GREAT INVESTMENT PROPERTY - CROWN HEIGHTS -----THIS IS A RENT STABILIZED BUILDING---- ADDRESS: 604 MAPLE STREET CROSS STREET: KINGSTON AVENUE & ALBANY ANE ASKING PRICE: $850,000 DESCRIPTION: Property being sold "as is". Six family building with tremendous upside. Current total annual income of $31,833. Property consists of four two-bedroom units and two three-bedroom units. Building is perfectly situated in Crown Heights close to shopping and transportation is just a few blocks away with the 2 and 5 trains. BLOCK/LOT: 4799-29 ESTIMATED YEAR BUILT: 1931 LOT SIZE: 25' X 100' LOT AREA: 2,500 SF BUILT: 25' X 80' BUILT: 8,000 SF ZONING: R6 F.A.R: 2.4 BUILT / MAX ALLOWED 2.43 ASSESSMENT: $13,872 TOTAL APTS: 6 TOTAL ROOMS: 29 INCOME: 6 APT(S) ACT. $ 31,833 6 APT(S) PROJ. $ 123,000 PROJECTED ANNUAL $123,000- if converted to free market ACTUAL ANNUAL $31,833 ESTIMATED TAXES (2022) $ 13,872 EXPENSES INSURANCE $ 5,000 UTILITIES $ 6,360 REPAIRS & MAINT $ 2,400 WAGES & SALARIES $ 3,000 ANNUAL $30,632
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