The problem a young person would have purchasing a cooperative in Jackson Heights or anywhere is the up front costs. If you're looking at a $450,000 one bedroom cooperative in Jackson Heights you'll need 20% down (for most cooperatives) which is $90,000 + closing costs + other costs if its not in prime move in condition. They will most likely be renting and there is very little rental inventory in Jackson Heights. I was a rental agent many years ago in Manhattan and two singles sharing a one bedroom was very common so a luxury $3,000+ one bedroom would not be a problem.