Location: Lenox Hill near Bloomingdales
Expenses Annual Income Projected Income
First floor $144,000 $180,000
2nd Floor $73,200 $78,000
3rd Floor $42,000 $60,000
4th Floor $42,000 $60,000
Total $301,200 $378,000
Annual Expenses Annual Expenses
RE Taxes $110,000 $110,000
Hot water & hallway lights $960 $960
Insurance $5,000 $5,000
Super $2,400 $2,400
Total $118,360 $118,360
Net Income $182,840 $259,640
Cap Rate 3.45% 4.90%
Lot dimensions 20 ft x 100.42 ft
Building dimensions 20 ft x 49 ft
Some air rights
1st floor is a store
2nd floor is an office
3rd & 4th floor are 3 beds
Tenants pay utilities
Bldg plumbing & electrical is
renovated
Can be delivered vacant or full
Tenants are month to month
Contact us for a set up.
Book an appointment here: https://calendly.com/book-a-commercial-listing-viewing-with-rsrg
Expenses Annual Income Projected Income
First floor $144,000 $180,000
2nd Floor $73,200 $78,000
3rd Floor $42,000 $60,000
4th Floor $42,000 $60,000
Total $301,200 $378,000
Annual Expenses Annual Expenses
RE Taxes $110,000 $110,000
Hot water & hallway lights $960 $960
Insurance $5,000 $5,000
Super $2,400 $2,400
Total $118,360 $118,360
Net Income $182,840 $259,640
Cap Rate 3.45% 4.90%
Lot dimensions 20 ft x 100.42 ft
Building dimensions 20 ft x 49 ft
Some air rights
1st floor is a store
2nd floor is an office
3rd & 4th floor are 3 beds
Tenants pay utilities
Bldg plumbing & electrical is
renovated
Can be delivered vacant or full
Tenants are month to month
Contact us for a set up.
Book an appointment here: https://calendly.com/book-a-commercial-listing-viewing-with-rsrg
School Code: PS 267
Total Rooms: 2
