View Single Post
Old Posted Aug 27, 2019, 3:48 PM
Crawford Crawford is offline
Registered User
Join Date: Nov 2003
Location: Brooklyn, NYC/Polanco, DF
Posts: 22,009
Originally Posted by Steely Dan View Post
our realtor told us that being DIRECTLY on the el tracks (with all of the attendant noise) probably gives our property a roughly $30K ding.

the main issue is when you go to sell, a certain percentage of people won't even consider something that close to the el tracks (similar to a property across the street from a sewage treatment plant or an airport), so with a smaller pool of potential buyers, it can take longer to move such properties.
Sounds like you got a great deal, and a 30k ding isn't much for resale.

Do you have a deck or outdoor space? I'd be afraid to have my kids playing outside, that close the train, for fear of debris or perhaps hearing loss.
Reply With Quote