Prime Multi-Family Buildings for Sale in Flushing REDUCED PRICE $14,200,000

Home , Broadway station (LIRR), Flushing Cemetery, Q72 (New York City bus)

35-86 164th Street 35-91 163rd Street 163-07 Crocheron Avenue 163-09 Crocheron Avenue BUILDING FEATURES , 52 RESIDENTIAL APARTMENTS • 32 ONE-BEDROOMS • 16 TWO-BEDROOMS • 4 THREE-BEDROOMS , TREMENDOUS UPSIDE DUE TO MAJORITY OF PREFERENTIAL RENTS - SEE FINANCIALS PAGE , UPGRADED BOILERS - 8 YEARS AGO - TWO BOILERS FOR EACH BUILDING , UPGRADED HOT WATER HEATERS - 8 YEARS AGO , CHANGED HEATING SYSTEM FROM STEAM TO HOT WATER , ALL NEW RADIATORS & THERMOSTATS - EACH APARTMENT CONTROLS THEIR OWN THERMOSTAT , UPGRADED KITCHENS AND BATHROOMS , TURNKEY CONDITION , ONE BLOCK FROM LIRR - PORT WASHINGTON LINE AT BROADWAY STATION PROPERTY OVERVIEW

ADDRESSES 35-86 164th Street 35-91 163rd Street 163-07 Crocheron Avenue 163-09 Crocheron Avenue CITY, STATE, ZIP Flushing, NY, 11358 BLOCK/LOT 5283/1 LOT DIMENSIONS 211' x 100' LOT SIZE 21,170 SF BUILDING CLASS Over Six Families without Stores (C1) BUILDING DIMENSIONS 31' x 74' (each) 163RD ST 164TH ST STORIES 4 BUILDINGS ON LOT: 4 TOTAL BUILDING SIZE: 36,260 SF (combined approx.) 5283 ZONING R5B 1 FAR AS BUILT 1.71 MAX FAR 2.00 ASSESSED VALUE $2,018,250 RE TAXES $185,000 CROCHERON AVE FINANCIALS (1/3) - TREMENDOUS UPSIDE DUE TO MAJORITY OF PREFERENTIAL RENTS REVENUE

35-86 164TH STREET 35-91 163RD STREET LEGAL LEGAL PREFERENTIAL PREFERENTIAL LEGAL LEGAL PREFERENTIAL PREFERENTIAL UNIT SIZE LXP MONTHLY ANNUAL MONTHLY ANNUAL UNIT SIZE LXP MONTHLY ANNUAL MONTHLY ANNUAL RENT RENT RENT RENT RENT RENT RENT RENT

