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6 family building with operating bar on first floor. Bar is 1200 square feet.No rent controlled apartments. Only rent stabilized. Roof is 6 years old. Gas fired steam heat. Gas furnace is 6 years old. There are (3) - 1 bedroom apartments and (3) - 2 bedroom apartments. Annual Income $187,000 Annual Expenses: Taxes $18,630 Gas and Electric $9,033 Insurance $11,531 Water $7,958 Misc Repairs $3,300=$50,542. Cap Rate 6.2%
Details:
Families:
6
Property Type:
House
Acres:
0.06
Built:
1931
Financials:
Price:
$2,100,000
Taxes:
$20,205
Weichert Realtors TMT Group Joseph D. Ferone Cbr Direct: 718-229-5200 Office: 646-512-0704