What’s the advantage of tax class 2A and 2B for Manhattan properties?

Some investors focus on larger apartment buildings for their acquisition and may miss out on smaller ones that make just as much or more sense. In a recent Commercial Observer, a commercial broker takes a look at the advantage of tax class 2A and 2B(4-10 units) and perhaps acquiring a few of those instead of large buildings that are just in tax Class 2(11+ units).

Full coverage from Commercial Observer

The Author-  Brian Silvestry , a licensed real estate broker, has been selling residential and commercial real estate since 1999. He has sold in every neighborhood from Battery Park City to Washington Heights.

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