DUMBO is recognized as one of the best areas of new York city to buy a home

Company Easy Street advises residents of the Big Apple, looking for a place to purchase an apartment in Brooklyn, to pay attention to the area of DUMBO. He took 4-th place in the ranking of «Top real estate markets in new York city in 2018» and only from areas of Brooklyn and got there in the category of «Best areas to buy property«.

Before DUMBO located just Midtown, Central Park South and Midtown South. At the same time, the authors admit that the higher the place in the area of the rating, the more expensive housing in it. For example, rounded out the top-10 districts in this category are Long Island City, the average sales price of property here is $1.1 million. The fact that the owners of expensive apartments are usually located in the centre of new York, willing to lower prices, but the lower the price and higher the demand, the less likely sellers are going to meet a client.

Another area of Brooklyn, Prospect Heights, also took 4th place in the ranking of Easy Street, but in the category of «Best areas to sell real estate«. Below it, on the 8-th position, is the second representative of this borough Cobble Hill. Experts note that the majority of districts in this category are far from Manhattan. Exceptions were only the aforementioned representatives of Brooklyn.

The best places for sale recognized areas in Queens: they took 6 positions in the ranking. Flushing is situated on the 1st place. 2 next steps — Woodhaven , and Kew Gardens Hills. 6-th and 7-th lines occupied the Glendale and South Jamaica. Rounded out the top 10 in this category Briarwood.