Tel: (212) 430-5114
[email protected] Tel: 7184754369
[email protected] TOTAL UNITS
TOTAL SQUARE FEET
Tel: (718) 475-4358
[email protected] Tel: (516) 662-5142
[email protected] Tel: (212) 430-5168
[email protected] PRICE /SF
PROJECTED TAXES
CAP RATE
GRM
FRONTAGE
TOTAL AIR RIGHTS
OFFERING PRICE
$/SF
$4,150,000
$1,107
$/UNIT
$691,667
TOTAL SF
3,750
TOTAL UNITS
6
100%
RATIO OF FAIR MARKET UNITS
CURRENT METRICS
3%
PROPERTY TAXES RATIO
GRM
$3,398
PRO FORMA AVERAGE MONTHLY RENT
CAP RATE
EXPENSE RATIO
13%
CAP RATE
5.0% 17.0
INCOME Gross Potential Residential Rent
CURRENT $244,680
PRO FORMA $244,680
Gross Potential Commercial Rent
$0
$0
Gross Income Vacancy/Collection Loss
$244,680 ($7,340)
$244,680 ($7,340)
Other Income
$0
$0
Effective Gross Income
$237,340
$237,340
Average Residential Rent/Month/Unit
$3,398
$3,398
Property Taxes Tax Class: 2A Fuel - Gas Insurance Water and Sewer Repairs and Maintenance Common Electric (PPSF) Super Salary Management Fee
$7,355 $0 $2,550 $5,400 $3,000 $563 $2,400 $9,494
$7,355 $0 $2,550 $5,400 $3,000 $563 $2,400 $9,494
Total Expenses
$30,761
$30,761
Net Operating Income
$206,579
$206,579
LEASE STATUS ANALYSIS UNIT BREAKDOWN % OF TOTAL Total Units -Total RS Units 0% Total RC Units 0% Total FM Units 100% Total Commercial --
TOTAL 6 0 0 6 0
AVG. RENT $3,398 $0 $0 $3,398 $0
UNIT TYPE ANALYSIS TYPE Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom 5 Bedroom 6 Bedroom
% OF TOTAL 0% 0% 83% 17% 0% 0% 0%
TOTAL 0 0 5 1 0 0 0
AVG. RENT $0 $0 $3,258 $4,100 $0 $0 $0
SRO
0%
0
$0
PRO FORMA METRICS
5.0%
GRM #NUM!
17.0 #NUM!
UPSIDE ANALYSIS $4,500 $4,000 $3,500 $3,000 $2,500 $2,000 $1,500 $1,000 $500 $0
Current Avg RS Units Market Rents Current Avg FM Rents
$1,107 $/SF
3,750
EXPENSES
GROSS TOTAL SF
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: 7184754369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Financing Inquiries:
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
Andrew Dansker Tel: (212) 430-5168
RESIDENTIAL RENT UNIT LEASE STATUS 1L FM 1R FM 2L FM 2R FM 3L FM 3R FM MONTHLY RESIDENTIAL REVENUE
NOTES Backyard Access Backyard Access 2 Bath 2 Bath 2 Bath
BEDROOMS
ROOMS
EXPIRATION
ACTUAL
PRO FORMA
2 Bedroom 3 Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 13
4 5 4 5 5 5 28
Oct-17 Sep-17 Oct-17 Sep-17 Sep-17 Sep-17
$3,200 $4,100 $3,200 $3,200 $3,390 $3,300 $20,390
$3,200 $4,100 $3,200 $3,200 $3,390 $3,300 $20,390
$244,680
$244,680
ACTUAL $244,680
PRO FORMA $244,680
ANNUAL RESIDENTIAL REVENUE
TOTAL ANNUAL REVENUE There are currently 0 vacant units in the building. The super lives off site.
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: 7184754369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Financing Inquiries:
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
Andrew Dansker Tel: (212) 430-5168
CITY:
Brooklyni
STATE:
NYi
BLOCK & LOT:
2738 / 27i
LOT DIMENSIONS:
25.71 ft x 75 fti
LOT SF:
1,925i
BUILDING DIMENSIONS:
25 ft x 50 fti
BUILDING SF:
3,750i
ZONING:
R6Bi
MAX FAR:
2.00i
ANNUAL TAX BILL:
__$7,355i
TAX CLASS:
Peter Von Der Ahe Tel: (212) 430-5114
2Ai
Shaun Riney Tel: 7184754369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: 7184754369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: 7184754369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: 7184754369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: 7184754369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: 7184754369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: 7184754369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: 7184754369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: 7184754369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: 7184754369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: 7184754369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: 7184754369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: 7184754369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: 7184754369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: 7184754369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: 7184754369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney
Tel: 7184754369
Michael Salvatico Tel: (718) 475-4358
Matthew Steinberg Tel: (516) 662-5142
Financing Andrew Dansker Inquiries: Tel: (212) 430-5168