title of the property: Many of our buyers structure deals differently based on their specific needs and financial picture. Some prefers to co-purchase the property with their young adult child, some prefers the young adult to take title on their own, some prefers to establish an LLC (limited liability corporation) or a trust to hold the Real Estate. According to your needs, we can make some suggestions and also direct you to an expertise attorney who may be able to advise you better.

If you and your parents are from out of town (another country or another state), you may want to let them know that Manhattan Real Estate market is unique and unlike anywhere else in the world. The purchase process is different than anywhere else they are from. If they are not sure of the purchase procedure, contact us directly at(646)644-6929 so we can help explain it better to them. Call us today so we can help you navigate through the Manhattan Real Estate maze. We work hard to help you have a stress-free purchase. Call Eileen Hsu (許雅嵐) at (646)644-6929 now to discuss what kind of Manhattan Condo are best suitable for you.


242 East 25th Street Gramercy Studio delight

Studio buyers and investors: THIS IS YOUR OPPORTUNITY! Newly built Downtown Starter Alcove Studio with a competitive priced to sell. Recent 2005 construction, flexible sublet policy, condop (co-op with condo bylaw), investor friendly(Unlimited Sublet Policy), beautifully designed with granite kitchen countertop, open kitchen, washer and dryer in each apartment, roof deck, fitness center…!, Pet Friendly, Parents buying for Children are allowed. Call today to schedule a private appointment.


Manhattan Condo investment Under $500,000 USD

Manhattan Condo investment Under $500,000 USD is a popular request We receive several phone calls a day from investors and first time home buyers looking for properties under $500,000 USD.  Savvy buyers are on the market right now looking for a condo as their long term investment. Our team is active on the market and have a list of the best Manhattan Condos within that price range if that is what you are looking for.

Manhattan Condo investment Under $500K-Midtown Park Avenue Studio condo $499,000. (Rental value range $1,800-$2,150)* Approximately 500 Square foot, full time doorman building with pre-war details. This building is situated in the Midtown of Manhattan, conveniently located near all major subway stations and transportation. (monthly combined common charge and Real Estate taxes are approximately $900.)

Manhattan Condo investment Under $500K – Kips Bay recent construction Studio Condo $498,000. (Rental value range $1,650-$1,900)* Approximately 450 Square foot. Full time doorman concierge building. Health club, residents lounge, roof deck and laundry every floor. This particular apartment also features Empire States Building view. (monthly combined common charge and Real Estate taxes are approximately $850)

Last Manhattan Condo investment Under $500K-Grand Central station neighborhood Studio Condo $425,000 (Rental value range $1,800-$2,200)*CURRENTLY TENANT OCCUPIED FOR $2,200. This condo is located in one of the best neighborhood in Manhattan, it is close distance to Grand Central Station, major subway stations, and office buildings. This condo building has 24 hours doorman, swimming pool, fitness center and racquet ball court. (monthly combined common charge and Real Estate Taxes are approximately $700)

Manhattan Condo Under $500,000 are popular among pied-a-terred or second home buyers. Besides servicing the local market, we also work with many buyers from out of town, oversea foreign buyers. Manhattan New York is a city that everyone loves and would like to own a piece of. Our out of town buyers look into studio apartments as a long term investment as well as second home for them when they visit the city of Big Apple.  Not only it is a wise investment, they save the hotel expenses when they or their family/friends visit the big city. Especially during holidays, many of our out of town past clients come into Manhattan New York to enjoy the festive lights and the holiday energy that this big city has to offer.
To find other similar Manhattan Condo investment Under $500,000 USD that suits your needs, please Contact us for your own Real Estate consultation call (646)644-6929 or email EileenHsu(@)Gmail.com

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We are both English and Chinese Speaking Real Estate agents here in Manhattan New York with extensive market knowledge. In addition, we specialize in connecting the local Manhattan sellers with both local and international buyers with our preferred buyer networks. Call (646)644-6929 today.