NYC Marketplace: Where to invest?
I'm looking to buy my first property in NYC but I'm not sure where I should pull the trigger. What area will see the most growth? Can something like that be predicted?
I think the most affordable thing to do would be to find a two bedroom apartment in the city our outer boroughs and live in one room, rent the other.
I think buying a multi-family may be too expensive at this time in the market, and for my budget.
I'm always looking at different properties in areas I think will see growth but how can I know for sure? Any advice?
Neighborhoods I've looked into: Hudson Heights, Riverdale, Jamaica, Queens (anywhere in Queens really... but then I ask myself, where exactly?)
Thank you!
Most Popular Reply
@Noelle B....welcome!!!
I am quite familiar with the Queens market, especially Jamaica. There are some really nice areas and undiscovered gems in Jamaica. The taxes are pretty low and i think now is a good time to purchase something.
Good luck!!