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Updated about 9 years ago on . Most recent reply

User Stats

17
Posts
1
Votes
Zach Amit
  • Investor
  • Long Island City, NY
1
Votes |
17
Posts

Sold my NYC apt, looking to invest in the hudson valley!

Zach Amit
  • Investor
  • Long Island City, NY
Posted

Hi my name is Zach!

I just signed a contract to sell my investment property apt in nyc for a nice profit.

Looking to invest in the hudson valley area in upstate NY. 

I'm looking at multifamily properties and duplexes.

Any insights regarding the different towns - areas etc, or any recommendations will be appreciated!

have a great day

Zach

Most Popular Reply

User Stats

42
Posts
29
Votes
Dacia Ray
  • Phoenicia, NY
29
Votes |
42
Posts
Dacia Ray
  • Phoenicia, NY
Replied

There's definitely a difference between the east side of the river (MetroNorth trains along the river, lots of commuters) and the west side of the river (train into Orange County, otherwise buses to the city) - this is reflected in prices and it depends on who you want your renters to be. One of the good ways to get to know the areas, other than driving and walking around them, is to read the local papers - that will give you a lot more info about what's happening. I'd start with the Times Herald-Record, the Daily Freeman, and the Poughkeepsie Journal.

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