With NY’s highly saturated market and Philadelphia’s opportunity-rich frontier, New York investors have a goldmine opportunity to take advantage of the Philadelphia real estate boom.
The comparison of pricing per square foot from Center City Philadelphia real estate to New York, Manhattan is about 5 to 1 in cost. However, when comparing the median household income of residents, we find it is more closely comparable with center city Philadelphia residents making 31% more on average. In Philadelphia, the taxes and real estate are far cheaper yet the spending and individual buying power are greater than New York. This makes Philadelphia a prime investment target for expansion of New York businesses, developers, and investors.
If your business can succeed in the competitive environment of New York City, it can THRIVE in Philadelphia and our mission is to help our clients realize the highest and best results from their endeavors in Philadelphia.
The NybuysPhilly.com sister company Ergo Real Estate Company is a real estate firm with a team of highly dedicated and experienced agents who put client needs first and get results! If you are a seeking a residential property in Philadelphia and demand the best and most knowledgeable agents on your team, then Ergo is your choice.
NybuysPhilly.com and Ergo work together to make sure special attention is given to the highly demanding schedule and challenges of New York clients looking to move to or invest in Philadelphia. Contact us today with questions or inquiries or feel free to use our search below to begin targeting your opportunities now.
The NybuysPhilly.com team has represented a diverse and wide range of real estate investors large and small and is equipped with services to accommodate simple to sophisticated commercial projects. NybuysPhilly.com has cultivated countless invaluable relationships to support our client’s needs.
From finance, due diligence, and construction management to sales, and management NybuysPhilly.com is prepared to provide solutions for the most competitive and complex endeavors.
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