Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Quality of Life in East New York : Real Estate Advice

  • All71
  • Local Info10
  • Home Buying12
  • Home Selling1
  • Market Conditions5

Activity 1
Tue Jun 5, 2012
Pierre Calzadilla answered:
East New York, and all of Brooklyn for that matter has been seeing an increase in values. Like any investment, every property is different, and when it comes to investing in a business - even more so than a regular property - there is always risk. The area could be great, and the business could fail. Therefore, my simple answer is "yes" every area should be considered for business - just depends what kind for the particular area. You need to think about competition, demographics, size, location, public transportation access, etc. If all these things add up for you, then it doesn't matter if it is East New York, or The Upper East Side - there is always a risk.

I recommend you work with a COMMERCIAL real estate agent, they will be able to guide you through the process.
... more
0 votes 4 answers Share Flag
Search Advice