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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
Response by uwsbeagle
almost 13 years ago
Posts: 285
Member since: Feb 2012

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.

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Response by RealEstateNY
almost 13 years ago
Posts: 772
Member since: Aug 2009

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.

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Response by ab_11218
almost 13 years ago
Posts: 2017
Member since: May 2009

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.

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Response by huntersburg
almost 13 years ago
Posts: 11329
Member since: Nov 2010

Where in BK? What is the typical rental demographic and demand? What is the range of price points?

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Response by eriegel
almost 13 years ago
Posts: 140
Member since: Apr 2011

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

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Response by drdrd
almost 13 years ago
Posts: 1905
Member since: Apr 2007

I suggest talking to a local RE agent in your 'hood & see what they say. They're talking to people every day.

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Response by huntersburg
almost 13 years ago
Posts: 11329
Member since: Nov 2010

Doctor Doctor D is right on.

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