"The Village", as it's coined, is a hip college area near Vanderbilt University.
Brooklyn BROOKLYN COLLEGE AREA $350,000 2798 Bedford Avenue 4-bedroom, 2-bath, 2-story, federal-style brick town house; dining room, eat-in kitchen, marble baths, finished basement; 18-by-100-ft.
lot; taxes $1,361; listed at $275,000 , 4weeks on market (Broker: Trebach) BROOKLYN BROOKLYN COLLEGE AREA $556,000 750 East 21st Street 7-bedroom, 2-bath, 86-year-old detached house; dining room, renovated eat-in kitchen, triple parlor with fireplace, wraparound porch, herringbone floors, 1-car garage, 50-by-100-ft.
lot; taxes $286; listed at $550,000 , 8weeks on market (brokers: Harlem Homes; Charles H. Greenthal) Brooklyn BROOKLYN COLLEGE AREA $469,000 2118 Glenwood Road 5-bedroom, 2 1/2-bath, 103-year-old detached colonial-style house; dining room, eat-in kitchen, butler's pantry, enclosed porch, fireplace, finished basement, 2-car garage, 40-by-100-ft.
doormen, dining area, h/w floors, terrace, 2 exposures, indoor parking space, partial Hudson River view; maintenance $864 , 50 tax-deductible; listed at $295,000 (multiple bids), 2 weeks on market (Broker: John Edwards Real Estate) BROOKLYN BROOKLYN COLLEGE AREA $463,500 515 East 23rd Street 6-bedroom, 4-bath, 80-year-old center-hall brick colonial; dining room, sun porch, rear deck, 50-by-100-ft.
While the "high school" area is more introductory, the "college" area contains more goal-oriented language and information.
After all, they'd been priced out of their university flats once the student loan ran out: rents in college areas remain stubbornly extortionate.
Lawrence Yun, the chief economist for the National Association of Realtors, suggested in a post this spring on the Realtors' blog that because of increases in college enrollment, "buying a rental property in college towns or college areas of a large city may prove a good return on investment for those who are patient".
To determine which college areas offer the most solid investment potential, we turned to the upcoming edition of Cities Ranked and Rated for higher education data.
I know, I thought, college areas can be great places to walk around in the daytime, as they often feature interesting shops and hangouts.
The party saw a major voter surge in college areas in recent elections.
