Good luck to you Mddoc27!
My advice is to speak with a knowledgeable Real Estate Broker and a good NYC real estate lawyer for guidance.
I represent the owners of several investment properties in NYC and would be most happy to speak with you.
Here you can find units have with two stories and double-height ceilings.
-- Battery Park City, Manhattan -- Battery Park offers great value potential in owning and investing.
The Hudson River is steps away. You can find nice Studios starting at mid $500,000 and one-bedrooms starting around $645,000.
Co-ops would normally be cheaper than condos, but harder to sublease, so you may want to look for a building with a liberal sublet policy.
There are many factors you need to consider before investing. I will be happy to go over them with you . Contact me today for a list of great investment quality properties!
Sotheby's International Realty
Halstead Property, LLC