Apartment Report

Year Ended 2017-12-31

235 East 49 St
#10F
New York
NY 10017

235 East 49th Street Tenants Corp.

Financial Statements

COMPARATIVE STATEMENT OF OPERATIONS

COMPARATIVE STATEMENT OF OPERATIONS
INCOME
RENTAL INCOME
Maintenance charges 18,635
Less: real estate tax abatements (1,790)
Special assessment - abatement 1,717
Commercial rent 1,967
TOTAL RENTAL INCOME 20,530
OTHER INCOME
Interest income 77
Laundry 103
Storage 150
Late charges 54
Transfer and sublet fees 898
Miscellaneous income 43
TOTAL OTHER INCOME 1,325
TOTAL INCOME 21,855
COST OF OPERATIONS
Administrative expenses 1,114
Operating expenses 7,668
Maintenance expenses 3,395
Taxes and insurance 10,122
Financial expenses 1,436
TOTAL COST OF OPERATIONS 23,735
Income or (Loss) Before Depreciation and Special item (1,880)
Depreciation and amortization (1,294)
NET INCOME OR (LOSS) (3,174)