International buyers discover thriving markets as New York City posts strongest fall performance since 2021
Don’t just dream about your next international property. Are you ready to turn ambitious visions into tangible reality? Contact our expert team today at info@columbusintl.com to unlock exclusive access to premium real estate opportunities in New York City and beyond. Let’s start planning your winning investment strategy.
CONTACT US
New York City’s real estate market is experiencing a remarkable resurgence, presenting an extraordinary window of opportunity for international investors seeking high-performing assets in one of the world’s most dynamic cities.
The numbers tell a compelling story: Nearly 4,600 properties hit the market this September, representing a robust 10% increase from the previous season. Even more impressive, over 1,700 homes entered into contract during the month—the highest September figure since 2021 and a substantial 11% jump year-over-year.
For foreign investors evaluating entry points into the American real estate market, the current landscape offers particularly attractive conditions. Easing mortgage rates are unlocking fresh opportunities, while motivated sellers are bringing quality inventory to market. The result? A vibrant, liquid market where premium properties in desirable neighborhoods consistently command above-asking prices.
Brooklyn: The Crown Jewel of Investment Returns
International investors are increasingly recognizing Brooklyn as a powerhouse of value appreciation. The borough dominated StreetEasy’s September rankings, claiming six of the top ten neighborhoods where homes sold above asking price—a clear indicator of sustained demand and market confidence.
In Prospect Heights, an astonishing 47% of properties sold above their listing price, with median sale prices reaching $1.31 million. This tree-lined neighborhood, celebrated for its iconic brownstone architecture and cultural vibrancy, exemplifies the kind of stable, appreciating asset that sophisticated international portfolios seek.
The exceptional performance extends across Brooklyn’s most coveted districts:
Park Slope secured the city’s second-highest premium rate, with 44% of homes exceeding their asking price and median sales approaching $1.4 million. This family-friendly enclave near Prospect Park combines lifestyle appeal with solid investment fundamentals.
Brooklyn Heights and Crown Heights both demonstrated impressive momentum, with premium sales ranging from 20% to 33% of transactions—proof positive of sustained buyer competition and market strength.
Williamsburg, the creative hub that has transformed from industrial district to cultural epicenter, posted a median sale price of $1.33 million, while waterfront Sheepshead Bay offers compelling value entry points with median prices at $434,500.
Across Brooklyn, approximately 500 homes entered contract in September—an 11% increase from last year—and transactions closed 10 days faster than previous periods, signaling market efficiency and buyer urgency.
Manhattan: Timeless Prestige Meets Contemporary Demand
For investors prioritizing Manhattan’s enduring prestige, the data is equally encouraging. The West Village ranked third citywide, with 38% of properties selling above asking and median prices at $1.35 million. This historic neighborhood continues to attract discerning buyers willing to compete for limited inventory.
Neighboring Greenwich Village, a globally recognized cultural landmark, saw 28% of sales command premiums, with median prices at $1.25 million—representing exceptional value for one of Manhattan’s most storied addresses.
Emerging Value in Queens and The Bronx
Strategic investors are also discovering opportunities beyond the traditional hotspots. Forest Hills in Queens saw 23% of buyers paying premiums, while Riverdale in The Bronx attracted premium buyers in 17% of transactions—both neighborhoods offering compelling value propositions with strong community amenities and excellent transportation links.
The Investment Case for International Buyers
The September performance reveals several critical trends for international investors:
Market Liquidity: With over 20% of citywide homes selling above asking price, New York demonstrates the kind of competitive market depth that protects against downside risk and ensures exit liquidity.
Speed to Transaction: Faster closing times indicate market efficiency and motivated buyer pools—essential factors for investors seeking to deploy capital effectively.
Neighborhood Diversity: From premium Brooklyn brownstones to Manhattan’s historic villages and value opportunities in the outer boroughs, NYC offers investment strategies for various risk profiles and return objectives.
Sustainable Demand: The 10% increase in new listings met with 11% more contracts demonstrates a healthy balance between supply and demand—the foundation of stable, long-term appreciation.
Strategic Timing for Global Capital
New York City’s position as a global financial, cultural, and innovation hub remains unmatched. The current market dynamics—easing financing conditions, motivated sellers, and competitive buyer activity—create an optimal environment for international investors to establish or expand their American real estate holdings.
For investors from abroad seeking to diversify portfolios with dollar-denominated assets in a stable, transparent market with strong legal protections, New York City’s September performance offers compelling evidence that now is the time to act.
Source: New York Post
Columbus International specializes in connecting international investors with premium opportunities across the US and Italian real estate markets. Our expert agents understand both the local dynamics and the unique requirements of cross-border transactions.
Ready to explore investment opportunities in New York City’s thriving neighborhoods? Contact our experienced team at info@columbusintl.com for personalized market insights and exclusive property access.
