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Second Note for sale approximately $350,000. All amounts shown below are from sources deemed reliable and certain values are approximate. 

Property Gross Income: annual $1.3 M. The second mortgages is in default and it's available for purchase. This note is obtaining the default interest rate of 24%. Property description: Four consecutive buildings located just one block North of Central Park, with 48 above ground units, and 12 garden level units. There is a court yard in the rear of the buildings. Most of the units have been renovated already. This property might be scheduled to be foreclosed.

South Harlem

136 WEST 111TH STREET
Property Description: 5-story brick apartment building with 20 units with vacancies. All rent-stabilized, and free market. 38x86x100 
Effective Gross Income: $415,356  Total Expenses: $114,442

140 WEST 111TH STREET
Property Description: 5-story brick apartment building with 10 units with no vacancies. All rent-stabilized, and free market. 38x86x100
Effective Gross Income: $362,580  Total Expenses: $52,140

144 WEST 111TH STREET
Property Description: 5-story brick apartment building with 10 units with no vacancies. All rent-stabilized, and free market. 34x84x100
Effective Gross Income: $263,580   Total Expenses: $51,512  

148 WEST 111TH STREET
Property Description: 5-story brick apartment building with 20 units with no vacancies. All rent-stabilized, and free market. 33x84x100
Effective Gross Income: $354,012    Total Expenses $11,534


Property Description

Beautiful Cape with four bedrooms, one and a half new bathrooms, and updated kitchen. Move ind floors in living room and bedrooms. Spacious backyard with separate entrance to full finished basement. New alarm system hooked up to central station.

Price: $619,000. Property Type: multi family. Bedrooms: 4. Bathrooms: 2. Square Ft: 1,100. Lot Size: 4,000 sq ft/0.09 acres. Year Built: 1950. Parking Type: on street. Cooling System: wall. Heating System: baseboard


Prime Location 59,000 Sf Office and Retail. Description: Six-story elevator office and retail building. Layout: Ground floor retail; Offices from 2nd to 6th floors. Building Size: 58,967. Lot Size: 73,181. Sec/Block/Lot: 38/454/4. Income: $1,677,002. Expenses Total: $508,200. Net On Income: $1,168,802. Price for quick sale: $12,500,000. RE Taxes: $291,000. Insurance: $10,000. Utilities:$130,000. Water: $2,300. Elevator $7,000. Payroll:$50,000. R&M /Supplies: $10,000. Maintenance: $7,900

 
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