What's an extra (2nd) bath worth in a 2 bed?

Much less worthwhile in a walkup than in a real building. What floor?

Anyway, unless you own the whole building, you probably won't be allowed to do that reconfiguration. "Wet over dry" prohibition is common in cooperatives.

Yes, own the whole building. Thinking of doing it on all of the floors. Why would it not be as worthwhile, and lol at an elevator being a prerequisite for a "Real Building". Look at Mr. Big Time!

Although everybody loves having another bathroom for guests and/or roommates, the real value of a second bath is when there are children involved. Parents HATE children, and want them out of their way. Parents with children hate walkups, for obvious reasons. So there's the mismatch in a nutshell.

For your purpose, you need to consider whether you're taking away crucial space -- closets, etc. -- for the improvement. Plus of course the high NYC costs for the whole permitting/construction process. Plus I suspect it might hit your RE taxes, but not sure.

-- Mr Big Time

2nd bath would be worth it defintely if you plan to allow partitioning..ie pack 4-5 college/new-grads into the apartments and charge a premium on rent.

alanhart
about 22 hours ago
Posts: 10854
Member since: Feb 2007
stop ignoring this person
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Although everybody loves having another bathroom for guests and/or roommates, the real value of a second bath is when there are children involved. Parents HATE children, and want them out of their way. Parents with children hate walkups, for obvious reasons. So there's the mismatch in a nutshell.

For your purpose, you need to consider whether you're taking away crucial space -- closets, etc. -- for the improvement. Plus of course the high NYC costs for the whole permitting/construction process. Plus I suspect it might hit your RE taxes, but not sure.

-- Mr Big Time

what a stupid piece of shit you must be.