Freehold apartment with terrace in Financial District, Manhattan

Posted by Wei Min Tan on August 16, 2020

Freehold loft condo with terrace in Manhattan’s Financial District

 

Property: 99 John St, Apt 501, New York, NY, 10038

Neighborhood: Financial District

Sale Price:  $895,000

Size:  807 sqft interior, 105 sqft terrace

Previously rented at:  $3,525 per month

Common charges:  $576 per month

Taxes:  $982 per month

Rental Yield for investors:  2.63%

 

 

LOFT with TERRACE!

Apartment 501 features a 105 sqft Terrace, a rare retreat and entertainment area. The Sleeping Area fits a queen-sized bed and side tables with room to spare. Amazing Walk-In Closet! High Ceilings, Dining Area and Top-End Kitchen make this an incredible value for money.

99 John Street is a Full Service Prewar Art Deco building designed by Shreve, Lamb & Harmon, the architects who built the Empire State Building. Amenities include a Fitness Center, Residents’ Lounge, Outdoor Garden, Roofdeck and Playroom. Close to the World Trade Center, South Street Seaport and the Fulton Street subway station (A/C, 4/5, 2/3, J/Z, R trains).

Note: Property taxes shown is WITHOUT Condo/Coop Abatement, available for primary residence owners.

 

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Apartment Photos

 

 

 

 

 

 

 

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

 

Wei Min’s media interviews by CNBC, CNN, New York Times on the subject of investing in Manhattan property

 

 

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Related Articles:  

Foreign Buyer Guide to Investing in New York Property

Benefits and risks of investing in a Manhattan property

How to invest in Manhattan property

About Wei Min

  • Focuses on investors of Manhattan condominiums, interviewed by CNBC, CNN, Wall Street Journal, New York Times
  • Ex-Citibanker, managed $500 million portfolio
  • MBA, University of Illinois at Urbana-Champaign
  • Manhattan resident since 1999. Currently lives in Tribeca with wife and 2 kids
  • 352 burpees in 23 minutes, student of muay thai kickboxing

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About Wei Min


  • Focuses on investors of Manhattan condominiums, interviewed by CNBC, CNN, Wall Street Journal, New York Times
  • Ex-Citibanker, managed $500 million portfolio
  • MBA, University of Illinois at Urbana-Champaign
  • Manhattan resident since 1999. Currently lives in Tribeca with wife and 2 kids
  • 352 burpees in 23 minutes, student of muay thai kickboxing

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