Renovation work estimates
Hey, I was just curious about everyone thoughts on this house. I was trying to get a feel of how much it would cost to renovate it? Mainly, to re-do the front/back with brick, new windows, door, etc… and making the first floor 1 apt? http://www.elliman.com/listing/for-sale/brooklyn/williamsburg/173-north-8-street/173-north-8-street/ttafoxr
Hey,
I was just curious about everyone thoughts on this house. I was trying to get a feel of how much it would cost to renovate it? Mainly, to re-do the front/back with brick, new windows, door, etc… and making the first floor 1 apt?
http://www.elliman.com/listing/for-sale/brooklyn/williamsburg/173-north-8-street/173-north-8-street/ttafoxr
Great advice! I shall keep looking, thanks.
Hey superdee1, what’s with all the dan comments? Are you Dan? I just checked your listings and all you seem to say is to call Dan.
This is commercial property. The low price reflects the low rent roll and RS or RC tenants.
You’d probably be better off looking for a three-family in East Williamsburg, Greenpoint, Bushwick, or Ridgewood in move-in condition and delivered vacant. If you want brick, buy a brick building.
On this building, you could spend $100,000 to $200,000 or more replacing the windows and facade with something appropriate such as wood shingles or Hardiplank. The door is original and adds greatly to the appearance of the building. If it’s drafty or not working right, someone experienced with old doors such as Southslope Woodworks could make it like brand new again.
Re the cost of joining apts, depends what you want to do. If you want to add a door in the hallway, it will cost perhaps $1,000 total.
If you dream of removing the wall in the rear of the apt, think again. It’s a load bearing wall, and you can’t move the plumbing stack for the whole building — unless the entire building were empty and you gut renovate the whole thing.
I saw a four-unit building once in which the owner had tried to join two apts on the cheap. It looked like hell. Columns everywhere, mirrored layouts that made no sense, one room too wide for no reason — it was awful.
The listing mentions that two units will be available at closing, are you sure that they are the two ground floor units and not two units that aren’t even connected?
Re-doing the front and back with brick is going to be a huge undertaking, especially with tenants in place. Because they’re rent stabilized, I doubt that they’re going to want to go anywhere, so you’ve got that problem to deal with. Assuming that you’re not talking about a crummy brick facing, but actual brick, you’re going to have to rip off the facade. A lot of these older buildings have stacked rubble foundations, which you would have to shore up to deal with the additional weight of the brick, and re-build the front, interior and exterior. When you start factoring in that you might have to pay to temporarily relocate tenants, you could be looking at hundred of thousands of dollars before all is said and done (along with a lot of headaches). You might want to consider something a little less intrusive like Hardi-plank (from the pictures, it looks like the building is asphalt shingles over frame, but if I’m wrong on that, ignore most of what I just said!).
Hi,
Try Dan at 718 485-1044 he is licensed and offers free estimates also he is very reasonable.
I would have to check into those things. I also just noticed that the apartments are rent stabilized = (
Hard to say! There isn’t much to go off of here.
1st floor doesn’t have the best layout for a single apartment because the stair is in the middle.
How is the plumbing?
Updated Electric?
Any DOB violations?