Asian American New York Property Agent
Posted by Wei Min Tan on August 14, 2024
Chinese Asian American New York property agent Wei Min Tan is a Manhattan property agent focusing on global investors buying Manhattan condominiums for asset diversification and long term returns. Wei Min is originally Malaysian Chinese but has lived in Manhattan since 1999, longer than he has in Malaysia.
Read about Wei Min’s style in Best Manhattan property agents and Role of a buyer’s broker.
New York’s top Chinese/Asian Property Agent
Wei Min is New York’s top Asian American agent with clients from countries including the United States, Hong Kong, Singapore, Malaysia, United Kingdom, France, Thailand, Australia, Saudi Arabia, Russia, Kazakhstan, Bahrain, Kuwait, Indonesia and Taiwan.
Wei Min’s article, How to Invest in Manhattan Property, Profit, and Repeat
In a testament to negotiation savvy, The New York Times opened with Wei Min’s deal in the cover story Developers Cease Condo Incentives. A foreign buyer expert, Wei Min was interviewed by CNN in Foreigners Scooping Up U.S. Homes. He was on NBC’s Open House TV shows and was previously the Manhattan property columnist for TheStreet.com.
Citigroup, Finance Background
Prior to real estate, Wei Min was a Vice President at Citigroup responsible for a $500 million credit card portfolio. He was awarded Citigroup’s Chairman’s Leadership Award, given to the top 2 percent of managers each year. Wei Min moved from Malaysia to the U.S. in 1994 for university studies. He currently resides in Tribeca with his wife and two sons and has lived in Manhattan since 1999.
Wei Min is a New York Associate Real Estate Broker, member of the Real Estate Board of New York (REBNY) and member of the International Real Estate Federation (FIABCI). Wei Min graduated with an MBA from University of Illinois at Urbana-Champaign and BA from Marshall University. He speaks Bahasa Malaysia, Cantonese Chinese and conversational Mandarin Chinese.
Wei Min can be reached at tan@castle-avenue.com
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
Deal example (photo below): Represented multiple clients who bought at new launch condo The Sutton in Midtown East. Booked at pre-construction discount, waited 2 years for completion, rented out immediately upon completion. Buying decision driven by proximity to United Nations, Citigroup Center, Blackstone, BlackRock headquarters.
Wei Min’s article, Buying New Launch vs Resale Condo in Manhattan
Deal example (photo below): Represented foreign investor who bought condo with tenant in place. Condo is at 88 Greenwich, in Financial District which is a value buy. High end luxury finishes and 1 block away from World Trade Center are drivers for the investment decision.
Wei Min’s article, Investing in Condo in Manhattan with Tenant in Place, Key Points to Consider.
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Additional Articles by Wei Min:
New York Investment Property Strategies
How Recessions Impact Manhattan Property
Article updated August 14, 2024
