Tips for Buying an SRO Building in New York
If you’re thinking about buying a building that has a single residency occupancy (SRO) designation in New York, there are a few things you should know: SROs are multiple dwellings with units consisting of one or two rooms for occupancy by one or two people in New York. Such multiple dwellings can be permanent residences or temporary housing (e.g. hotels). Read the rest of this page »
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