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Updated over 6 years ago,
Multi family Investments
Is there a standard formula developers use to determine if the property works with these numbers
Building Area2,000 Sq Ft (20 Ft 50 Ft)
Residential2,000 Sq Ft - 2 Apartments
Part basement1000 Sq Ft
Grand Total3,000 Sq Ft
ConstructionBrick
FacadeComposition Average
Land Use1 & 2 family buildings
Lot Area1,800 Sq Ft (20 Ft 90 Ft )
Building ClassB1
ZoningR6
Residential FAR2.43
Facility FAR4.8
FAR as built1.11
Buildable4,374 Sq Ft
Air Rights2,376 Sq Ft