NYC Neighborhood Highlight: Elmhurst

We're entering the month of October with a new NYC Neighborhood Highlight. In this edition, we look into one of Queens' coziest and (arguably) most affordable neighborhoods for anyone looking for the perfect living space outside Manhattan's expensive environment.

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But will Elmhurst score high in terms of livability and convenience? Let's find out:

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Overview of Elmhurst

Way back before the Big Apple's construction boom, Elmhurst was Queens' first town. It was then called Middleburgh when it was founded as a Dutch enclave in the early 1600s. It was not until 1664 that the town was renamed New Town after the British replaced the Dutch residents.?

In 1896, the town was again renamed Elmhurst following businessman Cord Meyer's purchase of land covering Broadway and Whitney Avenue. By 1898, the area joined New York City after the incorporation of Queens.?

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Further developments in transportation and housing transformed the neighborhood into a prosperous area, primarily settled by a mix of Jewish and Italian immigrants. After the Second World War, the neighborhood became more culturally and ethnically diverse, so much so that its residents came from over 200 countries.?

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Today, Elmhurst has become one of Queens' most comfortable and convenient neighborhoods to live in. As a center of commerce, it's known for the numerous shopping centers built around the area. But how about affordability? Is it true you could find affordable deals in Elmhurst?

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Elmhurst Rent and Real Estate Prices

If you're thinking of renting an apartment in Elmhurst, you're in luck! Although the average rate has increased 7% from last year, the median rent in the neighborhood stands at $1,988 for a one-bedroom apartment, according to Zumper. This is lower than the average for the entire borough pegged at $2,850.

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The figures are also looking good for home buyers in the neighborhood. The median sale price is currently $313,000, down 23.1% from last year. This is even lower than the median sale price in Queens which is at $515,000.

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So, there you have it! The numbers say Elmhurst is the perfect neighborhood for budget buyers. But apart from being affordable, the neighborhood also offers loads of exciting stuff to do!

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Best Things to Do in Elmhurst

Are you looking for things to do to make the most of your stay in Elmhurst? Here's a checklist to help you get started!

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Pay a visit to Chinatown

Queens has several Chinatowns, but the one in Elmhurst is the fastest-growing! Starting in the 1990s, the area has become a hotbed for restaurants selling all-time Oriental favorites. Many of these are concentrated in Broadway Avenue where many first and second-generation migrants reside.?

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Go shopping at Queens Center

Are you looking to update your wardrobe or just feel the need for coffee? Head on over to the Queens Center, the borough's premiere shopping center along Queens Boulevard. Spanning about 970,000 square feet and with over 198 stores, the mall is a binge shopper's haven!

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Flushing Meadows Corona Park

Although located a mile away from Elmhurst, the park is as accessible as it gets to the neighborhood's residents. Touted as one of the Big Apple's largest and most unique parks, the area features two large lakes that are perfect for kayaking and other water-based sports.

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Considering all this, does Elmhurst sound like the perfect neighborhood for you?

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If it does, start your home or apartment search today! With my expertise in the NYC real estate market, you should be able to settle down comfortably in the neighborhood's cozy atmosphere.

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Call me at 917-627-5677 or send an email to [email protected]?so we can get started on getting you the best apartment for boosting your studying game!

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Talk soon,

Eli