PLG? Prospect/Leffert Gardens? Also, am I too late for Clinton Hill?

Posted by: swashbuckler at April 4, 2008 12:43 PM in response to most up and coming neighborhoor?

ideally i'd spend 1,000,000 on a 3 family brownstone or 1,200,000 on a 2 family + storefront. i'd truly like to be in clinton hill, but after looking at some prices in bushwick it's definately tempting. i'm also willing to pull up some carpet and do some painting/remodeling myself so...

Posted by: swashbuckler at April 4, 2008 12:58 PM in response to most up and coming neighborhoor?

wow, rh love your site!!

Posted by: swashbuckler at April 4, 2008 1:31 PM in response to most up and coming neighborhoor?

i was hoping someone wasn't going to say that, but figured that may be the case.

Posted by: swashbuckler at April 4, 2008 2:40 PM in response to most up and coming neighborhoor?

wow, i didn't expect such a response. almost as if people are tying to find my a place!! lol, thanks for all the responses! i'm hopping on my bike today to go check out a few streets and may even stop by some of the suggested buildings. does anyone know where that buildling listed above is located? (the fulton one) also, what are people paying for 1 and 2 bedroom apartments in these locations? CrH, CH, and PH?

Posted by: swashbuckler at April 5, 2008 11:05 AM in response to most up and coming neighborhoor?

well, if any of you were out walking around in, fort greene, clinton hill, bed-stuy, or prospect heights, today and you saw a mustached man on a bike, that was me...i'm pretty exhausted i have to say, but i figured i'd give everyone my full report and thoughts on what i saw.

1st stop, fort greene/pratt. loved the area, rode by choice market (which was crazy packed) and then all around the area and into the northern part of bed-stuy. this is an area i would love to live in (fort greene) and get involved in, but the G train scares the bejesus out of me. it's a train that takes you to another train more or less, doesn't really go anywhere. as far as bed-stuy, i don't think i'm that much of a pioneer.

2nd stop, clinton hill. talk about an area that has some great potential. i really like where fulton street meets vanderbilt(the rode was terrible for a biker though! my ass is sore as hell) think this area has a ton of potential, but i have to say i despise the transition where vanderbilt crosses atlantic avenue.

3rd stop, prospect heights. i can't say enough how much i'm into this area. i dated a girl a few years back that lived off vanderbilt and dean and the strip has changed drastically. (streets were packed! granted it was probably the first nice saturday of the year but...) vanderbilt is no smith st., but i almost feel like it could be. decent housing to the east and west, close proximity to the park and about the best train selection anywhere in BK. this is an area that i'm definitely going to keep my eye out for properties. i also think washington ave., like one poster mentioned, has great potential especially to south end near the park.

so i was also supposed to ride through crown heights, but i was friggin exhausted and had to meet my friend in park slope for lunch. the furthest west i got was classon ave. i stopped by a 2 + 1 storefront for 600,000 and was really impressed with that area. i didn't make it over to franklin, but maybe i will tomorrow. i'm gonna head out to the flea market.

well, i figured i'd give everyone an update on my quest. hope everyone enjoyed the weather.

Posted by: swashbuckler at April 5, 2008 8:41 PM in response to most up and coming neighborhoor?

this is a rough map of the route i took:

http://maps.google.com/maps/ms?hl=en&ie=UTF8&msa=0&msid=111376449941137864423.00044a34fcc262dfc79fb&ll=40.689229,-73.970432&spn=0.052716,0.149174&z=13

there was a lot more traversing back and forth in ft. greene and into bed-stuy, but that would have been too many lines.

9:37 - i went over to marcy ave around madison and gates and maybe a few other streets. then i headed to clinton hill area around fulton and vanderbilt/wash ave.

Posted by: swashbuckler at April 6, 2008 10:35 AM in response to most up and coming neighborhoor?

haha, awesome...

Posted by: swashbuckler at June 13, 2008 5:44 PM in response to Atlantic Yards good or bad?

The edge of Lefferts Manor, on Rogers Ave, is just crying out for what you propose to do. It is quaint even now-before cafes and the like. You must check it out. You would have a very eager customer base!

Posted by: guest at April 5, 2008 12:47 PM in response to most up and coming neighborhoor?

The buildings on Rogers Ave in PLG on the edge of the Manor are larger and would cost much more than a million to purchase were one for sale. He only wants to spend a million and doesn't want a huge gut renovation to do. So it means the size buildings the OP would be looking at would be quite small. Narrow and not more than 2 stories.

Posted by: guest at April 5, 2008 6:45 PM in response to most up and coming neighborhoor?

2 words FORT GREENE!

This area is booming and people want more stores here. Just go check out the brooklyn flea tomorrow and walk around the neighborhood. This area is no longer a fringe area, right off the C train or G and walking distance from fulton.

