GREENPOINT PORTFOLIO
PORTFOLIO OVERVIEW
Greenpoint, Brooklyn
102 EAGLE STREET
PROPERTY FEATURES
BEDROOMS / BATHS
STATUS
S.F.*
EXPIRATION
$ / S.F.
MONTHLY RENT
ANNUAL RENT
1R
2BR / 1BA
Free Market
615
8/31/2016
$52
$2,650
$31,800
1L
3BR / 1BA
Free Market
615
5/31/2016
$62
$3,200
$38,400
2R
2BR / 2BA
Free Market
650
5/31/2016
$52
$2,800
$33,600
2L
2BR / 2BA
Free Market
650
3/31/2016
$52
$2,800
$33,600
3R
2BR / 2BA
Free Market
650
8/31/2016
$51
$2,750
$33,000
3L
2BR / 2BA
Free Market
650
1/31/2016
$51
$2,750
$33,000
$53
$16,950
$203,400
TOTAL
3,830
EXPENSES REAL ESTATE TAXES (15/16)
$8,055
INSURANCE
$4,500
WATER & SEWER
$5,578
UTILITIES
$6,700
REPAIRS & MAINTENANCE (3%)
$6,102
PROPERTY MANAGEMENT & VACANCY (5%)
$10,170
TOTAL
$41,105
GROSS ANNUAL INCOME
$203,400
Lot Dimensions
30’ x 100’
Lot SF
3,000 (approx.)
Building Dimensions
30’ x 50’
Building SF
4,500 (approx.)
Zoning
R6B
Stories
3
Residential Units
6
Total Buildable SF
6,000 (approx.)
Available Air Rights
1,500 (approx.)
Assessment (15/16)
$62,522
Taxes (15/16)
$8,055
Tax Class
Protected Class 2A
N
EAGLE STREET
MANHATTAN AVENUE
* S.F. is estimated using a 15% loss factor
2504 / 22
FRANKLIN STREET
UNIT
Block / Lot
FREEMAN STREET
ASKING PRICE LESS EXPENSES
$41,105
NET OPERATING INCOME
$162,295
$4,800,000 CUSHMAN & WAKEFIELD
12
GREENPOINT PORTFOLIO
PORTFOLIO OVERVIEW
Greenpoint, Brooklyn
102 EAGLE STREET
CUSHMAN & WAKEFIELD
13