LiseV's Profile

  • LiseV
  • 25 yrs
  • Brooklyn
  • Prospect Heights
  • Co-op
  • Freelance Writer and Pilates Instructor
  • Female
  • http://www.bargainbiatch.com

Author's Posts

June 23, 2009

SRO to 3 family?

Hi, I'm looking at a building currently and SRO and would want to convert to a 3 family. The building is currently occupied but if it could be delivered vacant, and if I could get the designation changed, is there a (long) waiting period before I would be able to occupy it? And any other info on getting the classification changed would be appreciated.
Thanks

Author's Comments

Thanks, I just talked to the listing broker regarding vacancy and letters from the tenants to make sure I could purchase without encumbrances or legal liability. He's checking money paid to get them to leave will be at the current owners expense.
I appreciate the input.

Posted by: LiseV at June 23, 2009 5:17 PM in response to SRO to 3 family?

Responses to Author's Forum Comments

Make sure you do your due diligence and that the tenants are indeed leaving. Depending on how long the present tenants are there, you may still have to put an ad in a local paper in order to get the cert of non H. Usually you may be able to move right away in but there is always the issue of pulling work permits that can be tedious until you get that certificate.

Posted by: Crownlfc at June 24, 2009 2:49 AM in response to SRO to 3 family?

Will any Design/Build groups work on this process for you? If it were delivered vacant, is it really legal to move into the building as the owner? Seems like the CoNH makes it such that you have to basically have a vacant building for 3 years to really make any headway. Then again, I don't even know if the city would believe you if you told them it had been vacant for three years.

Posted by: mixicon at July 12, 2009 11:00 PM in response to SRO to 3 family?