total units price /sf proforma cap rate frontage total square feet ...
Tel: (212) 430-5114 [email protected] Tel: (718) 475-4369 [email protected]
TOTAL UNITS
TOTAL SQUARE FEET
Tel: (718) 475-4380 [email protected]
PRICE /SF
PROJECTED TAXES
Tel: (718) 475-4357 [email protected]
Tel: (212) 430-5168 [email protected]
PROFORMA CAP RATE
FRONTAGE
PROFORMA GRM
TOTAL AIR RIGHTS
OFFERING PRICE
$/SF
$3,250,000
$637
INCOME Gross Potential Residential Rent
CURRENT $45,652
PRO FORMA $79,252
Gross Potential Commercial Rent
$46,800
$100,800
Gross Income Vacancy/Collection Loss
$92,452 ($1,370)
$180,052 ($2,378)
Other Income
$0
$0
Effective Gross Income
$91,083
$177,675
Average Residential Rent/Month/Unit
$634
$1,101
Property Taxes Fuel - Gas Insurance Water and Sewer Repairs and Maintenance Common Electric (PPSF) Super Salary Management Fee
$8,705 $4,500 $1,800 $3,600 $3,000 $765 $1,800 $3,643
$8,705 $4,500 $1,800 $3,600 $3,000 $765 $1,800 $7,107
$3,000
Total Expenses
$27,813
$31,277
$2,000
Net Operating Income
$63,270
$146,398
LEASE STATUS ANALYSIS UNIT BREAKDOWN % OF TOTAL Total Units 100% Total RS Units 33% Total RC Units 0% Total FM Units 33% Total Commercial 33%
TOTAL 6 2 0 2 2
AVG. RENT $1,284 $502 $0 $1,400 $1,950
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 4 0 0 0 0
AVG. RENT $0 $0 $951 $0 $0 $0 $0
SRO
0%
0
$0
$/UNIT
$541,667
TOTAL SF
5,100
TOTAL UNITS
6
33%
RATIO OF FAIR MARKET UNITS
CURRENT METRICS
10%
PROPERTY TAXES RATIO
GRM
$1,101
PRO FORMA AVERAGE MONTHLY RENT
CAP RATE
EXPENSE RATIO
CAP RATE
1.9% 35.7
PRO FORMA METRICS
4.5%
GRM CASH ON CASH
18.3 3.11%
UPSIDE ANALYSIS $6,000 $5,000 $4,000
31%
$1,000 $0
Current Avg RS Units Market Rents Current Avg FM Rents
PROPOSED DEBT Debt Service Debt Coverage Ratio Net Debt Cash Flow After Debt Service Loan Amount Interest Rate Amortization
GROSS TOTAL SF
Peter Von Der Ahe Tel: (212) 430-5114
($106,024) 0.60 $40,374 $1,950,000 3.50% 30
$637
5,100
Shaun Riney Tel: (718) 475-4369
EXPENSES
$/SF
Thomas Shihadeh Tel: (718) 475-4380
Dan Greenblatt Tel: (718) 475-4357
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
COMMERCIAL RENT UNIT TENANT NAME 1L 1R Shiel MONTHLY COMMERCIAL REVENUE
RESIDENTIAL RENT UNIT# LEASE STATUS 2L FM 2R RS 3L RS 3R FM MONTHLY RESIDENTIAL REVENUE
NOTES Vacant 3% Annual Increases
NOTES
BEDROOMS 2 Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 8
Vacant
ROOMS 4 4 4 4 16
ANNUAL RESIDENTIAL REVENUE ANNUAL COMMERCIAL REVENUE
TOTAL ANNUAL REVENUE There is currently 1 vacant unit in the building. The super lives off site.
