200 centre avenue new rochelle, ny › d2 › lfcmgowzby2yhatxa58... · [email protected]...
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![Page 1: 200 CENTRE AVENUE NEW ROCHELLE, NY › d2 › LfcMgOWzBy2YHaTxa58... · Michael.brais@elliman.com HILLCREST POINT APTS 1 –296 SNEDEN PLACE WEST, SPRING VALLEY, NY Apt # Status Shares](https://reader036.vdocuments.net/reader036/viewer/2022081612/5f195dd4a62b20201e295e77/html5/thumbnails/1.jpg)
NEW ROCHELLE, NY
MICHAEL BRAISLicensed Associate Real Estate BrokerMobile: [email protected]
200 CENTRE AVENUE
DOUGLAS ELLIMAN REAL ESTATE26 POPHAM ROAD, SCARSDALE, NY10583
OFFICE:914.723.6800
![Page 2: 200 CENTRE AVENUE NEW ROCHELLE, NY › d2 › LfcMgOWzBy2YHaTxa58... · Michael.brais@elliman.com HILLCREST POINT APTS 1 –296 SNEDEN PLACE WEST, SPRING VALLEY, NY Apt # Status Shares](https://reader036.vdocuments.net/reader036/viewer/2022081612/5f195dd4a62b20201e295e77/html5/thumbnails/2.jpg)
SPRING VALLEY, NY
MICHAEL BRAISLicensed Associate Real Estate BrokerMobile: [email protected]
1 - 296 SNEDEN PLACE WEST
DOUGLAS ELLIMAN REAL ESTATE26 POPHAM ROAD, SCARSDALE, NY10583
OFFICE:914.723.6800
![Page 3: 200 CENTRE AVENUE NEW ROCHELLE, NY › d2 › LfcMgOWzBy2YHaTxa58... · Michael.brais@elliman.com HILLCREST POINT APTS 1 –296 SNEDEN PLACE WEST, SPRING VALLEY, NY Apt # Status Shares](https://reader036.vdocuments.net/reader036/viewer/2022081612/5f195dd4a62b20201e295e77/html5/thumbnails/3.jpg)
DOUGLAS ELLIMAN REAL ESTATE26 POPHAM ROAD, SCARSDALE, NY10583
OFFICE:914.723.6800
200 CENTRE AVENUE, NEW ROCHELLE, NY
Apt # Status Shares Type Maintenance Rent Variance Lease Expire Projected Rent
1 H MKT 321 1 bed below $ 663.98 $ 1,375.00 $ 711.02 3/31/2020 $ 1,475.00
1M ETPA 321 1 bed below $ 663.98 $ 804.44 $ 140.46 8/31/2021 $ 1,475.00
2N MKT 321 1bed below $ 663.98 $ 1,515.00 $ 851.05 4/30/2021 $ 1,615.00
Parking $ 100.00 $ 95.00 $ (5.00) $ 100.00
CENTRE AVE TOTAL 963 $ 2,091.94 $ 3,789.40 $ 1,697.50
MICHAEL BRAISLicensed Associate Real Estate BrokerMobile: [email protected]
HILLCREST POINT APTS 1 – 296 SNEDEN PLACE WEST, SPRING VALLEY, NY
Apt # Status Shares Type Maintenance Rent Variance Lease Expire Projected Rent
1 ETPA 478 2 Bed - Lower Level $ 951.42 $ 1,108.21 $ 156.79 11/30/2020 $1,108.21
25 ETPA 369 1 Bed - Small Dining Area & Lower Level $ 734.46 $ 902.64 $ 168.18 9/30/2021 $ 902.64
55 ETPA 314 1 Bed - Lower Level $ 624.99 $ 930.24 $ 305.25 3/31/2021 $ 930.24
59 ETPA 369 1 Bed - Small Dining Area & Lower Level $ 734.46 $ 810.87 $ 76.41 6/30/2021 $ 810.87
154 ETPA 341 1 Bed - Small Dining Area $ 678.73 $ 967.85 $ 289.12 2/28/2021 $ 967.85
190 MKT 341 1 Bed - Small Dining Area $ 678.73 $ 995.00 $ 316.27 9/30/2020 $ 1,100.00
192 ETPA 444 2 Bed $ 883.75 $ 1,042.76 $ 159.01 7/31/2020 $ 1,042.76
204 MKT 268 1 Bed $ 533.43 $ 1,420.00 $ 886.57 3/31/2020 $1,470.00
217 MKT 268 1 Bed $ 533.43 $ 1,005.00 $ 471.57 6/30/2020 $1,470.00
287 MKT 268 1 Bed $ 533.43 $ 1,020.00 $ 486.57 8/31/2020 $1,470.00
SNEDEN PL TOTAL 3460 $ 6,886.85 $ 10,202.57 $ 3,315.72
GRAND TOTAL $ 8,978.79 $ 13,992.01 $ 5,013.22
SUMMARY PROJECTED SUMMARY
UNITS ANNUAL
6% CAP RATE
ANNUAL
8.4% CAP RATE
ETPA 7 RENT $ 167,904.12 $ 191,250.72
MKT 6 MAINT $ 107,745.44 $ 107,754.44
13 TOTAL $ 60,158.68 $ 83,496.28
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Douglas Elliman Real Estate is pleased to present:
200 CENTRE AVENUE, NEW ROCHELLE, NY1-296 SNEDEN PLACE WEST, SPRING VALLEY, NY
DOUGLAS ELLIMAN REAL ESTATE26 POPHAM ROAD, SCARSDALE, NY10583
OFFICE:914.723.6800
MICHAEL BRAISLicensed Associate Real Estate BrokerMobile: [email protected]
REAL ESTATE INVESTOR START UP PORTFOLIO
§ Sponsored Unit Portfolio Sale: Multi- Family Investment without Maintenance
§ Stabilized Units Automatically Become Market With Turnover
§ Rent Roll AND Breakup Individual Sell UPSIDE
§ Current Cap Rate 6%. Projected 8.4%
§ Seller Financing Available