A lot of upside potential here with a low risk. Priced low enough to possibly break even if you rented it out to cover the mortage. Very close to nicer neighborhoods and close to Manhattan. Newly renovated buildings in the nabe, a very good sign that its turning around. Many young professionals are being pushed into these areas that are next too well established areas such as park slope because they can't afford it, whether for renting or for buying. Question: 20 yrs ago, did anyone think Park Slope had the potential to being such a ritzy??? From the people I've talked to that are from nyc, park slope was an area you wouldn't want to be walking through alone. Crown Heights can turn around too.

Posted by: jimsullivan30 at August 20, 2007 9:18 AM in response to Crown Heights Condos Fly Off the Shelves