3573 Laconia Avenue, Bronx, NY 10469

Calling All Investors, Developers  Lease Exp.: 7/31/26. Legal Rent: $38,962.80 Ann. Apt. 1B: $28,359 Ann.; Lease Exp.: 9/14/26. Legal Rent: $38,962.80 Ann. Apt. 2A: $28,975.44 Ann.; Lease Exp.: 7/31/26. Legal Rent: $38,962.80 Ann. Apt. 2B: $28,122.24 Ann.; Lease Exp.: 8/31/26.Legal Rent: $36,373.44 Ann. Apt. 2C: $31,651.08 Ann.; Lease Exp.: 7/31/26. Legal Rent: $46,545.72 Ann. Apt. 2D: $29,680.44 Ann.; Lease Exp.: 9/30/25.Legal Rent: $38,962.80 Ann. Apt. 2E: $28,910.04 Ann.; Lease Exp.: 9/30/26. Legal Rent: $28,910.04 Ann. Apt. 2F: $33,291 Ann.; Lease Exp.: 8/31/26.Legal Rent: $46.545.72 Ann. Apt. 3A: $28,359 Ann.; Lease Exp.: 7/31/26. Legal Rent: $38,962.80 Ann.Apt. 3B: $29,427.84 Ann.; Lease Exp.: 9/31/26. Legal Rent: $36,373.44 Ann.Apt. 3C: $30,804 Ann.; Lease Exp.: 11/30/25.Legal Rent: $30,804 Ann.Apt. 3D: $28,359 Ann.; Lease Exp.: 9/4/26.Legal Rent: $38,962.80 Ann.Apt. 3E: $28,428 Ann.; Lease Exp.: 7/31/25.Legal Rent: $39,057.60 Ann. Apt. 3F: $31,651.08 Ann. ; Lease Exp.: 9/30/26. Legal Rent: $31,651.08 Ann.Apt. 4A: $28,543.92 Ann.; Lease Exp.: 7/31/26.Legal Rent: $38,962.80 Ann.Apt. 4B: $26,988 Ann.; Lease Exp.: 7/31/25Legal Rent: $26,988 Ann. Apt. 4C: $30,804 Ann.; Lease Exp.: 1/14/25.Legal Rent: $30,804 Ann. Apt. 4D: $40,416 Ann.; Lease Exp.: 9/30/26.Legal Rent: $50,520 Ann. Apt. 4E: $28,292.04 Ann.; Lease Exp.: 9/30/25. Legal Rent: $28,292.04 Ann.Apt. 4F: $32,754 Ann.; Lease Exp.: 8/31/25. Legal Rent: $46,545.72 Ann.Total Gross Rent: $602,175.12 Ann. Total Legal Rent: $752,150.40 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: $602,175.12 Ann.Pro Forma Gross Income: $752,150.40 Ann.Current Net Operating Income (NOI): $553,023.44 Ann. (8.25% Cap)Pro Forma Net Operating Income (NOI): $702,998.72 Ann. (9.63% Cap)