5001 4th Ave

Prime Corner Mixed-Use Investment Opportunity 5001 4th Ave, Brooklyn, NY Property Details • 6 Residential Units 3(3beds and 1 bath) And 2 (2beds and 1 bath) High Demand Layout) • 2 Commercial Storefronts • 4 Stories + Basement • Brick Construction• Prime Corner Exposure Income Overview; Residential (6 Units) Total Monthly Residential Income: $14,100 Commercial Restaurant: $5,071 Tax Office: $1,920 Total Commercial Income: $10,000 Total Gross Income:$24,100 / month $289,200 / year Annual Expenses • Property Tax: $24,089 Insurance: $12,000 Gas: $12,000 Electric: $1,800 Water: $7,500 Total Annual Expenses: $57,389 Net Operating Income (NOI )$231,811 Cap Rate: 5.41%