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Updated over 5 years ago,
Investing in Queens, NY
Hello,
I currently live on the border of Rego Park and Forest Hills and I'm shopping around for my first home to live in. Currently working with a budget of $600k-$800k for a 3bed / 1-2bath and hopefully 1,200 sqft or more. My main concern is many of the potential properties I've found are scattered through a number of different neighborhoods - some I'm not too familiar with - and I'd hate to buy something that won't appreciate well over the next 8-10 years.
Does anyone have insight into which neighborhoods will gentrify/grow the best over the next decade or so? I've found some nice options in Forest Hills, but I also found a great property in Elmhurst as of now.