Value Add 10 Units 39% Upside 6.08% Cap Rate / 8.51% Pro Forma Cap Rate   5.57% Cash-on-Cash  Average Rent of $1,810 vs Market Rent of $2,508 ($698+ difference on turnover) Building Highlights 9 Residential Units   1 Commercial Space   One-, Two- and Three-Bedroom Apartments   18 Storage Units  New Water Heaters   Brand New Windows  Roof Replaced in 2015 & 2017   20 Security Cameras   Landlord Pays for Heat, Hot Water, Water/Sewer &  Electric  Convenient Transportation   The building is approximately an 8-minute walk to the Boulevard East at 72nd St bus stop which provides a 10-minute trip into Midtown Manhattan with direct access to NYC