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Adding a new floor to a brick house (20 X40)? Here’s the deal: we bought a 3-unit, 3-floor brick house and are wondering if it would be (financially) wise to add up a new floor for extra income ( we would rent 2 units instead of 1) and have the upper duplex for ourselves. Each rental goes for $1300 on the market (in East Williamsburg). One contractor I’ve contacted told me it would cost me around 150K to add the floor (which mean I would have to make a loan for it…). Is the estimate realistic? Would it add significant value to my house? Am I ready to deal with DOB hassle? Does it really worth it?On the other hand I like the idea of a new customized floorplan for our 3 bedrooms- maybe a shower?- and a nice glass/ slate external structure (in my dreams) added to a rather boring looking house…

Thank you for helping me getting through this dilemma! Elido