The Queen's Real Estate Market Set to Grow!

The borough of Queens is one of the original 12 counties of New York State, and the borough takes up the same space as the County. Currently, the Queens real estate market is one of the most ethnically diverse of any in the city of New York, with a population of 2.21 million as of the 2000 census, and more than 47% of it being made up of immigrants.


One of the driving forces behind the dynamism of the Queens Real Estate Market is its proximity to Manhattan - it's a shorter commute and not nearly as pricey as living in the eastern end of Long Island is, making it the home of middle class residents, rather than the micromansions of the rich, though some communities in the Queens real estate market are upper end, such as Astoria - still, communities, such as Flushing and New Hempstead are still quite affordable.

If you're looking to enter the Queens real estate market, either as a home buyer, or a renter, there are several venues where you can get specific information on particular neighborhoods. If you're interested in Commercial real estate investment, the queens real estate market is less inflated than Manhattan, but is still quite profitable on a buy-and-hold strategy - buy-and-flip is not currently recommended for this market due to the chaos of the securities markets at this time.

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