INVESTMENT HIGHLIGHTS

VALUE ADD OPPORTUNITY:

• 21 Units – 12 Apartments + 9 Commercial
• 10 Parking Spots Not Being Charged For
• 37% Upside
• 6.18% Cap Rate
• 10.09% Pro Forma Cap Rate

BUILDING HIGHLIGHTS:

• 10 Parking Spots
• Brick Building
• Separate Boilers
• New Boiler – Updated 2025
• Tenants Pay for Heat, Cooking Gas & Electric
• Landlord Pays for Hot Water, Common Area Electric & Water/Sewer

CONVENIENT TRANSPORTATION:

• The building is directly in front of Main Ave at Prescott Ave Bus Stop which provides a 50-minute trip into Midtown Manhattan