Special offer

Manhattan Condo investments under $500K

By
Real Estate Agent with Douglas Elliman Real Estate

Manhattan Condo investment Under $500K is a popular request - We receive several phone calls a day from investors and first time home buyers looking for properties under $500,000.  Savvy buyers are on the market right now looking for a condo as their long term investment. Our team is active on the market and have a list of the best Manhattan Condos within that price range if that is what you are looking for.

Manhattan Condo investment Under $500K-Midtown Park Avenue Studio condo $499,000. (Rental value range $1,800-$2,150)* Approximately 500 Square foot, full time doorman building with pre-war details. This building is situated in the Midtown of Manhattan, conveniently located near all major subway stations and transportation. (monthly combined common charge and Real Estate taxes are approximately $900.)

Manhattan Condo investment Under $500K - Kips Bay recent construction Studio Condo $498,000. (Rental value range $1,650-$1,900)* Approximately 450 Square foot. Full time doorman concierge building. Health club, residents lounge, roof deck and laundry every floor. This particular apartment also features Empire States Building view. (monthly combined common charge and Real Estate taxes are approximately $850)

Last Manhattan Condo investment Under $500K-Grand Central station neighborhood Studio Condo $425,000 (Rental value range $1,800-$2,200)*CURRENTLY TENANT OCCUPIED FOR $2,200. This condo is located in one of the best neighborhood in Manhattan, it is close distance to Grand Central Station, major subway stations, and office buildings. This condo building has 24 hours doorman, swimming pool, fitness center and racquet ball court. (monthly combined common charge and Real Estate Taxes are approximately $700)

Manhattan Condo Under $500K are popular among pied-a-terred or second home buyers. Besides servicing the local market, we also work with many buyers from out of town, oversea foreign buyers. Manhattan New York is a city that everyone loves and would like to own a piece of. Our out of town buyers look into studio apartments as a long term investment as well as second home for them when they visit the city of Big Apple.  Not only it is a wise investment, they save the hotel expenses when they or their family/friends visit the big city. Especially during holidays, many of our out of town past clients come into Manhattan New York to enjoy the festive lights and the holiday energy that this big city has to offer.

To find other similar Manhattan Condo investment Under $500K that suits your needs, please Contact us for your own Real Estate consultation call (917)837-8869 or email us at ehsu(@)elliman.com

 

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We are both English and Chinese Speaking Real Estate agents under one of the most successful Manhattan Brokerage firm Prudential Douglas Elliman with extensive market knowledge. In addition, we specialize in connecting the local Manhattan sellers with both local and international buyers with our preferred buyer networks.

Call us today at (917)837-8869.

Posted by

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Eileen Hsu 許雅嵐 (email: EHSU(@)elliman.com)

Our team specialize in Manhattan New York Condominiums, townhouses, and condops.

We are condominium residents ourselves so we understand the Manhattan New York condominium community. We also enjoy all Manhattan neighborhoods, especially Upper West Side, Lincoln Square, Midtown East, Murray Hill, Financial District, Chelsea, Fifth Avenue, Greenwich Village, Nolita and etc just to name a few. If you or you know someone that may be interested in selling, buying or leasing their Manhattan New York condo, call us today (917)837-8869 or (646)644-6929 and we can discuss your specific Real Estate goals.

Manhattan New York Condo Specialists or Chinese Speaking Real Estate Agent

 

Comments(7)

Cherise Selley
Selley Group Real Estate, LLC - Colorado Springs, CO
Colorado Springs Realtor

Eileen,

Cherise and I give our best to your efforts to move the less than 500 condo range.  gordon

Jul 20, 2010 04:32 AM
Gerry Michaels
Glasswork Media Arts - Gettysburg, PA
GettysburgGerry Social Meida

Some day I will be making the move back the city, I really miss it...

Jul 20, 2010 05:51 AM
Eileen Hsu
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

Hello Dr. Gordon and Cherise - Thank you for stopping by, we sell these starter studio condos quickly and it is always a good investment property as well.

GERRY, Welcome back to the jungle anytime...

Jul 20, 2010 03:01 PM
Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

A very wise investment indeed. Great amenities, views and for those overseas, it is a wise move to look for these condos instead of staying in at hotel during vacay.

Jul 20, 2010 08:09 PM
Ruthmarie Hicks
Keller Williams NY Realty - 120 Bloomingdale Road #101, White Plains NY 10605 - White Plains, NY

Anything under $500k in Manhattan is a good investment!  They must go very fast.

Jul 21, 2010 04:56 PM
Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

I wish I live in Manhattan!!!

Jul 24, 2010 09:50 PM
J. Philip Faranda
Howard Hanna Rand Realty - Yorktown Heights, NY
Associate Broker / Office Manager

When I buy my Manhattan condo(s) you will be my agent. But it won't be this year unless I hit powerball. 

Jul 29, 2010 03:41 AM