sf proforma cap rate frontage total square feet
Tel: (212) 430-5114 [email protected] Tel: (718) 475-4369 [email protected]
TOTAL UNITS
T O T A L S Q U AR E F E E T
Tel: (718) 475-4358 [email protected]
PRICE /SF
P R O J E C T E D T AX E S
Tel: (516) 662-5142 [email protected]
Tel: (212) 430-5168 [email protected]
P R O F O R M A C AP R A T E
F R O N T AG E
PROFORMA GRM
U N U S E D AI R R I G H T S
OFFERING PRICE
$/SF
$5,300,000
$1,039
$/UNIT
$1,766,667
TOTAL SF
5,100
TOTAL UNITS
3
INCOME Gross Potential Residential Rent
CURRENT $72,000
PRO FORMA $111,600
Gross Potential Commercial Rent
$0
$180,000
Gross Income Vacancy/Collection Loss
$72,000 ($2,160)
$291,600 ($3,348)
RATIO OF FAIR MARKET UNITS
CURRENT METRICS
Other Income
$0
$0
CAP RATE
Effective Gross Income
$69,840
$288,252
8%
PROPERTY TAXES RATIO
GRM
Average Residential Rent/Month/Unit
$2,000
$3,100
$3,100
PRO FORMA AVERAGE MONTHLY RENT
CAP RATE
Property Taxes Fuel - Gas Insurance Water and Sewer Repairs and Maintenance Common Electric (PPSF) Super Salary Management Fee
$5,319 $0 $3,500 $2,200 $1,500 $765 $1,800 $2,794
$5,319 $0 $3,500 $2,200 $1,500 $765 $1,800 $11,530
Total Expenses
$17,878
$26,614
Net Operating Income
$51,962
$261,638
LEASE STATUS ANALYSIS UNIT BREAKDOWN % OF TOTAL Total Units 100% Total RS Units 0% Total RC Units 0% Total FM Units 67% Total Commercial 33%
TOTAL 3 0 0 2 1
AVG. RENT $2,000 $0 $0 $3,000 $0
UNIT TYPE ANALYSIS TYPE Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom 5 Bedroom 6 Bedroom
% OF TOTAL 0% 0% 100% 0% 0% 0% 0%
TOTAL 0 0 2 0 0 0 0
AVG. RENT $0 $0 $3,000 $0 $0 $0 $0
SRO
0%
0
$0
67%
EXPENSE RATIO
1.0% 75.9
PRO FORMA METRICS
4.9%
GRM CASH ON CASH
18.4 #NUM!
UPSIDE ANALYSIS $3,500 $3,000
$2,500 $2,000
26%
$1,500 $1,000
EXPENSES
$500 $0
Current Avg RS Units Market Rents Current Avg FM Rents
$1,039 $/SF
5,100 GROSS TOTAL SF
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
COMMERCIAL RENT UNIT TENANT NAME Retail Grocery MONTHLY COMMERCIAL REVENUE
RESIDENTIAL RENT UNIT# LEASE STATUS 2nd Floor FM 3rd Floor FM MONTHLY RESIDENTIAL REVENUE
NOTES Vacant
NOTES Convertible 3/4 BR w/ Roof Deck Convertible 3/4 BR
SF 2,125 2,125
EXPIRATION n/a
ACTUAL $0 $0
PRO FORMA $15,000 $15,000
$/PSF $85
BEDROOMS 2 Bedroom
SF 1,105
EXPIRATION MTM
ACTUAL
PRO FORMA
$/PSF
2 Bedroom 4
1,105 2,210
MTM
$2,500 $3,500 $6,000
$4,650 $4,650 $9,300
$50 $50
$72,000 $0
$111,600 $180,000
ACTUAL $72,000
PRO FORMA $291,600
ANNUAL RESIDENTIAL REVENUE ANNUAL COMMERCIAL REVENUE
TOTAL ANNUAL REVENUE There are currently 0 vacant units in the building. The super lives off site.
