4 4 + cellar 3636 4.21% greenwich Village
21 Downing Street, New York, NY 10014 Four (4) Story Greenwich Village Mixed-Use Building | FOR SALE
4
Units
4 + Cellar
Stories
3,636
Gross SF
4.21%
Greenwich Village
Cap Rate
Location
Ariel Property Advisors presents 21 Downing Street, a four-story, 3,636 square foot, mixed-use townhouse. Located in the prime Greenwich Village Historic District, the property is situated on the north side of Downing Street between Bedford Street and Bleecker Street. Recently renovated with updated plumbing and electrical work, the building currently features three (3) floor-through rental units with new luxury grade, high-end finishes, and one (1) duplex commercial unit, which is currently utilized for professional office space and includes a conference room for optimal functionality. As part of the overall renovations, the residential and commercial units have been outfitted with personal HVAC systems. Ownership has also secured permits from the Department of Buildings for the addition of an accessible outdoor roof deck. The property, which can be delivered vacant, provides investors or owner-users with a variety of possibilities, such as converting the residential units into luxury condominiums, converting the entire building into a single-family residence, or continuing to operate the property as an income-producing asset to take advantage of residential rents in the area for similar product approaching $80 per square foot. Investors may also capitalize on the commercial component of the space of the asset as the building is surrounded by popular local parks, shops, restaurants and bars. 21 Downing Street is situated in one of the most attractive residential neighborhoods in Manhattan. The property is only a few blocks from the historic Washington Square Park and walking distance to some of Manhattan’s premier schools and cultural attractions, such as NYU’s main campus and The Cherry Lane Theatre. Located two blocks from Houston Street and West 4 Street subway stations, 21 Downing Street provides convenient access to the 1, 2, A, B, C, D, E, F and M subway lines, offering easy transportation throughout Manhattan and the outer boroughs. 21 Downing Street is a unique opportunity for either an investor or owner-user to take advantage of a turn-key, delivered vacant, mixed-use property in the heart of Greenwich Village.
Property Information Block / Lot Stories Total Number of Units Residential Units Retail Units Zoning (FAR) Lot Dimensions Lot Size Building Dimensions Building Size Assesment (16/17) Taxes (16/17)
527 / 88 4 4 3 1 R6 16.25' x 70' 1,138 16.25' x 70' 3,636 $210,446 $27,112
(2.20) Sq. Ft. (Approx.) Sq. Ft. (Approx.)
asking Price: $8,950,000 For More Information Please Contact Our Exclusive Sales Agents at 212.544.9500 I arielpa.nyc
For Financing Info
Howard Raber, Esq. x23
Paul McCormick x45
[email protected]
Victor Sozio x12
[email protected]
Shimon Shkury x11
[email protected]
Jesse Greshin x5272
[email protected]
Michael A. Tortorici x13
[email protected]
[email protected]
