Full Time Top Sales Agent
Specializing In Co-ops and Home Sales
Weichert Realtors, H.P Greenfield
1712 Utica Avenue,
Brooklyn, New York
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It is impossible to answer that question without knowing three important factors: 1) What is the location of the property? 2) What is the square footage ofd the apartment? and 3) Is it a LEGAL apartment?
If it is not a legal apartment then it is not supposed to be rented in the first place, that would be breaking the law. If you were to post more details I can give you a more specific answer. If you like, feel free to contact me and we can discuss it further.
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665
Cellular: (917) 805-0783
FIrst, are you in a legal two family or is the usage code for your property (i.e., 2 or 3 family) indicated for a legal two or three family?
If it's not legal you would not be able to go to housing court - you would need to use civil court if there were ever a case against your tenant.
Once we know you can legally rent your basement, your best source would be to search online and in pennysavers to see what other owners are asking for rent for a basement apartment. Also, some real estate firms have specific rental departments and they may be another source of information.
Bonnie Chernin & David Rogoff
Coldwell Banker Mid Plaza Real Estate