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What Is a Junior 4 Apartment in NYC?
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What is a Junior 4 apartment in New York City? We will demystify this topic in the following video, I'm Nick at Hauseit. Visit our website https://www.hauseit.com to save money when buying or selling real estate here in New York City. So, let's get started.
So, a Junior 4 apartment is a 1-bedroom apartment with an additional small bedroom office or dining room. Junior 4 can also be used to describe a large 1-bedroom apartment with an alcove space that has the potential to be converted into a separate small nook or sleeping area. While a typical 1-bedroom apartment has 3 rooms, a junior 4 is unofficially considered to have a 4th room. And this is the extra space that can be used as an office, separate dining room or a sleeping area.
Here is an example of a Junior 4 apartment. As you can see, the alcove space behind the kitchen has been walled off and turned into a second sleeping area. Therefore, a Junior 4 apartment is more versatile than a standard 1-bedroom apartment which cannot be easily reconfigured. Junior 4 apartments are typically less expensive than 2-bedroom apartments because they have less wall footage.
A Junior 4 apartment is an excellent choice for a buyer who requires a second sleeping area but who may not have a budget to buy a true larger and more expensive 2-bedroom apartment. If an apartment has 2 bedrooms but is marketed as a Junior 4, it suggests that the dimension of the second bedroom may not meet the guidelines for a legal bedroom in New York City. Now we discuss legal bedroom requirements in another video which you should definitely check out. Finally, the term Junior 4 in New York City real estate can be used to describe both condo and co-op apartments.
So, should I list a Junior 4 as a two or one bedroom apartment? You may be disappointed to hear that there is no correct answer as to whether you should list your Junior 4 as a one or two bedroom apartment. Choosing how to represent your apartment is an important decision which should be thoroughly discussed with both your listing agent and real estate attorney. On the other hand, listing your property as a 2-bedroom when it's really a Junior 4 may mislead buyers who are in the market for a true 2-bedroom. But listing your apartment as a 2-bedroom will make it visible to buyers who are interested in a Junior 4 but who may have never found your listing if it was simply listed just as a 1 bedroom. No matter how you decide to list your apartment, it's critical that you’re honest, factual and thorough in how you describe your property in your listing description.
So, there you have it. We hope you found this video helpful. I'm Nick at Hauseit, visit our website https://www.hauseit.com to learn about ways to save money when buying and selling real estate here in New York City and if you like this video, do us a favor hit like, subscribe and leave us a comment and we hope to see you in the next one!
Save 2% When Buying in NYC: https://www.hauseit.com/hauseit-buyer-closing-credit-nyc/
NYC Buyer Closing Cost Calculator: https://www.hauseit.com/closing-cost-calculator-for-buyer-nyc/
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Hauseit LLC, Licensed Real Estate Broker
Tel: (888) 494-8258 | https://www.hauseit.com
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