6 family building with operating bar on first floor. Bar is 1200 square feet with lease to expire July 2025. No rent controlled apartments. Only rent stabilized. Roof is 6 years old. Gas fired steam heat. Gas furnace is 6 years old. There are (3) - 1 bedroom apartments and (3) - 2 bedroom apartments. Annual Income $187,000 Annual Expenses: Taxes $18,630 Gas and Electric $9,033 Insurance $11,531 Water $7,958 Misc Repairs $3,300=$50,542. Cap Rate 6.2%
6,101 Sq Ft
2,500 Sq Ft Exterior Space
Commercial
$20,205 Annual Tax
Built in 1931
MLS/Listing ID 847324
6 Units
Construction - Brick
Backyard
Block
Listing Courtesy of WEICHERT REALTORS TMT GROUP, JOSEPH D. FERONE CBR - 917-270-8080
Source of Data: ONEKEY MLS