Prince Harry and Meghan Markle, the Duke and Duchess of Sussex, are reportedly eyeing a property in Manhattan’s Upper East Side, according to recent reports.

The couple, who have been content with their $14 million mansion in Montecito, California, have realized the practicality of owning a second home in New York after their recent trip there.

Although they plan to make Montecito their permanent home, the couple wants a second property in New York that they can stay in every time they visit the state.

The source said that Prince Harry and Markle want to enjoy the best of both worlds, a city pad on the East Coast and a country house on the West Coast.

They are looking to invest in a second home in New York, where they can stay in the same property as other A-listers.

This way, they can feel like they belong.

If they close a deal with their realtor, they can become neighbors with Jennifer Lawrence, Jake Gyllenhaal, Harry Styles, and Justin Timberlake.

The insider added that Prince Harry and Markle are planning to be becoastal until their children start elementary school.

However, Montecito will still be their main home.

According to the source, the Duke and Duchess of Sussex are expected to close a deal on a property sometime next month.

After all, Prince Harry already planned his return to the Big Apple then.

He will allegedly honor the military veterans at the Intrepid Museum's 2021 Salute to Freedom Gala.

It comes after a PR and branding expert claims, Meghan Markle and Prince Harry could become a $1 billion brand.

Andrew Block, founder of London-based Frank PR, predicted Meghan and Harry's new brand Sussex could one day become the world's richest personal brand.

The Duke and Duchess of Sussex have signed several lucrative deals since they quit their roles as senior royals and moves to suburban Los Angeles, where they live with their son Archie and daughter Lilibet.

Two of their biggest deals are with Netflix and Spotify, while they recently signed on to become impact partners at Wall Street firm Ethic, an asset manager which focuses on sustainable investments.

However, questions have been raised for the Sussexes after an ethical investment firm that Prince Harry and Meghan Markle said could change the world has been found to be pumping millions of pounds into fossil fuel and pharmaceutical companies.

New documents show that Ethic has holdings in a number of banks, oil companies, pharmaceutical firms, and chemicals manufacturers.

One of the big pharma companies on the list is Cortev Incorporated, which is being sued in the United States after its pesticides were linked to cases of brain damage in children.

The company denies the claims.

The Baker Hughes Company, which provides the oil and gas industry with products and services for oil drilling, is also registered as one of the firm's investments.

Block estimated that the Sussexes' combined net worth is about $342 million, £250 million, as business deals and personal endorsements have seen their personal wealth skyrocket.

The Netflix deal is thought to be worth $150 million, £110 million.

The Spotify deal is said to have an estimated $25 million, £18.2 million, payday.

The couple also have their own solo projects.

Harry is chief impact officer with BetterUp, a mental health-oriented consultancy firm, and is on the board of Penwin Random House, which will publish his memoir next year.

Meghan has invested money into vegan coffee company Clever, which Block reckons could rake in $10 million, £7.3 million.

The expert told that he would estimate their combined net worth is circa £250 million.

They are really making the most of their newfound status, and their potential to become the world's richest personal brand looks imminently achievable.

Them becoming a billion-dollar brand is certainly not out of the question.

The sky is limitless for the couple, who continue to make waves in both the business and entertainment industries.