When it comes to real estate investing, investors can see attractive returns by creating multiple streams of income. A strong diversification of that portfolio comes through investing in commercial real estate in NYC. Here are a few reasons.
Rental Yield
When you invest in a piece of commercial real estate in NYC, you don’t have to worry about some of the things you have to be concerned about with residential real estate. Commercial rentals are much higher because the retailer needs your property in order to conduct their business. A breach of the lease can lead to near catastrophic losses to a business owner.
Appreciation of the Property
If you own a vehicle, you already know once you drive the car off the lot, you’ve lost money. When it comes to real estate, your property will appreciate in value. You don’t have to worry about the property losing value. It will be worth more as time goes on. If the company you rent to is successful, it would behoove them to stay in the same location.
Commercial Real Estate Investments Are Inflation Proof
Inflation is a way of life for the most part. If you decide to invest in commercial real estate in NYC, your investment will gain as everyone else loses on inflation. As inflation increases, the cost for maintaining your commercial property does not. In fact, you can increase the rent to match increases.
Build Equity with Improvements
Building equity in real estate is easy. Every time you make an improvement with your rental property, you increase its value. Something as simple as adding an additional bathroom can improve the value of the property.
If you are ready to invest in commercial real estate in NYC, call Avid Realty Partners to talk about maximizing your dollars.
Published byGetnSocial
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