249$ST$Marks$Ave$,Freeport$NY.

$11520
Tel:3476341382$/9172570374
E:$Ronfar73@gmai.com
E:Femyan@Outlook.com

CONSTRUCTION MODERN DESIGN FINANCIAL STATEMENT AS OF October 1, 2015

ASSETS LIABILITIES

Cash$on$hand$&$in$Bank $178,000.00
Savings$Accounts $155,000.00
Rental$Incom $20,975.00
IRA$or$Other$Retirement$Account $ Accouny$Payable $2,965,000.00
Accounts$&$Notes$Receivable $
Life$InsuranceWCash$Surrender$Value$Only $1,000,000.00 Mortgage$Payments $19,000.00
Stocks$and$Bonds $$$$$$$$$$$$$$$Investment$Prpoerty
Real$Estate $12,575,000.00 Property$Taxes $11,116.00
$$$$$$$$$(describe$in$section$1) Property$Maintanance 35,000.00
Other$Assets Interest$&$Principal$Payments$On$Loans$ $3,500.00
Installments $4,709.00
Unpaid$Taxes $3,900.00

TOTAL%ASSETS 13,928,975.00 TOTAL LIABILITIES $3,042,225.00

NAME & ADDRESS OF NOTE HOLDER(s) ORIGINAL BALANCE CURRENT BALANCE PAYMENT AMOUNT TYPE OF MORTGAGE

931 Lincoln Pl, Brooklyn: $500,000.00 $500,000.00 $500,000.00 INTREST ONLY

PAME ASSOCIATE LLC
16 Gladwin Court Springvalley NY
1171 Halsey Street, Brooklyn
Asset Based Capital, Inc 506 Northern Blvd, Great Neck Ny
$525,000.00 $500,000.00 $3,500.00 commercial loan
37 Kenilworth Pl, Brooklyn Ny $300,000.00 $300,000.00 $3$3,000.00 interest only
PAME ASSOCIATE LLC
1135 Clay Ave, Brooklyn NY
KORDUN CONSTRUCTION CORP
$500,000 $500,000.00 $5,000.00 interest n only
39 Kenilworth Pl, Brooklyn NY $617,000.00 $540,000.00 $3,500.00 conventional loan
195 St James pl Pl Brooklyn Ny $350,000.00 $550,000.00 settlement

REAL ESTATE OWNED

1: 931 Lincoln Place Brooklyn., NY
2:1171 Halsey Ave., Brooklyn., NY
3.37 Kenilworth Pl. Brooklyn., NY
4.39 Kenilworth Pl. Brooklyn NY
5. 1135 Clay Ave Bronx., NY
6. 195 st James Place., Brooklyn., NY 7: 249 St. Marks Ave Freeport NY
ACTIVE RENT ROLL / ESTIMATED RENT RLOL

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Floor!1!$1800
Floor!2!$2,500
Floor!3!$2,500
Total!monthly!rent!$!6,800.00

Floor!1!$1,750
Floor!2!!$2,300
Floor!3!!$2,700
Total!monthly!rent!$!6750.00

Floor!1!$!1,650.00!x!2!=!!$!3,300.00
Floor!2!$!1,950.00!x!2!=!!$!3,900.00
2!vancies!
Total!monthly!rent!$!7,200.00

FLOOR!1!!!VACANT!..ESTIMATED!RENT!!$!1,500
FLOOR!2!OCCUPIED…!EVICTION!PROCESSS…($!1,500)
STORE!!VACANT!!!!!…!ESTIMATED!RENT!$!3,500

TOTAL!ESTIMATED!RENT!$!6,500.00!!!!!CURRENT!RENT!(EVICTION!PROCESS)

ENTIRE!BUILDING!VACANT…