3 Top New York Stocks to Consider Buying Now [The Motley Fool]
NEW YORK REIT (NYRT)
US:NYSE Investor Relations:
nyrt.com
Company Research
Source: The Motley Fool
Think you can't afford to buy New York City commercial real estate? Think again. Given the high cost of owning property, it may seem impossible to invest in office buildings, retail properties, or apartments in New York City. However, through real estate investment trusts (REITs), some of which specialize in NYC real estate, everyday investors can own a piece of the Big Apple. There are certainly some attractive qualities to New York City real estate from an investment standpoint. Rents are high, vacancies are generally low, and barriers to entry for competitors can be overwhelmingly high. With that in mind, here are three excellent ways you can get a piece of the exciting New York City real estate market in your own stock portfolio. Image source: Getty Images. Company (Symbol) Industry Recent Stock Price Dividend Yield Empire State Realty Trust ( NYSE:ESRT ) Real estate -- office $19.07 2.2% SL Green
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