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any information provided herein. As an example, all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. The value of this prospective investment is dependent upon these estimates and assumptions made below, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. The prospective buyer should carefully verify each item of income, and all other information contained herein. August 1, 2016 9:42 AM
CENTRAL PARK ZOO
20
63 ST
Four (4) Story Greenwich Village Mixed-Use Building | FOR SALE
N R
7 AV
1
7
5
F M
W 3 ST
ST
W BROADWAY
ST
Spring St
21 20
20
HUDSON RIVER PARK
CANAL
1
[email protected]
Shimon Shkury x11
[email protected]
Jesse Greshin x5272
[email protected]
T ST WES
TRIBECA KLIN
FRAN
PARK AV
2 AV
3 AV
4 AV
5
1 ST Franklin St
T
[email protected] BMCC 20
1 3
Canal St
J
Z
103
CANAL ST
CHINATOWN
For Financing Info 20
22
5
Paul McCormick x45
2
ST
LITTLE ITALY
N Q Canal St
ON S
ARRIS
6
R
H Michael A. Tortorici x13 Chambers St
NELSON ROCKEFELLER
Canal St
Canal St
RY ST
VEST
Z
Bowery
Canal St
K ST
[email protected]
Victor Sozio x12
J
BROOME ST
A C E
Canal St
For More Information Please Contact Our Exclusive Sales Agents at 212.544.9500 I arielpa.nyc Howard Raber, Esq. x23
6 Spring St
GRAND ST
ST
IC VAR
asking Price: $8,950,000
N R
SOHO
2 Av
B D BroadwayLafayette St F M
Prince St
PRINCE ST
C E
G ST
SPRIN
E1S
21
SPRING ST
TON ING
P
E2S
6 Bleecker St
CHRYSTIE
Houston St
E4
103
WHOSTON ST
H WAS
0 IER 4
GREENWICH VILLAGE BLEECKER ST
E VIL
THE COOPER UNION
101 102 5
Y BOWER
N ST STO 1
WHO
Astor Pl
N R
WORTH ST
Chambers St A C [email protected] W J Z Chamber St RO
K
R PA
22
CHAMBERS ST
9 103
BROOKLYN
22
N.END AV
RIVER
5 6 The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any S information providedCITY herein. As an example,4 BRIDGE Park PARK R Place all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. City The value HALLof this prospectiveCITY HALL 3 should 2buyer ST Hall carefully verify each item of investment is dependent upon these estimates and assumptions made below, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. The prospective AY R FRAN MUR KFOR income, and all other information contained herein. August 1, 2016 9:42 AM T ST TERR
World
22
PACE
22
PL
Downing Street
21
ERICAS THE AM
PATH
AV OF
MO
6
8 St - NYU
ST JAMES
SON
N ST RTO ST OY LER
5
E9S
ST MARK
8
ST
Subject Property
HUD
8
W 4 ST
Christopher St Sheridan Sq
5
E 11
8
E 8 ST
MOTT
1
3
LA GUARDIA PL
H OP IST
R
B D F M W 4 St
8
SULLIVAN ST
T
S ER
2
2
3
WASHINGTON SQUARE NYU PARK
THOMPSON ST
1
7 AV S
ST ST WE
A C E
T 0S
1
1
15
8
LAFAYETTE ST
8
ST LES8
L 14 St Union Sq
ERRY ST
8 AV
ST
W 8 ST
L 3 Avenue
Union Sq
UNIVERSITY PL
W 9 ST
20
AR
CH
5 AV
PATH
T
PE
4 5 6 14 St
R
WIC
ST
CH
PIER 45 NY WATER TAXI
14 A 14 D
6 Av
YS RR
PATH
STUYVESANT SQUARE PARK
E 16 ST
N Q
L
HA V
W
2
3
PATH
EEN
ST 11
E 18 ST
MULB
2
1 GR
W 20
E 20 ST
101 102 103
W 14 ST 14 St
W BROADWAY
T
NE S
HU BET
GRAM
GRAMERCY PARK
1
UNION SQUARE PARK
14 St
6 AV
WES
T ST
11
ICH
Bleecker Street
3
AY
2
34
23
BARUCH COLLEGE
ADW
JA