BSMT 3 BR 11/30/21 $2,238.50 $26,862.00 $1,928.50 $23,142.00 BSMT 3 BR 6/30/21 $2,566.64 $30,799.68 $1,950.00 $23,400.00

1A 2 BR 7/31/21 $2,199.62 $26,395.44 $1,845.00 $22,140.00 1A 2 BR 5/31/21 $2,417.78 $29,013.36 $1,700.00 $20,400.00

1B 1 BR 6/30/21 $1,924.88 $23,098.56 $1,537.50 $18,450.00 1B 1 BR 1/31/21 $1,308.26 $15,699.12 $1,295.71 $15,548.52

1C 1 BR 1/31/21 $1,210.11 $14,521.32 $1,198.13 $14,377.56 1C 1 BR 12/30/20 $2,273.82 $27,285.84 $1,750.00 $21,000.00

2A 2 BR 4/30/21 $1,604.68 $19,256.16 $1,588.80 $19,065.60 2A 2 BR 12/31/21 $2,674.07 $32,088.84 $1,870.62 $22,447.44

2B 1 BR 11/30/20 $2,206.79 $26,481.48 $1,750.00 $21,000.00 2B 1 BR 10/31/22 $1,700.00 $20,400.00 $1,700.00 $20,400.00

2C 1 BR 4/30/21 $1,385.69 $16,628.28 $1,371.98 $16,463.76 2C 1 BR 10/31/21 $2,506.84 $30,082.08 $1,640.00 $19,680.00

3A 2 BR 7/31/21 $2,499.90 $29,998.80 $1,947.50 $23,370.00 3A 2 BR 3/31/21 $2,943.22 $35,318.64 $1,950.00 $23,400.00

3B 1 BR 6/30/21 $1,823.57 $21,882.84 $1,775.00 $21,300.00 3B 1 BR 10/31/22 $3,072.63 $36,871.56 $1,700.00 $20,400.00

3C 1 BR 7/31/21 $2,034.05 $24,408.60 $1,563.12 $18,757.44 3C 1 BR 6/30/22 $2,822.08 $33,864.96 $1,674.75 $20,097.00

4A 2 BR 3/31/21 $2,651.16 $31,813.92 $1,900.00 $22,800.00 4A 2 BR 8/31/22 $1,316.85 $15,802.20 $1,316.85 $15,802.20

4B 1 BR 2/28/22 $1,361.92 $16,343.04 $1,355.24 $16,262.88 4B 1 BR 2/28/22 $2,862.58 $34,350.96 $1,589.00 $19,068.00

4C 1 BR 8/31/22 $1,804.08 $21,648.96 $1,511.87 $18,142.44 4C 1 BR 2/28/22 $2,415.42 $28,985.04 $1,768.00 $21,216.00

TOTAL: $24,944.95 $299,339.40 $21,272.64 $255,271.68 TOTAL: $30,880.19 $370,562.28 $21,904.93 $262,859.16 FINANCIALS (2/3) REVENUE

163-07 CROCHERON AVENUE 163-09 CROCHERON AVENUE LEGAL LEGAL PREFERENTIAL PREFERENTIAL LEGAL LEGAL PREFERENTIAL PREFERENTIAL UNIT SIZE LXP MONTHLY ANNUAL MONTHLY ANNUAL UNIT SIZE LXP MONTHLY ANNUAL MONTHLY ANNUAL RENT RENT RENT RENT RENT RENT RENT RENT

