Apartment Report

Year Ended 2017-12-31

235 East 49 St
#7A
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 16,545
Less: real estate tax abatements (1,589)
Special assessment - abatement 1,524
Commercial rent 1,746
TOTAL RENTAL INCOME 18,227
OTHER INCOME
Interest income 68
Laundry 92
Storage 134
Late charges 48
Transfer and sublet fees 797
Miscellaneous income 38
TOTAL OTHER INCOME 1,176
TOTAL INCOME 19,403
COST OF OPERATIONS
Administrative expenses 989
Operating expenses 6,807
Maintenance expenses 3,014
Taxes and insurance 8,986
Financial expenses 1,275
TOTAL COST OF OPERATIONS 21,072
Income or (Loss) Before Depreciation and Special item (1,669)
Depreciation and amortization (1,148)
NET INCOME OR (LOSS) (2,818)