NW
E GRE
527
1
W 17 ST
ABINGDONSO NK BA
E 24 ST
6
W 18 ST
3
T NE S
M15
23 St
FLATIRON DISTRICT
W 20 ST
7
E 29
M34A
E 28 ST
E 23 ST
5
20
L 8 Av 14 A
34 A 15
E 25 ST
23 St
14 St
14 A 14 D
KIPS BAY
N R
A C E
HIGH LINE ELEVATED PARK
88
PATH
W 16 ST
11
Carmine Street
MADISON SQUARE PARK
23 St
14 D 11
W 14 ST
101 102
103
E 26
F M W 23 ST
1
14 D
E 33 ST
6
W 26 ST
C E
W 18 ST
6
103
18 St
North side of Downing Street between Bedford Street and Bleecker Street
E3 33 ST
28 St
W 19 ST
CHELSEA PIERS
34 34 A
N R
7
E
E
$65,710
28 St
23 St
20
MURRAY HILL
$17,683
101 102
23 St
W 21 ST
$4,421
4
32
W 28 ST
11
Bedford Street
Q
4
42
E 42 ST E 41
6
BRO
3D Map / Tax Map
2
W 30 ST
FASHION INSTITUTE OF TECHNOLOGY
CHELSEA Location Map
3
$5,400
CENTRE ST
W 23 ST
PIER 63 NY WATER TAXI
1 4
BUILDING
PATH
W 32 ST
Q
32
23
23
B D F
HERALD SQUARE
28 St
W 24 ST
5
15
E 44 ST
4 5
S
5
6 AV
HIGH LINE
W 24 ST
7
Gross Operating M N Q MORGAN LIBRARY R34 St Herald Sq Expenses EMPIRE STATE
3
1
8 AV
9 AV
10 AV
11 AV
12 AV
W 25 ST
7
2
1
MADISON PENN 20 SQUARE STATION GARDEN
W 26 ST
METRO NORTH
TURT BAY
E 47 ST
$400
34 St Penn Station
W 31 ST
W 27 ST
Q
PARK AV
20
34
W 28 ST
32
Grand Central 42 St
Q
34
W 29 ST
5
32
7
W 30 ST
2
MIDTOWN MIDTOWN Management CENTRAL) (SOUTHCENTRAL) (SOUTH
34 A
W 30 ST
3
PUBLIC
42 St
Q S
103
$3,000 GRAND
CENTRAL TERMINAL
1 4
LIBRARY Legal/Miscellaneous
104
34 A 11
5 Av
101 102
101 102 103
42
42
AMTRAK
50
42 St 7 Repairs, & 7 BryantCleaning Park Maintenance NEW YORK Times Sq
42
W 31 ST
50
$5,265
LEXINGTON AV
E Monthly Lease 1 2 W 43 ST Rent Exipiration 3 W 42 ST $20,000 Delivered Vacant W 41 ST PORT ST 40 W $6,000 Vacant AUTOHORITY HELL'SW 39 ST Delivered BUS TERMINAL $5,400W 38 ST 9/30/2016 KITCHEN W 37 ST JAVITS $6,000 Delivered Vacant34 St CENTRE W 36 ST Penn Station A C W 35 ST $37,400 E W 34 ST W 34 ST $448,800W 33 ST LIRR NJ 4W 32 ST TRANSIT AMTRAK, NJ TRANSIT
F M TIMES SQUARE
$2,430
51 St
E 50 ST
ROCKEFELLER CENTER
B D Electric
E5
2 AV
Times Sq 42 St
11
AVENUE OF THE AMERICAS
Rockefeller Ctr 104
104
34 A
Lexington Av / 53 St
E M $27,112
E 53 ST
Fuel 47-50 Sts (Gas)
50
42
Q
3 AV
7 AV
8 AV 9 AV
10 AV
F M
A C
W 44 ST
Actual/ PIER 83 Projected CIRCLE LINE PIER 81Actual WORLD YACHT Actual 79 FERRIES TO PIER Actual NEW JERSEY PIER 78 Actual
B D
R W 46 ST
42 St Port Authority Bus Terminal
2
S
E5
6
6 AV
1 2 AV
11 AV
W 45 ST
N Q
MAC DOUGAL ST
FM FM FM
50
32
31 57
Insurance
49 St
W 47 ST
4
E6
Q
PARK AV SOUTH
WESTEND AV
Status
50
3
60
59 St
32
RADIO CITY
W 50 ST
AY
Store - Basement 1 2 3 Monthly Rent Annual Rent # of Units
Unit Type Comm 1 BR / 1 Bath 1 BR / 1 Bath 1 BR / 1 Bath
% of SGI W 49 ST Cap Rate
1
E6
Q
Q
4 5 6
E M 5 Av / 53 St
1
C E
50
7
5
N & Sewer MIDTOWWater
12 AV
Unit
PIER 84 NY WATER TAXI
W 53 ST
W 50 ST
Q
101 32
E 57 ST
MUSEUM OF 5 MODERN ART (16/17) Estate Taxes
Real W 53 ST
E
20 104
11
15% W 49 ST 4.21%
E 59 ST
W 57 ST
11
CLINTON
N Q R
31 57
B D 31
5
EXPENSES: (ESTIMATED)
ADW BRO
HUDSON RIVER
Schedule Income
SEA-AIR-SPACE MUSEUM PIER 86
R
W 57 ST 31 57
W 54 ST
DE WITT CLINTON PARK
E 60 ST
F57 ST
31
