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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