{"id":120970,"date":"2026-02-03T04:59:09","date_gmt":"2026-02-03T04:59:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/120970\/"},"modified":"2026-02-03T04:59:09","modified_gmt":"2026-02-03T04:59:09","slug":"the-risk-for-overseas-investors-is-not-the-manhattan-market","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/120970\/","title":{"rendered":"The Risk for Overseas Investors Is Not the Manhattan Market"},"content":{"rendered":"<p>\n                        Posted by Wei Min Tan on February 3, 2026\n                    <\/p>\n<p>                        <a class=\"eventLayerTrigger\" data-category=\"External Link\" data-action=\"Clicked\" data-label=\"Google Review Link\" data-value=\"\" href=\"https:\/\/www.google.com\/search?sxsrf=ACYBGNSybg7U26x9pT0PM2TRziwqlLn5wQ:1575406809150&amp;ei=2czmXffWCM3I5gLhpIa4BQ&amp;q=wei+min+tan,+new+york+property&amp;oq=wei+min+tan,+new+york+property&amp;gs_l=psy-ab.3..33i160l2.214511.220004..220480...1.1..2.267.3655.16j12j3......0....1..gws-wiz.......0i71j0i131i273j0i131j0j0i67j0i131i67j35i39j0i273j0i20i263j0i22i10i30j0i22i30j38j33i299.K5cQ0Z3gQnw&amp;ved=0ahUKEwi3p_HZr5rmAhVNpFkKHWGSAVcQ4dUDCAs&amp;uact=5#lrd=0x89c258e5208284e5:0x57f5f139a382d42e,1,,,\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n                            <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/01\/google_reviews.png\" alt=\"google-reviews\"\/><br \/>\n                        <\/a><\/p>\n<p>When international buyers set their sights on <a style=\"color: #0000ff;\" href=\"https:\/\/en.wikipedia.org\/wiki\/Manhattan\" rel=\"nofollow noopener\" target=\"_blank\">Manhattan<\/a>, they often focus on the overall market trend.\u00a0 But the real pitfalls lie in the details of how they enter.\u00a0 Here are three key mistakes:<\/p>\n<p>\u00a0<\/p>\n<p><a href=\"https:\/\/www.castle-avenue.com\/media.html\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-4994 size-full\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/01\/Media-Appearances-8.png\" alt=\"\" width=\"926\" height=\"181\"  \/><\/a><\/p>\n<p class=\"mobile-formatting\">Read about Wei Min\u2019s style in\u00a0<a style=\"color: #0000ff;\" href=\"https:\/\/www.castle-avenue.com\/best-manhattan-property-agents.html\" rel=\"nofollow noopener\" target=\"_blank\">Best Manhattan property agents<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.castle-avenue.com\/buyer-broker-new-york-property.html\" rel=\"nofollow noopener\" target=\"_blank\">Role of a buyer\u2019s broker<\/a>.<\/p>\n<p>\u00a0<\/p>\n<p>First, the wrong building.\u00a0 Some buildings shine with flashy marketing, but that doesn\u2019t always translate into strong investment fundamentals.\u00a0 Investors may chase the \u201chot\u201d building without scrutinizing its long-term appreciation potential.\u00a0 A \u201cgreat\u201d building in hype might not be a great investment.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Wei Min\u2019s article,\u00a0 <a style=\"color: #0000ff;\" href=\"https:\/\/www.castle-avenue.com\/mistakes-to-avoid-when-investing-in-new-york-property.html\" rel=\"nofollow noopener\" target=\"_blank\">Top 5 Mistakes To Avoid When Investing In New York Property<\/a><\/p>\n<p>\u00a0<\/p>\n<p class=\"mobile-formatting\">Deal example:\u00a0 The Sutton in\u00a0<a style=\"color: #0000ff;\" href=\"https:\/\/www.thebenjamin.com\/experience\/neighborhood-guide\/\" rel=\"nofollow noopener\" target=\"_blank\">Midtown East<\/a>.\u00a0 Represented investor client to reserve at pre-construction, waited 2 years for completion, rented out immediately.\u00a0 Notice the casement windows and luxurious finishings, key drivers of the decisioning process.<img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-large wp-image-5932\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/02\/959-1st-Avenue_20B_Living-Room-1024x684.jpg\" alt=\"\" width=\"840\" height=\"561\"  \/><\/p>\n<p>\u00a0<\/p>\n<p>Second, the wrong basis.\u00a0 Entering at too high a price per square foot compared to similar properties is a frequent misstep.\u00a0 In the rush to secure a Manhattan address, some buyers pay a premium far above comparable units.\u00a0 Overpaying upfront can flatten or reverse returns down the line.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Third, the wrong apartment line.\u00a0 Even within a good building, choosing the wrong line of apartments is a hidden danger.\u00a0 Sometimes, certain lines are discounted for reasons that should raise questions\u2014limited views, odd layouts, or future construction impact.\u00a0 Selecting the right line is just as crucial as selecting the right building.<\/p>\n<p>\u00a0<\/p>\n<p>Wei Min\u2019s article,\u00a0 <a style=\"color: #0000ff;\" href=\"https:\/\/www.castle-avenue.com\/why-our-high-net-worth-clients-invest-in-manhattan-real-estate.html\" rel=\"nofollow noopener\" target=\"_blank\">Why Our High-Net-Worth Clients Invest in Manhattan Real Estate<\/a><\/p>\n<p>\u00a0<\/p>\n<p>Overseas buyers don\u2019t lose money because Manhattan failed.\u00a0 They lose money because they entered incorrectly.<\/p>\n<p>\u00a0<\/p>\n<p>What We Do<\/p>\n<p>We focus on <a style=\"color: #0000ff;\" href=\"https:\/\/www.castle-avenue.com\/foreign-buyer-guide.html\" rel=\"nofollow noopener\" target=\"_blank\">global investors buying Manhattan condos<\/a> for\u00a0portfolio diversification and long term return-on-investment.<br \/>1) Identify the right buy based on objectives<br \/>2) Manage the buy process<br \/>3) Rent out the property<br \/>4) Manage tenants<br \/>5) Market the property at the eventual sale<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-4995\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/01\/We-have-served-clients-from.png\" alt=\"\" width=\"926\" height=\"181\"  \/><\/p>\n<p class=\"\"><a href=\"https:\/\/www.instagram.com\/tanweimin\/\" rel=\"nofollow noopener\" target=\"_blank\"><br \/><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-2672\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/01\/IG-150x150.png\" alt=\"\" width=\"50\" height=\"50\"  \/><\/a><\/p>\n<p>                            <script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"Posted by Wei Min Tan on February 3, 2026 When international buyers set their sights on Manhattan, they&hellip;\n","protected":false},"author":2,"featured_media":106196,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[75,84,83,9,24,63],"class_list":["post-120970","post","type-post","status-publish","format-standard","has-post-thumbnail","category-manhattan","tag-manhattan","tag-manhattan-headlines","tag-manhattan-news","tag-new-york","tag-new-york-city","tag-nyc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/120970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=120970"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/120970\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/106196"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=120970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=120970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=120970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}