$448,800 ($6,732) PIER 92 $442,068 PIER 90 ($65,710) PASSENGER SHIP TERMINAL $376,358 INTREPID
R
Q N 10
10
CARNEGIE HALL
HUDSON RIVER PARK
Scheduled Gross Income: Less Vacancy Rate Reserve (1.5%): Gross Operating Income: Less Expenses: Net Operating Income:
COLUMBUS CIRCLE
W 58 ST
Lexington Av / 63 St
N Q
1
JOHN JAY COLLEGE
W 57 ST
Current Roll
Columbus
B D Circle
3
1 4
5 Av / 59 St
E6
Lexington Av / 59 St
F
POND
A C 59 St
FORDHAM UNIVERSITY
98
E 63 ST
WOLLMAN RINK
CENTRAL PARK SOUTH
W 62 ST
AMSTERDAM AV
57
E 65 ST
Y BWA
LINCOLN CENTRE
E 67
2 AV
72 66
66 St Lincoln Ctr
66
BROADWAY
W 65 ST
W 66 ST
LAFAYETTE ST
21 Downing Street, New York, NY 10014
MADISON AV
66
W 66 ST
E 68
HUNTER COLLEGE
SHEEP MEADOWN
AMERICAN FOLK ART MUSEUM1
104
PARK AV
5
MADISON AV
FREEDO
10
CHURCH ST
M PL
Y WA AD
RIVERSIDE BLVD
BRO
Hunter College
6
7
4
Units
4 + Cellar
Stories
3,636
Gross SF
4.21%
Greenwich Village
Cap Rate
Location
Ariel Property Advisors presents 21 Downing Street, a four-story, 3,636 square foot, mixed-use townhouse. Located in the prime Greenwich Village Historic District, the property is situated on the north side of Downing Street between Bedford Street and Bleecker Street. Recently renovated with updated plumbing and electrical work, the building currently features three (3) floor-through rental units with new luxury grade, high-end finishes, and one (1) duplex commercial unit, which is currently utilized for professional office space and includes a conference room for optimal functionality. As part of the overall renovations, the residential and commercial units have been outfitted with personal HVAC systems. Ownership has also secured permits from the Department of Buildings for the addition of an accessible outdoor roof deck. The property, which can be delivered vacant, provides investors or owner-users with a variety of possibilities, such as converting the residential units into luxury condominiums, converting the entire building into a single-family residence, or continuing to operate the property as an income-producing asset to take advantage of residential rents in the area for similar product approaching $80 per square foot. Investors may also capitalize on the commercial component of the space of the asset as the building is surrounded by popular local parks, shops, restaurants and bars. 21 Downing Street is situated in one of the most attractive residential neighborhoods in Manhattan. The property is only a few blocks from the historic Washington Square Park and walking distance to some of Manhattan’s premier schools and cultural attractions, such as NYU’s main campus and The Cherry Lane Theatre. Located two blocks from Houston Street and West 4 Street subway stations, 21 Downing Street provides convenient access to the 1, 2, A, B, C, D, E, F and M subway lines, offering easy transportation throughout Manhattan and the outer boroughs. 21 Downing Street is a unique opportunity for either an investor or owner-user to take advantage of a turn-key, delivered vacant, mixed-use property in the heart of Greenwich Village.
