Castle Avenue Team at R New York

Business Details

Trusted Manhattan Real Estate Agents for Global Investors

Castle Avenue Team at R New York, led by Wei Min Tan, specializes in Manhattan residential condominiums for global investors and international buyers. With over 20 years of experience in real estate and finance, we combine deep market expertise with a strategic, client-focused approach. Our team delivers tailored solutions for property acquisition, rental management, and sales, leveraging extensive industry knowledge and a global network.

Recognized in leading media outlets like CNBC and The Wall Street Journal, we prioritize long-term client relationships and transparent, data-driven decision-making. Our commitment to excellence ensures clients achieve optimal returns through Manhattan's dynamic property market.

Services

Property Acquisition Rental Management Sales Representation Investment Consulting International Client Services

Highlights and features

We offer 20+ years of real estate and financial expertise in Manhattan's luxury condo market.
Our team provides data-driven financial analysis for optimal investment decisions.
We serve clients from North America, Asia, Europe, and the Middle East.
Recognized in top-tier media like CNBC, Bloomberg, and The Wall Street Journal.
We handle end-to-end property management, from acquisition to tenant leasing.

What people say

Exceptional negotiation skills Deep market knowledge Personalized service Timely transactions Global expertise

Website

Update Listing

Services

Property Acquisition

We identify and negotiate Manhattan condominium purchases tailored to investor goals. Our process includes market analysis, property tours, and strategic bidding to secure optimal deals. With access to exclusive listings and a focus on long-term appreciation, we ensure clients acquire properties aligned with their financial objectives.

Rental Management

Our team markets properties to qualified tenants, handles lease agreements, and manages tenant relations. We prioritize creditworthy renters and streamline rent collection, ensuring consistent cash flow. Post-lease support includes maintenance coordination and dispute resolution for hassle-free ownership.

Sales Representation

We maximize returns by strategically pricing and marketing condos for sale. Services include professional photography, targeted outreach to domestic and international buyers, and negotiation expertise. Our media presence and network ensure properties gain maximum exposure for swift, profitable sales.

Investment Consulting

We advise on market trends, risk assessment, and diversification strategies. Our financial background enables clients to compare real estate returns against stocks, bonds, and other assets. We specialize in tax-efficient structures and long-term wealth-building through Manhattan property investments.

International Client Services

We assist overseas investors with cross-border transactions, including financing options, legal compliance, and tax considerations. Our multilingual team simplifies the buying process for clients from diverse regions, ensuring a seamless experience from acquisition to property management.

People

Wei Min Tan

Lead Real Estate Broker

Manhattan condo specialist with 20+ years in real estate and finance. Former Citigroup VP managing $500M portfolios. MBA from University of Illinois, REBNY member, and media contributor to CNBC and The Wall Street Journal.

Richard Friedman

Co-Founder of R New York

30+ years in real estate investment and management. Founded R New York in 2006, now NYC's fastest-growing independent residential firm. Former Wall Street executive with expertise in IPOs and equity markets.

Joann Chan

Associate Broker

Former finance professional with NYU Stern MBA. Specializes in NYC rentals and sales, leveraging analytical skills and fluency in Cantonese/Mandarin to serve diverse clients.

Darren China

Architect

Licensed architect in NY/NJ with award-winning design expertise. Leads Idea Space Architecture + Design, focusing on luxury residences and commercial projects across NYC's metro area.

Timothy K. Wong

Real Estate Attorney

Specializes in complex real estate transactions, tax planning, and international investments. Former hedge fund executive with CPA and law degrees from St. John's University.

Questions

What areas of Manhattan do you specialize in?

We focus on all Manhattan neighborhoods but prioritize areas with high appreciation potential, including Tribeca, Midtown, and Battery Park City.

Can foreign buyers purchase property in New York?

Yes, we assist international clients with legal structures, financing, and compliance for Manhattan condo investments.

What financing options exist for overseas investors?

Options include U.S. mortgages (40% down) or international loans. We connect clients with lenders experienced in cross-border real estate transactions.

How do you handle property management for absentee owners?

We coordinate tenant screening, rent collection, and maintenance, with optional third-party management referrals for comprehensive oversight.

What taxes apply to Manhattan property owners?

Key taxes include property tax (~1% annually), common charges, and potential estate taxes. We recommend tax attorneys for optimization strategies.

Do you work with first-time homebuyers?

While we specialize in investment properties, we guide all clients through Manhattan's market, including primary residence purchases.

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Reviews (6)

Write a Review

Jo Siki

Dec 02, 2021 Report

We found Weimin online prior to our trip to New York &, upon arrival, he had arranged a whole list of viewings in various locations. We finally narrowed it down to the UES & he was able to get many viewing appointments at short notices. We would rate Weimin highly when it comes to negotiating. We are highly satisfied with what Weimin had negotiated for us...and more!! He is very responsive to our texts & even sent us video clippings of the area with detailed explanations & guidance. Overall, we felt privileged to have Weimin working on our side.

Warren Howe

Oct 19, 2021 Report

Positive:Professionalism,Quality,Responsiveness,Value
Professional, responsive and a pleasure to deal with. As an overseas purchaser would not have been able to navigate the market without him. Would highly recommend Wei-Min to others

Andrew H.

Jun 14, 2021 Report

My wife and I met with a lot of agents before deciding to work with Wei Min. We chose him because he would actually discuss the pros and cons of owning real estate as an investment class. Furthermore, as we looked at property, he'd provide his opinion on how each property would hold up in terms of livability and in its future appeal to the market. We appreciated this honesty because it felt like other agents only had positive things to say about real-estate an investment and different properties. Once we got to the offer stage, Wei Min's experience with negotiations was clear. He helped us understand

Sophie Wang

Mar 28, 2021 Report

Positive:Professionalism
Weimin is extremely knowledgeable when it comes to the residential real estate market in NY. He is also incredibly professional and efficient. Highly recommend to anyone who is looking to buy/sell/rent.

Helen S.

Feb 17, 2021 Report

When we finally decided to make a purchase in NYC, the first challenge was finding an agent that would have our interest in mind rather than a quick sale. We chose Weimin based on his excellent reviews and his interesting background. We were immediately impressed with his professionalism and knowledge of the real estate market. He took great care to understand our idea of the perfect apartment in the city, but also encouraged us to consider other options he felt we would love as well. We are so glad he did not limit the scope of the search to our original request because he found the perfect apartment

Irwantono Sentosa

Nov 13, 2020 Report

My wife and I have met with various agents prior to working with Wei Min. Hes by far the most focused on what objective we are trying to achieve, which is number-centric rental investment properties. He is an excellent agent and a smart and responsive problem solver. And we are looking forward to working on the next acquisition with his assistance.