Name | Value |
---|---|
Revenues | 34.9M |
Cost of Revenue | 22.7M |
Gross Profit | 12.2M |
Operating Expense | 3.1M |
Operating I/L | 9.0M |
Other Income/Expense | -11.9M |
Interest Income | 0.0M |
Pretax | -2.9M |
Income Tax Expense | -1.8M |
Net Income/Loss | -1.1M |
Clipper Realty Inc. (NYSE: CLPR) is a real estate company specializing in acquiring, owning, managing, operating, and repositioning multifamily residential and commercial properties in the New York metropolitan area, particularly in Manhattan and Brooklyn. The company generates revenue through rental income from its residential and commercial properties, as well as through property management and repositioning services. With a focus on the New York market, Clipper Realty Inc. leverages its expertise to maximize the value of its real estate assets and provide attractive living and working spaces for its tenants.