Going from a 3-family C/O to a 2-family

Hi–my family and I have brownstone in Sunset Park.  The C/O is for a 3-family, but it was renovated to function as a 2-family (duplex and garden level apts).  We didn’t bother to change the C/O when we renovated, because our architect advised that it was a huge hassle. Now, I’m wondering if we should bite the bullet and make the change.  We can’t refinance at a lower rate because it’s a 3-family, and that has me wondering about the mortgage rate a buyer might be able to get when we go to sell it.  Thoughts or advice about the hassle and/or cost of switching?  Thank you!

annieo

in Building Code 13 years and 7 months ago

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bostudio | 13 years and 6 months ago

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It is a process that will involve preparing drawings showing the existing conditions and filing an Alteration type 1 with the DOB.  You will need an architect and an expeditor – they work together as a team.  The drawings will get filed with the DOB and the review / approval process will take a few months.  Please free free to contact me regarding costs.  My contact info can be found at www.bostudio.us/contact

jockdeboeraia | 13 years and 6 months ago

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Wow, bad advice. Was this person licensed? Give me a call.