Multi-Fam Properties with missing CofO

[Octavio Warnock-Graham]

Hi BP!

I am curious what are the real world considerations that come with properties lacking a CofO.

Has anyone bought an investment property w/o a CofO and what was involved in obtaining one? 

thanks in advance 

[Kevin Paulk]

If your buying the property here in NYC and it was built before 1938, there a good chance that the property was not required to have a CofO unless later alterations changed its use, egress or occupancy. If you require proof of a building’s legal use – and it’s exempt from the CO requirement – contact the Department’s borough office where the property is located to request a Letter of No objection.