Apartment Report

Year Ended 2017-12-31

235 East 49 St
#11A
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 17,919
Less: real estate tax abatements (1,721)
Special assessment - abatement 1,651
Commercial rent 1,891
TOTAL RENTAL INCOME 19,740
OTHER INCOME
Interest income 74
Laundry 99
Storage 145
Late charges 52
Transfer and sublet fees 863
Miscellaneous income 41
TOTAL OTHER INCOME 1,274
TOTAL INCOME 21,014
COST OF OPERATIONS
Administrative expenses 1,072
Operating expenses 7,373
Maintenance expenses 3,264
Taxes and insurance 9,733
Financial expenses 1,381
TOTAL COST OF OPERATIONS 22,822
Income or (Loss) Before Depreciation and Special item (1,808)
Depreciation and amortization (1,244)
NET INCOME OR (LOSS) (3,052)