| New York City Real Estate Investing |  Need
help finding your next investment property? Contact
Us |
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"Could i begin life again, knowing what I now
know, and had money to invest, I would buy every square
inch of Manhattan." John Jacob Astor - Americas first millioniare |
real estate has led to a competitive buying market. New high-end condominium development further increases local property value
and serves to attract investors from all around the globe.
Since we are based in Manhattan, we are familiar with local buying trends as well as borough-specific market conditions. Our specialists can assist the national or international investor to locate and utilize market values through analysis of the current investing atmosphere. We provide potential investors with feasibility reports and sound, knowledgeable advice.
Access to comprehensive resources ensures that investors receive thorough, unbiased information on the viability of a particular neighborhood. We specialize in new construction and re-sale investment opportunities, both in investment grade and residential property.
New York City has a variety of neighborhoods that offer real estate investors a chance to own a piece of the Big Apple while diversifying their portfolio. If you are interested in learning more about how Elika Associates can help your investments realize a profit, please fill in the following contact form and we will get in touch with you within twenty-four hours. We look forward to working with you!
The following is a summary of our investment specialties:
- New Developments: It
is estimated that median prices in Manhattan
will rise by ten to twenty percent in
2007, even as the rest of the country
experiences a stagnant housing market.
Investors who choose to put their money
in real estate here can make anywhere
from a twenty to a one hundred percent
profit. As well, investing in new construction
is often less expensive, particularly
through the condominium market, since
down payments are less and there are fewer
restrictions for buying and selling. In
addition, new constructions usually have
tax abatements attached to them, so taxes
for the property for the first ten years
are eligible for moderate discount. We
work with investors to research investment
opportunities in new construction through
a variety of resources, including investment
grade condominium developments and retail
establishments.
- Re-sales: The popularity
of the re-sale market has increased in the
past few years, but there many aspects of
the market that demand an investor’s
attention. We can show you what you will
need to look for in a re-sell property that
might decrease the value of the property,
including the location, crime, and age of
the building, and the condition of the property.
We can then work with you to find the properties
that have the most potential. For investors
interested in purchasing multi-residential
properties such as apartment complexes or
condominiums, New York has a continuous
supply of investment opportunities.
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