powerpoint presentation · between kingston and albany avenues description: built in 1931, this...

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Page 1: PowerPoint Presentation · Between Kingston and Albany Avenues Description: Built in 1931, this 3-story walkup building with 6 apartments consists of 6,000±SF. Neighborhood Wingate
Page 2: PowerPoint Presentation · Between Kingston and Albany Avenues Description: Built in 1931, this 3-story walkup building with 6 apartments consists of 6,000±SF. Neighborhood Wingate

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

Page 3: PowerPoint Presentation · Between Kingston and Albany Avenues Description: Built in 1931, this 3-story walkup building with 6 apartments consists of 6,000±SF. Neighborhood Wingate

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

Page 4: PowerPoint Presentation · Between Kingston and Albany Avenues Description: Built in 1931, this 3-story walkup building with 6 apartments consists of 6,000±SF. Neighborhood Wingate

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