Think Queens, NY

Thinking of Real Estate Investment? Well, Think Queens, NY.

Queens, the largest of the five boroughs of New York City in terms of square kilo meter, is situated on the western part of Long Island. It is the second largest in terms of population, coming behind Brooklyn, with more than 2.3 million people living in its 282.9 km² of land which has made it the tenth most populous county in the United States. It is home to JFK International Airport and LaGuardia Airport, two of the three major airports of the City.

Queens is made up several urban neighborhoods, considered as ‘small towns’ by the residents and numerous central business districts which are the heart of the borough.

The borough is one of the most uptown boroughs of the city of New York. This place is the best if you consider buying real estate. Real estate Queens may be the place you are looking for, if you seek a quiet, yet, convenient life. Just like most industries in the borough, real estate Queens is based on the neighborhoods which are dominated by patio/terrace houses, commonly referred by the locals as attached houses. The terrace building style originated from Europe and it is more favored than apartment buildings.

With its ‘small towns’, Queens is among the finest boroughs of the City being invaded by a lot of young professionals and celebrities who have identified themselves with the neighborhood. Unlike in other boroughs, their moving has not really gentrifying the neighborhoods, but has raised the demand for housing which has in turn raised their prices. Real estate Queens is in full boom. In 2005, homes prices were down about 10%, but with the increasing interests in the local real estate market, the prices have kind of gone up.

In the last two years, the real estate Queens has been booming

old buildings are being pulled down to pave way for new comfy, modern looking residential houses and commercial buildings. If you are looking for an economical real estate Queens home, you should know that you can get a one bed-roomed apartment for as low as $1000 per month. The favored localities in the borough call for higher rents, one-bedrooms are available for $3,500. For buyers, the average price per square foot has shoot up by 43.2% compared to last year. The sales price for houses has gone down by 37.5% compared to the same period last year. This mostly accredited to the market crash experienced the previous year.

For recreational, Queens has the best public parks in New York. There are many facilities in Queens which is driving up real estate Queens prices. From hiking and bird-watching in Jamaica Bay to leisurely walk at the World's Fair in Flushing Meadows Park and bowling cricket in Kissena Park, surfing in the Rockaways and a historical tour of Fort Totten in Bayside and not forgetting the tens of museums in the borough guarantees you great outdoors, you can enjoy staying in the borough. The parks of Queens include Flushing Meadows Corona Park, Forest Park, Roy Wilkins Park and Cunningham Park to name just a few.

Its transportation network, one of the best in the whole of United States

is made up of commuter train system, which operates 20 stations, and about 100 bus routes which move people around, in and out of Queens. Much of the spurt in real estate Queens is due to the fact that the borough is well connected to the Brooklyn and Manhattan. The borough also brags with a number of highways: Interstate 278, 678, 295 and Cross Island Parkway which provide easy mobility within and without the borough of Queens. Such transportation networks, plus guaranteed security provided by both the Queens Police Department as well as the New York Police Department has made the borough a target for new residents, driving up real estate Queens prices. However, most of its streets have a numerical system of streets names which is confusing to non-residents.
Owning a property in this part of New York, the most diverse county in the USA and home to immigrants from around the world, can be a positive adventure worth every dime in your possession.