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Updated about 6 years ago on . Most recent reply

Christian Hutchinson's profile image
Christian Hutchinson's profile image
Christian Hutchinson
  • Investor
  • from Detroit, Michigan
  • Member since Apr 14, 2014
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User Stats

360
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354
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Christian Hutchinson's profile image
Christian Hutchinson's profile image
Christian Hutchinson
  • Investor
  • from Detroit, Michigan
  • Member since Apr 14, 2014
Connect
Christian Hutchinson
  • Investor
  • Detroit, MI
354
Votes |
360
Posts
Buying & Selling Real Estate

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?

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