There are several advantages and disadvantages to consider when buying property in the Bronx, New York, which I'll outline below:

Advantages:
1. Lower cost: Compared to other boroughs in New York City, the Bronx often offers more affordable property prices.
2. Up-and-coming neighborhoods: Some areas of the Bronx, such as Mott Haven and South Bronx, have been experiencing significant revitalization efforts in recent years.
3. Proximity to Manhattan: Although the Bronx is technically outside of Manhattan, it is still very close and easily accessible by public transportation.

Disadvantages:
1. High crime rates in some areas: Parts of the Bronx have traditionally suffered from high crime rates, although these have been decreasing in recent years.
2. Limited job opportunities: The Bronx has a high unemployment rate compared to other parts of New York City, and finding a job may be challenging.
3. Poor transportation infrastructure: While the Bronx is close to Manhattan, getting around within the borough itself can be challenging due to limited public transportation options.

Before buying property in the Bronx, it's important to research the specific neighborhood and property you're considering to determine whether it's a good fit for your needs.