IP 320 EAST 11TH STREET Two 4-Story SRO Buildings in Prime East Village Delivered Mostly Vacant ±6,585 SF GROSS SF 3.6% CAP RATE $369,842 NOI PROPERTY INFORMATION ADDRESS 320 East 11th Street, New York, New York 10003 LOCATION BOROUGH LOT SIZE BUILDING SIZE FM AS BUILT ZONING Between First & Second Avenues Manhattan BLOCK/LOT 452/23 25' x 94.75' LOT SF ± 2,369 SF Front building: 25' x 35' BUILDING SF ± 6,585 SF Rear building: 25' x 44' 2.78 MAX FAR 4 R8B AIR RIGHTS ± 2.890 SF DESCRIPTION Two 4-story SRO buildings front and rear on the same lot containing 28 single room units plus one store. Both buildings share a common courtyard. 19 of the units have private toilets, and 8 have private showers. Building can be delivered vacant except for 3 permanent tenants, and the store which expires 1/31/2020. FINANCIAL INFORMATION GROSS INCOME EXPENSES NOI CAP RATE ['faceted $498,504 $128,662 $369,842 3.6% REMARKS • Prime East Village location • Short walk to subway • Walk to shopping/restaurants/nightlife ASKING PRICE: $10,250,000 C /sow els. es .1 so s 'N. / it.' itsw stair town et. 'site o mi., sr Yctk 1.1,,nury 0 I e ne. C 0 ' 4,, "Ana., fp. en. at. (AY EASTERN CONSOLIDATED W. 355 Lexington Avenue I New York, NY 10017 I 212.499.7700 I Facsimile 212.499.7718 I rfinsab” mtiraraNfer is trim truce ceemea ratase bs. v siefict tocrrir. coisierls. charge at rice aciersis ati othadoalimthaut prix notices ar time. IPP/K12518) EFTA00794902

320 EAST 11TH STREET I P Two 4-Story SRO Buildings in Prime East Village Delivered Mostly Vacant PROJECTED INCOME PLOT PLAN PROJECTED RESIDENTIAL INCOME $445,032 COMMERCIAL INCOME $53,472 TOTAL INCOME S498.504 1 EXPENSES R.E. TAXES (17/18) $62.562 WATER & SEWER $5.100 FUEL - OIL BURNER $16.000 INSURANCE $20,000 ELECTRIC $16.000 REPAIRS & MAINTENANCE $9.000 TOTAL EXPENSES SIM NET OPERATING INCOME PROJECTED NOI $369,842 , en auras. ... 4 • 4 0 44 44 .11 • • is p a 68* T. 44 a - of it il R R t -4. .41mata till A .! ...t11) 411 0t:4 MIp o 4 4 i . , I S 0 0 • 1 . • n Ilt• ei ir • It *PAULL 0, 11 la R • i I :eV. • • A 4 .t s 'CAMEOS* INC ME an 0 C.C4 nu " 4 0 0 • 4 • • • 8 • • ! • V S % • • tv 4 o0 401 V if . 0 1 OS a O 0 V . at HALLWAY BATHROOMS - FRONT BUILDING 2ND FLOOR 3 pc Bathroom 3RD FLOOR Toilet. Sink. Separate Shower HALLWAY BATHROOMS - REAR BUILDING 1ST FLOOR 2ND FLOOR 3 pc Bathroom Shower 4TH FLOOR None 3RD FLOOR Shower 4Th FLOOR Toilet, Sink, Separate Shower ASKING PRICE: $10,250,000 EASTERN CONSOLIDATED 'AV, 355 Lexington Avenue I New York, NY 10017 I 212.499.7700 I Facsimile 212.499.7718 I rfatabt: corrarea teen is fiat, :Lucie, cee tea (ewe Gs. 6 sJafict tearer& Cirisi)en.Chalye at free at :et-6. at AstradEaumthaut ua natix at at, bme. (PPM/12518i EFTA00794903

320 EAST 11TH STREET I P Two 4-Story SRO Buildings in Prime East Village Delivered Mostly Vacant RENT ROLL BUILDING ROOM # to 101 MONTHLY RENT LEASE END LAYOUT Front $3,200 10/30/2018 2 Bdrm, 3 pc Bath, Kitchen, Living Room Rear $925 Single room, Siik Rear 102 $1,400 Vacant - Projected Single room, Toilet/Sink Rear 103 $1,150 Single room, Toilet/Sink Rear 104 $900 Single Room, Sink Front 201 $2,250 Vacant - Projected 1 Bdrm, 3 pc Bath, Kitchen, Living Room Front 204 $300 Penn Studio, Toilet/Sink Rear 205 $1,600 Vacant - Projected Single Room, 3 pc Bathroom Rear 206 $2,100 Single room, Toilet/Sink Rear 207 $1,300 Single Room, 3 pc Bathroom Rear 208 $1,200 Single Room, 3 pc Bathroom Front 301 $900 Single Room, Sink Front 302 $200 Penn Single Room, Sink Front 303 $1,300 Single Room, Toilet, Sink, Kitchenette Front 304 $216 Penn Studio, Toilet, Sink, Kitchenette Front 305 $1,300 Vacant - Projected Single Room Front 306 $900 Single Room Rear 307 $1,300 7/16/2018 Single Room, Toilet, Sink Rear 308 $1,200 Single Room, 3 pc Bathroom Rear 309 $2,100 Single Room, Toilet Rear 310 $1,400 Vacant - Projected Single Room, Toilet/Sink Front 401 $800 Single Room Front 402 $2,195 Studio, 3 pc Bathroom, Kitchenette Front 403 $2,600 1 Bedroom, 3 pc Bath, Living Room, Kitchen Rear 406 $1,250 Single Room, 3 pc Bathroom Rear 407 $1,000 Single Room, Sink Rear 408 $900 Single Room, Toilet/Sink Rear 409 $1,200 Vacant - Projected Single Room, Sink Front Jewelry Store $4,456 1/31/2020 ASKING PRICE: $10,250,000 EASTERN CONSOLIDATED 'AI 355 Lexington Avenue I New York, NY 10017 I 212.499.7700 I Facsimile 212.499.7718 I rtamai»i ocrrared refer is !rem saran deemed (0We b.r. a s.oecl to urns cosines. chaige el prre actem.a. aid v.attrawal-Aahaul pox nobceS ary byre. (AP,P/12518.1 EFTA00794904