Investor · Brooklyn, NY · Member since 2016 · 77 posts · 26 votes
Hi,
This question is for New Yorkers familiar with Brooklyn, Manhattan 2 family Brick/Brownstone homes.
I'm looking flip 2 family homes and wanted to get your thoughts on which set up would command top dollar to a buyer.
Which setup do you think is more appealing to a buyer?
1. Rental on the ground floor (renter will have access to the basement and garden) and duplex on the top 2 floors? Duplex will have access to garden via steps leading down.
2. Rental on the top floor and duplex using the ground and 2nd floor ? (With access to the garden and basement)
I hope this makes sense
@Remo F. I assume you're going after an owner/occupant. In that case, most places I see put the rental in the garden/basement level and sometimes the upper duplex has a private roof deck. If the owner/occupant is looking for private garden access then the rental is on the top floor, but that's rarer.
Honestly I don't think it makes a big difference but being able to offer private outdoor space to the owner is a good way to stand out either way you do it.