Apartment Report

Year Ended 2017-12-31

235 East 49 St
#7F
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 17,620
Less: real estate tax abatements (1,692)
Special assessment - abatement 1,623
Commercial rent 1,860
TOTAL RENTAL INCOME 19,411
OTHER INCOME
Interest income 72
Laundry 98
Storage 142
Late charges 51
Transfer and sublet fees 849
Miscellaneous income 41
TOTAL OTHER INCOME 1,252
TOTAL INCOME 20,664
COST OF OPERATIONS
Administrative expenses 1,054
Operating expenses 7,250
Maintenance expenses 3,210
Taxes and insurance 9,570
Financial expenses 1,358
TOTAL COST OF OPERATIONS 22,442
Income or (Loss) Before Depreciation and Special item (1,778)
Depreciation and amortization (1,223)
NET INCOME OR (LOSS) (3,001)