Value-Add Opportunity

• 31 Units
• 34% Upside
• 6.41% Cap Rate
• $186K Price Per Unit

Building Highlights

• Brick Building
• Renovated Units
• Laundry in Basement
• New Water Heater & Boiler Replaced in 2025
• Separately metered units
• Tenants pay for cooking gas & electric
• Landlord pay for water/sewer, common area electric, heat, & hot water
• Prime Location in McGinley Square

Convenient Transportation

• The building is approximately a 2-minute walk to the JFK Blvd at Kensington Ave bus stop which provides a 20 minute ride to Manhattan via the PATH train.