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| Description |
twenty four (24)unit, elevator, mixed use apartment building. Of the twenty four (24) units, three (3) are commercial and the remaining twenty one (21) are residential. five (5) two (2) bedrooms, nine (9) three (3) bedrooms, six (6) four (4) bedrooms, and one (1) five (5) bedroom apartment. Nineteen (19) of the units are rent stabilized, one (1) unit is rent control and one (1) unit is free market. The property benefits from its superior location just two (2) blocks from the A express train (at 168th Street) and its close proximity to the Columbia Presbyterian Medical Center. Upside is evident in its extremely low residential rents and it commercial components,
Residential Units: 21
Commercial Units: 3
Zoning: C2-4 / R7-2
Year Built: 1910
Building Sq Ft: 22840
Expenses
Total Annual Expenses: $145,833
Investment Information
Gross Annual Income: $382,801
Less Total Expenses: $145,833
Net Operating Income: $244,961
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Michael Kinui Kinui Organization Inc.
Office: 914-703-2578
Email: Mikekinui@gmail.com |
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