BSMT 3 BR 3/31/22 $2,314.35 $27,772.20 $1,998.75 $23,985.00 BSMT 3 BR 5/31/22 $2,626.95 $31,523.40 $1,793.75 $21,525.00

1A* 2 BR 1/31/22 $2,599.08 $31,188.96 $0.00 $0.00 1A 2 BR 2/28/22 $2,499.54 $29,994.48 $1,947.50 $23,370.00

1B 1 BR 4/30/21 $2,807.54 $33,690.48 $1,674.75 $20,097.00 1B 1 BR 5/31/21 $1,335.50 $16,026.00 $1,335.50 $16,026.00

1C* 1 BR 9/30/21 $1,869.44 $22,433.28 $0.00 $0.00 1C* 1 BR 12/31/21 $1,293.37 $15,520.44 $1,293.37 $15,520.44

2A 2 BR 6/30/22 $3,179.52 $38,154.24 $1,845.00 $22,140.00 2A 2 BR 12/31/20 $2,575.62 $30,907.44 $1,900.00 $22,800.00

2B 1 BR 2/28/21 $2,942.55 $35,310.60 $1,500.00 $18,000.00 2B 1 BR 10/31/21 $3,022.66 $36,271.92 $1,640.00 $19,680.00

2C 1 BR 3/31/21 $1,896.91 $22,762.92 $1,760.00 $21,120.00 2C 1 BR 9/30/21 $4,028.55 $48,342.60 $1,460.62 $17,527.44

3A 2 BR 5/31/21 $1,893.65 $22,723.80 $1,890.00 $22,680.00 3A 2 BR 12/31/21 $2,496.25 $29,955.00 $1,922.00 $23,064.00

3B 1 BR 3/31/21 $4,188.20 $50,258.40 $1,750.00 $21,000.00 3B 1 BR 4/30/22 $2,499.72 $29,996.64 $1,640.00 $19,680.00

3C 1 BR 2/28/21 $2,378.02 $28,536.24 $1,750.00 $21,000.00 3C 1 BR 3/31/22 $2,882.08 $34,584.96 $1,750.00 $21,000.00

4A 2 BR 3/31/21 $1,271.20 $15,254.40 $1,258.62 $15,103.44 4A 2 BR 8/31/22 $2,860.80 $34,329.60 $1,973.12 $23,677.44

4B 1 BR 7/31/22 $3,187.05 $38,244.60 $1,537.50 $18,450.00 4B 1 BR 2/28/22 $2,512.08 $30,144.96 $1,588.75 $19,065.00

4C 1 BR 1/31/22 $3,075.00 $36,900.00 $1,640.00 $19,680.00 4C 1 BR 9/30/21 $1,799.66 $21,595.92 $1,640.00 $19,680.00

TOTAL: $33,602.51 $403,230.12 $18,604.62 $223,255.44 TOTAL: $32,432.78 $389,193.36 $21,884.61 $262,615.32

*Super/Porter *Rent Controlled FINANCIALS (3/3)

W 110th S Bronx Kill Bronx Whitestone Br Port Morris North Kings Point Plandome Heights t 7th Ave Brother 278 T Long Island Sound Great Neck Park Ave h

Island r 149th P Lenox Ave o Grist Mill Pond

149th S g E 116th S 1 48th S s County Park l W 147th COMBINED REVENUE NET OPERATING INCOME N Plandom t t t e P South l c East Garden City 1st Ave g k roadway Francis Lewis Park Harlem Brother 150th B Saddle Rock

r t M e E Shore g

Meer alba D S Central Park Thomas Island Whitestone Exp4th Av GROSS MONTHLY INCOME $83,666.80 e e t W 97th St r 5th Av 6th Av 161st S $1,004,001.60 GROSS REVENUE:r e 7th Av 9th Ave S e Randalls Hermon A Macneil 10th Ave R

e h FDR D 9th Av d Park t Fort Totten 7 8th Ave 9th Ave Saddle Rock Estates 5th Ave Lax Av 2 y t 1t W 96th S Island Park E a s t R i v e r Park 11th Ave S Kensington h E 106th S Beechhurst t 295 Military 12th Ave 6 e 5th Ave North Dr 9th Ave 6 GROSS ANNUAL INCOME $1,004,001.60 117th S Boulevard 1 6th Ave 12th Av e ($379,535.28) t t LESSs EXPENSES: 7th Ave Center Dr 10th Av 12th Rd Reservation Harbor Hills

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S t S t Cre S Rikers Island S n 13th Ave h i h Malba h t t h

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t S t h 20th Ave t Clearview Exp Rikers Island Br 6 t Golf Course 678 19thAv 6 e e 26th S 20th Rd e 1 v y Central Park Mill Rock 22nd Rd 20th Ave 20th Ave d l Russell Gardens t 21st Ave 20th Rd 23rd Av 24th A t t Clintonv t t 20th Ave Bay Terrace

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h t t t d 21st Ave h h REAL ESTATE TAXES t s r t t 79th St Shore Blv 23rd Ave 9 20th Rd Shopping 9 1 ille 3 22nd Ave S r Steinway P 5 8 2 e d

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S 2 S S 23rd Ave e 21st R Grosvenor St 23rd Dr S d 27th Av d t S 07t S 206th d Astoria t h d 5th Ave h 205 h t

