Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I stated it ad nauseum YEARS AGO. It’s gonna be 3rd Avenue that comes up first, then 125th
Basically East Harlem from 121st street south is getting a make over. All of the new buildings coming online have rents that right in line with parts of the Upper East Side, which clearly BugsyPal isn't aware of. Of course the difference is usually more space and newer buildings with more amenities but still. The change is happening. The challenge is extending past 3rd avenue onto Lex which is still a dump and of course 125th street is an eyesore of its own. However, they just opened a new building right on 125th steps from the Metro-North station.
Studios starting at $2100. I suspect the prices may be a bit lower because it's right on 125th with the Meth heads and Metro-North trains every few minutes. Still very expensive for that area and where it's located, but very convenient to get to and from Midtown.
Studios renting for $2700... At $2700, you need to make $108,000 for a single person, and apparently these places are renting.
The demographics and income make-up of East Harlem by 2020 should be quite interesting if the building continues and people with higher incomes (mainly young people) continue.
There are several other new buildings up and down 3rd coming online or that will be in the next year or so.
I think there's still appreciation possible in Inwood, west of Broadway. I bought in West Washington Heights almost four years ago and have seen my co-op increase in value quite nicely. Even with closing costs, I could have sold for no loss at around the two yr mark. It feels to me like the nicer side of Inwood could see similar growth in the coming years. If you work on the west side of Manhattan, the A train gets busy during rush hours, but the people at the Inwood stops get seats in the morning since it's the beginning of the line.
Hamilton Beach is located in Southern Queens Borough of N.Y.
Real Estate Prices have started to rise there also.
You can buy a home now for $179,000
You can buy a home now for $ 225,000
There is also another area called Broad Channel in Southern Queens N.Y.
There is a house for sale $170,000 and another for $282,000
Rockaway also has some pretty cheap homes.
There is a 4 bedroom home for sale right now for $225,000
Important Note : all three areas mentioned can be accessed by the A train.
Hamilton Beach is located in Southern Queens Borough of N.Y.
Real Estate Prices have started to rise there also.
You can buy a home now for $179,000
You can buy a home now for $ 225,000
There is also another area called Broad Channel in Southern Queens N.Y.
There is a house for sale $170,000 and another for $282,000
Rockaway also has some pretty cheap homes.
There is a 4 bedroom home for sale right now for $225,000
Important Note : all three areas mentioned can be accessed by the A train.
Confirm with your Realtor.
Broad Channel is a dump though. They have all sorts of water problems when it rains. Same is true with Hamilton Beach.
Call it what you will...
it's all in the eyes of the beholder.
They said the same think about Hell's Kitchen,Harlem,Bushwick,Greenpoint and guess what?
Anybody who had/has property now are cashing in big...............
Note:
Some times it takes a pioneer to enter the wilderness and tame the land before he reaps his reward.
Are you willing to start plowing the fields?
Call it what you will...
it's all in the eyes of the beholder.
They said the same think about Hell's Kitchen,Harlem,Bushwick,Greenpoint and guess what?
Anybody who had/has property now are cashing in big...............
Note:
Some times it takes a pioneer to enter the wilderness and tame the land before he reaps his reward.
Are you willing to start plowing the fields?
None of the areas you mentioned are in a flood zone... They also have decent transportation overall unlike Broad Channel.
I cannot imagine paying north of $2000 to rent next to K2 Central on 125th St. Harlem overall is great, but that section...
They’ve GOT TO clean that area up, but they’re waiting on Extell to raze the Pathmark location. The Salvation Army is constructing a large building on 125th & 3rd. There’s also a large development being erected right behind it on 126th between 3rd & Lex. I believe the major developers are waiting for De Blasio to get out of office so they can turn up and do whatever the hell they want. No inclusionary housing, shutting people out of affordable housing, and teaming up with PD to ethnic cleanse minority neighborhoods
Hells Kitchen, Greenpoint and Harlem have flood zones.
Where at? Not the entire neighborhood, I'm sure of that. Broad Channel basically floods anytime there's a significant rainstorm, let alone a hurricane and the houses look like garbage. The only neighborhood down there that's worth living down there for is Neponsit, with those beautiful beachfront properties, and parts of Belle Harbor. The rest of it they can keep. Even Howard Beach... The houses are these ugly Mc Mansions or houses with the cheap siding.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
They also have decent transportation overall unlike Broad Channel.
