50 West, Downtown Manhattan, New York City Residential Property Investment

Posted: 2 September 2014
By:Christopher Webber

Standing near the southern tip of Manhattan, 50 West will take its place as one of New York City’s iconic new skyscrapers. Principal International is delighted to offer buyers this unique investment opportunity in one of the world’s greatest cities, with residential apartments offering up to 6% NET rental return in New York’s fastest growing district.

 

New York City Apartment Property Investment

 

50 West Downtown Manhattan Property Investment

 

The 64-storey glass and steel structure will stand at approximately 780 feet tall, offering its residents uninterrupted 360° views of the Manhattan skyline, with views of New York Harbour, the Hudson and East rivers, The Statue of Liberty and Ellis Island.


Forming a part of the wave of redevelopment in Downtown Manhattan, 50 West will join the four new World Trade Center buildings, including The Freedom Tower, in reimagining the skyline in the area. The supply of residential property in Manhattan is rapidly declining, making 50 West an excellent opportunity to invest in the thriving Downtown area. With more than 600 technology companies and some of the world’s leading media operations moving from Midtown to the newest office spaces in the area, the upward trend of Downtown Manhattan is expected to continue.


Downtown Manhattan Residential Property Investment

•    Invest from $1,525,000 for a 1 bedroom apartment
•    2 Beds from $2,490,000
•    3 Beds from $4,240,000
•    4 Beds from $6,815,000
•    Penthouses from $18,630,000
•    Exceptional views from New York Harbour to the Atlantic Ocean
•    Four floors dedicated to luxury amenities including a Fitness Centre, the Water Club, unique children’s facilities and the Observatory at 50 West Street


Availability at 50 West is limited, therefore we advise investors to act promptly to avoid disappointment.


For further information on the 50 West, please click here.

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