total units price /sf proforma cap rate frontage total square feet ...
Tel: (212) 430-5114 [email protected] Tel: (718) 475-4369 [email protected] Tel: (718) 475-4358 [email protected] Tel: (516) 662-5142 [email protected]
TOTAL UNITS
PRICE /SF
PROFORMA CAP RATE
TOTAL SQUARE FEET
PROJECTED TAXES
PROFORMA GRM
Tel: (212) 430-5168 [email protected]
FRONTAGE
TOTAL AIR RIGHTS
OFFE RING PRICE
$/S F
$3,800,000
$452
$/UNIT
$316,667
TOTAL S F
8,400
TOTAL UNITS
17%
RATIO OF FAIR MARKET UNITS
21%
PROPERTY TAXES RATIO
$1,452
PRO FORMA AV ERAGE MONTHLY RENT
EXPENSE RATIO
58%
12
INCOME Gross Potential Residential Rent
CURRE NT $114,440
PRO FORMA $209,096
Gross Income
$114,440
$209,096
Vacancy/Collection Loss E ffective Gross Income A verage R es idential R ent/Month/Unit
($3,433) $111,007 $795
($6,273) $202,823 $1,452
EXPENS ES Property Taxes Fuel - Gas
$23,207 $12,810
$23,207 $12,810
Insurance
$5,100
$5,100
Water and S ewer Repairs and Maintenance Common E lectric (PPS F) S uper S alary Management Fee Total E xpenses Net Operating Income
$10,800 $6,000 $1,260 $1,200 $4,440 $64,817 $46,190
$10,800 $6,000 $1,260 $1,200 $8,113 $68,490 $134,333
LEAS E S TATUS ANALYS IS UNIT BREAKDOWN % OF TOTAL
TOTAL
AVG. RENT
Total Units Total RS Units Total RC Units Total FM Units Total Commercial
-100% 0% 17% --
12 12 0 0 0
$795 $795 $0 $0 $0
UNIT TYPE ANALYS IS TYPE S tudio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom 5 Bedroom 6 Bedroom S RO
% OF TOTAL 0% 0% 100% 0% 0% 0% 0% 0%
TOTAL 0 0 12 0 0 0 0 0
AVG. RENT $0 $0 $795 $0 $0 $0 $0 $0
CURRENT METRICS
CAP RATE
1.2%
GRM
34.2
PRO FORMA METRICS
CAP RATE
3.5%
GRM CAS H ON CAS H
18.7 #NUM!
UPSIDE ANALY SIS $900 $800 $700 $600 $500 $400 $300 $200 $100 $0
Current Avg RS Units Market Rents Current Avg FM Rents
$452 $/S F
8,400
GROS S TOTAL S F
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Andrew Dansker Financing Inquiries: Tel: (212) 430-5168
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2016 Marcus & Millichap
RE S IDE NTIAL RE NT UNIT# LEAS E S TATUS 210 1L RS 210 1R RS 210 2L RS 210 2R RS 210 3L RS 210 3R RS 212 1L RS 212 1R RS 212 2L RS 212 2R RS 212 3L RS 212 3R RS MONTHLY RES IDENTIAL REVENUE
NOTES
Preferential Rent Vacant Month to Month |No Lease S crie Preferential Rent
Vacant
BEDROOMS 2 Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 24
ANNUAL RES IDENTIAL REVENUE
TOTAL ANNUAL REVENUE There are currently 2 vacant units in the building. The super lives off site.
