I do see this having a cascading effect in the surrounding areas for employees willing to live in Williamsburg, Astoria, Manhattan for the lifestyle.

Investment Info:Single-family residence buy & hold investment in Manhattan.

You can look to areas on Manhattan for an example.

I am in the process of renting out my Manhattan condo in a somewhat boutiqu-ish building.

Manhattan?

You may want to request a free quote from a couple of agencies.Your PM costs seem conservative at around 14% but just check if they charge a fee to put tenants in place where they take a % pf the first months rent.

I attend a couple meetup groups in and around NYC(Manhattan, Brooklyn and Jersey City).You may want to open up your search to meetup.com and do a search for real estate.

I thought I was seeing objects falling from skyscrapers in Manhattan until I realized these were investment bankers jumping out of the windows ....Just kidding.

so someone in NY manhattan area who can afford to live in duplex may have less replaceable jobs that someone else living in middle of nowhere. but eventually most of jobs can be replaced by machines. 

Not a bargain IMO, as I’m not sure what the market value would be as a tic. 1- it’s really tiny, this isn’t HK, Singapore or even Manhattan and not a lot of tiny units trade hands in SF. 2- it really depends on things like the entrance to the unit, garden space, etc.