powerpoint presentation · between kingston and albany avenues description: built in 1931, this...
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562 MAPLE STREET, BROOKLYN, NY 11203
WINGATE
3-STORY WALKUP BUILDING WITH 6 APARTMENTS
1 1 We s t 2 0 t h S t r e e t , 4 t h F l o o r , N e w Yo r k , N Y 1 0 0 1 1 ( 2 1 2 ) 2 6 8 – 8 0 4 3 · w w w. p r i m e m a n h a t t a n . c o m
Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied as to the accuracy thereof and is
subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the
property of any hazards contained therein nor are any implied.
Address: 562 & 566 MAPLE STREET, BROOKLYN, NY 11203Between Kingston and Albany Avenues
Description: Built in 1931, this 3-story walkup building with 6 apartments consists of 6,000±SF.
Neighborhood Wingate
Block/Lot 4799/13
Lot & Built Size 25’ x 100’ built 80’
Stories 3
Total Apartments 6 & 24
Layout 6/4
Zoning R6
FAR (built/allowed) 2.40/2.43
Assessment/Taxes (18/19) $87,217/$11,093
1st Mortgage: Delivered Free & Clear
Income: Apartments $ 81,900Estimated Taxes (18/19) $11,100Expenses: Water & Sewer $ 6,000
Payroll $ 2,400Fuel $ 7,200Insurance $ 3,600Utilities $ 1,500Repairs, Maintenance, Misc. $ 6,000 $ 37,800
Estimated Net Operating Income: $ 44,100
Price: $ 1,750,000 ALL CASH
Remarks: Near the Sterling Street Station on the [2,5] trains.
Metrics: Average Rent / Apartment $ 1,138 & 284Price / SF $ 292
1 1 We s t 2 0 t h S t r e e t , 4 t h F l o o r , N e w Yo r k , N Y 1 0 0 1 1 ( 2 1 2 ) 2 6 8 – 8 0 4 3 · w w w. p r i m e m a n h a t t a n . c o m
Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied as to the accuracy thereof and is
subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the
property of any hazards contained therein nor are any implied.
RENT ROLL
Apt # Tenant Name Rent/Month Rooms Status1 Tenant 1 $2,000.00 4 FM2 Tenant 2 $ 943.18 4 RS3 Tenant 3 $1,059.57 4 RS4 Tenant 4 $1,503.23 4 RS5 Tenant 5 $ 120.00 4 RC6 Tenant 6 $1,200.00 4 RS
Residential Monthly Total $6,825.98 24Residential Annual Total $81,911.76
PROPERTY PHOTO
562 MAPLE STREET, BROOKLYN, NY 11203
WINGATE
3-STORY WALKUP BUILDING WITH 6 APARTMENTS
1 1 We s t 2 0 t h S t r e e t , 4 t h F l o o r , N e w Yo r k , N Y 1 0 0 1 1 ( 2 1 2 ) 2 6 8 – 8 0 4 3 · w w w. p r i m e m a n h a t t a n . c o m
Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied as to the accuracy thereof and
is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the
property of any hazards contained therein nor are any implied.
PLOT MAP
TAX MAP
562 MAPLE STREET, BROOKLYN, NY 11203
WINGATE
3-STORY WALKUP BUILDING WITH 6 APARTMENTS