Manhattan New York Property – investment condo yield / cap rate

This first episode talks about the cap rate, or net rental yield, of a Manhattan condo. The cap rate allows one to compare a real estate investment vs other alternatives. It excludes leverage, which is good because different people have different leverage tolerances. Castle Avenue Partners at Charles Rutenberg Realty is a Manhattan real estate broker and property manager. We help clients build a real estate portfolio, from buying the first primary residence to investment properties. Visit our website at www.castle-avenue.com.

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