2 BUILDING PORTFOLIO OPPORTUNITY

• 2 Building Portfolio
• 66 Units
• 6.51% Cap Rate
• 8.4% Projected Cash-on-Cash
• $170K Price Per Unit

BUILDING HIGHLIGHTS

• Brick Buildings
• Just under 10 Year Ownership
• Strong Unit Mix – 1, 2 and 3 Bedroom Units
• Laundry in Basement – 44th St
• 522 19th St – Tenants pay for heat, hot water and electricity
• 318-322 44th St – Tenants pay for cooking gas and electric

CONVENIENT TRANSPORTATION

• 522 19th St is approximately an 8-minute walk to the Palisade Ave at Highpoint Ave/22nd St bus stop, providing a 10-minute trip into Midtown Manhattan.
• 318-324 44th St is approximately a 3-minute walk to the Park Ave at 43rd Street bus stop, providing a 10-minute trip into Midtown Manhattan.