LES apartment building for sale.The Coda, a 29-unit, seven-story newly constructed apartment building, located on Manhattan's burgeoning Lower East Side is in the market for sale through Eastern Consolidated, at an all-cash asking price of $18.75 million. Eastern Consolidated's Peter Hauspurg, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , together with senior directors Ronda Ronda (rôn`dä), town (1990 pop. 34,102), Málaga prov., S Spain, in Andalusia. One of the most colorful of Spanish towns, it is beautifully situated high in the mountains of Sierra de Ronda and is a popular tourist destination. Rogovin and Deborah Gutoff are spearheading the marketing initiative. The Coda has a mix of studio, one-and two-bedroom apartments, enjoys the benefits of the City's 421-A program and very low operating and maintenance expenses. It also offers one 1,000 s/f street level retail space and three community facility spaces. Net operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. from the building is approximately $970,000. Said Rogovin, "This sale represents an excellent opportunity to buy a foothold foot·hold n. 1. A place providing support for the foot in climbing or standing. 2. A firm or secure position that provides a base for further advancement. foothold Noun 1. in the area." |
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