New to real estate - NYC Multifamily help and advice

[Nawaz A.]

Team,

Thanks for taking the time to read this. I'd like to invest in a multifamily home in the tristate area. I currently reside in Queens and would like something close by if possible. Not sure if being close by is necessary, but given this is my first investment I figure I'd want it close. 

I have access to about 150k to invest and looking for some advice. Took a look at loopnet and didn't find anything interesting. 

- Are there other markets I should look into even though I won't be living in the state? 

- I'm looking to create a LLC to purchase the property.