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inwood ( is it up and coming?)

Started by tokigami
over 18 years ago
Posts: 5
Member since: Jun 2007
Discussion about
as an investor where do you guys think inwood will be in 5 years? or maybe even 10 years? im thinking about buying and holding some 2 bedroom condos, what do you guys think?
Response by anonymous
over 18 years ago
Posts: 1183
Member since: Feb 2007

i think you should just say no.

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Response by anonymous
over 18 years ago
Posts: 2841
Member since: Feb 2007

Inwood has come and gone. It never took off nor will it.

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Response by anonymous
over 18 years ago
Posts: 5
Member since: Jun 2007

I mean even If i buy a place that is worth 350k, get 50 k cash back at closing in repair credits, and then use that extra monet to hold me off for 3 years, you guys dont think the property will increase in value?

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Response by anonymous
over 18 years ago
Posts: 2841
Member since: Feb 2007

No...it's over forget about Inwood...

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Response by inwoodian
over 18 years ago
Posts: 2
Member since: Jun 2007

Our place had appreciated 100K in 18 Months when we sold it recently.
I would say that Inwood is on the rise.

To say that a neighborhood in Manhattan will "never take off" reeks of a hidden agenda, or is just plain stupid.
Rents had almost doubled in some buildings, particulary in Cooper street and North West.

Irving.

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Response by anonymous
over 18 years ago
Posts: 1183
Member since: Feb 2007

Just say no.

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Response by anonymous
over 18 years ago
Posts: 259
Member since: Oct 2006

Given its distance from prime manhattan I don't think Inwood will ever "take-off". Yes the neighborhood should see appreciation on a five year time horizon but this is not the next Chelsea or Tribeca that needs to just clean up a bit.

Southern Harlem is probably better positioned to see a value pop. Much better places to invest then Inwood.

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