*Owner/User Potential (Three Residential plus One Commercial/Restaurant)* -The building can be bought for $1,650,000 as well. -The three residential units above are all 3-Bedroom/1 Bath. All three units are RENT STABILIZED. -Assuming a 20% down payment ($330,000), your monthly mortgage payment would be $8,127. Once you factor in your monthly income from the residential units (see below), your net payments each month would be around $6,600/month. The rents for the residential units will increase each year as well, leaving even more money in your pocket. *Annual Expenses* -Taxes - $5,513 -Fuel/Heat - $9,100 -Electric (Common) - $2,750 -Water/Sewer - $4000 (Estimate) -Insurance - $2,000 (Estimate) Total Annual Expenses - $23,363 *Actual Income* Residential Units - $3,468.48/month Yearly Income - $41,621.76 annually. Net Income- $18,258.76 ($1,521/month) *Fully Equipped Restaurant* -2,000 sqft., on a high-traffic street near bus and Subway lines. -35 seat restaurant with an additional 400 sqft. backyard with an awning. -POS systems. -8-10 person bar. -Central heat and A/C. -Basement has a walk-in cooler, liquor cabinet, dry storage, and office space. -Kitchen is equipped with basket fryers, prep sinks, dishwasher, flat top, grill, oven, stove, and numerous other kitchen supplies/equipment.