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Updated over 6 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Vladimir Baron
  • Brooklyn, NY
1
Votes |
7
Posts

Multi family Investments

Vladimir Baron
  • Brooklyn, NY
Posted
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

Most Popular Reply

User Stats

108
Posts
112
Votes
Peter S.
  • Attorney
  • Miami, FL
112
Votes |
108
Posts
Peter S.
  • Attorney
  • Miami, FL
Replied

Numbers are solid. Especially the air rights. 

Buy it immediately. 

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