Apartment Report

Year Ended 2010-12-31

200 East 36 St
#2J
New York
NY 10016

200 East 36th Owners Corp.

Financial Statements

BALANCE SHEETS

BALANCE SHEETS
Assets
Current Assets:
Cash and cash equivalents 774
Receivables (Note 3) 1,354
Prepaid expenses (Note 4) 232
Total Current Assets 2,360
Reserve fund (Notes 2 and 5) 3,148
Property and Improvements: (Notes 2 and 6)
Land 11,024
Building 44,097
Building improvements and equipment 10,212
Total 65,332
Less: accumulated depreciation 37,106
Net Property and Improvements 28,226
Other Assets:
Cash - security deposits 372
Unamortized mortgage finance costs (Note 2) 315
Deferred ieasing commissions (Note 2) 125
Total Other Assets 812
Total Assets 34,546
Liabilities
Current Liabilities:
Accounts payable 296
Real estate tax abatements 385
Accrued mortgage interest 118
Building improvements payable -0-
Advance maintenance 47
Total Current Liabilities 846
Long-Term Liabilities:
Mortgage payable (Note 7) 24,151
Security deposits payable 372
Total Long-Term Liabilities 24,523
Total Liabilities 25,369
Stockholders’ Equity
Common stock - $4.00 par value, 50,000 shares authorized, 47,364 shares issued and outstanding 176
Additional paid-in capital 36,788
Accumulated deficit (27,787)
Total Stackholders' Equity 9,177
Total Liabilities and Stockholders' Equity 34,546

STATEMENTS OF OPERATIONS

STATEMENTS OF OPERATIONS
Revenues
Maintenance 6,974
Commercial and professional 1,791
Operating assessment 677
Electricity charges rebilled 417
Other sharehalder fees 136
Laundry income 22
Total Revenues 10,017
Cost of Operations
Administrative expenses Schedule 1 388
Operating expenses Schedule 2 3,847
Repairs and maintenance Schedule 3 395
Real estate tax 3,972
Interest expense 1,391
Corporation taxes 51
Total Cost of Operations 10,043
Loss from operations before other items and depreciation and amortization (27)
Interest income 42
Transfer fees (Note 2) 23
Income Before Depreciation and Amortization 38
Depreciation and amortization (1,722)
Net Loss For The Year (1,684)