Tribeca luxury condo with high rental return close to World Trade Center, Goldman Sachs
Posted by Wei Min Tan on March 20, 2023
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
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.
Read Wei Min’s article: New Launch Condo Projects in Manhattan
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