ATTRACTIVE AND UNIQUE REAL ESTATE INVESTMENT OPPORTUNITY
AREA EXPERIENCING MAJOR DEVELOPMENTS & STRUCTURAL CHANGES
WITH THE EXTENTION OF THE 2ND AVENUE SUBWAY LINE BRINGING AN
ESTIMATED FUTURE INCREASE IN LOCAL POPULATION GROWTH & WEEKLY
VISITORS IN THE 100'S OF THOUSANDS ACCORDING TO "CRAIN NEWS"
THE EAST HARLEM AREA IS EXPERIENCING A TOTAL OF 42 PROPOSED
AND OR ACTIVE DEVELOPMENT PROJECTS AT THE MOMENT AS WE
CONTINUE TO WITNESS THE GROWTH OF CULTURAL & FOOD OUTLETS.
WE OFFER FOR SALE 3 BLDGS (WALK-UP) WITH 17 MARKET & R/S APTS +2 STORES
ALL BLDGS WITH A NEW ROOF & ONE WITH A NEW BOILER VERY WELL MAINTAINED
THERE ARE 9 INDIVIDUAL FLOOR-THROUGH 1 BEDROOM APTS-1 TENANT PER FLOOR
ATTRACTIVE GOOD INCOME- EXECELLENT FUTURE UPSIDE & LOW OPRATING EXPENSES
PROPERTIES UNDERWENT TOTAL RENOVATION IN 2004-06 VERY WELL KEPT SINCE
THIS IS A RARE & LIMITED REAL ESTATE PORTFOLIO WITH FUTURE DEVELOPMENT POTENTIAL
THEIR LOCATIONS IS WITHIN EASY ACCESS TO ALL EXISTING PUBLIC TRANSPORTAION
"100 % OCCUPANCY" ----- "0% DELINQUENCY" ----- "NO VIOLATION"--