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19 Unit Mixed Use Corner Property with 16 Residential & 3 Commercial in Mount Eden, Bronx. 4 Apartments are 2 Bedrooms and 12 Apartments are 3 Bedrooms. Total Monthly Rent Income: $17,138; Annual Gross Rent Income: $205,656. 6 Residental Units will be Vacant at Closing (Apt #'s 2, 5, 9, 10, 11 &16) Annual Expenses: R/E Taxes: $28,203, Insurance Premium: $7,830, Water/Sewer $36,000, Electricity $2,549, Maintenance-superintendent $9,000, Gas/Heat $ 47,683, & Misc Maintenance $2,046. Total Annual Expenses: $133,311, Net Operating Income (NOI): $72,345.
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