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Thomas Shihadeh Tel: (718) 475-4380
Dan Greenblatt Tel: (718) 475-4357
SF 722 722 1,444
EXPIRATION
ACTUAL $3,900 $3,900
PRO FORMA $4,500 $3,900 $8,400
$/PSF $75 $65
Jul-21
SF 722 722 722 722 2,888
EXPIRATION Jun-17 Jul-17 Jul-17
ACTUAL $2,800 $481 $524 $0 $3,804
PRO FORMA $2,800 $481 $524 $2,800 $6,604
$/PSF $47 $8 $9 $47
$45,652 $46,800
$79,252 $100,800
ACTUAL $92,452
PRO FORMA $180,052
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:
3259 / 35i
LOT DIMENSIONS:
Irregular Loti
LOT SF:
2,442i
BUILDING DIMENSIONS:
25 X 68i
BUILDING SF:
5,100i
ZONING:
R6i
MAX FAR:
2.20i
AVAILABLE AIR RIGHTS:
272i
LANDMARK DISTRICT:
Nonei
HISTORIC DISTRICT:
Nonei
ANNUAL TAX BILL:
__$8,705i
TAX CLASS:
Peter Von Der Ahe Tel: (212) 430-5114
2Ai
Shaun Riney Tel: (718) 475-4369
Thomas Shihadeh Tel: (718) 475-4380
Dan Greenblatt Tel: (718) 475-4357
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Thomas Shihadeh Tel: (718) 475-4380
Dan Greenblatt Tel: (718) 475-4357
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Thomas Shihadeh Tel: (718) 475-4380
Dan Greenblatt Tel: (718) 475-4357
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Thomas Shihadeh Tel: (718) 475-4380
Dan Greenblatt Tel: (718) 475-4357
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Thomas Shihadeh Tel: (718) 475-4380
Dan Greenblatt Tel: (718) 475-4357
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Thomas Shihadeh Tel: (718) 475-4380
Dan Greenblatt Tel: (718) 475-4357
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Thomas Shihadeh Tel: (718) 475-4380
Dan Greenblatt Tel: (718) 475-4357
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Thomas Shihadeh Tel: (718) 475-4380
Dan Greenblatt Tel: (718) 475-4357
Financing Andrew Dansker Inquiries: Tel: (212) 430-5168
TOTAL UNITS
TOTAL SQUARE FEET
Tel: (718) 475-4380 [email protected]
PRICE /SF
PROJECTED TAXES
Tel: (718) 475-4357 [email protected]
Tel: (212) 430-5168 [email protected]
PROFORMA CAP RATE
FRONTAGE
PROFORMA GRM
TOTAL AIR RIGHTS
OFFERING PRICE
$/SF
$3,250,000
$637
INCOME Gross Potential Residential Rent
CURRENT $45,652
PRO FORMA $79,252
Gross Potential Commercial Rent
$46,800
$100,800
Gross Income Vacancy/Collection Loss
$92,452 ($1,370)
$180,052 ($2,378)
Other Income
$0
$0
Effective Gross Income
$91,083
$177,675
Average Residential Rent/Month/Unit
$634
$1,101
Property Taxes Fuel - Gas Insurance Water and Sewer Repairs and Maintenance Common Electric (PPSF) Super Salary Management Fee
$8,705 $4,500 $1,800 $3,600 $3,000 $765 $1,800 $3,643
$8,705 $4,500 $1,800 $3,600 $3,000 $765 $1,800 $7,107
$3,000
Total Expenses
$27,813
$31,277
$2,000
Net Operating Income
$63,270
$146,398
LEASE STATUS ANALYSIS UNIT BREAKDOWN % OF TOTAL Total Units 100% Total RS Units 33% Total RC Units 0% Total FM Units 33% Total Commercial 33%
TOTAL 6 2 0 2 2
AVG. RENT $1,284 $502 $0 $1,400 $1,950
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 4 0 0 0 0
AVG. RENT $0 $0 $951 $0 $0 $0 $0
SRO
0%
0
$0
$/UNIT
$541,667
TOTAL SF
5,100
TOTAL UNITS
