Manhattan Condo Investments
Started by ximon
over 7 years ago
Posts: 1196
Member since: Aug 2012
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Just out this week is an analysis of 2,500 Manhattan condos recently purchased and offered for rent. Interesting though not entirely surprising conclusions include: 1. Cash on cash returns declined from 3.9% Q3 2011 to 2.5% Q2 2017 2. Returns are higher for smaller apts., less expensive apts. and sub-prime apts. https://streeteasy.com/blog/condo-investment-returns-nyc/