New York City is one of the most popular U.S. cities for real estate investments by foreign investors. As an island, Manhattan has limited availability of land which drives the demand for real estate in the city. New developments, pre-war building conversions, and income producing properties are some of the investment opportunities in Manhattan.
 International investments in New York City must be chosen carefully. Many international buyers purchase NYC condos for their personal apartments instead of co-ops. Many co-ops do not allow part-time residents or pied-a-terre. Most co-op boards have strict requirements buyers must meet in order to purchase in a co-op building. Requirements such as submitting the last the two years of U.S. income tax returns or a U.S. Social Security Number make it difficult for foreign investors to qualify. Additionally, most co-ops do not allow leasing in their buildings and many investors desire income producing apartments.
Debbie can provide the expertise required to simplify international investment in Manhattan. She enjoys working with foreign clients, has traveled to 20 countries worldwide, is a member of the International Real Estate Federation, and has earned her TRC (Transnational Referral Certification).
Please call Debbie at 877-Deb-0007 (877-332-0007), or use the form below for more information.
|