Brownstone= single, 2 or 3 family -- which one is a better investment

wow -- looks like no interest in brownstones or harlem -- the silence speaks a lot

Surely someone has some feedback, jd. Meanwhile, I'd suggest talking to realtors who work in the area & see what they say. They're the ones on the front lines & should have some good feedback. Good luck & let us know what you find!

Harlem is experiencing a tremendous period of gentrification. In light of Mayor Bloomberg identifying Harlem as one of the new business hubs, the rezoning of 125th street, Major League Baseball's new 24hr cable network and Inner City Broadcasting (second-largest radio broadcasting company) moving into Harlem Park (being developed at 125th St & Park Ave), 3-4 hotels starting contruction along 125th St, renovation of the Apollo and Victoria Theaters, Columbia's $7 Billion campus expansion, new Harlem piers on the Hudson River between St. Clair Place and 135th Street, the current development of the East River Plaza (huge mall by the FDR anchored by Home Depot/Costco/Target), ect....I would say to seriously consider purchasing in the area before prices really sky rocket. The full City Council vote on the rezoning is to take place by the end of the month....it is expected to pass since the subcommitte just approved the rezoning. Once it's officially approved by the full Council, prices will shoot up. If you plan on staying in the home 5-10 yrs....definitley look into buying now.

thx dg156 -- what about the question re 1 2 or 3 family

jd, what part of Harlem are you thinking about? Your topic fascinates me so I'm trying to keep it up. What are the realtors saying?

central harlem -- 122/123 adam clayton powell
realtors are not offering any consistent advice

Did you see the post for Elliman's Harlem homes tour for this weekend? Could be interesting & maybe you can glean some information then? Good luck!