greenpoint portfolio - Agorafy
GREENPOINT PORTFOLIO
PORTFOLIO OVERVIEW
Greenpoint, Brooklyn
266 NASSAU AVENUE
PROPERTY FEATURES
UNIT
BEDROOMS / BATHS
STATUS
S.F.*
EXPIRATION
$ / S.F.
MONTHLY RENT
ANNUAL RENT
1R
2BR / 2BA
Free Market
615
N/A
$55
$2,800
$33,600
1L
2BR / 2BA
Free Market
615
10/15/2015
$51
$2,600
$31,200
2R
2BR / 2BA
Free Market
650
8/15/2016
$52
$2,800
$33,600
2L
2BR / 2BA
Free Market
650
5/31/2016
$48
$2,600
$31,200
3R
2BR / 2BA
Free Market
650
5/31/2016
$48
$2,600
$31,200
3L
2BR / 2BA
Free Market
650
8/31/2016
$52
$2,800
$33,600
$51
$16,200
$194,400
TOTAL
3,830
Block / Lot
2690 / 3
Lot Dimensions
25’ x 100’
Lot SF
2,500 (approx.)
Building Dimensions
25’ x 60’
Building SF
4,500 (approx.)
Zoning
R6B
Stories
3
Residential Units
6
Total Buildable SF
5,000 (approx.)
Available Air Rights
500 (approx.)
Assessment (15/16)
$74,086
Taxes (15/16)
$9,544
Tax Class
Protected Class 2A
N
MORGAN AVENUE
REAL ESTATE TAXES (15/16)
$9,544
INSURANCE
$3,994
WATER & SEWER
$5,578
UTILITIES
$5,700
REPAIRS & MAINTENANCE (3%)
$5,832
PROPERTY MANAGEMENT & VACANCY (5%)
$9,720
TOTAL
$40,368
GROSS ANNUAL INCOME
$194,400
DRIGGS AVENUE
EXPENSES
NASSAU AVENUE
* S.F. is estimated using a 15% loss factor
SUTTON STREET
ASKING PRICE LESS EXPENSES
$40,368
NET OPERATING INCOME
$154,032
$3,000,000 CUSHMAN & WAKEFIELD
22
GREENPOINT PORTFOLIO
PORTFOLIO OVERVIEW
Greenpoint, Brooklyn
266 NASSAU AVENUE
CUSHMAN & WAKEFIELD
23
PORTFOLIO OVERVIEW
Greenpoint, Brooklyn
266 NASSAU AVENUE
PROPERTY FEATURES
UNIT
BEDROOMS / BATHS
STATUS
S.F.*
EXPIRATION
$ / S.F.
MONTHLY RENT
ANNUAL RENT
1R
2BR / 2BA
Free Market
615
N/A
$55
$2,800
$33,600
1L
2BR / 2BA
Free Market
615
10/15/2015
$51
$2,600
$31,200
2R
2BR / 2BA
Free Market
650
8/15/2016
$52
$2,800
$33,600
2L
2BR / 2BA
Free Market
650
5/31/2016
$48
$2,600
$31,200
3R
2BR / 2BA
Free Market
650
5/31/2016
$48
$2,600
$31,200
3L
2BR / 2BA
Free Market
650
8/31/2016
$52
$2,800
$33,600
$51
$16,200
$194,400
TOTAL
3,830
Block / Lot
2690 / 3
Lot Dimensions
25’ x 100’
Lot SF
2,500 (approx.)
Building Dimensions
25’ x 60’
Building SF
4,500 (approx.)
Zoning
R6B
Stories
3
Residential Units
6
Total Buildable SF
5,000 (approx.)
Available Air Rights
500 (approx.)
Assessment (15/16)
$74,086
Taxes (15/16)
$9,544
Tax Class
Protected Class 2A
N
MORGAN AVENUE
REAL ESTATE TAXES (15/16)
$9,544
INSURANCE
$3,994
WATER & SEWER
$5,578
UTILITIES
$5,700
REPAIRS & MAINTENANCE (3%)
$5,832
PROPERTY MANAGEMENT & VACANCY (5%)
$9,720
TOTAL
$40,368
GROSS ANNUAL INCOME
$194,400
DRIGGS AVENUE
EXPENSES
NASSAU AVENUE
* S.F. is estimated using a 15% loss factor
SUTTON STREET
ASKING PRICE LESS EXPENSES
$40,368
NET OPERATING INCOME
$154,032
$3,000,000 CUSHMAN & WAKEFIELD
22
GREENPOINT PORTFOLIO
PORTFOLIO OVERVIEW
Greenpoint, Brooklyn
266 NASSAU AVENUE
CUSHMAN & WAKEFIELD
23
