Charles NoonanPresident, Landbank University · Real Estate Developer & Instructor

NYC STYLE BROWNSTONES ARE COMING TO BIRMINGHAM 😳#birmingham #realestate #brownstone #entrepreneur

13 Nov 2024 · 0 min

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0:27

Short video excerpt (speaker commentary) describing a developer building New York City–style brownstones in Birmingham, Alabama. Four units are being sold now at about $1.4 million each; the speaker speculates about future value (e.g., $2.5M in 10 years). The clip frames this as transplanting an NYC housing model to Birmingham and discusses potential investment appreciation.

Questions this video answers

Four

About $1.4 million each (speaker also references $1.5 million in nearby phrasing).

We got a developer who's actually building New York City style brownstones in Birmingham, Alabama. There's four of them being sold right now for $1.4 million. So they basically taking the New York City model and applying it to Birmingham, Alabama. What do you think these are going to be worth in 10 years? If they cost 1.4, $1.5 million today, 10 years from now, who knows? They may be two and a half million dollars. Wow.