t h 21 214th P 23rd Te 42nd S t h Beverly R t 6 t 3 23rd Av 28th R 43rd S 0 h 4 24th Av e 8 2 0 4 e S 2 0th Pl 2 204th S e th S y 2 1t 3 Crescent S 1 1 22nd Av Northern Blv Manhattan 24th Av 31st S 1t S t Manor Rd 1 E 84th St Park t 1 r 24th Av 23rd Ave 216t North Sho e t 213t e t 24th R S $14,200,000 t 24th R 45th St 212th S l d 211th t 215t Carl Schurz t 25th Ave e h S Russell Gardens t 32nd 25th Rd t Lak University h St 215th St t $5,037.59 Bayside Bell Blv t d ELECTRIC 25th Rd 24th Av e 2 Fresh Meadow d 2nd S e 1 h t 24th S 24th Rd D Park t d t 3rd S 0th S S 25th Dr 28th Ave d P Arleigh R d evill Hospita La Guardia Airport t E 79th S t t 36th S v 26th Av t y 14th S l l Park Av 4th S 23rd Ave Memorial 25th Ave t t 24th R 2 n t 25th R t e th R Country Club i 141st S Utopia Pk 09th P 37th S B Park L 1st S 14th Pl Av t 214th S 9 26th St n t e t Oak Ln Sand Hill R 3 University Gardens e Rd 9th S t 33rd S 26th Ave 25th Ave 27th S d d d 38th S s Field 26th Ave 25th Dr u 26th Ave Hoyt Ave 27th S 23rd Rd d John Golden Ridge R t n 2nd Ave 12th S t 27th Ave 27th Ave 35th S 19th Av 28th Av m 28th S o l Morgan S t 27th Ave 26th Ave d

t s m Steinway St e 208th t Park 26th Rd 41st St Bowery Bay Blvd r 2 Forest R t 29th S 28th Ave 201st 02nd o 8th St U d a 28th Ave 27th Ave 33rd Ave r t Steinway 30th Ave Cr t 22nd St 42nd S l P t 200th S mer S t 81st S y Jorda Parsons Beach 249th S e t y 28th R t Raymond t S $54,697.69 t College Point Blv 29th Ave St Crocheron e 23rd S HEAT/HOT WATER 43rd St S t

S Murray L

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31st St 1 29th Rd t 33rd Rd

h La Guardia Rd 5 5 Bay S 28th Av t 3 n S Mo Connor Ditmars45th Blv S t 29th Ave

t 29th Ave 2 6

t Park 39th Ave 8 t

30th Ave 9 t e 150th S 169th S Deepda 164th S

t Linden P 42nd Av n 1

t S t 3 167th S h t 43rd Av S

d t 168th r

Manhattan Island e 46th St 1 Bayside Av h Field Crescent St t 31st R t S d

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80th St t d S 38th D Golf Clu

u d 47th S 76th S 153

78th S 3 2 t Depew Ave 77th S Corbett R r N Service R 73rd St e

1 26th Ave d 93rd St 75th S 2 Far 146t Astoria 48th S r Park S Willow Dr M a 30th 1 l

72nd S 74th S rd S rd d e d 31st Dr e y 163r 30th Av aratho 213th 219th r t t 28th St 49th St 166th S n R 29th St i 32nd Av S 218th St 71st St 90th St 31st Av Whitestonengton Exp S h S St 2 d t t e t 32nd Av 21 170th S t t d t 7 495

216t 248th S 1l t Astoria Blvd S t d D 215 42nd Ave 30th Dr 79th S 1 7th t 4 215th S n Pk t S 30th t h o e t 99th S 7 208th S S 27th S t 21 $1,800.00101st S S Service Park Ave d w 247th S Gaskell R 100th S 5 t Douglaston t h St t EXTERMINATOR h th P Little Neck Pk t n e 36th Ave 4th Pl 31st Ave 33rd S 278 2 33rd Av 35th Av y 23rd Ave 98th St t 28th Rd ing S S 97th S P 2 Ditmars Blv 1 29th Ave t t t 95th S 205th S t 34th S t 09th S e d 34th Ave t Leith S 43rd Av 92nd S 212th S l t Zion 31st t t 91st St S t t t 94th S 211th S 35th S Grand CentralDitmars Blv Pky d t t Brooklyn Queens Ex t t 222nd S th R e 88th S r 37th St t t 2 3 Rd t v

