413-423 Avenue C

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Value-Add Opportunity

20 Residential Units
• 3 Commercial Units
• 100% Free Market
• 6.72% Cap Rate
• 30% Upside

Building Highlights

• 23 Total Units
• 4 Storage Units at 423 Avenue C
• 9 Renovated Units
• New Windows in Renovated Units
• Cameras throughout the building
• Sprinklers throughout the building
• Separately Metered
• Tenants pay cooking gas, electric heat and hot water
• Landlord pays water/sewer and common area electric

Convenient Transportation

• The buildings are approximately a 10-minute walk to the 22nd Street light rail stop which provides a 23-minute trip to Manhattan via the PATH Train.