*Approximately 2,400 SF of Additional Air Rights Available
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
CITY:
Brooklyni
STATE:
NYi
BLOCK & LOT:
2559 / 7i
LOT DIMENSIONS:
25 x 100i
LOT SF:
2,500i
BUILDING DIMENSIONS:
25 x 52i
BUILDING SF:
5,100i
ZONING:
C4-3Ai
MAX FAR:
3.40i
UNUSED AIR RIGHTS:
2,400i
LANDMARK DISTRICT:
Nonei
HISTORIC DISTRICT:
Nonei
ANNUAL TAX BILL:
__$5,319i
TAX CLASS:
Peter Von Der Ahe Tel: (212) 430-5114
1
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
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
T O T A L S Q U AR E F E E T
Tel: (718) 475-4358 [email protected]
PRICE /SF
P R O J E C T E D T AX E S
Tel: (516) 662-5142 [email protected]
Tel: (212) 430-5168 [email protected]
P R O F O R M A C AP R A T E
F R O N T AG E
PROFORMA GRM
U N U S E D AI R R I G H T S
OFFERING PRICE
$/SF
$5,300,000
$1,039
$/UNIT
$1,766,667
TOTAL SF
5,100
TOTAL UNITS
3
INCOME Gross Potential Residential Rent
CURRENT $72,000
PRO FORMA $111,600
Gross Potential Commercial Rent
$0
$180,000
Gross Income Vacancy/Collection Loss
$72,000 ($2,160)
$291,600 ($3,348)
RATIO OF FAIR MARKET UNITS
CURRENT METRICS
Other Income
$0
$0
CAP RATE
Effective Gross Income
$69,840
$288,252
8%
PROPERTY TAXES RATIO
GRM
Average Residential Rent/Month/Unit
$2,000
$3,100
$3,100
PRO FORMA AVERAGE MONTHLY RENT
CAP RATE
Property Taxes Fuel - Gas Insurance Water and Sewer Repairs and Maintenance Common Electric (PPSF) Super Salary Management Fee
$5,319 $0 $3,500 $2,200 $1,500 $765 $1,800 $2,794
$5,319 $0 $3,500 $2,200 $1,500 $765 $1,800 $11,530
Total Expenses
$17,878
$26,614
Net Operating Income
$51,962
$261,638
LEASE STATUS ANALYSIS UNIT BREAKDOWN % OF TOTAL Total Units 100% Total RS Units 0% Total RC Units 0% Total FM Units 67% Total Commercial 33%
TOTAL 3 0 0 2 1
AVG. RENT $2,000 $0 $0 $3,000 $0
UNIT TYPE ANALYSIS TYPE Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom 5 Bedroom 6 Bedroom
% OF TOTAL 0% 0% 100% 0% 0% 0% 0%
TOTAL 0 0 2 0 0 0 0
AVG. RENT $0 $0 $3,000 $0 $0 $0 $0
SRO
0%
0
$0
67%
EXPENSE RATIO
1.0% 75.9
PRO FORMA METRICS
4.9%
GRM CASH ON CASH
18.4 #NUM!
UPSIDE ANALYSIS $3,500 $3,000
$2,500 $2,000
26%
$1,500 $1,000
EXPENSES
$500 $0
Current Avg RS Units Market Rents Current Avg FM Rents
$1,039 $/SF
5,100 GROSS TOTAL SF
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
COMMERCIAL RENT UNIT TENANT NAME Retail Grocery MONTHLY COMMERCIAL REVENUE
RESIDENTIAL RENT UNIT# LEASE STATUS 2nd Floor FM 3rd Floor FM MONTHLY RESIDENTIAL REVENUE
NOTES Vacant
NOTES Convertible 3/4 BR w/ Roof Deck Convertible 3/4 BR
SF 2,125 2,125
EXPIRATION n/a
ACTUAL $0 $0
PRO FORMA $15,000 $15,000
$/PSF $85
BEDROOMS 2 Bedroom
SF 1,105
EXPIRATION MTM
ACTUAL
PRO FORMA
$/PSF
2 Bedroom 4
1,105 2,210
MTM
$2,500 $3,500 $6,000
$4,650 $4,650 $9,300
$50 $50
$72,000 $0
$111,600 $180,000
ACTUAL $72,000
PRO FORMA $291,600
ANNUAL RESIDENTIAL REVENUE ANNUAL COMMERCIAL REVENUE
TOTAL ANNUAL REVENUE There are currently 0 vacant units in the building. The super lives off site.
*Approximately 2,400 SF of Additional Air Rights Available
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
CITY:
Brooklyni
STATE:
NYi
BLOCK & LOT:
2559 / 7i
LOT DIMENSIONS:
25 x 100i
LOT SF:
2,500i
BUILDING DIMENSIONS:
25 x 52i
BUILDING SF:
5,100i
ZONING:
C4-3Ai
MAX FAR:
3.40i
UNUSED AIR RIGHTS:
2,400i
LANDMARK DISTRICT:
Nonei
HISTORIC DISTRICT:
Nonei
ANNUAL TAX BILL:
__$5,319i
TAX CLASS:
Peter Von Der Ahe Tel: (212) 430-5114
1
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
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
