536 9th St_Cover_initials_LQ - Agorafy

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Park Slope, Brooklyn Apartment building

EXCLUSIVE LISTING

536 9th Street Brooklyn, NY 11215

Epic Commercial Realty 580 Broadway, Suite 1107 New York, NY 10012 Tel: (212) 226-9000 Mark Akilov [email protected] (646) 278-4636

Yuriy Ustoyev [email protected] (646) 278-4620

Investment Summary ADDRESS:

536 9TH STREET, BROOKLYN, NY, 11215 BETWEEN 8TH AVENUE AND PROSPECT PARK WEST

DESCRIPTION:

A THREE-STORY, WALK-UP APARTMENT BUILDING CONSISTING OF EIGHT UNITS.

LOT SIZE:

20’ X 80’

LOT AREA: 1,600 SF

BUILT SIZE:

20’ X 45’

BUILT AREA: 3,600 SF

BUILDABLE SF:

3,200 SF

ZONING:

R6B

TOTAL ASSESSMENT: $169,591 LAYOUT:

INCOME:

8/2 TOTAL APTS: 8 8 APT(S) ACT.

ESTIMATED EXPENSES:

TAXES (15/16) WATER & SEWER INSURANCE FUEL UTILITIES REPAIRS & MAINT. NET OPERATING INCOME:

F.A.R: 2.0 BLOCK/LOT: 1093/13 TOTAL ROOMS: 16 $

131,070

$ $ $ $ $ $

21,801 2,300 2,600 4,500 900 5,400

$131,070

$37,501 $93,569

PRICE:

$3,000,000

ALL CASH

REMARKS:

ALL APARTMENTS ARE STUDIOS. APARTMENT BR HAS BACKYARD ACCESS AND APARTMENT BF HAS A SEPARATE ENTRANCE. THE PROPERTY IS LOCATED ONE BLOCK FROM PROSPECT PARK AND THE 7TH AVE F,G TRAIN STATION.

PROPERTY OVERVIEW

PRICE PER UNIT: $375,000 AVERAGE RENT PER APT: $1,368; AVERAGE RENT PER ROOM: $684

Epic Commercial Realty Tel: 212.226.9000 Fax: 212.226.1972 580 Broadway, Suite 1107, New York, NY 10012 www.epic-cr.com Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied.

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Investment Summary 536 9TH STREET RENT ROLL: APT BR BF 1R 1F 2R* 2F 3R 3F TOTAL

ROOMS 2 2 2 2 2 2 2 2 16

STATUS RS RS RS RS RS RS RS RS

LXP 4/30/2017 3/31/2016 10/31/2015 5/31/2016 3/31/2016 1/31/2016 9/30/2015 12/13/2016

LEGEL RENT $ 2,529 $ 1,364 $ 883 $ 1,568 $ 1,662 $ 1,149 $ 2,266 $ 917 $ 12,336

RENT/MO $ 1,825 $ 1,364 $ 883 $ 1,456 $ 1,581 $ 1,148 $ 1,750 $ 917 $ 10,923

RENT/YR $ 21,900 $ 16,362 $ 10,590 $ 17,472 $ 18,972 $ 13,776 $ 21,000 $ 10,998 $ 131,070

Epic Commercial Realty Tel: 212.226.9000 Fax: 212.226.1972 580 Broadway, Suite 1107, New York, NY 10012 www.epic-cr.com Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied.

ADDITIONAL INFORMATION

* THIS IS A SCRIE TENANT. CURRENTLY, $81/MO IS DISCOUNTED FROM RE TAXES. THE NEXT TWO YEARS IT WILL BE $127/MO DISCOUNTED .

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