Queens, New York City MultiFamily Area?

[Joshua Eng]

Hi all, I'm currently an engineer who is looking to start investing in real estate. I am looking at the possibility of learning the ropes of real estate by purchasing a multifamily house(ideally a 4plex) somewhere in Queens NYC. I was wondering if anyone knows areas that would be good to look at or as others have put it, "areas primed for gentrification".

Otherwise is anyone aware of any good real estate brokers working in Queens NY?

Does anyone have any comments or suggestions on entering real estate investing through a multifamily house?

[Nik Parks]

Joshua, I am in the same boat as you. I want to be an occupying owner of a triplex or fourplex.

I've been renting in Astoria for about 2 years. I just found out a tri is about $900 k here…I was hoping to find something closer to $600 k.

Here are some neighborhoods some BP users (and a colleague at work) have recommended if you're looking in Queens:

• Richmond Hill
• South Richmond Hill
• Ozone Park
• Kew Gardens
• Sunnyside
• Elmhurst
•Rego Park

NJ has been popping up in these forums a lot. I still haven't decided if I'm open to living in Jersey :p but I'm thinking it's better to be an open minded property owner than a snobby New Yorker who spends an arm and a leg in rent, right?