Elika Associates specializes in locating investment properties with the potential for strong capital growth that return healthy yields and attract stable long term tenants.

With risk aversion and diversification at the top of the list for property investors, Elika provides detailed responsive and proactive advisory services helping investors locate, negotiate and purchase New York City residential and commercial investment properties.

New high-end condominium development further increases local property values and serves to attract investors from all around the world. Since we are based in Manhattan, we are familiar with local buying trends as well as borough - specific market conditions.

Elika tailored services include:

• Comprehensive needs analysis
• Guidance through purchase process and property selection
• Comparable market analysis
• Submitting offers and expert contract negotiations
• Top attorneys, accountants and mortgage bankers
  
  

Our specialists can assist the national or foreign investor locate investment grade condominiums, mixed-use, multi-family townhouses and 20+ story skyscraper commercial opportunities through preferred access and extensive knowledge. We provide potential investors with feasibility reports and expert, unbiased advice.

Access to comprehensive resources ensures that investors receive thorough, independent information on the potential of a particular property and neighborhood.

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 an Elika expert can help your property investment realize a profit, please complete 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 within the next 5 yrs, even as the rest of the country experiences a stagnant housing market. Investors who choose to put their money in New York City real estate can often make anywhere from a twenty to a one hundred percent profit depending on the hold period. 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, many new constructions have tax abatements attached to them, so taxes for the property for the first ten years are eligible for a significant discount. We work with investors to research investment grade opportunities in new developments throughout all areas in Manhattan.

Condo Re-sales: The popularity of the re-sale market has increased in the past few years, but there are many aspects of the market that demand an investor’s attention. We evaluate all aspects of the property in addition to the price that includes issues that may decrease the value of the property, including the location, crime, and age of the building, as well as condition of the property. We then work with you to find the properties that have the greatest potential. In addition for investors interested in purchasing multi-residential properties such as apartment complexes or condominiums, New York has a continuous supply of investment opportunities.

 Need help finding your next investment property? Contact Us