Your Prime Manhattan Realty broker is an expert in all aspects of New York investment property, from the initial determination of whether to invest in a commercial or residential development to the final stages of the purchase agreement. We offer every client our unparalleled knowledge of the Manhattan investment property market at every step of the way.

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New York City investment properties have historically been some of the world's most valuable real estate, and the trend shows no sign of slowing. Commercial and residential development in Manhattan continues at a breakneck pace, leading to countless success stories.

However, purchasing New York investment property is hardly a simple process. There are numerous issues to take into account, and the rabidly competitive real estate market is very challenging to navigate. When you choose to purchase Manhattan investment property, review your finances and determine the best way to invest. You won't want to purchase a commercial or residential development that is so expensive that have no capital left to administer it or make improvements. Give yourself adequate breathing room, to pay for expenses both expected and unexpected.

Many people invest in Manhattan residential investment property with the intent of living in one unit and renting out the rest. Doing so may be very profitable, but it has many risks. Be sure you have enough money for surprise repairs, covering the mortgage during vacancy periods and all taxes. Commercial Manhattan investment property may require significant renovations before it is ready for a qualified tenant.