Why you should move to Jackson Heights.

Who wouldn’t want a pri­vate gar­den?

Metro USA (New York) - - Front Page - SHARON FEIEREISEN @MetroNewYork let­ters@metro.us

Re­mem­ber when you had to head to Brook­lyn be­cause you were priced out of Man­hat­tan? Those days are long gone. With the Brook­lyn boom reach­ing its peak, Queens has never been as ap­peal­ing for fam­i­lies look­ing for good value for their money. To that end, an oft over­looked en­clave is Jackson Heights, which is best known for older (read: af­ford­ably priced!) co-op style apart­ments, many of which have pri­vate gar­dens.

“Jackson Heights has a rep­u­ta­tion for be­ing a great area for mid­dle class New York City fam­i­lies thanks to rel­a­tively af­ford­able homes, de­cent trans­porta­tion op­tions and lots of kids in the neigh­bor­hood,” says Joseph Her­mon of Ox­ford Prop­erty Group, a bro­ker­age span­ning all five bor­oughs with over 350 agents. “It’s a su­per­di­verse neigh­bor­hood and if you’re look­ing for some food cul­ture, Jackson Heights is a great place to sam­ple au­then­tic Venezue­lan arepas, the tasti­est In­dian food and tons of other spe­cial­ties that are worth a train ride if you don’t al­ready live there.”

Her­mon says he’s been sell­ing a lot of small build­ings in Jackson Heights to ex-Brook­lynites who have money to spend, but are priced out of homes in Fort Greene and Wil­liams­burg and want a solid in­vest­ment. “The com­mute to the East Side of Man­hat­tan can take un­der 15 min­utes on a good morn­ing, which sure beats wait­ing for the L train and spend­ing over $2 mil­lion for a row house in need of major re­pairs.”

Thalia McGuire, 37, is a den­tal hy­gien­ist who moved into her co-op, which she shares with her hus­band and two kids, two years ago. “I al­ways knew I would end up here when I started my fam­ily, but it’s nice to see the neigh­bor­hood gain­ing in pop­u­lar­ity while still re­main­ing au­then­tic. There are so many beau­ti­ful, his­toric houses here and I love that I can still sup­port mom-and-pop type busi­nesses, un­like in more gen­tri­fied ar­eas.”

While you can snag a one-bed­room co-op for around $300,000, Her­mon says if you’re seek­ing a fam­ily home or a mul­ti­fam­ily in­vest­ment prop­erty, you’re look­ing at closer to $1.3 mil­lion. “This may sound like a lot, but it’s a steal when com­pared to neigh­bor­hoods in Brook­lyn. Gen­er­ally speak­ing, the houses closer to the 7 train fetch the most be­cause con­ve­nience is king, and they can also be rented for the high­est prices.”

As for ren­tals in the range of $2,100-$2,200, you’ll get a one-bed­room rental on the higher end — think stain­less steel ap­pli­ances and a freshly ren­o­vated bath­room — but it’s not un­usual to get lucky and find a spa­cious one-bed­room apart­ment near the train for less.


Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.