This Portfolio Property consists of 202 Units in 5 Apartment Buildings containing 195 Apartments plus 7 Retail Storefronts. Totaling 192,480 Square Feet. Property Located in Brooklyn NY.

Midwood, Homecrest, Borough Park

Subject Property is Newly Built Seven Story Elevator Apartment Building Containing 25 Apartments plus 8 Parking Spaces. The Building has18,800 Total Usable Square Feet. Property is in the Bronx and is approximately 35 minutes from NYC. Built 2023. 24 (96%) of the 25 units will be Affordable Housing Units. 421A Tax Exemption - 35-year abatement that phases out in the last ten years based on the percentage of affordable units provided at the property.

Highbridge

This Property consists of Two 5 Story Walkup Brick Buildings with a Total of 67 Units consisting of 65 Large Pre-War Apartments, Plus 2 Street Level Retail Stores. Located in the Pelham Bay Section of the Bronx. Total Existing Square footage is 50,855 Square Foot with 49,249 Square Feet of residential area. Layout: 50 x 1 Bedrooms and 15 x 2 Bedrooms

1737 and 1739 Pilgrim Avenue Bronx, New York

Brand New 2009 construction, 97% Occupied, 7 Story Class A First Class Finest Luxury Concierge Elevator Brick Apartment Building Condominium Fee Simple Real Estate containing 63 Luxury Apartments with 50,788 Square Feet of Usable Residential Square Footage, plus 16 of these same units have 3,873 square feet Exterior Usable Terraces or Balconies for a Total Usable Residential Interior & Exterior 54,661 Square Feet.

Kingsbridge, Spuyten Duyvil

The property is a Newly Built Fully Vacant 7 story Elevator Building with 40 residential units. The masonry-based structure also has a cellar, 12 enclosed parking spaces, plus eight open parking spaces, for a total of 20 parking spaces. There is a 905 square foot Recreation Room on the first floor which may be rented to a Not-for-Profit Agency. Each apartment has its own (PTAC) Packaged Terminal Air Conditioner unit, which provides both heating and cooling. The property is in the Kingsbridge Section of The Bronx with unobstructed views overlooking Manhattan, The East River, the Harlem River, the Hudson River, New Jersey Palisade National Park and the Bluffs and with easy access to public transportation. Property has a total gross size of 38,047 square feet and was built in 2023.

Kingsbridge

The Property qualifies for the new 485x Tax Exemption (Upon Construction completion - 35-years (100% First 25 Years then 25% remaining 10 Years).

This Bronx multifamily is a 6 story elevator brick apartment building. 1 unit will be free market and 31 units will be part of the Augmented Tax Abatement program which provides for higher rents. Units are rented via HPD approved programs such as Housing Connect, EHV Section 8, etc. There are 2 Commercial spaces - about 5,600 sq. ft., plus Parking for 15 spaces.

Allerton