272 6th Avenue

Offered NOW to the market after 40 years of being owned and managed by the same owner! This is your opportunity to own this prime Park Slope piece of Real Estate investment. This building takes over half the block on 6th Avenue and 1st street! This building is a legal 8 unit building with an additional basement apartment with windows throughout. The brief summary of expenses and income are as follow: The left side apartments monthly rental income are as follow: 1st Floor Left------RS------------$861.00 3rd floor Left---------RS------------------$2,273.00 2nd floor Left------Market--------$$2,750.00 4th floor Left---------RS------------------$2,586.00 The Right side apartments monthly rental income are as follow: 1st floor Right-------RS----------$1,419.00 3rd floor Right--------RS-------------------$845.00 2nd floor Right------RS----------$1,555.00 4th floor Right--------RC-------------------$1,142.00 Total yearly income of $161,172 Expenses for the year 2014 are as follow: Real Estate Taxes--------------------------------------$15,979.00 Water Bill----------------------------------------------$7,806.67 Building Insurance--------------------------------------$5,484.46 National Grid--------------------------------------------$8,091.41 Con Edison----------------------------------------------$1,118.53 Total yearly expenses-------------------------------------$38,480.07 Please note access will be given to one apartment, basement apartment, access to hallways and public areas, Roof, electrical and mechanicals as well. Building is in a great condition and well maintained throughout.