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Updated over 5 years ago on . Most recent reply

User Stats

61
Posts
18
Votes
Michael Upshur
  • Investor
  • Silver Spring, MD
18
Votes |
61
Posts

Converting a SRO

Michael Upshur
  • Investor
  • Silver Spring, MD
Posted

I have a property in Brooklyn that is currently listed as a mixed used with one apartment and multiple Single Room Occupancies.

1) How would I go about converting this to a regular studio rental? 

2) Do I have to wait for the current tenants to move out or and I reclaim the property for owner

occupancy, do rehab and then place new tenants in?  

3) Does anyone have any lawyer recommendations in this type of issue 

Let me know.

All the best,

Michael 

Most Popular Reply

User Stats

117
Posts
44
Votes
Nelson Del Castillo
  • Investor
  • trumbull, CT
44
Votes |
117
Posts
Nelson Del Castillo
  • Investor
  • trumbull, CT
Replied

@Michael Upshur if tenants do not have a lease you can reclaim property with 30 day notice.

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