Tax - Payer

LOCATION:
1504 Jerome Ave.
BLOCK / LOT:
2846 / 1, 2, 102
DISTRICT:
 
LOT SF:
8,655 (Total)
BUILDING SF:
6,500 +/-
FLOORS:
1
ZONING:
C8-3
FAR:
2
BUILDING CLASS:
Store Build. K1
PROPERTY TAX:
$21,344
PRICE:
$2 Million

Income & Ex pence (Actual)

Tenants
Income
Expenses
Totals
Lease Expirations
1) United Muffler  
$48,000
June 2019
2) NY Max Coating  
$30,720
March 2011
3) Sound Dimensions  
$33,600
February 2011
4) Clothing  
$12,000
Oct. 2011
5) Emely Auto Dealer  
$34,800
Mar. 2013
6) MP Auto Repair  
$30,000
Jan. 2012
From Property tax  
$10,000
  Property tax
$21,344
  Insurance
$ 3,000
  Maintenance
$ 5,000
Net Operating Income  
$169,776
Price  
$2,000,000
Capitalization Rate  
8.4%
Bx