Hello Opuni. It's always a good idea to buy property. Specific location is a high priority for pretty much all buyers for various reasons. Proximity to the Roosevelt ave subway stop can be a major deciding factor and is a tangible aspect of purchasing.
The concept of a Coop as an investment is less reasonable. If you mean that now is probably the best time to buy for a multitude of reasons including appreciation then I say yes, it's a good investmentand should be held for years. If you mean a good investment to rent then I would disagree as Coops are not the best investment vehicles in that regard.
In Jackson Heights there are many Coop buildings. I wish you all the best in your search. I'm sure you'll find something special.... more