3 S Rainey P 254th S 1st Dr 2 t 202 10th d 36th S 87th St Lei t t t A 2 t t 6th S 01st S t 34th Ave 1 23 l 85th S t 35th Ave t 2 E 66th St 1 S 200th 4 203rd S e y t 154th t 83rd S l t t S 04th 5t 41st St t nd 15 t t Grand Central Pky 9 h h S s Jordan S t

38th S 158th S t t Clearview Exp t h 23rd S 150th P S t t t Alley Cree 260th Lake Success Park Murray e S a h t d 160th S

t S t d t r t S 33rd Av Flushing h S S t t t S th S 2nd Ave t St B

t e 35th Ave 162nd S 191 t S t 164 166t d

Co e S t c Little Neck 31st St t 168th S t n t 39th Ave 43rd St 48th St 89th St t t

St Michaels City Park Butle n d t S Service R i 170t 2 42nd St 190 t

82nd St North Beach llins P r 172nd S E 65th S t S t t 32nd S 9 Curtis l t $48,500.00 S t

P 149th P 155th S S S 1 e 49th S 7th S t WATER/SEWER 80th St 221st S Ericsson Northern Blv t Nassau Blv t t r S e th S Hanford S t 243 13th St t e d h 51st Av 44th St t Lake Success r Av Lake 15 25th Av S 9th St 45th St 78th S Gillmore St t 37th Av 161s k Little Neck Pky Cemetery S 147th S 3 Lakeville R t 81st St l 256

29th St 159 h Roosevelt Island Brg t 33 t 6 41st Ave r 167th S 71st S d S 14th S 165 e 1 52nd 10th S rd Ave 46th S 9t Success 47th St l 1 St E 60th St 30th S S t th S Hewlett S Golf Course 11th St Broadwa 24 33rd R 38th Av t t Union 16 Bell Blv t 1st Ave 84th S t East Elmhurst t 4 12th S t e 213t t d e Frank Turner th S 34th Ave 79th St Astoria Blvd 39th Av 96th S 42nd Av Borough P e t 76th St 127th Pl Barclay Av y S y h S Marath Buell S 223rd t 58th Ave 34th S 73rd S t 127th t 215th S St Bowne S 209th S 245 90th S k e d Rockefeller 33rd St t Inlet Park 3 d 220th S p e 0th Ave t e 20 35th Av 102nd S 37th Ave 1 e 30th Av 86th St t t $2,500.00100th S t on Pk 9 h St l 41st Av 8th S 218th S S LEGAL/ACCOUNT FEE S e 189th Northern Blvd 216th St t 98th S 3 2 l t 205th S t 77th St 97th S r 215th P 17t 57th Av University e t t 54th Av t d 204t t 21st St 95th S 38th Av d Franklin D Roosevelt 108th S t 203rd St y S t h St t 255th Northern Pk 20 46th Ave 60th R Steinway St Hobart St 56th P 156th S t 32nd St t 71st S t e S h S e e t y 31st St t 201s t 107th S Roosevelt Ave 2nd e 194th d e t t 41st S 30th Av 106th S t 2 y 60th Av 191 t e 190t Marcus Av l 41s Island 60th S t 45th R t 84th S 104th St t Barclay Av 2 35th St 49th St 35th Av 1 251 31st Ave 39th Ave 23 S 43rd St Ash Av 9 S 4 48th S 1 t St r e t 112th S e 240 t st S 1s t e t S 24th St 6 61st Ave 2 A 9 t t 36th S h S S t t S n 45th D t t Oakland st 6 36th Ave u 91st St t t h

t d t th S d t t Horatio Pky 93rd St e 22nd S t Sanford Av Cherry Av b S 3rd Av t 89th S e t h t Flushing Cree Queensboro Brg e C 44th St t t 9th St 50th St Northern Blvd t u S

