Prime Location! Lefferts Place is a picture-perfect block that has close proximity to subways (1 block) buses (1 block) restaurants, markets, bars, etc. There is a garden run by the block association and the street itself is beautiful and tree-lined. These apartments have always been very easy to rent as the price and location are both stellar. It is being delivered with 4 of the 7 apartments vacant. There is an opportunity to combine the two, second-floor studios to make a large 1 bedroom. 1. Bedroom/ Bathroom variations. There are 3 Class A 1 bed/1bath apartments. There are 4 Class B Studio apartments that share a bathroom 2. Nobody is behind on rent 3. All units are stabilized. 4.. Which utilities do the tenants pay for? The only utility tenant pays is the electricity bill. 5. Rent Roll Garden - $1742.57 + $300 for use of backyard (vacant) First Floor - $1585.25 Apt 2R - $1345 (vacant) Apt 2F - $$1252 (vacant) Apt 3R - $1325 (vacant) Apt 3F - $1240 Top floor - $1376 Expenses (Monthly) National Grid $19 Cond Ed $123.62 Water/Sewer $104.42 Oil $702 Taxes $703.41 (tax class b) If you decide to just rent out the vacant apartments as is, the building yields a nice gross income with a very low vacancy rate. 7 unit apartment building with 4 vacant apartments. Garden apartment with a backyard (vacant) Floor through 1 bedroom on the first floor (occupied) 2 studios on the second floor (both vacant) 2 studios on the third floor (one vacant) Floor through 1 bedroom on the fourth floor (occupied) Lot size 16* 100
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