The Modica Geloso Team
For 18 years, our team has specialized in helping both international and US investors achieve their real estate goals through the selling and purchasing of condominiums. We recognize that investing in real estate can be a daunting task; that is why we strive to make it as easy as possible for our clients – whether they’re experienced investors or first-time purchasers.
New York City offers investors a wealth of opportunities to diversify or add to their existing portfolios. With population growth and increased national and international demand, New York City remains a competitive global marketplace. In this dynamic environment, The Modica Geloso Team prides itself on going well beyond identifying and analyzing investment properties.
After you close on your property we will work diligently to find you a qualified tenant, and also connect you with a property manager thru our affiliate of ours: KG Properties of New York.
Our team has a long history of advising International clients on their acquisition of real estate in New York City. We have an in-house team of multilingual professionals speaking Spanish, Italian, English, and Portuguese. From our resources, we can provide every level of support to private clients as well as corporations for their real estate investments. We will match investment opportunities in residential real estate in all market conditions – through our extensive database, our knowledge of market trends, property values, and our network.
Our Team will identify and analyze each investment property. After you close on the property we will find you a qualified tenant and manage the property on your behalf; day-to-day administration, leasing, maintenance, and reporting.
If you are a foreign investor with immediate questions about buying New York real estate, please refer to our guide below; or if you prefer to speak with us directly please contact us at (646) 387-6606.
First, we understand your investment goals, type of financing, desired apartment size, price, location and use.
Through our extensive database, we will identify investment properties that match your specific criteria. Based on whether you will be financing or paying cash for this purchase, we will itemize your monthly income and expenses. Click the button below for a sample calculation.
Download Sample Calculation
After we have helped you identify the right property, our team will provide a comparative market analysis (CMA) on the building and apartment. This will include past sales as well as current apartments on the market. Click the button below for a sample CMA.
Download Sample CMA
From this report, we will be able to guide you in making an offer on your selected property and negotiate basic contract terms for you.
Once your offer is accepted, you will need legal representation from a New York City-based real estate attorney. Your attorney will negotiate all contract terms on your behalf, perform title search, as well as conduct due diligence to ensure it is a sound investment.
Our goal is to maximize your rental price while minimizing your vacancy rate. We will market your property to our extensive database and the brokerage community by using a strategic mix of professional photographs, open houses, print and web ads, as well as email marketing ads.
Known for providing well-informed service with integrity, The Modica Geloso Team agents are smart, motivated and highly skilled. Their diversity of expertise means no deal is too large or too small, and Compass' nationwide footprint puts every major market within easy reach.