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
ROOMS 4 4 4 4 4 4 4 4 4 4 4 4 48
SF 605 605 605 605 605 605 584 584 584 584 584 584 7,134
ACTUAL $738 $852 $906 $1,155 $0 $788 $835 $853 $666 $1,938 $807 $0 $9,537
PRO FORMA $738 $852 $906 $1,271 $2,900 $788 $2,800 $853 $773 $1,938 $807 $2,800 $17,425
$114,440
$209,096
ACTUAL $114,440
PRO FORMA $209,096
$/PS F $15 $17 $18 $25 $58 $16 $58 $18 $16 $40 $17 $58
Andrew Dansker Financing Inquiries: Tel: (212) 430-5168
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2016 Marcus & Millichap
210 Green Street
212 Green Street
Brooklyn
Brooklyn
NY
NY
Block & Lot
2523-27
2523-28
Lot Dimensions
25 x 100
25 x 100
2,500
2,500
25 x 57
25 x 55
4,275
4,125
Zoning
R6B
R6A
Max FAR
2.00
3.00
Available Air Rights
725
3,375
Landmark
None
None
Historic District
None
None
space$7,977
space$7,615
2A
2A
City State
Lot SF Building Dimensions Building SF
Annual Tax Bill Tax Class Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Andrew Dansker Financing Inquiries: Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Andrew Dansker Financing Inquiries: Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney
Tel: (718) 475-4369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Financing Andrew Dansker Inquiries: Tel: (212) 430-5168
TOTAL UNITS
PRICE /SF
PROFORMA CAP RATE
TOTAL SQUARE FEET
PROJECTED TAXES
PROFORMA GRM
Tel: (212) 430-5168 [email protected]
FRONTAGE
TOTAL AIR RIGHTS
OFFE RING PRICE
$/S F
$3,800,000
$452
$/UNIT
$316,667
TOTAL S F
8,400
TOTAL UNITS
17%
RATIO OF FAIR MARKET UNITS
21%
PROPERTY TAXES RATIO
$1,452
PRO FORMA AV ERAGE MONTHLY RENT
EXPENSE RATIO
58%
12
INCOME Gross Potential Residential Rent
CURRE NT $114,440
PRO FORMA $209,096
Gross Income
$114,440
$209,096
Vacancy/Collection Loss E ffective Gross Income A verage R es idential R ent/Month/Unit
($3,433) $111,007 $795
($6,273) $202,823 $1,452
EXPENS ES Property Taxes Fuel - Gas
$23,207 $12,810
$23,207 $12,810
Insurance
$5,100
$5,100
Water and S ewer Repairs and Maintenance Common E lectric (PPS F) S uper S alary Management Fee Total E xpenses Net Operating Income
$10,800 $6,000 $1,260 $1,200 $4,440 $64,817 $46,190
$10,800 $6,000 $1,260 $1,200 $8,113 $68,490 $134,333
LEAS E S TATUS ANALYS IS UNIT BREAKDOWN % OF TOTAL
TOTAL
AVG. RENT
Total Units Total RS Units Total RC Units Total FM Units Total Commercial
-100% 0% 17% --
12 12 0 0 0
$795 $795 $0 $0 $0
UNIT TYPE ANALYS IS TYPE S tudio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom 5 Bedroom 6 Bedroom S RO
% OF TOTAL 0% 0% 100% 0% 0% 0% 0% 0%
TOTAL 0 0 12 0 0 0 0 0
AVG. RENT $0 $0 $795 $0 $0 $0 $0 $0
CURRENT METRICS
CAP RATE
1.2%
GRM
34.2
PRO FORMA METRICS
CAP RATE
3.5%
GRM CAS H ON CAS H
18.7 #NUM!
UPSIDE ANALY SIS $900 $800 $700 $600 $500 $400 $300 $200 $100 $0
Current Avg RS Units Market Rents Current Avg FM Rents
$452 $/S F
8,400
GROS S TOTAL S F
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Andrew Dansker Financing Inquiries: Tel: (212) 430-5168
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2016 Marcus & Millichap
RE S IDE NTIAL RE NT UNIT# LEAS E S TATUS 210 1L RS 210 1R RS 210 2L RS 210 2R RS 210 3L RS 210 3R RS 212 1L RS 212 1R RS 212 2L RS 212 2R RS 212 3L RS 212 3R RS MONTHLY RES IDENTIAL REVENUE
NOTES
Preferential Rent Vacant Month to Month |No Lease S crie Preferential Rent
Vacant
BEDROOMS 2 Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 24
ANNUAL RES IDENTIAL REVENUE
TOTAL ANNUAL REVENUE There are currently 2 vacant units in the building. The super lives off site.
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
ROOMS 4 4 4 4 4 4 4 4 4 4 4 4 48
SF 605 605 605 605 605 605 584 584 584 584 584 584 7,134
ACTUAL $738 $852 $906 $1,155 $0 $788 $835 $853 $666 $1,938 $807 $0 $9,537
PRO FORMA $738 $852 $906 $1,271 $2,900 $788 $2,800 $853 $773 $1,938 $807 $2,800 $17,425
$114,440
$209,096
ACTUAL $114,440
PRO FORMA $209,096
$/PS F $15 $17 $18 $25 $58 $16 $58 $18 $16 $40 $17 $58
Andrew Dansker Financing Inquiries: Tel: (212) 430-5168
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2016 Marcus & Millichap
210 Green Street
212 Green Street
Brooklyn
Brooklyn
NY
NY
Block & Lot
2523-27
2523-28
Lot Dimensions
25 x 100
25 x 100
2,500
2,500
25 x 57
25 x 55
4,275
4,125
Zoning
R6B
R6A
Max FAR
2.00
3.00
Available Air Rights
725
3,375
Landmark
None
None
Historic District
None
None
space$7,977
space$7,615
2A
2A
City State
Lot SF Building Dimensions Building SF
Annual Tax Bill Tax Class Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Andrew Dansker Financing Inquiries: Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Andrew Dansker Financing Inquiries: Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney
Tel: (718) 475-4369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Financing Andrew Dansker Inquiries: Tel: (212) 430-5168
