Great Investment!! BLDG FOR SALE Four-STORY, WALK UP, MIXED-USE BUILDING CONSISTING OF 18 APARTMENTS & TWO GROUND - FLOOR RETAIL & 1000 SF COMMUNITY FACILITY TOTAL MONTHLY RENT: $ 37,033.97 TOTAL ANNUAL RENT: $ 444,407.64 EXPENSES: PROPERTY TAX: $ 67,096 (Store 2- pays $ 6,126 tax reimbursement) GAS/ELECT: $ 18,000 INSURANCE: $ 9,000 WATER & SEWER: $ 21,000 TOTAL ANNUAL EXPENSES: $ 115,096 NOI: $ 329,311.64 REMARKS: THE BUILDING USES BOTH GAS & OIL, THE BURNER AUTOMATICALLY SWITCHES TO OIL WHEN UNDER 20 DEGREES. UTILITIES ARE PAID SEPERATELY BY RETAIL & RESIDENTIAL TENANTS. BOTH COMMERCIAL TENANTS HAVE 3% INCREASES. THE BUILDINGS BASEMENT IS FULLY FINISHED. THE PROPERTY IS LOCATED 2 BLOCKS FROM THE 18TH AVE D TRAIN STATION & 2 BLOCKS FROM THE BELT PKWY & GRAVESEND BAY
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