Queens Real Estate Offers Choices for New York Families By George Subraj

December 27, 2012

For New Yorkers seeking to find a place to raise their families, Queens offers excellent opportunities for first-time buyers. With the most green space of New York City’s five boroughs, Queens enjoys a reputation as a place of strong communities, safety, and a good real estate outlook.

Industry watchers expect Queens to experience a bit of an upturn in 2013, similar to what took place in Brooklyn five years ago. Strong areas include Astoria, Long Island City, Rego Park, and Forest Hills. Other up-and-coming locations include Middle Village, Ridgewood, Woodside, and Glendale, where the cost of goods is significantly lower than in Manhattan.

Home prices appear to be trending down, which should enhance the borough’s popularity. The average cost of a home in Queens stands at just over $390,000.

About George Subraj: A native of Guyana, George Subraj has more than 30 years of experience as a real estate executive in New York City. He currently heads Zara Realty, which services Queens and Long Island.

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