Open House Picks
Park Slope 545 3rd Street Douglas Elliman Sunday 1-3 $2,775,000 GMAP P*Shark Park Slope 702 President Street Warren Lewis Sunday 2:30-4 $1,695,000 was $1,895,000 GMAP P*Shark Clinton Hill 81 Hall Street Century 21 Friday 6:30-9 $895,000 (pre-reno here!) GMAP P*Shark Crown Heights 1250 Bergen Street Corcoran Sunday 4:30-5:30 $569,000 GMAP P*Shark
Park Slope
545 3rd Street
Douglas Elliman
Sunday 1-3
$2,775,000
GMAP P*Shark
Park Slope
702 President Street
Warren Lewis
Sunday 2:30-4
$1,695,000 was $1,895,000
GMAP P*Shark
Clinton Hill
81 Hall Street
Century 21
Friday 6:30-9
$895,000 (pre-reno here!)
GMAP P*Shark
Crown Heights
1250 Bergen Street
Corcoran
Sunday 4:30-5:30
$569,000
GMAP P*Shark
on the other hand, rent goes up over time while mortgage stays flat. so the picture gets better over time.
That Bergen place looks pretty nice, actually – wouldn’t take much to get it spruced up properly…
the Asking price for 545 3rd street is just plain silly. You have to be crazy to pay this much for a brownstone in this day and age, unless you are a wall street crook.
yeah… i think a lot of people forget that you have to pay tax on rental income. makes a huge diff in cash flow when I crunch #s. But how awesome would it be to have a basement!
Other factor with President is taking on being a landlord to not just 1, but 2 tenants. Many people don’t want the headache, esp of tenants overhead (vs. garden).
Joe B, haven’t done math in a while but I recall straight duplex was cheaper than multi family collecting rents.
has anyone crunched the numbers on owning a multi family and collecting rent vs just owning the duplex? which is better? I come out about even when I do it.
Note to the owners of 702 President Street.
CLEAN
UP
CLUTTER
Is that Hall Street house also near some projects? I can’t make them out on the map.