HC- high ceilings. 

Property needed some TLC as it had some termite damage and active infestation at time of move in, got quotes from contractors to replace some studs but all quotes came in too high so ended up doing most of the work on the home myself which meant the home sat vacant until January 2025 at which point i placed on rental sites but still waiting for vacancy to be filled.

I spent the past five+ years working for renowned designers in Portland, Maine and I'm excited to bring my expertise to this market and connect with professionals in the real estate and investment community.With a solid foundation in high-end residential and boutique commercial design, I specialize in creating spaces that are both functional and beautiful.

Ten years ago they got it re zoned for high density , the neighbors fought it and it got delayed for 2 years .

Those that own it can be harder to sell as the cash flow from the business will cover the debt service for the business, but not for the real estate.Example: I had a very high-end assisted living facility on the market. 

I’m eager to learn from those with experience and willing to put in the work to gain hands-on knowledge.I’d love to connect with others in the community—whether you’re seasoned investors or fellow beginners like me.Looking forward to any advice or insights you can share.Best regards,

The other one is pretty high, but I see you are in Brooklyn so might be reasonable.

Expenses seem abnormally high on this as it's not a nightly property.

All rules of thumb are high level down and dirty approximations to be used for quick evaluation of potential deals.

A few things that newer investors should note:- it took 13 years to get there, you have to be patient- rents are high at about $1,750, so probably a quality neighborhood- looks like that is after vacancies, probably low turnover?