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Buildings that have converted.

A board reading about conversion usually wants to see a building like its own. Each of these buildings has converted.

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The conversions by state.

Each case study names the building, its unit count and where it is.

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Co-ops explore the conversion option as a way to increase shareholder property values.

Co-ops explore conversion to increase unit values, create funds for building improvements and improve financing opportunities for current and future owners.

Values per unit, from Hutton’s conversion records. Results vary by building and market.

Values per unit before and after conversion
BuildingYearBeforeAfter
808 Laurel, San Mateo, CA2016$370,000$680,000
Royal Palms, Long Beach, CA2015$200,000$350,000
Twin Pines, Santa Clara, CA2014$230,000$445,000
1543 West 1st, Brooklyn, NY2011$160,000$250,000
Delmar, Queens, NY2007$138,000$255,000
Columbia Heights, Arlington, VA2006$70,000$190,000
Harbor Towers, West New York, NJ2001$60,000$245,000

Your own building, and what it would take.

Whether your own building is a candidate is what the study determines. Ask a Hutton representative for your free feasibility study or a follow-up call.

Or write to info@huttonfirm.com.