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Updated over 1 year ago on . Most recent reply

Schneur Yecheilov's profile image
Schneur Yecheilov's profile image
Schneur Yecheilov
  • from Brooklyn, NY
  • Member since Feb 12, 2018
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Schneur Yecheilov's profile image
Schneur Yecheilov's profile image
Schneur Yecheilov
  • from Brooklyn, NY
  • Member since Feb 12, 2018
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Schneur Yecheilov
  • Brooklyn, NY
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General Landlording & Rental Properties

Section 8 New York City

Schneur Yecheilov
  • Brooklyn, NY
Posted

Hi,

I’m looking to buy a 2 family house in Brooklyn NY. 1 tenant is on the section 8 program and they pay $2000 rent. The seller is saying that the lease expired years ago therefore there has been no rent increase.

If I purchase the property and make a new lease with the same tenant will I be able to get the max section 8 pays for a 3 bedroom which is $3777?

Thanks

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