Vacant Units Delivered: Six (6) of the Twenty-Seven (27) Residential Units Delivered Vacant at Closing provides immediate value-add opportunity for a new owner to reposition units.
Upside Potential: Strong In-Place Cash Flow with Significant Upside Potential as Units 1, 2, 5, and 6 have been owner-occupied since 1971, presenting substantial rental upside upon vacancy or repositioning.
Generational Opportunity: First Offering in Over 50 Years is a rare opportunity to acquire a generationally held asset that has not traded in more than half a century.
Well Maintained: Exceptionally Maintained Building with ownership demonstrating consistent care and maintenance of the property over decades.
Prime Transit Access: Excellent Transportation Access conveniently located near multiple subway lines including the B, D, J, N, Q, R, W, Z, and 6 trains, providing easy connectivity throughout New York City.