West New York Portfolio

· Upside Potential: 43%

· Avg Unit Size: 728 SF

· Upside Potential: 40%

· Avg Unit Size: 791 SF

· Upside Potential: 41%

· Avg Unit Size: 741 SF

Value add
43% Upside
Landlord friendly rent control - allowable $5 increases for each $100 of renovation
Buildings within minutes from each other
Security cameras throughout

5004-08 PALISADE AVE

5301-11 PALISADE AVE

5300-04 PALISADE AVE

416 53RD STREET

Value add
40% Upside
Landlord friendly rent control - allowable $5 increases for each $100 of renovation
Buildings within minutes from each other
Security cameras throughout
Tenants pay for heat, hot water, cooking gas & electric

400 52ND STREET

235 56TH STREET

303 58TH STREET

5708-14 HUDSON AVE

Value add
41% Upside
Landlord friendly rent control - allowable $5 increases for each
$100 of renovation
Buildings within minutes from each other
Security cameras throughout
Tenants pay for heat, hot water, cooking gas & electric

401 53RD STREET

330 50TH STREET

235 58TH STREET

OFFERING SUMMARY
Price	$40,755,000	Portfolio NOI	$2,058,342
Price/Unit	$195,000	Total Portfolio SF	±144,800 SF
Cap Rate	5.05%	Unit Lease Type	Rent Controlled
Portfolio Residential Units	206	Portfolio Commercial Units	3

OFFERING SUMMARY
Price	$17,550,000	Portfolio NOI	$881,835
Price/Unit	$195,000	Total Portfolio SF	±62,000 SF
Cap Rate	5.02%	Unit Lease Type	Rent Controlled
Portfolio Residential Units	81	Portfolio Commercial Units	9

OFFERING SUMMARY
Price	$13,650,000	Portfolio NOI	$704,700
Price/Unit	$195,000	Total Portfolio SF	±50,850 SF
Cap Rate	5.16%	Unit Lease Type	Rent Controlled
Portfolio Residential Units	67	Portfolio Commercial Units	3

WEST NEW YORK PORTFOLIO