2 BR, 1 Bath in
Central Brooklyn
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Description
This ground-floor 2 bedroom apartment in Central Brooklyn is minutes aways from Prospect Park, the Brooklyn Museum and several subway lines.
This owner is forced to keep their unit vacant because they are not comfortable renting it in current condition and they cannot afford to put forth the capital costs to renovate the units when there is no mechanism to recapture their expenditures.
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Cost
The legal rent is $844.
Market rate rent is $2,400
The cost of renovation is at least $60,000
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Astoria is booming! And this 2 BR, five minutes walk from the subway and a bunch of trendy restaurants has just become available after a tenant of 34 years left. The only problem is that it needs some work.
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Central Brooklyn
This ground-floor 2 bedroom apartment in Central Brooklyn is minutes aways from Prospect Park, the Brooklyn Museum and several subway lines.
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Northern Manhattan
This two-bedroom in Washington Heights has been vacant for almost two years. The previous tenant lived in the apartment for more than 30 years and never allowed the property owner access to the unit.
