3573 Laconia Avenue, Bronx, NY 10469

Calling All Investors, Developers  Lease Exp.: 7/31/24.   Legal Rent: $37,920 Ann.     Apt. 1B: $27,600 Ann.; Lease Exp.: 9/14/24.   Legal Rent: $37,920 Ann.     Apt. 2A: $28,200 Ann.; Lease Exp.: 7/31/24.   Legal Rent: $37,920 Ann.     Apt. 2B: $27,369.60 Ann.; Lease Exp.: 8/31/24.  Legal Rent: $35,400 Ann.     Apt. 2C: $30,804 Ann.; Lease Exp.: 9/14/24.   Legal Rent: $45,300 Ann.     Apt. 2D: $28,200 Ann.; Lease Exp.: 7/31/24.  Legal Rent: $37,920 Ann.     Apt. 2E: $27,468 Ann.; Lease Exp.: 9/30/24.   Legal Rent: $27,468 Ann.     Apt. 2F: $32,400 Ann.; Lease Exp.: 8/31/24.  Legal Rent: $45,300 Ann.     Apt. 3A: $27,600 Ann.; Lease Exp.: 7/31/24.   Legal Rent: $37,920 Ann.    Apt. 3B: $27,960 Ann.; Lease Exp.: 8/31/24.   Legal Rent: $35,400 Ann.    Apt. 3C: $30,804 Ann.; Lease Exp.: 11/30/25.  Legal Rent: $30,804 Ann.    Apt. 3D: $27,600 Ann.; Lease Exp.: 9/14/24.  Legal Rent: $37,920 Ann.    Apt. 3E: $27,600 Ann.; Lease Exp.: 7/31/24.  Legal Rent: $37,920 Ann.     Apt. 3F: $30,804 Ann. ; Lease Exp.: 9/31/24.   Legal Rent: $30,804 Ann.    Apt. 4A: $27,780 Ann.; Lease Exp.: 7/31/24.  Legal Rent: $37,920 Ann.    Apt. 4B: $26,916 Ann. (Available)   Legal Rent: $26,916 Ann.     Apt. 4C: $30,804 Ann.; Lease Exp.: 1/14/25.  Legal Rent: $30,804 Ann.     Apt. 4D: $38,400 Ann.; Lease Exp.: 1/14/25.  Legal Rent: $48,000 Ann.     Apt. 4E: $27,468 Ann.; Lease Exp.: 9/30/24.   Legal Rent: $27,468 Ann.    Apt. 4F: $31,800 Ann.; Lease Exp.: 8/31/24.   Legal Rent: $45,300 Ann.    Total Gross Rent: $585,177.60 Ann.   Total Legal Rent: $732,324 Ann.     Expenses:    Electric: $6,000 Ann. (Common Area Only)    Heat/Hot Water: $14,000 Ann.     Insurance: $14,500 Ann.     Water/Sewer: $12,000 Ann.    Taxes: $2,651.68 Ann. (Protected For The Next 34 Years)    Total Expenses: $49,151.68  Ann.     Current Gross Income: $558,261.60 Ann.    Pro Forma Gross Income: $732,324 Ann.    Current Net Operating Income (NOI): $536,025.92 Ann. (6.8% Cap)    Pro Forma Net Operating Income (NOI): $683,172.32 Ann. (8.66% Cap)