New York embodies a unique lifestyle, combining the energy of the city, residential prestige and iconic Manhattan addresses. Our agency supports a demanding clientele looking for an apartment, a residence or a penthouse with multiple bedrooms, elegant rooms and rare views over Central Park or the East Side. In this international real estate market priced in usd, Kretz Real Estate offers a tailored approach to sales, advice and luxury in New York, at the heart of the United States.
Find out more
FAQ
For an international client, buying in New York generally involves selecting the right asset class, reviewing building rules, analysing the legal and tax framework, then negotiating and securing the contract. In practice, foreign buyers often favour condos over co ops, as they generally offer more flexibility in terms of use, ownership and resale.
Rental yields vary significantly depending on the district, the type of apartment, the level of building services and the acquisition price. In Manhattan, rents remained elevated at the end of 2025 and the start of 2026, supporting rental appeal, but in the luxury segment performance must be modelled case by case, since charges, taxes and high entry prices weigh heavily on net yield.
The most prestigious properties are concentrated notably in Hudson Yards, SoHo, Tribeca, NoHo, Central Park South and on the Upper East Side. These areas combine address, rarity, depth of demand, iconic views, architectural quality and high prestige, whether one is looking for a large family apartment, a signature property or a representative penthouse.
Since 2024, Manhattan's luxury market appears more polarised and more demanding. Miller Samuel data for Douglas Elliman show that in the second half of 2025, luxury sales increased while high end inventory fell, even as some ultra specific assets took longer to sell, confirming an active but highly selective market on quality, location and price positioning.
Our destinations
The Agency
Contact
