Neighborhood focus: Jackson Heights, Queens - Rava Realty

Neighborhood focus: Jackson Heights, Queens

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In Jackson Heights prices are skyrocketing but there are still deals to be had. One bedroom apartments range here between $300,000 and $450,000 in most instances.

The prewar co-ops and many subway lines serving the immigrant neighborhood of Jackson Heights have come to be increasingly enticing to a new, deeper-pocketed cohort. As a result, median prices have gone up 71 percent in the neighborhood since 2012.

The neighborhood is very cosmopolitan, some experts say 167 different languages are spoken there. Jackson Heights was originally planned and built for middle-class workers. The main developer then was the Queensboro Corporation which started the works in the early 1900s. It all took off in 1917 when the subway from Manhattan to Flushing (today’s 7 train) opened.

These were the first ‘garden apartments’ built in the United States and were revolutionary for their time. Many of these buildings, which are located between Northern Boulevard and 37th Avenue, have since been landmarked by the city given their beauty and age.

Condos are rare in the neighborhood. One example is Stratford Hall, a six-story brick building on 35th Avenue, which converted from rentals about a decade ago. (source: Brick Underground)

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