Rose Edwards
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      » Office Fax: (212) 460-8100
      » Cell: (917) 353-7799

      

Properties in Midtown West

528 & 530 9th Avenue
between 39th and 40th Streets

Size:
528 - 18' x 60' 1st floor built full
530 - 18' x 60' Built 46'

Layout:
#528 - 6 1 bedroom apts. & 1 store
#530 - 4 1 bedroom apts., 1 vacant store and 2nd floor commercial loft

Description:
2/4 story walkup buildings

Est. Income:
----------------------------------------
Includes vacant store: $172,072.08

Est Expenses:
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Real Estate Tax: $21,952.42
Water & Sewer: $8,388.52
Insurance: $3,146.93
Oil #2: $8,149.52
Payroll: $2,612.47
Electric & gas: $1,930.94
Repairs: $10,000.00
===============================
Total Est Expenses: $56,180.80
Estimated Net Income: $115,891.28

Notes:
- Store in 530 (former restaurant) delivered vacant.
- 2nd floor commercial space pays $500 per month with no lease.
- Apts. in 530 9th Avenue decontrolled (4 units). Much upside.



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69 East 4th Street  ·  New York, N.Y. 10003  ·  Phone # (212) 460-9999  ·  Fax # (212) 460-8100

© 2002 - 2017 Walscott Company. All information furnished regarding property for sale, rental or financing is from sources deemed reliable. No representation is made as to the accuracy thereof, and it is submitted subject to errors, omissions, change of price, rental, omissions, other conditions, prior sale, lease or financing, or withdrawal without notice.