Adding Separate Meters on 2-unit (Queens-NYC)

[Nima S.]

Good Afternoon - BP Nation. I have come across a situation which I am sure that others have faced before. The property I am looking at is a legal 2-family. Classified as B3-2 (NYC) which is a conversion to two family from single family. The current owners live in the duplex (second and third floor) and a tenant lives in the first floor. I guess the owners changed the certificate of occupancy to a two family but never added separate meters as they occupy the large portion of the house (duplex) and factored utilities into the rent for tenant as there are so separate meters.

Now in this situation has anyone installed separate meters for water/sewer, electric and heat. There was only one meter for electric and there was one boiler (heat furnace) and one water heater. Basically I am trying to figure out what is the cost and process involved in adding separate meters and will I also have to install separate furnace and water heaters for separate bills OR is sub-metering on the same furnace and water heater is possible. As I want to occupy the lower unit and rent out the duplex so I have more income coming into support mortgage but will not be very economical if there is no way to bill duplex tenants separately for utilities. 

Your advise will be highly appreciated.

Best-

NS