Crown Heights vs Bed-Stuy - Which is a better investment?

Both are established neighborhoods but you have the advantage in CH of the BK Museum, multiple transit lines and not being bordered by too many other neighborhoods. There is also Prospect Park and plenty of shops. BedSty is like it’s slightly sleepier cousin and is being raped by Manhattan Realtors and developers. Really only one source of transportation lines and a hella walk to a good supermarket, but it also has fantastic housing stock and classic blocks like Bainbridge. If you are talking “appreciation” it sounds like you may not be looking to stay in a forever home so where ever you pick you should do ok. Look out for empty lots because a high rise may pop up next to you. But with Trump as President I think all of housing is going to take a stumble so be sure you are prepared to ride his mess out.

BKALLDAY

in Home Buying 5 years and 7 months ago

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mattieweiser1

in Home Buying 5 years and 8 months ago

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@no-permitz we found it to be true of about 30 brownstones we looked at in both neighborhoods and noticed a consistent difference. Maybe it is only the of the areas we looked at as both are big neighborhoods.

NeoGrec | 5 years and 8 months ago

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It’s easy to overlook well established neighborhoods. For example, Park Slope. It may seem counter-intuitive but, because it’s a huge neighborhood, there’s a wide range of building stock — including many smaller, more modest houses on less than prime blocks. Hence a wide range of prices.