New York Properties
New York City is a popular destination for international travel. With such
iconic sights on the agenda like the Statue of Liberty, the Empire State
Building and Ground Zero, the city receives millions of visitors each year. For
New York properties investors too, New York real estate represents an excellent investment
opportunity.Recommended New York Investment
Location: New York
Property: The Downtown Athletic Club
Property Type: Apartments in 1930s Art-Deco Style Condo Hotel
Prices: From $490,000 USD
Annual Rental Yield: 6.25% and upwards
Capital Appreciation: 20% to 30% over the next 3 - 5 years forecast
Property Description in New York
Built in the 1930s the Downtown Athletic Club on the southern tip of Manhattan
is an exquisite example of an art-deco style skyscraper building. It is a
registered landmark in Manhattan and until September 2001 it was an exclusive
private members sports club. Facilities included a large gymnasium, tennis
courts and squash courts. Following 9/11 the Club shut its doors. The building
has now been acquired by developers who are transforming it into a prestige
condominium residence.
The refurbished Downtown Athletic Club will comprise of a mix of studio &
one-bed apartments. Apartment sizes vary between 382 sqft and 660 sqft.
Floorplans are available upon request. Prices range between $490,000 USD and
$900,000 USD. Please check with us for availability.
For more details about this property investment opportunity please view the full
description - click here:>>
New York Condo Hotel
To contact the propertymagnate.com team about this listing please send an e-mail
to newyork@propertymagnate.com or telephone Seb Jay on +44 (0) 1525
635191
Other investment properties you might want to consider include Florida
investment properties
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