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.
Good luck to you Mddoc27!
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