Investment Strategy

Manhattan Sky Partner's investment strategy is to exploit a niche we have identified in Manhattan's real estate market. We will target fast socio-economic and culturally developing neighborhoods such as West Harlem, Manhattanville, Hamilton Heights, and Washington Heights. Once the specific location is selected, we acquire the qualifying properties,developt them for more efficient use, earn income while we hold them for two to ten years and eventually, sell them. Importantly, we favor quality over quantity, profit over volume. We need multiple and better ways to describe MSP's "secret sauce"; what is MSP's sustainable competitive advantage?

Manhattan Sky Partner focuses on:

• Upcoming gentrifying and emerging blocks

• Apartments in pre-war buildings (19th, early 20th Century)

• Brownstone townhouses, single & multi-family housing

• Multi-tenant commercial buildings (office, retail)

Our Selection Criteria:

• Location, Location, Location
• Condos (no Coops, no Condops)
• Under valued properties
• High potential ROI at sale of the property
• Low amenities charges
• Up-and-coming blocks (social, culture)
• Buildings with character (historical, architecture)
• Unique property (non-duplicable, pre-war)

Our expertise & value-added

• With our architectural knowledge we envision the property with the transformation and renovation that will enhance its style and multiply its value.
• We focus on up-and-coming locations, unknown “pocket” areas.
• Reliable internet tools to locate and track THE opportunity (RLS, OLR)
• We are a “radar of opportunities” thanks to our selected professionals exclusive network (REBNY, Real Estate Board of NY)
• Our search tools detect and alert us on any “price accident”

Our unique street-level knowledge of West Harlem and the surrounding neighborhoods enable us to uncover special situations. Often times a developer will need to sell a specific project, or a property will need to be re-purposed due to new building codes and regulations. Suddenly, an opportunity exists. In addition, we capitalize on special property sale situations; a sudden relocation sale, a divorce, a death, or a sudden need for expansion or reduction. These opportunities are unique and time sensitive, and require in-depth area knowledge and timely legal representation. It is our presence in this area and our experience and knowledge of this market that enables us to capitalize on these opportunities at precisely the right moment.

Manhattan Sky Partners will seeks out properties with the following criteria:

• Undervalued properties with high potential capital appreciation
  
• Emerging blocks and neighborhoods
  
• Rental income producing
• Multi-tenant commercial strips
  
• Single and multi-family brownstones and townhouses
  
• Condominiums in pre-war buildings
  
• ‘Special situations’
  
  • Developers needing to sell
    
  • Buildings needing to be re-purposed
    
  • Mispriced buildings and condominiums
    
  • Change of status property sales; divorce, death, relocation