Harry Potter Spellbound by New York Real Estate

Heart-throb actor Daniel Radcliffe, most well known for his performances as everybody’s favorite young wizard Harry Potter, seems to fallen for the magic of New York City.

Daniel Radcliffe becomes property tycoon

Daniel Radcliffe. Image courtesy of Danielradcliffepictures.org

Last week it was announced that Daniel, 21, who already owns a $5.6 million apartment and a $4.8 million loft in the city, was casting his net further over the New York property markets, this time snapping up a luxury home in Manhattan’s exclusive West Village district for almost $6.5 million.

Big spending Daniel, who is also the proud owner of a luxury flat in Fulham, West London, UK, is reported to be keen to rent out his latest acquisition.


Interior of Daniel Radcliffe's new West Village home

Inside Daniel's new home. Image courtesy of Bitten and Bound

It’s been reported that the property in question, a 3,000 square foot, five-bedroom townhouse, will be able to rake in around $8,000 a week for the young actor.

It seems that Daniel is not only a wizard with his magic wand, but also pretty smart when it comes to investments too. Media analyst Mike Raia confirmed this view, saying “It’s clear that Daniel’s growing property portfolio demonstrates a lot of common sense when it comes to investments”.


West Village, a most desirable location

West Village, Manhattan. Image courtesy of New York Times

Daniel’s glittering career as Harry Potter is about to come to an end when the final installment of the hit movie series is released this July, but it’s success has transformed him into one of the youngest stars in the UK, with an estimated net worth of $73.5 million.

Los Angeles based Realtor and Harry Potter fan Michelle Gallo heaped praise on the star’s business nous. “He is being very shrewd” she told a UK newspaper. “What with the depressed market prices, now is the perfect time to buy… that is, if you can afford it”.


About Mike Wheatley

Mike Wheatley is the senior editor at Realty Biz News. Got a real estate related news article you wish to share, contact Mike at mike@realtybiznews.com.