Updated almost 16 years ago on . Most recent reply
NYC multifmily
69 unit elevator building with a mix of 2/3/4/5 bed,some are rent stabilized. Building has alot of violations.
GPR - $914,479, after 11% vacancy $813,886(current)
Taxes $79,884
INS $17,500
Repairs $85,000
Labor $22,425
Oil $42,791
Electric $15,410
Water $18000
Sewer $18000
Misc $12,208
NOI $502,488, asking price $5.2 million
Are these numbers accurate for this type of building?