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Updated about 4 years ago,
Should I sell my NYC apartment or rent it out right now?
Large sunny studio in good Kips Bay location, can probably get $2200 on rental market (after coop rental fees - $2600 gross) and can maybe sell for $500k if lucky.
I figure prices might bounce back after vaccine in 2021, but then again, maybe not.
How would you proceed? Wait it out and rent it in meantime or just sell straightaway?