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Updated almost 5 years ago,
Going Condo in upstate NY
I own a five unit building -- 2 brick buildings, side by side. It's in upstate NY.
I am thinking about selling it as condos. I am thinking about joining two apartments on one side as one unit (two floors). There is a street level apartment in the same building, with three bedrooms that I'd sell separately. Next door, there are two apartments, one with 2 bedrooms and the top floor with one bedroom, that I'd sell separately.
I can't find a lot on this site about creating condos before sale. Five units would become four.
Is there anything I should know or watch out for or consider?
Thank you!
Kate