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Updated over 6 years ago,
about multifamily valuation/comps
Hi..
I am in NY area. I and my partner- we are currently looking at a property with a 2family structure on it. The property has the zoning to be build up to 7 floors...but we can not find any comps in the area for such a building, since most of the buildings are 2-3 families and some distant coops. We would appreciate if you can suggest a few ways to value such a building...