LOCATION Franklin Ave.,
Franklin Square, NY 11010
DESCRIPTION: ONE STORY BUILDING.
LOT SIZE: 20,000 Sq. Ft.
BUILDING SIZE: 7,915 Sq. Ft.
TENANTS PAY: OWN UTILITIES.
ANNUAL RENT ROLL (includes contributions): $290,174.00
OPERATING EXPENSES:
Real Estate Tax: $76,955.00
Insurance: $16,389.00
Gas & Electric: $266.00
Cleaning: $3,024.00
Snow Removal: $2,335.00
TOTAL OPERATING EXPENSES: $98,969.00 NET OPERATING INCOME: $191,205.00
PRICE: $3,650,000.00 (CAP 5.24%)