307 E 54th St APT 1, Brooklyn, NY 11203

GREAT INVESTMENT OPPORTUNITY- 6 FAMILY - RENT STABILIZED-BRICK FACADE-FOR SALE IN EAST FLATBUSH!! ROI 7% CAP RATE BUILDING INFORMATION: 3 Story walk up, 6 residential units! Lot Size: 25.5ft x 100ft Building Dimensions: 24ft x 81ft Building SQFT: 5,832 Income: The total monthly rental income is $8,225. Annually, this amounts to $98,700. Expenses: • Taxes: $20,000 • Insurance: $4,200 • Water: $5,200 • Electric: $900 • Gas heat: $6,000 Total expenses amount to $36,300 annually. Net Operating Income (NOI): • Gross income: $98,700 • Expenses: $36,300 NOI = Gross Income - Expenses = $98,700 - $36,300 = $62,400 Capitalization Rate (Cap Rate): over 7% at 875k price point. Rent Roll: Apt 1-$1,956.00 Apt 2-$876.69 Apt 3-$2,251.59 Apt 4-$1,013.45 Apt 5-$1,149.37 Apt 6-$1,087.97 REMARKS: -Brand new boiler installed March 2017 -Most apartments are recently renovated -Backyard -Driveway Parking APARTMENT LAYOUTS: Apt 1- 2 Bedrooms Apt 2- 2 Bedrooms Apt 3- 3 Bedrooms Apt 4- 2 Bedrooms Apt 5- 3 Bedrooms Apt 6- 2 Bedrooms GREAT INVESTMENT OPPORTUNITY!!! GET IT WHILE IT LASTS!