I know that there are several properties for sale that had mixed use zonings, you just have to request it from your broker.

Posted by: oldbaby at April 5, 2008 6:57 PM in response to most up and coming neighborhoor?

well, if any of you were out walking around in, fort greene, clinton hill, bed-stuy, or prospect heights, today and you saw a mustached man on a bike, that was me...i'm pretty exhausted i have to say, but i figured i'd give everyone my full report and thoughts on what i saw.

1st stop, fort greene/pratt. loved the area, rode by choice market (which was crazy packed) and then all around the area and into the northern part of bed-stuy. this is an area i would love to live in (fort greene) and get involved in, but the G train scares the bejesus out of me. it's a train that takes you to another train more or less, doesn't really go anywhere. as far as bed-stuy, i don't think i'm that much of a pioneer.

2nd stop, clinton hill. talk about an area that has some great potential. i really like where fulton street meets vanderbilt(the rode was terrible for a biker though! my ass is sore as hell) think this area has a ton of potential, but i have to say i despise the transition where vanderbilt crosses atlantic avenue.

3rd stop, prospect heights. i can't say enough how much i'm into this area. i dated a girl a few years back that lived off vanderbilt and dean and the strip has changed drastically. (streets were packed! granted it was probably the first nice saturday of the year but...) vanderbilt is no smith st., but i almost feel like it could be. decent housing to the east and west, close proximity to the park and about the best train selection anywhere in BK. this is an area that i'm definitely going to keep my eye out for properties. i also think washington ave., like one poster mentioned, has great potential especially to south end near the park.

so i was also supposed to ride through crown heights, but i was friggin exhausted and had to meet my friend in park slope for lunch. the furthest west i got was classon ave. i stopped by a 2 + 1 storefront for 600,000 and was really impressed with that area. i didn't make it over to franklin, but maybe i will tomorrow. i'm gonna head out to the flea market.

well, i figured i'd give everyone an update on my quest. hope everyone enjoyed the weather.

Posted by: swashbuckler at April 5, 2008 8:41 PM in response to most up and coming neighborhoor?

I've gotta say - the 1.35mm ask on the Vanderbilt property above is a great price for the location - don't know much about the property itself - but good pricing....if only I had it!

Posted by: guest at April 6, 2008 9:36 AM in response to most up and coming neighborhoor?

swashbuckler - where in Bed Stuy did you go?

Posted by: guest at April 6, 2008 9:37 AM in response to most up and coming neighborhoor?

this is a rough map of the route i took:

http://maps.google.com/maps/ms?hl=en&ie=UTF8&msa=0&msid=111376449941137864423.00044a34fcc262dfc79fb&ll=40.689229,-73.970432&spn=0.052716,0.149174&z=13

there was a lot more traversing back and forth in ft. greene and into bed-stuy, but that would have been too many lines.

9:37 - i went over to marcy ave around madison and gates and maybe a few other streets. then i headed to clinton hill area around fulton and vanderbilt/wash ave.

Posted by: swashbuckler at April 6, 2008 10:35 AM in response to most up and coming neighborhoor?

seriously check out Franklin Ave. There is a big condo project being planned for the corner of Franklin and Eastern Parkway, right were the 2,3,4,5 trains stop.

There is a new bar being opened on St. Johns, a couple new cafes by Sterling and Park, Sushi down by dean and a brick oven pizza place being planned. Also, down by St. Marks there is a large development site that was just purchased (see a post on brownstoner from a week or so ago) where the developer may even put in a brew pub.

Good things are happening on Franklin.

Posted by: guest at April 6, 2008 11:39 AM in response to most up and coming neighborhoor?

My advice is worth what you pay for it, Swashbuckler...

...But Pioneer my ass! I would consider Bed Stuy if I actually wanted to make some money. Have you been inside the Tiny Cup on any day of the week at just about any time of day? It's freaking packed!

Add to that these facts:

1. Commercial property in Ft. Greene = outrageously expensive
2. You can get grant money/low interest loans to start a business and/or buy property in Bed Stuy
3. There are already more cafes in Ft. Greene than you can shake a stick at!
4. Recession + tight rental market = more "upscale" renters gentrifying Bed Stuy and other "Pioneer" neighborhoods

And the sound business decision seems to be Bed Stuy. And I am not just saying that because I want to get coffee without waiting ten or fifteen minutes on line.

I am saying that because every single time I go to the Tiny Cup, while I am waiting in line I think very seriously about how much money is to be made in the 'hood.

Low overhead + limited competition + a neighborhood full of people who love good coffee and panini = $$$$$$$

Posted by: guest at April 6, 2008 1:33 PM in response to most up and coming neighborhoor?

No one for the Far Rockaways, huh?

Posted by: guest at April 7, 2008 4:59 PM in response to most up and coming neighborhoor?