Wanted: your advice

[N/A N/A]

Hello all.

It turns out good things have finally come my way.

I am in contract for a property that is no longer being shown to other people. Its a condo.

In the very same building, another unit exactly like mine that has minimal renovations done...its selling for 75K more than the purchase price of my condo. In a couple of years, it wouldn't be unrealistic for me to be sitting on 75K-100K in appreciation.

My question is now that I will finally have 75K-100K to invest, what do I invest it in?

I know about the "economy of scale" MDU thing....but MDU in NYC is really big thinking....like a three family house in Brooklyn/Queens easily goes for 800K minimum, let alone a 20 unit MDU (Multiple Dwelling Unit).

So my question is this. I would like to keep the condo to live in. Is it possible to use this money to invest in something else that will eventually lead to MDU property ownership? Any recommendations?