Best neighborhoods for real estate investment in NYC metro (New York: apartments, to rent)
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DUMBO is very expensive and more expensive area than many neighborhoods in NYC...including UES and Chelsea. The cheapest unit in 205 was studio at 404k? but that's gone now. I believe it's in contract or sold already.
Also there is no 1bedroom condo unit at 300k in DUMBO for condo and you won't see it. You won't see 1bed condo in DUMBO for 400k or less for that matter. If there was, many people would've snapped it quickly paying in cash. If you are serious about buying a property in NYC/NJ metro for investment. Get to know streeteasy, brownstoner, njmls, and similar websites very well so you know what's up on prices and get a feel for it yourself.
Otherwise, your best chances are working with a broker.
So you are looking for real estate investment counselling HERE?
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