| New York City Real
Estate Investing |
Need
help finding your next investment property? Contact
Us |
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.
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Elika delivers superior service, undivided loyalty, confidentiality and successful results borne from years of cultivating relationships and experience.
Limited landmass for expansion, population growth coupled
with an increased national and international demand for New York City real estate has led to a competitive marketplace. New York
City offers the real estate investor a wealth of opportunities to diversify or otherwise add to an existing portfolio.
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.
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Property Management |
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Elika Management. ensures a
hassle
free process when investing in New York. Learn
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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 - America's first millionaire |
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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
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