Overseas investor client’s luxury flat close to financial centre
Posted by Wei Min Tan on June 23, 2021
Our overseas investor client’s luxury flat let out in one week. The success is driven by two sets of factors – presentation and desirability of the property.
Drivers of the luxury flat being let out in one week
Presentation: This refers to professional photography which makes the apartment look amazing, being nice and pleasant to potential renters when showing the property, pricing commensurate to market.
Desirability: Luxury amenities in the building, proximity to World Trade Center and Wall Street – major financial centres in New York. We represented our overseas client at the time of purchase and these are important factors when evaluating a good buy.
About the luxury flat
Property: 88 Greenwich Street #905, New York, NY 10006
Neighborhood: Financial District
Rent: $2,775 per month
Size: 577 sqft, 1 bedroom, 1 bath
Apartment 905 is in pristine condition and comes with High Ceilings, Hardwood Floors and top of the line appliances including a Sub Zero refrigerator, Viking stove and Fisher Paykel dishwasher.
88 Greenwich is a full service luxury condominium with amenities such as a Resident’s Lounge, Library, Billiard room, Concierge, Roofdeck, Internet/copy facilities.
Close to World Trade Center, Westfield Mall, subway trains 1/4/5/R
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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