6
33%
RATIO OF FAIR MARKET UNITS
CURRENT METRICS
10%
PROPERTY TAXES RATIO
GRM
$1,101
PRO FORMA AVERAGE MONTHLY RENT
CAP RATE
EXPENSE RATIO
CAP RATE
1.9% 35.7
PRO FORMA METRICS
4.5%
GRM CASH ON CASH
18.3 3.11%
UPSIDE ANALYSIS $6,000 $5,000 $4,000
31%
$1,000 $0
Current Avg RS Units Market Rents Current Avg FM Rents
PROPOSED DEBT Debt Service Debt Coverage Ratio Net Debt Cash Flow After Debt Service Loan Amount Interest Rate Amortization
GROSS TOTAL SF
Peter Von Der Ahe Tel: (212) 430-5114
($106,024) 0.60 $40,374 $1,950,000 3.50% 30
$637
5,100
Shaun Riney Tel: (718) 475-4369
EXPENSES
$/SF
Thomas Shihadeh Tel: (718) 475-4380
Dan Greenblatt Tel: (718) 475-4357
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
COMMERCIAL RENT UNIT TENANT NAME 1L 1R Shiel MONTHLY COMMERCIAL REVENUE
RESIDENTIAL RENT UNIT# LEASE STATUS 2L FM 2R RS 3L RS 3R FM MONTHLY RESIDENTIAL REVENUE
NOTES Vacant 3% Annual Increases
NOTES
BEDROOMS 2 Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 8
Vacant
ROOMS 4 4 4 4 16
ANNUAL RESIDENTIAL REVENUE ANNUAL COMMERCIAL REVENUE
TOTAL ANNUAL REVENUE There is currently 1 vacant unit in the building. The super lives off site.
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Thomas Shihadeh Tel: (718) 475-4380
Dan Greenblatt Tel: (718) 475-4357
SF 722 722 1,444
EXPIRATION
ACTUAL $3,900 $3,900
PRO FORMA $4,500 $3,900 $8,400
$/PSF $75 $65
Jul-21
SF 722 722 722 722 2,888
EXPIRATION Jun-17 Jul-17 Jul-17
ACTUAL $2,800 $481 $524 $0 $3,804
PRO FORMA $2,800 $481 $524 $2,800 $6,604
$/PSF $47 $8 $9 $47
$45,652 $46,800
$79,252 $100,800
ACTUAL $92,452
PRO FORMA $180,052
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:
3259 / 35i
LOT DIMENSIONS:
Irregular Loti
LOT SF:
2,442i
BUILDING DIMENSIONS:
25 X 68i
BUILDING SF:
5,100i
ZONING:
R6i
MAX FAR:
2.20i
AVAILABLE AIR RIGHTS:
272i
LANDMARK DISTRICT:
Nonei
HISTORIC DISTRICT:
Nonei
ANNUAL TAX BILL:
__$8,705i
TAX CLASS:
Peter Von Der Ahe Tel: (212) 430-5114
2Ai
Shaun Riney Tel: (718) 475-4369
Thomas Shihadeh Tel: (718) 475-4380
Dan Greenblatt Tel: (718) 475-4357
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Thomas Shihadeh Tel: (718) 475-4380
Dan Greenblatt Tel: (718) 475-4357
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Thomas Shihadeh Tel: (718) 475-4380
Dan Greenblatt Tel: (718) 475-4357
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Thomas Shihadeh Tel: (718) 475-4380
Dan Greenblatt Tel: (718) 475-4357
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Thomas Shihadeh Tel: (718) 475-4380
Dan Greenblatt Tel: (718) 475-4357
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Thomas Shihadeh Tel: (718) 475-4380
Dan Greenblatt Tel: (718) 475-4357
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Thomas Shihadeh Tel: (718) 475-4380
Dan Greenblatt Tel: (718) 475-4357
Financing Inquiries:
Andrew Dansker Tel: (212) 430-5168
Peter Von Der Ahe Tel: (212) 430-5114
Shaun Riney Tel: (718) 475-4369
Thomas Shihadeh Tel: (718) 475-4380
Dan Greenblatt Tel: (718) 475-4357
Financing Andrew Dansker Inquiries: Tel: (212) 430-5168
