69-62 Grand Avenue, Maspeth

This building is a three family with one commercial storefront. There are 3-2 bedroom apartments and one store, they’re all hardwood floors, and each tenant is responsible for their own utilities. No residential leases. Everyone has separate meters and and boilers. Taxes $18,201.28,Water $5,000, Electric $720, Insurance $5,700. The commercial space pays 25% of the water and 30% of the taxes. they have a lease until September 1, 2032 with yearly increases. they are currently paying $6044 a month. Second floor apartment pays 2300 hours per month third floor pay $2200 per month on the fourth floor pays $1900 per month.