How to determine a good NYC condo investment?

How to determine a good NYC condo investment?

We talked on the phone with a lady from Hong Kong today who is looking to purchase a condo investment here in Manhattan New York because she believes now is a good time to invest in Manhattan New York.

We are seeing a lot of condo sale activities coming from Hong Kong buyers and many of our serious buyers are finding good long term investments with our help.


We talked in details with her and her investment goals and based on her criteria, we will email her some potential properties and when she arrive at New York, we will have narrow down to 5 properties for her to finalize.

Before we hang up the phone, she asked me what determines a good Manhattan New York condo investment.

Below are the few points in our suggestions to her:

Investment Location: This is number one key in Real Estate investment, many of our Chinese buyers are very savvy and sophisticated with this concept. Many of our buyers have purchased properties in other prime neighborhood of other countries.  New Yorker rely on public transportation, so convenient location such as subway, trains and buses stations is ideal.  If the building is near a subway station, the condo is easier to rent out or resell in the future. Nobody ever complains about having too many transportation options, but they definitely complain about having to walk 15 minutes just to get to a subway.

Condo Carrying charge: Many of our international and Chinese buyers invest in all cash, no US mortgage. So if you are purchasing this all cash, after you purchase the condo, you, the owner (or landlord) is responsible to pay condo common charge every month and Real Estate taxes every three month (per quarter yearly). So if the condo building has lower combined carrying charge (the common charge and Real Estate taxes), the more net profit there is on the investment for you the owner. Every condo building is different when it comes to the common charges and real estate taxes so determining the value proposition each building has is a necessary aspect of the purchase.

Condo Sale price: The sales price of the condo is often determined based on what has been sold in the building before, for example, if in the same condo building, condition, view & exposure, unit size and layout is the same sold for $1,500,000 last week, and you can buy the downstairs unit with identical condition and layout for $1,450,000 because the seller is very motivated, then you may be buying a deal, relative to units in the building. When it comes to condo sales price comparison of ‘a deal’, it is always ideal to compare within the same building, same neighborhood, same period of time of the market condition and exposure of the condo to determine if it is a good deal or not.


Condo building house rules and rental policies: Each condo building is governed by a board of directors that will ensure building quality of life is up to its standard. Each condo building will have its own “House Rules & Policies” that residents will have to abide by and follow. Although condo generally have very flexible and unlimited sublet or rental rules, each condos can still have specific rules about the rental process. This can be sublet fees that is due by the owners, sublet renewal fees, application process and etc. As an investor, it is very important to know these specifics and evaluate if this works for your scenario. We have sold in many Manhattan condo buildings, so we are very familiar and well versed in many condo buildings’ policies and what are some of the common practice.

Team up with experienced Real Estate Professionals When determining a good Manhattan New York condo investment, ultimately we are talking about a property that is going to hold it’s value and have the best opportunity to maximize appreciation in the future.  Every person comes with their own thoughts on what makes a good investment, but working together with us, experienced Real Estate agent in the Manhattan condominium market our experience will help you make a more well informed buying decision.

Our team work with many buyers who would like to invest in Manhattan New York not just Chinese speaking buyers, many of our buyers are international or out of town buyers that rely on our guidance and recommendation on how to navigate through this market place. If you are interest in finding a good Manhattan New York investment, give us a call at (646)644-6929.

Click below for other blog posts:

Chinese Real Estate Agent found NYC condo for second home buyers

Chinese Speaking Real Estate agent Eileen Hsu team found NYC condo for second home buyers in Manhattan New York.

Our team has been working under Douglas Elliman Real Estate for nearly 10 years, we have formed many great relationships with our fellow agents in the company and help each other with buyers and sellers when we can. Months ago, another agent in our company asked us to help them with the buyers to closed on a property, we were glad that we can lend a helping hand.


The buyers, Dr. Liu and Mrs. Liu are wonderful couple, they are educated, successful and children are grown off to college and now they were looking to purchase a second home in Manhattan New York while they are in NYC.  They were looking to purchase a NYC condo that they can use during the week while they work in Manhattan.

Luckily they were able to find a suitable condo in a convenient location near Central Park and they were very happy with the purchase.

At the closing table, there is the happy couple Dr. Liu and Mrs. Liu and sellers that were also happy that they were able to sell to a wonderful couple. It was a great day.


We are Chinese and English bilingual speaking Real Estate team, we work with both buyers and sellers. We pride ourselves to connect serious sellers with motivated buyers.

We are constantly educating buyers about the market place and as well as explaining the culture difference between East and West. Many buyers praised our professionalism and our sellers continues to refer their business to us because we sell their properties to many all cash buyers.

If you would like to work with Chinese Speaking Real Estate Agent Eileen Hsu and her team. Contact us today at (646)644-6929 or email using form below.

Mandarin Chinese Real Estate agent help Parents buy for Children

Mandarin Chinese Real Estate agent help Parents buy for Children

We are a team led by Eileen Hsu, Mandarin Chinese Real Estate agents help parents buy condos for children in Manhattan New York Real Estate market. Many of our Chinese buyers are from oversea such as Taiwan, China, Hong Kong, Singapore, Malaysia, Indonesia and Canada, their main reason of buying is because their young adult children work in Manhattan New York or go to University in New York.
As Mandarin Chinese Real Estate agents help parents buy condos for children, we help buyers understand the general Real Estate market place by providing an overview and basic knowledge.  As many of the buyers are international buyers, there are many differences in Real Estate market understanding based on buyers’ previous idea of NYC Real Estate and as well as what they might have heard or read in the news media.
Communication is very important working as Mandarin Chinese Real Estate agent team. Once we understand what our buyers parents buy condo for children are looking for, we will make some recommendation and suggestions based on their criteria. We will recommend the type of housing product, neighborhood, buildings that will work best for their needs, and connect them with trusted advisers such as accountants, lawyers, financial planners and etc to ensure their purchase is well and sound.
If you are a parent looking for a world class service team to help you buy condo in NYC with a Mandarin Chinese Real Estate Agents in New York city, contact us today by email and we will reply to you promptly. Or call (646)644-6929, either team leader Eileen Hsu or one of the specialist will get back to you as soon as possible.

