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The subject properties are two (2) rent regulated six (6) story elevatored apartment buildings located in the Fordham/Bedford Park neighborhood. The buildings are attached surrounding a central courtyard.

The property generates approximately $1,839,540 in gross revenue with a net operating income of approximately $956,905. The average room charge is $251.73 and the average rent per apartment is $830.85. The current debt on the properties is assumable through New York Community Bank for a 1% assumption fee.

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Neighborhoods: Fordham/ Agents: Karl Brumback