Tribeca luxury condo with high rental return close to World Trade Center, Goldman Sachs

Posted by Wei Min Tan on March 20, 2023

Tribeca luxury condo with high rental return close to the World Trade Center, Goldman Sachs.

Property overview

Address: 200 Chambers Street, #3P, New York, NY 10007

Price: $1,425,000

Common charges: $757

Property taxes: $1,035

Size: 697 sqft

Rent potential: $5,800

Rental yield/Cap rate: 3.4%

Read Wei Min’s article: Why Singaporeans are attracted to Manhattan, New York property

Read about Wei Min’s style in Best Manhattan property agents and Role of a buyer’s broker.

Luxury Apartment 

3P is a corner apartment with dual North/East exposures.  Breathtaking views of Washington Market Park and the Jenga Building to the North, and the Gehry, Woolworth and Four Seasons Hotel to the East.  Floor-to-ceiling windows flood the space with natural light, while the views offer a mesmerizing backdrop of Tribeca.

Read Wei Min’s article: Best size investment apartment to rent out in NYC

Kitchen, bath and bed

The windowed kitchen features space for a movable island, lava stone countertops and appliances from Viking, Miele and Subzero.  The bedroom is a serene oasis of comfort with ample closet space.  The bathroom is outfitted with marble finishes, a deep-soaking tub and KWC fixtures.  Hardwood floors provide timeless elegance, while the dual exposures provide abundant natural light throughout the day and captivating views at night.

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Neighborhood and Amenities

200 Chambers is a luxury condominium building in Tribeca.  Building amenities include a 24-hour concierge, fitness center, resident lounge, a Zen garden, and a landscaped rooftop terrace with stunning panoramic views of Tribeca.

Conveniently located near train lines 1, 2, 3, A, C, E, R, W and PATH.  Whole Foods and Barnes & Noble are across the street while local favorite restaurants like Locanda Verde, Tribeca Grill, Shake Shack are close by.

What We Do

We focus on global investors buying Manhattan condos for portfolio diversification and long term return-on-investment.
1) Identify the right buy based on objectives
2) Manage the buy process
3) Rent out the property
4) Manage tenants
5) Market the property at the eventual sale