Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago, 01/24/2019

User Stats

360
Posts
354
Votes
Christian Hutchinson
  • Investor
  • Detroit, MI
354
Votes |
360
Posts

Brooklyn Condo or Co-Op Conversion

Christian Hutchinson
  • Investor
  • Detroit, MI
Posted

Hi have a close friend who been living in Brooklyn for 11 years now.  His building is being converted from apartments to Condos or Co-Op.  They are offering current tenants $625K to purchase their places.  His is 1000 sq ft 1b/1ba. The place is right next to between Eastern Parkway and Empire. next to the BK Museum, Botanical Gardens, and Prospect Park. He wanted to know if we would be interested in purchasing it.  What are the typical monthly fees and taxes on a place like this?

Is this an unreasonable price?

Loading replies...