Exit Links Realty
I have been an avid real estate investor and adviser on Long Island for over two decades. If you are looking to buy a home and get a solid return on your investment, there is a town in long island that I see trending upwards. I would recommend that buyers explore Bohemia (Zip Code 11716). I expect to see significant growth in prices in this community over the next decade. With positive growth signals, I see this beautiful long island hamlet becoming a powerhouse target for real estate investors. This is due to a number of contributing factors.
1. Strong school district performance
The Connetquot School District has always been a strong performer and considered one of the top 25 school districts on long island. However, education metrics are showing that the school district continues to improve showing significant advances. This will continue to be a strong point of attraction for buyers with school going children.
2. Suffolk County and Private Investment
While Bohemia preserves its quaintness as a small long island hamlet, new business locations are being developed regularly (e.g. LA Fitness opened a state-of-the-art gym just off gateway boulevard, Chase Bank has opened multiple new locations near or within Bohemia, a new Target is rumored, and trendy yogurt spots like Sweet Frog are making Bohemia its home). The limited inventory of homes in Bohemia due to its size will drive the price of homes upwards in this community.
Recently, Senator Chuck Schumer has currently pushed to convert nearby MacArthur Airport into an International Airport. This would be a tremendous boom for Bohemia home prices. First, tourists who will travel to Long Island for summer fun will look for short term summer rentals near the airport. This will bring real estate investors like myself to buy up Bohemia inventory. Also, with MacArthur receiving a face-lift and attracting new airlines, you can expect a significant increase in hiring. I expect that employees will look to move to nearby neighborhoods to make their commutes more manageable. They are sure to look at neighboring communities with strong school districts such as Bohemia. For more information about the MacArthur Airport project, watch this news clip from Money & Mainstreet's Giovanna Drpic - http://fios1news.com/longisland/node/35591
3. Commute Convenience and Shopping
Bohemia is within 5-10 minute drive of 2 separate LIRR train stations. First, the Ronkonkoma Train Station is a major LIRR hub with regular train service. Second, the Sayville Train Station offers convenient parking and accessible train service. Centrally located, Bohemia has quick access to Sunrise Highway and Southern State Parkway to the south and the LIE to the North.
Nearby main street in Sayville provides seasonal festivities, great village style shops, cafes, and outstanding restaurants such as the Lake House (top-rated on Zagat) and Sweet Mandarin.
4. The Bottom Line
Long Island has many well-established neighborhoods. You cannot go wrong with Garden City, Cold Spring Harbor, Old Westbury, and Roslyn as these towns are entrenched as some of the most affluent neighborhoods on Long Island, but you will pay millions of dollars for a home in well-established market. Remember, the homes in these communities were not always pricing in the millions. I see Bohemia booming and becoming one of the most-sought after communities for home buyers within the next 5 to 10 years.
What do you mean by "BEST"? There are many great neighborhoods on Long Island easily accessible to the LIRR (5-15 mins) by car. Do not count on the bus system here, it stinks! My advice to you is come out here a couple times and drive around the neighborhoods, eat at the local diners, visit the shops, check out the parks/beaches, and by all means buy a local newspaper and read the crime (or lack of crime) reports. You can get a good feel for a neighborhood that way. Be certain to read the NYS School Report Cards, check out the average price for real estate tax (although taxes can vary greatly even within a neighborhood), and visit as many open houses that you can. One last thing, do not discount Suffolk County because the commute into the city is a little longer. You can always drive to a train station with a quicker route. The houses are more afforable, with typically less crime, pollution, and traffic. Enjoy your neighbor hunt!- Nikki
At it peak (2005-2007) an original split (no updates, built in the 50's) was selling between 500 and 550k. You can now get into this beautiful section of Oceanside in the low to mid 400's. You can walk to the LIRR train station, have great shopping nearby, and live in a quiet tree lined neighborhood.
As for the future, if I had a crystal ball, I wouldn't be doing this (I'd be at the track). The market on Long Island has started to adjust itself down by around 10-25%
It is a true buyers market, so take your time. Find an agent you feel comfortable in and start looking. If you wish to communicate w me further e/m me at Reillyerik@aol.com or call my office 516-764-6200 from 9am to 9 pm.
Good luck in your search, it would be my pleasure if I could help you.
Century 21 Mac Levitt
I have access to several home listings which are walking distance to the L.I.R.R., in the Albertson, Williston Park and Mineola area's
Check the following link for Newsday.com : http://www.newsday.com/classified/realestate/
It has a community profile section, top school district and L.I.R.R. commute info for all Long Island areas.
Good luck to you and contact me if I can be of any service.
I live in lynbrook school district and that is very very good. Also Oceanside is good and Hewlett-woodmere school district is good too. I would live in Rockville centre, too.
Valley Stream is okay too.
Garden City is great,
You need to look at the schools ranked. Greatschools.net
Although some LIRR lines are closer to the city, originating lines further out, i.e., Huntington, has express trains morning and eveninng that take under an hour.
Perhaps you should go to http://NewYorkTransit.com and look at their schedules for the reailroad.
If you go to my website, http://GailGladstone.com, you will find sources of community and school information.
After you isolate an area of interest, I would be happy to assist you in finding a home. If you write to me offline at Gail@GailGladstone.com, Ii would be happy to set you up with a free account connected to the MLS to take a look at what is on the market in various locations.
Feel free to e-mail or call me if you would like to work with me.516-835-5704 or email@example.com Good Luck !! Corinne