Here are some potential pros and cons of buying property in East Atlantic Beach, New York:

Pros:
- Close proximity to the beach and ocean can be a major draw for many buyers
- Typically high demand for beachfront property, which can help with resale value down the line
- East Atlantic Beach is part of the town of Hempstead, which offers access to highly-rated schools
- The village is located near popular tourist destinations like Long Beach and Jones Beach, which can provide entertainment and cultural opportunities

Cons:
- Property values in East Atlantic Beach tend to be high, which can make it a challenging market for first-time buyers or those on a tight budget
- Given its location on the coast, properties in East Atlantic Beach may be at higher risk for damage from hurricanes or other natural disasters
- The village is relatively small and may not offer as many dining, shopping, or entertainment options as larger towns or cities
- New York State taxes are among the highest in the U.S., which can impact residents' overall cost of living.

It's important to note that these factors are not exhaustive and that some may be more or less relevant depending on your specific needs and goals. It's always a good idea to consult with a trusted real estate agent or financial advisor before making any significant property purchases.