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Forum
-> Household Management
-> Finances
amother
Teal
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Mon, Nov 14 2016, 4:53 pm
Theres a 20' 3 family brick house with a for sale sign on 49th street between 12 and 13. Its attached on both sides. It must have been built in the 60s or early 70's because it has a walk-in, not a walk-up and probably no basement.
What does a house like that usually sell for in that area? Whats the low-high range?
TIA
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Amelia Bedelia
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Mon, Nov 14 2016, 5:21 pm
Probably about 1.6 million
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amother
Forestgreen
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Mon, Nov 14 2016, 5:24 pm
amother wrote: | Theres a 20' 3 family brick house with a for sale sign on 49th street between 12 and 13. Its attached on both sides. It must have been built in the 60s or early 70's because it has a walk-in, not a walk-up and probably no basement.
What does a house like that usually sell for in that area? Whats the low-high range?
TIA |
2 years ago my neighbor bought a tiny legal 3 family house (about 20x40), attached, non brick (siding plus small area of brick facade), no separate doors or hallways between the 3 floors, with basement cellar, not in as center of BP, needed work throughout, for $979k. Seller was originally asking for $300k more but settled because of the above written issues.
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gande
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Mon, Nov 14 2016, 5:25 pm
At least 2m. A one family can go for 1.6m. The fact that there is a for sale sign is possible as sign that they want an inflated price or else someone would have grabbed it up right away.
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amother
Teal
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Mon, Nov 14 2016, 5:29 pm
gande wrote: | At least 2m. A one family can go for 1.6m. The fact that there is a for sale sign is possible as sign that they want an inflated price or else someone would have grabbed it up right away. |
I agree with above.
A similar house sold a few months ago for 1.7 million. Does that make sense? I thought 3 family houses, w 3 bedrooms, 2 baths in each apartment, in BP in that area, are even more expensive.
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flowerpower
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Mon, Nov 14 2016, 5:32 pm
In that area.... Over 1.5 for sure. It's location- basically the lot.
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amother
Teal
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Mon, Nov 14 2016, 6:54 pm
flowerpower wrote: | In that area.... Over 1.5 for sure. It's location- basically the lot. |
In that area? Forget the area! Are there ANY areas in Brooklyn where you can get a 3 family home (2 rentals) for less than 1.5? If yes, where?
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amother
Cerulean
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Mon, Nov 14 2016, 7:24 pm
2 family house in great location built in early 1900. Was 1.1 mil 2 yrs ago! So a 3 family is definitely 1.5/6. Good luck! Ha. You could get way nicer and cheaper in Lakewood.
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