Fresh Meadows real estate for sale in Fresh Meadows
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307 E 54th Street (6), East Flatbush, NY 11203

[East Flatbush Real Estate, listing number 2373090]



Description: 2373090
   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/ELECTRICGREAT 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

Details:
   Families: 6
   Bedrooms: 14
   Bathrooms: 6
   Property Type: Other
   Square Feet: 5832
   Rooms: 14
   Lot Size: 28.5x100
   Acres: 0.07
   Built: 1920
   School District: Brooklyn 17

Financials:
   Price: $899,999
   Taxes: $18,850