1 vs. 2 bedrooms
Started by george12
almost 13 years ago
Posts: 64
Member since: Dec 2009
Discussion about
I am about to start gutting my newly purchased 3 family home in Brooklyn. The two rental apartments are approximately 750 sqf. each. I have some questions that I hope someone could me with: 1. Would you make each apartment as a large one bedroom or a small two bedroom rental apartments; 2. What do renters normally go after - large kitchen, large bathroom, large living, nice appliances etc...what renters generally care about and what they don't. Thank you
1. My first instinct is to make them small 2br apts AS LONG AS the bedrooms are miniscule and it is still possible to fit a queen-size bed and one or two pieces of furniture. If that's not possible then leave them configured as 1br. 2. During periods of my life when I've rented I cared about a large living area and a decent-sized kitchen. Personally I didn't care much about a large bathroom (how much time do you really spend in there anyway?) or a bedroom that was much bigger than what was needed to accommodate my furniture.
It's funny that now days 750 sqft is considered a "large" one bedroom. I remember when 650 sqft was a large studio and 900 sqft was a large one bedroom.
IMHO 750 sqft doesn't do it as a 2 bedroom, stick with one bedrooms, larger living space makes more sense than large bathrooms and kitchens. A small kitchen logically laid out with granite, wood and stainless steel will attract renters along with a "clean" look in the bathroom.
Good luck.
it all depends on the location in Brooklyn. In areas close to Manhattan, I would do 2 Br, if you are considering allowing shares and making more $$ in rent. Further back, you'll get the same money and may opt for a 1 br to have less people living there.
Where in BK? What is the typical rental demographic and demand? What is the range of price points?
Agree; if you can get 2 bedrooms that will hold a queen bed and 2 other pieces of funiture go for it. Small galley kitchen open to the living space rather than sequestered by itself will give some sense of spaciousness
I suggest talking to a local RE agent in your 'hood & see what they say. They're talking to people every day.
Doctor Doctor D is right on.