360 West 119th St. #WH

Price: $4500000
Existing mortgage: $1623000, interest rate: 4.79% swap rate, term: 4 years due 02/2016, amortization: 30 year schedule, mortgagee: Capital One Bank.
Gross income: $329,940
Operating expenses: $57,730
RE Taxes: $51,205
Net operating income: $221,005

Building Description:
Five-story walk-up residential building containing 14 residential apartments, one of the units has a private garden. The building contains a new gas fired central hot water heating system. Building was gut renovated in 2007 and has all new electrical, plumbing, roof and paneled lobby. The tenants pay for electric (includes AC). A laundry room and garbage rooms and six storage rooms are located in the common area of the basement for tenants’ use. The building is one block from Morningside Park and three blocks from 116th Street subway (B & C).
Please contact me for more information.