Property Information Block / Lot Stories Total Number of Units Residential Units Retail Units Zoning (FAR) Lot Dimensions Lot Size Building Dimensions Building Size Assesment (16/17) Taxes (16/17)
527 / 88 4 4 3 1 R6 16.25' x 70' 1,138 16.25' x 70' 3,636 $210,446 $27,112
(2.20) Sq. Ft. (Approx.) Sq. Ft. (Approx.)
asking Price: $8,950,000 For More Information Please Contact Our Exclusive Sales Agents at 212.544.9500 I arielpa.nyc
For Financing Info
Howard Raber, Esq. x23
Paul McCormick x45
[email protected]
Victor Sozio x12
[email protected]
Shimon Shkury x11
[email protected]
Jesse Greshin x5272
[email protected]
Michael A. Tortorici x13
[email protected]
[email protected]
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any information provided herein. As an example, all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. The value of this prospective investment is dependent upon these estimates and assumptions made below, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. The prospective buyer should carefully verify each item of income, and all other information contained herein. August 1, 2016 9:42 AM
CENTRAL PARK ZOO
20
63 ST
Four (4) Story Greenwich Village Mixed-Use Building | FOR SALE
N R
7 AV
1
7
5
F M
W 3 ST
ST
W BROADWAY
ST
Spring St
21 20
20
HUDSON RIVER PARK
CANAL
1
[email protected]
Shimon Shkury x11
[email protected]
Jesse Greshin x5272
[email protected]
T ST WES
TRIBECA KLIN
FRAN
PARK AV
2 AV
3 AV
4 AV
5
1 ST Franklin St
T
[email protected] BMCC 20
1 3
Canal St
J
Z
103
CANAL ST
CHINATOWN
For Financing Info 20
22
5
Paul McCormick x45
2
ST
LITTLE ITALY
N Q Canal St
ON S
ARRIS
6
R
H Michael A. Tortorici x13 Chambers St
NELSON ROCKEFELLER
Canal St
Canal St
RY ST
VEST
Z
Bowery
Canal St
K ST
[email protected]
Victor Sozio x12
J
BROOME ST
A C E
Canal St
For More Information Please Contact Our Exclusive Sales Agents at 212.544.9500 I arielpa.nyc Howard Raber, Esq. x23
6 Spring St
GRAND ST
ST
IC VAR
asking Price: $8,950,000
N R
SOHO
2 Av
B D BroadwayLafayette St F M
Prince St
PRINCE ST
C E
G ST
SPRIN
E1S
21
SPRING ST
TON ING
P
E2S
6 Bleecker St
CHRYSTIE
Houston St
E4
103
WHOSTON ST
H WAS
0 IER 4
GREENWICH VILLAGE BLEECKER ST
E VIL
THE COOPER UNION
101 102 5
Y BOWER
N ST STO 1
WHO
Astor Pl
N R
WORTH ST
Chambers St A C [email protected] W J Z Chamber St RO
K
R PA
22
CHAMBERS ST
9 103
BROOKLYN
22
N.END AV
RIVER
