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The best NYC neighborhoods to invest in: 2019 roundup

Brick Underground // May 22, 2019

Fort Greene, Clinton Hill, and Brooklyn Heights

The iconic brownstone neighborhoods of Brooklyn still provide good investment opportunities, says March. “There’s charm, originality and more space,” he says. Brownstone Brooklyn is a solid investment, but there’s still some uncertainty about the Brooklyn–Queens Expressway and its impact on the Brooklyn Promenade.

Elizabeth Kee, a broker with CORE, says this provides an opportunity for buyers in Brooklyn Heights. “We’ve seen asking prices drop as much as $100,000 for one-bedroom homes in the first quarter of 2019 for those willing to wait out the impending major construction,” she says. She points out infrastructure upgrades “often boost prices.”

 

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Original Article: Brick Underground