28th S t y R S 230 i 37th Av r S t t Lake r 109th S e t e t 1 46th Av 37th St n 38th St 88th St t t 10th St 14th St 85th St t 31st Av Utopia Pk

t 68th St Beech Av 72nd S h S 57th S 105th S e 32nd Ave d d 83rd S t

29th S d th l 103rd S e $52,000.00 a

11th St d l

Crescent S 58th S 80th S 41st Av 78th S t 46th R i INSURANCE 101st S l 43rd Rd 47th R S e Towers Country Club

12th St 114th S Elm Av Long Island 42nd St v t 167 47th Ave t e 168th Horace Harding Exp 13th S 99th St 41st R Parsons Blv L t 75th St Northern96th S Blvd t e e

171st S d e 169th S n e 76th St 170th S e 63rd Av 70th S William A Shea t t e 44th Av 295 t 72nd St

t 110th S 113th St 45th Av Cuny k 40th Rd t 45th Av 267th S Jewish Medical 73rd S t 45th R 92nd St t t e e 252nd t 61st Av 62nd Av t t t

t 111th S a Frame St t t t 45th S 90th S S t 1 Queens Smart St 1 t

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S e t 27 Dr 75th S d t 39th Av Av 59th Av Cross 69thIsland Av Pk 72nd Ave t 1st Ave e 42nd R 495 233rd S Little Neck Pk 268th S

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6 h t t 278 1 0th S 2 B t 6 98th S t 196 247th S t e t 1 t S t 5 Grand Ave 67th Av t Hartland Av

7 7 1 r h t s n 59th Av S t S t 73rd Av t S 6t h S S 185t Bell Blv 6t n h S St t t t t S S t t 51st Rd d S 194 h th S d h 79th S 97th P h o t t

t t t t Cemetery t 97th S d 1 e s 214 t t 9 53rd Ave s 7 5 t r r t h St 37th S Corona 63rd R 63rd Dr S 92nd GROSS MONTHLY INCOME $121,860.43 t 6 t 1 th S 6 6 212th S 85th Ave 68th Av 3 48th S 52nd Av 84th St a 58th S e 55th R r t e t S 1

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6 Beach 118t th S Beach 11 Beach Manhattan Beach S t Beac Cuny-Kingsborough Rockaway Park t Bea CommunityCollege B BUILDING PHOTOS BUILDING PHOTOS BUILDING PHOTOS BUILDING PHOTOS BUILDING PHOTOS NEIGHBORHOOD Flushing, founded in 1683, is a neighborhood in the borough of Queens, in New York City. It is bounded by Flushing-Meadows Corona Park to the west, Utopia Parkway to the east, the Long Island Expressway to the south, and Willets Point Boulevard to the north. The bordering neighborhoods include Corona to the west, College Point to the north, Murray Hill to the east, and Kew Gardens Hills to the south. However, Flushing is still part of Queens Community District 7 along with College Point, Whitestone, and Murray Hill. Flushing covers over 31 ZIP codes with a total area of 178 square miles. It breaks down into several small residential neighborhoods including the busy urban areas of Downtown Flushing and Main Street, but also quiet suburban areas like Auburndale, Waldheim, and Broadway-Flushing. Flushing has become to be known as the second largest Chinatown in NYC, with a wide array of award winning restaurants, retail, and grocery.

GROWING POPULATION Flushing’s population is 176,257. Based on race and ~2 MIN WALK TO - ethnicity, 71% are Asian, 13.1% Hispanic, 9.4% White, 3.8% Black, and 2.7% other. Queens Community District 7, in which Flushing is a part of, has a population of 53% female and 47% male. The median household income is around $51,284 which is about 16% less than citywide median household incomes. Per capita income is $27,068, about three- quarters of the amount in New York. The poverty rate, is 20% higher than the rate in New York, with 16.2% people below the poverty line compared to the 14.1% of New York overall. TRANSPORTATION STRONG RETAIL & LOCAL ECONOMY The bus service in the immediate area includes the Q12-Q17, Q20, Q44, The economy in Flushing is shaped by the strong population growth and several more. The buses not only connect Flushing to the rest of in recent years. The major transportation in downtown Flushing has Queens, but also to the Bronx up north. The 7 train is located in the heart definitely helped with the local economic development and resiliency. of Downtown Flushing, Flushing-Main Street, the last stop on that line. The area’s economy is dominated by employment in healthcare and social The 7 train line runs from Hudson Yards in Manhattan through Queens. assistance, retail trade, and accommodation and food services. Even Additionally, the is a LIRR train runs on the Port Washington line, making during recession of the mid 2000s, jobs were still being created each year it convenient to get to Penn Station from Flushing in less than 20 minutes. in the area. Small businesses are the source for many of these jobs. In the future, the LIRR will connect directly to Grand Central Terminal.