5 6 The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any S information providedCITY herein. As an example,4 BRIDGE Park PARK R Place all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. City The value HALLof this prospectiveCITY HALL 3 should 2buyer ST Hall carefully verify each item of investment is dependent upon these estimates and assumptions made below, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. The prospective AY R FRAN MUR KFOR income, and all other information contained herein. August 1, 2016 9:42 AM T ST TERR
World
22
PACE
22
PL
Downing Street
21
ERICAS THE AM
PATH
AV OF
MO
6
8 St - NYU
ST JAMES
SON
N ST RTO ST OY LER
5
E9S
ST MARK
8
ST
Subject Property
HUD
8
W 4 ST
Christopher St Sheridan Sq
5
E 11
8
E 8 ST
MOTT
1
3
LA GUARDIA PL
H OP IST
R
B D F M W 4 St
8
SULLIVAN ST
T
S ER
2
2
3
WASHINGTON SQUARE NYU PARK
THOMPSON ST
1
7 AV S
ST ST WE
A C E
T 0S
1
1
15
8
LAFAYETTE ST
8
ST LES8
L 14 St Union Sq
ERRY ST
8 AV
ST
W 8 ST
L 3 Avenue
Union Sq
UNIVERSITY PL
W 9 ST
20
AR
CH
5 AV
PATH
T
PE
4 5 6 14 St
R
WIC
ST
CH
PIER 45 NY WATER TAXI
14 A 14 D
6 Av
YS RR
PATH
STUYVESANT SQUARE PARK
E 16 ST
N Q
L
HA V
W
2
3
PATH
EEN
ST 11
E 18 ST
MULB
2
1 GR
W 20
E 20 ST
101 102 103
W 14 ST 14 St
W BROADWAY
T
NE S
HU BET
GRAM
GRAMERCY PARK
1
UNION SQUARE PARK
14 St
6 AV
WES
T ST
11
ICH
Bleecker Street
3
AY
2
34
23
BARUCH COLLEGE
ADW
JA
NW
E GRE
527
1
W 17 ST
ABINGDONSO NK BA
E 24 ST
6
W 18 ST
3
T NE S
M15
23 St
FLATIRON DISTRICT
W 20 ST
7
E 29
M34A
E 28 ST
E 23 ST
5
20
L 8 Av 14 A
34 A 15
E 25 ST
23 St
14 St
14 A 14 D
KIPS BAY
N R
A C E
HIGH LINE ELEVATED PARK
88
PATH
W 16 ST
11
Carmine Street
MADISON SQUARE PARK
23 St
14 D 11
W 14 ST
101 102
103
E 26
F M W 23 ST
1
14 D
E 33 ST
6
W 26 ST
C E
W 18 ST
6
103
18 St
North side of Downing Street between Bedford Street and Bleecker Street
E3 33 ST
28 St
W 19 ST
CHELSEA PIERS
34 34 A
N R
7
E
E
$65,710
28 St
23 St
20
MURRAY HILL
$17,683
101 102
23 St
W 21 ST
$4,421
4
32
W 28 ST
11
Bedford Street
Q
4
42
E 42 ST E 41
6
BRO
3D Map / Tax Map
2
W 30 ST
FASHION INSTITUTE OF TECHNOLOGY
CHELSEA Location Map
3
$5,400
CENTRE ST
W 23 ST
PIER 63 NY WATER TAXI
1 4
BUILDING
PATH
W 32 ST
Q
32
23
23
B D F
HERALD SQUARE
28 St
W 24 ST
5
15
E 44 ST
4 5
S
5
6 AV
HIGH LINE
W 24 ST
7
Gross Operating M N Q MORGAN LIBRARY R34 St Herald Sq Expenses EMPIRE STATE
3
1
8 AV
9 AV
10 AV
11 AV
12 AV
W 25 ST
7
2
1
MADISON PENN 20 SQUARE STATION GARDEN
W 26 ST
METRO NORTH
TURT BAY
E 47 ST
$400
34 St Penn Station
W 31 ST
W 27 ST
Q
PARK AV
20
34
W 28 ST
32
Grand Central 42 St
Q
34
W 29 ST
5
32
7
W 30 ST
2
MIDTOWN MIDTOWN Management CENTRAL) (SOUTHCENTRAL) (SOUTH
34 A
W 30 ST
3
PUBLIC
42 St
Q S
103
$3,000 GRAND
CENTRAL TERMINAL
1 4
LIBRARY Legal/Miscellaneous
