Brownstones in the Heights are as expensive as you will find in the Borough. $1500. a square foot is not unusual, and for those that hit the market many are in need of renovation which can often run $500. per square foot.... more
You will not be forced to get flood insurance if you don't have a bank involved. I would always advise anyone living on this beautiful peninsula to get flood insurance. If you need to get a mortgage, then, they will most likely require you to get flood insurance. Look on NFIP to get a quote. Do NOT let your bank get it for you. It will probably cost you twice as much as what is supposed to be regulated prices.... more
It depends on many things.
The size and tax class, how many families is it?
If there have been a lot of "improvements" building permits pulled on it and a lot of transfers; buying & selling; the taxes will be higher than a similar house, in the same tax class that has been in the same family for many years with no permits and changes of uses etc.
The house that you have tagged here is probably about $4-5,000 per year. But it could be a lot higher depending on the number of changes of use and building permits issued. But a lot less than you pay in Oyster Bay, NY!
Call me if you need further townhouse questions answered.
Kathryn Lilly, Broker
Realty on the Greene, LLC
The majority of construction projects I am seeing in Bushwick/Willliamsburg/Gowanus are conversions from industrial buildings to residential housing or condo conversions. Also, the demand for both residential sales and rentals is so high that supply cannot meet it. You should look into each field before making your decision but as of right now I don't think industrial real estate is the future of Brooklyn.... more
The Rent Guidelines Board rejected a rent freeze on Monday, instead approving low hikes for tenants of rent-stabilized housing. On a 5-4 vote, the board approved increases of 1 percent on one-year leases