GREAT INVESTMENT OPPORTUNITY RENT STABILIZED EAST FLATBUSH BRICK FACADE 6 FAMILY 1.
| Website: | https://www.nestseekers.com/3494990 |
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| Address: | 307 54th Street Apt: 6 East Flatbush, NY 11203 |
| Cross street: | Kings Highway |
| Ownership: | For Sale |
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| Rooms: | 14 |
| Bedrooms: | 14 BR |
| Bathrooms: | 6 |
| Pets: | Pets No |
| Area: | 5832 sq ft |
| Lot Size: | 2850 sq ft |
Financials
| Price: | $899,999 |
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| Annual Taxes: | $18,850 |
Description
GREAT INVESTMENT OPPORTUNITY - RENT STABILIZED-EAST FLATBUSH - BRICK FACADE - 6 FAMILY 1. Income: The total monthly rental income is $8,225. Annually, this amounts to $98,700. 2. Expenses: ? Taxes: $20,000 ? Insurance: $4,200 ? Water: $5,200 ? Electric: $900 ? Gas heat: $6,000 Total expenses amount to $36,300 annually. 3. Net Operating Income (NOI): ? Gross income: $98,700 ? Expenses: $36,300 NOI = Gross Income - Expenses = $98,700 - $36,300 = $62,400 RENTROLL FOR ALL UNITS CURRENT AS OF 4/1/24 UNIT F1-LEASE 6/30/20 $1,956.00 F210/31/24$876.69 F39/30/24$2,251.59 F47/31/25$1,013.45 F511/30/24$1,149.37 F67/31/25$1,087.97 CALL STEVE FOR MORE INFO ! -HEAT AND HOT WATER IS INCLUDED WITH ALL TENANCY . -TENANTS RESPONSIBILITY GAS/ELECTRIC
Amenities
- Eat-in Kitchen
- Fire Splinkler System
- Living Room/Dining Room Combo
Contact
1107 Bedford Avenue Phone: +1(646) 443–3788 Fax: +1212-252-9347 | |
| Courtesy of Exit Realty First Choice | |