104
34 A 11
5 Av
101 102
101 102 103
42
42
AMTRAK
50
42 St 7 Repairs, & 7 BryantCleaning Park Maintenance NEW YORK Times Sq
42
W 31 ST
50
$5,265
LEXINGTON AV
E Monthly Lease 1 2 W 43 ST Rent Exipiration 3 W 42 ST $20,000 Delivered Vacant W 41 ST PORT ST 40 W $6,000 Vacant AUTOHORITY HELL'SW 39 ST Delivered BUS TERMINAL $5,400W 38 ST 9/30/2016 KITCHEN W 37 ST JAVITS $6,000 Delivered Vacant34 St CENTRE W 36 ST Penn Station A C W 35 ST $37,400 E W 34 ST W 34 ST $448,800W 33 ST LIRR NJ 4W 32 ST TRANSIT AMTRAK, NJ TRANSIT
F M TIMES SQUARE
$2,430
51 St
E 50 ST
ROCKEFELLER CENTER
B D Electric
E5
2 AV
Times Sq 42 St
11
AVENUE OF THE AMERICAS
Rockefeller Ctr 104
104
34 A
Lexington Av / 53 St
E M $27,112
E 53 ST
Fuel 47-50 Sts (Gas)
50
42
Q
3 AV
7 AV
8 AV 9 AV
10 AV
F M
A C
W 44 ST
Actual/ PIER 83 Projected CIRCLE LINE PIER 81Actual WORLD YACHT Actual 79 FERRIES TO PIER Actual NEW JERSEY PIER 78 Actual
B D
R W 46 ST
42 St Port Authority Bus Terminal
2
S
E5
6
6 AV
1 2 AV
11 AV
W 45 ST
N Q
MAC DOUGAL ST
FM FM FM
50
32
31 57
Insurance
49 St
W 47 ST
4
E6
Q
PARK AV SOUTH
WESTEND AV
Status
50
3
60
59 St
32
RADIO CITY
W 50 ST
AY
Store - Basement 1 2 3 Monthly Rent Annual Rent # of Units
Unit Type Comm 1 BR / 1 Bath 1 BR / 1 Bath 1 BR / 1 Bath
% of SGI W 49 ST Cap Rate
1
E6
Q
Q
4 5 6
E M 5 Av / 53 St
1
C E
50
7
5
N & Sewer MIDTOWWater
12 AV
Unit
PIER 84 NY WATER TAXI
W 53 ST
W 50 ST
Q
101 32
E 57 ST
MUSEUM OF 5 MODERN ART (16/17) Estate Taxes
Real W 53 ST
E
20 104
11
15% W 49 ST 4.21%
E 59 ST
W 57 ST
11
CLINTON
N Q R
31 57
B D 31
5
EXPENSES: (ESTIMATED)
ADW BRO
HUDSON RIVER
Schedule Income
SEA-AIR-SPACE MUSEUM PIER 86
R
W 57 ST 31 57
W 54 ST
DE WITT CLINTON PARK
E 60 ST
F57 ST
31
$448,800 ($6,732) PIER 92 $442,068 PIER 90 ($65,710) PASSENGER SHIP TERMINAL $376,358 INTREPID
R
Q N 10
10
CARNEGIE HALL
HUDSON RIVER PARK
Scheduled Gross Income: Less Vacancy Rate Reserve (1.5%): Gross Operating Income: Less Expenses: Net Operating Income:
COLUMBUS CIRCLE
W 58 ST
Lexington Av / 63 St
N Q
1
JOHN JAY COLLEGE
W 57 ST
Current Roll
Columbus
B D Circle
3
1 4
5 Av / 59 St
E6
Lexington Av / 59 St
F
POND
A C 59 St
FORDHAM UNIVERSITY
98
E 63 ST
WOLLMAN RINK
CENTRAL PARK SOUTH
W 62 ST
AMSTERDAM AV
57
E 65 ST
Y BWA
LINCOLN CENTRE
E 67
2 AV
72 66
66 St Lincoln Ctr
66
BROADWAY
W 65 ST
W 66 ST
LAFAYETTE ST
21 Downing Street, New York, NY 10014
MADISON AV
66
W 66 ST
E 68
HUNTER COLLEGE
SHEEP MEADOWN
AMERICAN FOLK ART MUSEUM1
104
PARK AV
5
MADISON AV
FREEDO
10
CHURCH ST
M PL
Y WA AD
RIVERSIDE BLVD
BRO
Hunter College
6
7
