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NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP (NEN)

For the quarter ending 2025-06-30, NEN made $21,240,108 in revenue. $4,149,881 in net income. Net profit margin of 19.54%.

Overview

Revenue
$21,240,108
Net Income
$4,149,881
Net Profit Margin
19.54%
Unit: Dollar
Revenue Breakdown
    • Rental income
    • Laundry and sundry income

Unit: Dollar
2025-06-30
2024-09-30
2024-06-30
Total revenues21,240,108 20,209,035 20,050,566
Taxes and insurance2,757,280 2,495,136 2,510,031
Renting256,198 407,911 150,772
Operating1,704,150 1,509,909 1,638,816
Administrative667,913 679,674 651,978
Depreciation and amortization4,474,748 4,224,211 4,277,482
Repairs and maintenance3,481,815 3,618,610 3,500,467
Management fee834,431 802,908 782,856
Total expenses14,176,535 13,738,359 13,512,402
Income before other income (expense)7,063,573 6,470,676 6,538,164
Interest income737,413 1,123,084 1,112,988
Interest expense4,136,156 3,831,009 3,899,695
Income from investments in unconsolidated joint ventures485,051 146,647 321,269
Total other income (expense)-2,913,692 -2,561,278 -2,465,438
Net income4,149,881 3,909,398 4,072,726
Unit: Dollar

Income Statement

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Rental income$21,037,991 (6.03%↑ Y/Y)Laundry and sundryincome$202,117 (-3.30%↓ Y/Y)Total revenues$21,240,108 (5.93%↑ Y/Y)Income before otherincome (expense)$7,063,573 (8.04%↑ Y/Y)Total expenses$14,176,535 (4.91%↑ Y/Y)Net income$4,149,881 (1.89%↑ Y/Y)Total other income(expense)-$2,913,692 (-18.18%↓ Y/Y)Income frominvestments in...$485,051 (50.98%↑ Y/Y)Interest income$737,413 (-33.74%↓ Y/Y)Management fee$834,431 (6.59%↑ Y/Y)Repairs and maintenance$3,481,815 (-0.53%↓ Y/Y)Depreciation andamortization$4,474,748 (4.61%↑ Y/Y)Administrative$667,913 (2.44%↑ Y/Y)Operating$1,704,150 (3.99%↑ Y/Y)Renting$256,198 (69.92%↑ Y/Y)Taxes and insurance$2,757,280 (9.85%↑ Y/Y)Interest expense$4,136,156 (6.06%↑ Y/Y)