Apartment Report

Year Ended 2017-12-31

235 East 49 St
#2E
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 16,903
Less: real estate tax abatements (1,623)
Special assessment - abatement 1,557
Commercial rent 1,784
TOTAL RENTAL INCOME 18,622
OTHER INCOME
Interest income 69
Laundry 94
Storage 136
Late charges 49
Transfer and sublet fees 814
Miscellaneous income 39
TOTAL OTHER INCOME 1,202
TOTAL INCOME 19,823
COST OF OPERATIONS
Administrative expenses 1,011
Operating expenses 6,955
Maintenance expenses 3,079
Taxes and insurance 9,181
Financial expenses 1,303
TOTAL COST OF OPERATIONS 21,529
Income or (Loss) Before Depreciation and Special item (1,706)
Depreciation and amortization (1,173)
NET INCOME OR (LOSS) (2,879)