Gregory Pink, Home Buyer in Queens, NY

best place to live for under 300000 two family

Asked by Gregory Pink, Queens, NY Wed Jul 18, 2012

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Thomas Brady’s answer
Hi Gregory, I found 136 homes on the MLS listed as 2 families for 300k or under. They break down as follows:
Arverne 6, Broad Channel 1, Corona 2, Cypress Hills 4, E. Elmhurst 1, Far Rockaway 27, Glendale 1, Hamilton Beach 1, Hollis 1, Jamaica 42, Kew Gardens 1, Maspeth 1, Ozone Park 8, Queens Village 2, Richmond Hill 11, Rockaway Beach 3, Rosedale 4, South Ozone PArk 3, Springfield Gardens 7, St. Albans 8, Woodside 1.

Here's the rub, when I exclude short sales and foreclosures the number falls to just 17 which are as follows. Arverne 2, Broad Channel 1, Far Rockaway 4, Jamaica 7, Rockaway Beach 2, St. Albans 1.

If your handy, or you take out a rehab mortgage foreclosures could be an option for you. As for short sales, you would need an agent that knows short sales, but the guidelines recently changed and you may be able to pick up a short sale bargain. Good luck.
Licensed Real Estate Salesperson
Notary Public, Retired N.Y.P.D. Lt.
"We treat you like family!"
Charles Rutenberg Realty, Inc.
255 Executive Drive - Suite 104
Plainview, New York 11803
0 votes Thank Flag Link Wed Jul 18, 2012

A legal 2-family in Queens for under $300K is going to be tough to find at this time. Not impossible - but tough. If you are willing to put in some sweat equity (fixer upper) then you may get lucky with some of the Real Estate Owned properties or some of the Short Sales. Feel free to contact me at if you have any additional questions or need help locating those types of properties.
1 vote Thank Flag Link Wed Jul 18, 2012
Best should be defined and dictated by personal preferences, wants, needs, lifestyle, etc.; all else is really a matter of opinion, which oftentimes are subjective. Therefore visit areas of interest more than once and at different times of day, then choose the neighborhood that best suits your needs. For available area properties check Also consider working with an agent of your own, he/she will be your best guide.
0 votes Thank Flag Link Wed Jul 18, 2012
Liked your response , logical and sensible. Please help me find a good house. I'm Pre quqlified and pre approved by the bank for a loan amount of $410K. I'm willing to put down 50%, for a single family house, preferably converted into 2 units, in Bellerose, Floral park, Mineola or Hicksville area. I have credit score of 800. what's your opinion please?
Flag Sat Apr 5, 2014
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