For the quarter ending 2026-03-31, NEN made $24,161,127 in revenue. -$3,907,672 in net income. Net profit margin of -16.17%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenues | 24,161,127 | 21,806,375.5* | 23,686,671 | 21,240,108 |
| Administrative | 1,389,306 | 813,731* | 871,135 | 667,913 |
| Depreciation and amortization | 7,965,210 | 5,788,884.5* | 7,374,701 | 4,474,748 |
| Management fee | 915,818 | 848,021* | 908,425 | 834,431 |
| Operating | 5,183,820 | 4,702,098.5* | 1,601,327 | 1,704,150 |
| Renting | 456,340 | 247,806.5* | 488,217 | 256,198 |
| Repairs and maintenance | 3,301,085 | 2,815,250.5* | 4,587,034 | 3,481,815 |
| Taxes and insurance | 3,453,366 | 2,853,360.5* | 3,111,531 | 2,757,280 |
| Property impairment | - | 100,000* | - | - |
| Total expenses | 22,664,945 | 18,169,152.5* | 18,942,370 | 14,176,535 |
| Income before other income (expense) | 1,496,182 | 3,637,223* | 4,744,301 | 7,063,573 |
| Interest income | 116,134 | 633,453* | 36,981 | 737,413 |
| Interest expense | 5,712,327 | 4,207,690.5* | 5,449,905 | 4,136,156 |
| Income from investments in unconsolidated joint ventures | 343,302 | 526,191* | 146,795 | 485,051 |
| (loss) on sale of real estate | -150,963 | - | - | - |
| Total other income (expense) | -5,403,854 | -3,048,046.5* | -5,266,129 | -2,913,692 |
| Net income | -3,907,672 | 589,176.5 | -521,828 | 4,149,881 |
NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP (NEN)
NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP (NEN)