418 New Jersey Ave

Tremendous rent roll in this rent-stabilized building in the heart of East New York. Each floor consists of two apartments and offered exceptional amount of natural light.For convenience purposes, the 3 and C lines are within 4 blocks from the subway.Property Rent Roll as follows:1R: $1,096.00Apartment 1F: $1,714.00 per monthApartment 2R: $1,776.00 per monthApartment 2F: $1,776.00 per monthApartment 3R: $1,515.00 per monthApartment 3F: $1,450.00 per month.TOTAL Monthly Gross Income: $9,327.00.TOTAL Annual Gross Income: $111,924.00.TOTAL Annual Expenses: $12,800.00.Annual Net Gain : $99,124.00.Building specification:Building dimensions: 20 X 60Lot: 20 X 100Square Feet: 3,600Zoning: R-6Unused FAR: 1,200 square feet.