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August 15, 2009

Torn Between 3 Houses

Could anyone tell me which is the better area to buy a 3 or 4 family invest property in and why, 1) st. marks between utica and schenectady, 2) halsey between malcom x and stuyvesant, or 3) quincy between marcy and tompkins ... your help is greatly appeciated.

Comments

Quincy is a close to Gates, which has a lot of housing projects along its length, and can get a little rough. I would definitely spend a lot of time on the block and talk to neighbors before buying a house on Quincy, to get a sense of the crime and noise levels.

And Halsey between Malcolm X and Stuyvesant is a nice block in my experience.

But as with any home purchase, don't trust anonymous people on the internets without doing your own research. In this market I assume you have plenty of time to talk to the neighbors, take the train ride late at night, hang out on the street, walk around...

That kind of research is going to tell you what you need to know. Good luck!

Posted by: vanburenproud at August 15, 2009 3:40 PM

I would absolutely say the Halsey one... good luck!

Posted by: amybnyc at August 16, 2009 1:13 PM

me 3 on Halsey if I really had to. There's a lot more out there. Keep searching it'll grab you.

Posted by: jack slade at August 16, 2009 11:19 PM

All else being equal, agreed that Halsey would be the clear front runner--convenience and proximity to the express A, the historic district, the library and the shops and restaurants of Lewis Avenue.

Posted by: housebywe at August 17, 2009 9:49 PM

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