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Updated almost 7 years ago,
Need help pricing a 4 family in NYC
I am a private seller and would like to price this house for a quick sale. It is a 4 family located near the Queens/Bklyn border. It is considered Glendale/Ridgewood. It is a short walk to the M train with easy access to Brooklyn and Manhattan and 1 block away from express buses to NYC.
Each 2 bedroom apartment was renovated in the last 10 years and all are in great condition. They are about 800 sqft each. 3 apartments will be vacant on title. Fully finished basement. 2 apartments have access to a backyard patio. 1 apartment has central air. Average rent for this area is $1800-$2200.
What would be a good selling price for this house?
Thanks in advance!