360º REAL ESTATE - CASE STUDY: 160 LEROY STREET
Domus Realty’s top-to-bottom approach to Real Estate investments - from investment strategy, to brokerage and property management - allows to maximize return on investment at every step of the process.
THE final result
Purchase date: May 2018
(Only furnished unit in the building, ideal for clients looking for a turn-key purchase)
$276,000 / year
Estimated rental income
HOW WE GOT THERE?
Domus Realty approaches Real Estate as Wealth Managers. We are incentivized to build property portfolios for the long haul. We do so by offering minimal involvement and worries for buyers knowing they can leverage a complete set of real estate services perfected over 30 years of experience.
STEP 1: INVESTMENT STRATEGY
To differentiate ourselves in an over-crowded new construction market, we first identified the most desirable building and neighborhood in Manhattan.
Taking into account how transient the New York rental market is, we elected to offer a turn-key ready property designed to attract busy and demanding renters.
STEP 3: INTERIOR DESIGN
We leveraged our Interior Design team expertise to turn this property into the only furnished rental in the building, while all eight others are being rented unfurnished.
This is a clear example of how design and project management skills result in superior financial returns.
STEP 2: BROKERAGE
Thanks to our 30+ years track record and close relationships with the City’s developers and marketers, we were able to bring our investor in at the very initial stage of pre-construction offering.
Our expertise with foreign investors and relationships with financial firms, we were able to commit to terms quickly.
STEP 4: PROPERTY MANAGEMENT
We close the circle by regularly delivering to our investor’s advisors all the necessary metrics and reports to monitor the investment’s performance.
We offer our investor peace of mind knowing that their property is maintained and stays competitive in the market.