High-Rise Luxury Apartments in New York City
Why is it a good investment in New York Real Estate?
If you are planning to buy a home in New York City, do it now as prices will be increasing for the next few years. There are two million jobs in finance and business still drive the region with a big exposure to the world economy. The population growth is modest overall, but at its peak in New York City, which is a significant drivers of home prices. Overall, rents are high compared to incomes and high home prices force the majority of people to rent in Manhattan, Hudson county, Queens and Brooklyn. Thus, apartment buildings are an extremely attractive investment with a high yield and return on investment in the future. Some investments are interested in dividing single-family homes into multiple rental units. Due to the high proportion of immigrants in Brooklyn, Hudson County and Queens, there is a large spread of incomes, which lead to rental possibilities. Also, mortgages are a good investment at the moment because the value of properties will be continuously increasing in the next few years. Therefore, the equity cushion for new mortgages will grow rapidly, yet prices are in balance with local incomes, which indicates the risk of default is just average.
A remarkable luxury loft-like homes with an iconic neo-gothic early sky scraper in the heart of Madison Square Park, New York
The high-rise luxury apartments is located on the corner of Fifth Avenue overlooking Madison Square Park with a panoramic views of lower Manhattan and Madison Square Park, northern cityscapes and over the Broadway. The original architecture by Schwartz & Gross, 1912, Helpern Architects, 2015 with interior design by Pembroke & Ives.
All residences feature loft-like open layouts and beamed ceilings with ceiling heights range from 10’6’’ to 11’4’’, chevron-pattern oak hardwood flooring in living rooms with oversized windows and stunning book-matched arabescato marble foyers. Gourmet kitchen features calcutta gold marble countertops, Gaggenau appliances, Waterworks R.R Atlas Collection fixture and U-Line 43 bottle wine refrigerator. The historical building amenities include a fully equipped fitness centre, studio space for pilates and yoga, children’s playroom, gold simulator, residents’ lounge, 24/7 doorman and concierge services.
A duplex penthouse at the Plaza, New York
The dreamy duplex penthouse at the Plaza in New York features unobstructed views of Central Park and Fifth Avenue with a private terrace. The penthouse has 8 rooms in total and luxe details abound including a spiral staircase, wet bar, library and family room. The master en-suite bedroom features his and hers dressing rooms. Full service white glove building, spa, health club, food court and maid service are all accessible to residences. A truly city dweller’s dream!