East New York is not a neighborhood of yoga studios, trendy coffee shops, and pet grooming spas, at least not yet. East New York Real Estate developers who have been observing the area for a couple of years. The appeal of East New York is its affordable properties and easy access to public transportation. Though the areaâ€™s crime rates have historically been high compared to other parts of Brooklyn, residents say itâ€™s best sides are often overlooked.
Those looking for East New York Real Estate will find Single-family and multi-family homes as the bulk of their options. However, the housing business is slated to change, as developers have been snatching up properties in the area. East New York is breaking boundaries as Brooklynâ€™s latest home buying hot spot. New townhouses are rising from empty lots. Recent big deals include some fellow investors buying Arlington Village - a two-building, 210-unit apartment complex on Atlantic Avenue. While itâ€™s unclear what will become of the housing units that are being purchased this year, it certainly means the once-neglected neighborhood will see gentrification.
Public Transportation in East New York is plentiful and easy to access! The Long Island Rail Road station is available for Long Island commuters. Several lines serve the area, including the (2,3,4 and 5)(A, and C)(J, and Z)(L) trains. Some buses (BM2, BM5, B6, B12, B13, B14, B15, B20, B25, B82, B83, B84, Q24, Q56) service East New York.
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