Mandarin Chinese Agent answered an Frequent Asked Question


紐約曼哈頓在地產界是個奇特的市場,這是個世界金融中心,也是時尚的趨導者,這些眾多優勢吸引了各式各樣買家從世界各地擁入這地方。由於國外買家不清楚紐約 特有的交易規則,經常會誤解紐約的交易程序。國外買家經常會用他們本地的交易方式套在曼哈頓的交易方式,忽略到紐約的交易方式並不是如他們所想像。介由我 們—我們會跟您詳細的解釋紐約房地產交易過程,迎導您如何觀察紐約房地產市場、怎麼進/出場、怎麼在適當(優勢)時間出價、及怎麼讓您入戶您想要的公寓。 讓您馬上瞭解紐約這一塊獨特的房地產世界。

Mandarin Speaking Agent Manhattan NYC explains how to make offer to NYC condo

Mandarin Speaking Agent Manhattan NYC explains how to make offer to NYC condo


在 紐約,合同(契約)並不是由房仲業者來寫。交屋日期也不是地契公司 來挑選。紐約曼哈頓是一個房市仲裁區,所有房地產有關的業務都必須經由有紐約曼哈頓房地產認證許可的律師處理。買方及賣方各自需要一位有認證許可的律師代 表他們處理這些業務。我們在業界有許多交易經驗及人脈,可以介紹及提供最適合您購屋需求的律師給您。


任何保障條約:在 紐約曼哈頓,若要先脫售自有的地產來完成這交易–經常出現的條約為1. 確保銀行貸款批准 2. 確保銀行轉匯完成交易 3. 其他交易的保障. 曼哈頓房地產業界平時並沒有驗屋期這程序,因大部份的商品都是公寓結構,或合作公寓,沒有像獨棟樓房那類的驗屋期。也因此大部份時候契約合同上並不會有像 其他州有的驗屋條約這項,曼哈頓公寓基本交易方式就是照原樣買。

交屋日期:這 會根據您買的是新建計畫還是二手房而定。若是新房而賣家是建商,房屋也已完善,交期可以在一兩個星期內完成;若計畫還在建設中,這交期也相對的跟建設完善 後而定。若賣家是轉賣,而且準備好要搬遷,跟全現金交易— 交期會在公寓委員會四十五天內批准後而定。(若是要貸款購屋—交期會在公寓委員會60 ~ 90天內批准後而定。




若您或您有認識的人想在曼哈頓置產,請您來電給我們(646)644-2929 或者電郵件。以我們豐富的交易經驗提供您最完美最完善的服務。我們也提供客製化置產投資諮詢,依您的需求為您找到最好的置產投資計畫。

Chinese Mandarin speaking Real Estate team in Manhattan

Chinese Mandarin speaking Real Estate team in Manhattan

Eileen Hsu and Catherine Jin are Chinese Mandarin speaking Real Estate team in Manhattan. Many buyers work with us because we are efficient, on point and direct. 

When representing buyers, we ensure we protect our buyers interests and negotiate the most favorable deal for our VIP Chinese buyers. Our past clients usually refer their family and friends to us because our exceptional service and result.

Our Chinese Mandarin Speaking Real Estate team are very well versed and experienced in offering helpful information for Chinese buyers and investors from local Manhattan communities, China, Taiwan, Hong Kong, Canada, Malaysia, Singapore and the USA.

Call us today at (646)644-6929 and our experienced team and help you find the right investment today in New York.

Eileen許 和 Catherine金 是在曼哈頓地產界中會說普通話的華人專業團隊。許多買家與我們合作,因為我們高效率,直率、切入重點,不耽誤客戶保貴時間。



會。若想知道更多詳情請打電話與我們連繫 (646)644-6929。

Mandarin Chinese Real Estate Agent NYC specialize in Manhattan NY condos

I am a Mandarin Chinese Speaking Real Estate agent that work with many local and oversea Chinese home buyers looking to buy in Manhattan New York.

Many of our Chinese Mandarin speaking home buyers work with us because they are referred by their friends or family relatives who already have bought another condo in Manhattan New York.


Many of our past Chinese speaking clients feel that our team is very high efficiency and prompt in responding to all of their inquiries. Our buyers come to Manhattan New York to buy for their son or daughter who is already in NYC working or go to university.


The parents buy usually $800,000 USD one bedroom to large apartment three bedroom up to $4,000,000 USD in different neighborhoods of Manhattan.

這些家長平時購入的都是選於美金八十萬 ~ 美金四百萬上下的公寓,由於曼哈頓地區不一,價格上有從一房到三房不等。

Some Chinese buyers who are entrepreneur or in business oversea also invest their money in New York City Real Estate because we can have high income every month. One bedroom condo can rent anywhere from $3,000-$4,500 per month and three bedroom condo can rent up to $20,000 USD per month if it is in very desirable neighborhood.

有美金三千~ 美金四千的月租金;三房公寓的月租金則可以上看到 美金二萬(月租)。

We have lots of experiences in finding the suitable condo for buyers prefer to speak Mandarin. Call us 646 644 6929 and we can discuss in detail.

會。若想知道更多詳情請打電話與我們連繫 (646)644-6929