How much value does a roof deck add to an apartment?

Asked by Dale Ho, Brooklyn, OH Fri May 9, 2008

If you're looking in say, Park Slope, Prospect Heights, or Fort Greene, and you have two comparable apartments in the same neighborhood, but one has a roof deck, how much more would you expect the fair market value of the second apartment to be?

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3
Rhonda Holt, Agent, New York, NY
Wed Jun 24, 2009
I think a roof deck in the city where space is so tight is definitely a huge selling point for a property. Depending on size and the functionality of the roof deck I think it could definitely add an additional $20,000 or more to the selling price.
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Cree Quaker, Agent, Woodstock, NY
Tue Jun 23, 2009
I would say $35-$50k added value...if it's more stylized you can get the higher value.
Cree Quaker
Brooklyn, NY
Woodstock, NY
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Jim Winters, Agent, Brooklyn, NY
Thu Jul 31, 2008
Hi Dale. Depending on the square footage, the quality of the roof deck, and the view, I would give you a range from $40K to $120K in added value.
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