Realestate Market Analysis in Manhattan

Kiichi Takeuchi
11/23/2014

Motivation

How do we find the best ROI (Return of Investment) realestate in Manhattan?

  • Higher Rental Gross Income (=Rental Gross Income per SqFt)
  • Lower Market Value (=Condo Market Value per SqFt)

Any other related factors?

  • By Neighborhood?
  • By Classification?
  • By Year Built?

Data Source: NYC Open Data DOF Condominium Comparable Rental Income

Data Processing and Visualization

After applying data cleansing processes, such as fixing long column name, collapsing multiple regions, and removing outliers. ggplot2 is used for graphing library.

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Visualization

Possible Good Investments: Relatively low price v.s high return

Colorizing by Neighborhood

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  • By Expense
  • By Units
  • By Classifications

Find anything interesting? Try different filters and color options.