North east corner of 40th Avenue and 9th Streets
| Unit | Description | Unit Type | Revenue | LXP |
| Ground Floor: | | Grocery Store | Commercial | $3,500.00 | 1/30/21 |
| Second Floor: | 1R 2F 2R | 2 Bedroom Apt 2 Bedroom Apt 2 Bedroom Apt | Rent Stabilized Rent Stabilized Rent Stabilized | $1,900.00 $1,700.00 $1,600.00 | |
| Third Floor: | 3F | 2 Bedroom Apt | Rent Stabilized | $1,700.00 | |
| 3R | 2 Bedroom Apt | Rent Stabilized | $1,600.00 | |
| | | | | |
| Fourth Floor: | 4F | 2 Bedroom Apt | Rent Stabilized | $1,600.00 | |
| 4R | 2 Bedroom Apt | Rent Stabilized | $1,800.00 | |
| Monthly Income | | | | $15,400.00 | |
| | | | | |
Annual Income:$184,800.00
Expenses:
Real Estate Taxes: $13,260.00 Water & Sewer: $7,000.00
Heat (Oil):$10,000.00
Insurance: $4,000.00
Super: $2,500.00
Electric: (common areas) $1,400.00
Repairs & Maintenance: $3,000.00
Total Annual Expenses $41,160.00
Net Operating Income:$143,640
East side of 9th Street between 40th and 38th avenue
| Unit | Description | Unit Type | Revenue | LXP |
| Ground Floor: | | Construction Company | Commercial | $1,500.00 | |
| Second Floor: | Apt 1 | 1 Bedroom Apt | Free Market | $1,500.00 | |
| Third Floor: | Apt 2 | 1 Bedroom Apt | Free Market | $1,500.00 | |
| Fourth Floor: | Apt 3 | 1 Bedroom Apt | Free Market | $1,500.00 | |
| Monthly Income: | | | | $6,000.00 | |
| | | | | |
| | | | | |
Annual Projected Income:$72,000.00
Expenses:
Real Estate Taxes: $7,225.00
Electric: (common areas) $800.00
Heat (Gas):$5,000.00
Insurance: $2,000.00
Water & Sewer: $3,500.00
Repairs & Maintenance: $1,500.00
Total Annual Expenses: $20,025.00
Net Operating Income: $51,975 for East side of 9th Street between 40th and 38th avenue
N/E Corner of 40th Avenue and 9th st- Gross Annual Income: $184,800
E/S of 9th Street bwt 40th and 38th- Gross Annual Income: $72,000
Total Gross Annual Income: $256,800
N/E Corner of 40th Avenue and 9th st- Annual Expense: $41,160
E/S of 9th Street bwt 40th and 38th- Annual Expense: $20,025
Total Annual Expense: $61,1815
Net Operating Income: $195,615 Cap Rate 4.3%
Asking 4,000,000
Buyer pays 2% Commission
For Further infomation and Pictures Call me or my Patner
Stephanie 929-379-6954
Lamont 347-964-2397
