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Updated over 2 years ago on . Most recent reply

Jason Makariades's profile image
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Jason Makariades
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  • from New York
  • Member since Feb 11, 2021
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Jason Makariades's profile image
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Jason Makariades
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  • from New York
  • Member since Feb 11, 2021
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Jason Makariades
  • Investor
  • New York
2
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16
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New York City Real Estate Forum

Best Neighborhoods in Brooklyn to Invest in MFs

Jason Makariades
  • Investor
  • New York
Posted

Hi All - 

We live in Manhattan currently and are looking to buy a MF in Brooklyn. I'm wondering what other investors are thinking best neighborhoods are? I like BedSty and East Williamsburg, but those are getting pricey. Anyone finding things in other areas?

Thanks!

New York City, New York
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Brandon Cohen's profile image
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Brandon Cohen
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  • from New York, NY
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Brandon Cohen
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  • from New York, NY
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Brandon Cohen
  • Real Estate Agent
  • New York, NY
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Brandon Cohen
  • Real Estate Agent
  • New York, NY
Replied

This depends on what your goals are.  Are you looking to live in one unit and rent out the other, or strictly rental?  I’ve seen some decent deals on 2-4 families in bedstuy but I agree that the rental market has taken a hit (all over NYC).  If you’re coming from Manhattan and looking to live in one unit then the offset of rent may be a nice addition.  

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