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What classifies as a "unit" in NYC?
I've always been confused by the term "unit" in Real Estate. When people talk about 1,2,3... unit buildings, what exactly makes something a "unit."
My father said that every unit has a bathroom, but he isn't too sure.
Any thoughts?
Most Popular Reply
From what I could gather...a rentable apartment.
So a unit could be 1, 2, or 3 bedrooms...
A 2 family house is 2 units.
A 3 family house is 3 units.
If you take a 1 family and legally separate t into a 2 family, that'll be 2 units.