Local Real Estate Networking
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago, 04/21/2014
How do I Comp A Brooklyn Property that I Know Is a teardown?
How do I Comp A Brooklyn Property on a block full of relatively new Duplex & Triplexes when I know the existing house will have to be torn down before a new one can be built? Do I Comp it against Improved Land sales or the newer structures selling on that street even though it's unknown exactly what the new structure will be ? The lot is a little smaller than most on that block as well. Can someone offer some area insight as I've only just moved back to NY a month ago?