Tel: (212) 430-5114
[email protected] Tel: (718) 475-4369
[email protected] TOTAL UNIT S
TOTAL SQUAR E FEET
Tel: (718) 475-4376
[email protected] Tel: (718) 475-4363
[email protected] Tel: (212) 430-5168
[email protected] PRICE /SF
PROJ E CTE D T AX ES
CAP RATE
GRM
FRONT AG E
OFFERING PRICE
$/SF
$2,000,000
$260
$/UNIT
$250,000
TOTAL SF
7,680
TOTAL UNITS
8
38%
RATIO OF FAIR MARKET UNITS
CURRENT METRICS
5%
PROPERTY TAXES RATIO
GRM
$1,864
PRO FORMA AVERAGE MONTHLY RENT
CAP RATE
EXPENSE RATIO
UPSIDE ANALYSIS
CAP RATE
5.7% 12.5
CURRENT $159,720
PRO FORMA $178,920
Gross Potential Commercial Rent
$0
$0
Gross Income Vacancy/Collection Loss
$159,720 ($4,792)
$178,920 ($5,368)
Other Income
$0
$0
Effective Gross Income
$154,928
$173,552
Average Residential Rent/Month/Unit
$1,664
$1,864
Property Taxes Tax Class: 2B Fuel Insurance Water and Sewer Repairs and Maintenance Common Electric (PPSF) Super Salary Management Fee
$7,150 $9,216 $3,400 $7,200 $4,000 $1,152 $2,400 $6,197
$7,150 $9,216 $3,400 $7,200 $4,000 $1,152 $2,400 $6,942
Total Expenses
$40,715
$41,460
Net Operating Income
$114,213
$132,092
LEASE STATUS ANALYSIS UNIT BREAKDOWN % OF TOTAL Total Units -Total RS Units 63% Total RC Units 0% Total FM Units 38% Total Commercial --
TOTAL 8 5 0 3 0
AVG. RENT $1,664 $1,722 $0 $1,567 $0
UNIT TYPE ANALYSIS TYPE Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom 5 Bedroom 6 Bedroom
% OF TOTAL 0% 0% 0% 100% 0% 0% 0%
TOTAL 0 0 0 8 0 0 0
AVG. RENT $0 $0 $0 $1,664 $0 $0 $0
SRO
0%
0
$0
PRO FORMA METRICS
6.6%
GRM #NUM!
11.2 #NUM!
$2,500 $2,000 $1,500
26%
INCOME Gross Potential Residential Rent
$1,000
EXPENSES
$500
$0
Current Avg RS Units Market Rents Current Avg FM Rents
$260 $/SF
7,680 GROSS TOTAL SF
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Mark Zarrella Tel: (718) 475-4376
Dylan Boesch Tel: (718) 475-4363
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. © 2017 Marcus & Millichap
Andrew Dansker Tel: (212) 430-5168
RESIDENTIAL RENT UNIT# LEASE STATUS
NOTES
1L
RS
1R RS 2L RS 2R FM 3L RS 3R RS 4L FM 4R FM MONTHLY RESIDENTIAL REVENUE
BEDROOMS
ROOMS
SF
Private Backyard Access
3 Bedroom
5
820
Private Backyard Access
3 Bedroom 3 Bedroom 3 Bedroom 3 Bedroom 3 Bedroom 3 Bedroom 3 Bedroom 24
5 5 5 5 5 5 5 40
820 820 820 820 820 820 820 6,560
Free Market
Free Market Free Market
ANNUAL RESIDENTIAL REVENUE ANNUAL COMMERCIAL 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: (718) 475-4369
Mark Zarrella Tel: (718) 475-4376
Dylan Boesch Tel: (718) 475-4363
EXPIRATION
Dec-15 Mar-15 Dec-15 Dec-15 Dec-16 Dec-15
ACTUAL
PRO FORMA
$/PSF
$2,300 $2,300 $1,205 $1,500 $1,205 $1,600 $1,800 $1,400 $13,310
$2,300 $2,300 $1,205 $2,100 $1,205 $1,600 $2,100 $2,100 $14,910
$34 $34 $18 $31 $18 $23 $31 $31
$159,720 $0
$178,920 $0
ACTUAL $159,720
PRO FORMA $178,920
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. © 2017 Marcus & Millichap
Andrew Dansker Tel: (212) 430-5168
CITY:
Brooklyni
STATE:
NYi
BLOCK & LOT:
845 / 42i
LOT DIMENSIONS:
29.5 X 100i
LOT SF:
2,950i
BUILDING DIMENSIONS:
30 X 66i
BUILDING SF:
7,680i
ZONING:
M1-2i
MAX FAR:
2.00i
ANNUAL TAX BILL:
__$7,150i
TAX CLASS:
Peter Von Der Ahe Tel: (212) 430-5114
2Bi
Shaun Riney Tel: (718) 475-4369
Mark Zarrella Tel: (718) 475-4376
Dylan Boesch Tel: (718) 475-4363
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Mark Zarrella Tel: (718) 475-4376
Dylan Boesch Tel: (718) 475-4363
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Mark Zarrella Tel: (718) 475-4376
Dylan Boesch Tel: (718) 475-4363
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney
Tel: (718) 475-4369
Mark Zarrella
Tel: (718) 475-4376
Dylan Boesch
Tel: (718) 475-4363
Financing Andrew Dansker Inquiries: Tel: (212) 430-5168