Apartment Report

Year Ended 2017-12-31

235 East 49 St
#4C
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 19,113
Less: real estate tax abatements (1,836)
Special assessment - abatement 1,761
Commercial rent 2,018
TOTAL RENTAL INCOME 21,056
OTHER INCOME
Interest income 79
Laundry 106
Storage 154
Late charges 55
Transfer and sublet fees 921
Miscellaneous income 44
TOTAL OTHER INCOME 1,359
TOTAL INCOME 22,415
COST OF OPERATIONS
Administrative expenses 1,143
Operating expenses 7,864
Maintenance expenses 3,482
Taxes and insurance 10,381
Financial expenses 1,473
TOTAL COST OF OPERATIONS 24,344
Income or (Loss) Before Depreciation and Special item (1,929)
Depreciation and amortization (1,327)
NET INCOME OR (LOSS) (3,255)