House Hunters Season 2012 Episode 90 Multi Family Brownstone in Brooklyn
- July 10, 2012
In this episode of House Hunters, we follow a family as they search for a multi-family brownstone in Brooklyn, New York. The family consists of a couple and their two children, and they are looking for a property that they can renovate and turn into a source of rental income. Their budget is $2.5 million, and they hope to find a property that has at least four units.
The first property that the family visits is a four-story brownstone in the historic neighborhood of Bedford-Stuyvesant. The property has been recently renovated and has four separate apartments with high ceilings and modern appliances. The family is impressed with the property's spacious rooms and the natural light that floods each apartment. However, they express concern about the high asking price of $3 million, and worry that the property may exceed their budget even after negotiation.
Next, the family visits a three-story brownstone in the trendy neighborhood of Park Slope. The property has four separate apartments, each with its own entrance, and features original details such as stained glass windows and ornate woodwork. The family loves the charm of the property and the potential for rental income, but express reservations about the cost of renovations. Additionally, the location is quite far from the children's school, which could become a problem.
The final property the family sees is a four-story brownstone in the up-and-coming neighborhood of Crown Heights. The property has four apartments with original details such as exposed brick and hardwood floors. The family is impressed by the space and character of the building, and envision renovating the apartments to bring out the building's potential. However, they are hesitant about the location, as Crown Heights does not yet have the same level of amenities and conveniences as other Brooklyn neighborhoods.
After seeing the three properties, the family must weigh the pros and cons of each before making a decision. They ultimately choose a property in Bedford-Stuyvesant, the first property they viewed, despite it being over their budget. However, they were able to negotiate with the seller to come to an agreement at a lower price that worked for both parties.
In conclusion, this episode of House Hunters follows a family as they search for a multi-family brownstone in Brooklyn, New York. The family is on the lookout for a property that they can renovate and turn into a source of rental income. After visiting several properties, they ultimately choose a property in Bedford-Stuyvesant, a neighborhood with a lot of character and potential. This episode highlights the challenges of finding the right property in a hot real estate market, but also showcases the thrill of discovering a diamond in the rough.