I'm still looking for brokers who know the Bayside market to tell me if a 2-family appreciation chart looks similar to a 1-family or very different. Of course, we are assuming all other conditions like the homes being on the same block, close to LIRR, same internal condition,etc. I could do the analysis myself but hoping these forums and the collective knowledge come to help here
Raj, I notice you are asking all kinds of questions over the last six months as if you were a home buyer, but you have never found an agent to help you. I am not sure what the deal is with you.
There is a higher demand for multi families homes in Bayside and Flushing areas as compared to single family. With higher demands come a higher price tag. As far appreciation, you have to understand the real market as a whole appreciates and depreciates depending on the demand and economy regardless of the type of homes.
If you can afford it, multi family homes is the way to go.
Hope that helps.