Define the investment goal
Rental income, a second home and long-term appreciation lead to different buildings, ownership structures and timelines.
INVEST IN NEW YORK
We help international investors compare buildings, understand rental restrictions and carrying costs, and coordinate attorneys, lenders and tax advisers before making an offer.
HOW WE HELP
Rental income, a second home and long-term appreciation lead to different buildings, ownership structures and timelines.
Co-ops often limit renting and condos are usually more flexible, but every building sets its own rules. We review them before you make an offer.
Common charges or maintenance, property taxes, insurance and vacancy add up. We help you compare them across buildings.
Your attorney, lender and tax adviser answer the legal, financing and tax questions. We coordinate with them through closing.
WHAT TO COMPARE
The right path depends on how much you want to manage and how soon you may want to sell.
| What to look at | Buy to rent out | Buy a second home |
|---|---|---|
| Main focus | Rental demand, building rules and the income left after costs | Comfortable use when you visit and what happens when you are away |
| The property | Rental demand by area and building type | Location, layout and building services for occasional use |
| Building rules | Leasing restrictions and board or condo approval | Rules on renting the home while you are away |
| Context to compare | Comparable sales and asking-rent context | Resale considerations and your holding period |
| Costs | Taxes, common charges, maintenance and vacancy | Costs you still pay while the home is empty |
PIED-À-TERRE
Many co-op boards limit or ban use as a non-primary residence, and some cap subletting. Condos are usually more flexible, but every building sets its own rules.
Co-ops usually ask for detailed financials and a board interview, which can add weeks. Condos usually have a lighter approval process.
Second-home loans often need a larger down payment, some co-ops require cash reserves after closing, and not every lender lends to an LLC.
New York City recently enacted an annual surcharge on certain higher-value homes that are not a primary residence. The rules are still being tested in court, so confirm the current position with your tax adviser.
Spending many days in New York can raise tax residency questions, and New York estate tax can apply to New York property owned by non-residents. Ask your adviser before you buy.
A board interview or the closing may require you or a representative to be present. We tell you early which steps apply to your building.
General information, not legal or tax advice. Rules change and differ by building, so confirm the details with your attorney and tax adviser.
WHAT AN INVESTOR GETS WITH US
Costs, rental context and resale potential compared across buildings, with an investment analyst's eye.
Years of working alongside New York real estate professionals give us early access to properties that never reach the portals.
One dedicated contact who coordinates your attorney, lender and tax adviser through closing.
Live video tours, organized documents and updates in English or Spanish, and clear guidance on which steps need you or a representative in person.
We will respond as soon as possible and explain the best next step for your search.
Need help planning your move to New York?
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