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Market Conditions in East Harlem : Real Estate Advice

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Activity 1
Tue Oct 27, 2009
Bob Borger answered:
Hey, Ziggy hope all is well. Here's an interesting post I found in Curbed that may help to answer your question.

http://curbed.com/archives/2008/0/20/development_du_jour_east_120th_street_townhouses.php

I however would be concerned about prices for those properties that are in proximity or adjacent to the facilities' truck loading and unloading zone which i believe will be active between 1am and 5am weekdays.

So unless you're in direct earshot of the trucks unloading or near the congestion that will be caused by traffic coming off the drive, over time there may be price appreciation as smaller neighborhood stores arrive and the neighborhood becomes popular destination for buyers and renters.
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