According to the website for 'Parks, Recreation & Historic Preservation', the credit has been increased to 30% for buildings placed in service after January 31st, but New York State Tax Form IT-238 repeatedly states that the credit is worth 100% of the approved Federal Credit, which is only 20%.

We buy farmland or recreation land and when it can become a subdivision, we sell. 

After we close they are mapping out the building to recreate a floor plan.

It is currently zoned:6100 COMMERCIAL - NEIGHBORHOOD /3415 ENCLOSED RECREATIONAL ARENA: ENTERTAINMENTsitting immediately to one side is a duplex zoned multifamily 2-9 units and to the other side is a vacant lot zoned duplex single familyThe building is living 7000 SQ FT and according to a document online is being used as a house of worship/churchI saw a comp for an apartment complex 18Beds / 6Baths that sold cash for  $1,360,000 which looked to be in livable ok condition with living 7500 SQ FT.So basically what do I need to know in order to present an offer for the property considering it would need to be converted to a apartment complex with engineering city hearing zoning etc.

It might be too small to rent to a recreational user, but who knows.  

Multifamily was supposed to have 60 sq. ft. of private recreation area and an additional 100 sq. ft. of public recreation area per unit.

Yeah I am not expecting a magic bullet or really trying to re-create the wheel. 

The condos all had recreation facilities and pools.The condos and 2-plex worked for me for the following reasons:1.

Accepting tooooo weak a tenant buyer.Much to learn re creative deal scenairos.

I would choose a place that doesn't have the frozen pipes/ice, snow damage and hassle risk, yet close to winter recreation.