HIGH TRAFFIC INVESTMENTS Main Street in Flushing, the last stop on the 7 train, is a densely populated The Flushing West Neighborhood Planning Study aims to comprehensively neighborhood, with heavy foot and vehicle traffic. The sidewalks of Main examine current and future community needs, and identify a wide range Street have such an abundance of people walking their daily that a project of strategies and investments for Flushing West’s growth and vitality. The was designed to add a one-block bus lane and high-visibility crosswalks. Mayor’s housing plan to build and preserve affordable housing through This $7.8 million sidewalk widening project was completed in 2017. community development initiatives and to foster a more equitable and livable New York City. Housing is considered ‘affordable’ if a household spends no more than a third of its total income on housing costs.

NEARBY RETAIL CORRIDOR NEIGHBORHOOD LOCAL DEVELOPMENT Alongside the Flushing Creek, in the area once known as River Park Place a five-building complex was begun, but delayed during the recession. Janet Place, as it is dubbed, includes four 17-floor glass and brick towers sharing a common base. Nearby at 131-09 39th Avenue is a mixed-use complex that will consist of a 360-unit condominium, 200-room hotel, retail, office space, and parking. Also coming at 40-70 Delong Street & 131- 02 40th Road is 550,000 square foot development featuring two 18-story residential towers and a hotel.

MAJOR ATTRACTIONS & PARKS At Flushing Meadows Corona Park are many attractions including Citifield Stadium- home to the New York Mets, the USTA Billie Jean Tennis Center, New York Hall of Science, Queens Botanical Garden, Queens Zoo, Queens Theatre in the Park, and the Queens Museum of Art. Also in Flushing, the New Word Mall and Skyview Center are popular shopping destination. Local landmarks include the Flushing Town Hall for performing arts and jazz, Bowne House, and the unisphere at the center of Flushing Meadows Corona Park.

Sources: NYC Dept of City Planning, Localize.city and Property Shark

k a r ORCHARD Wakefield PELHAM t m BEACH Wakefield BAY A 241 St PARK WESTCHESTER 2 EASTCHESTER THE BRONX Nereid Av Eastchester 2•5 Dyre Av Riverdale 5 Woodlawn 233 St 2•5 Baychester New York City Subway Av CO-OP 5 225 St CITY h t with railroad and airport connections r • o 2 5

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LIBERTY 15 St • G FLATBUSH Beach 98 St n Q e F ISLAND t GOVERNORS A•S a Prospect Av t ISLAND S R Flatbush Av Brooklyn College Church• Q Av • 5 Beach 105 St Prospect Park B 2 FLATLANDS A•S Beverley Rd Rockaway Park 25 St Fort Hamilton Q St. George R Pkwy Cortelyou Rd Beach 116 St F•G Q A•S GREEN-WOOD Tompkinsville Newkirk Plaza WEST NEW CEMETERY • Q BRIGHTON B SNUG HARBOR Stapleton southbound PORT CULTURAL CENTER Avenue H RICHMOND • G Q FLOYD SILVER Clifton 36 St F MIDWOOD BENNETT LAKE MARINERS VS51 PARK A • • FIELD D N R HARBOR T Church Av ROCKAWAY L S81 I B MARINE PARK R Avenue J CLOVE E FOX PARK D HILLS F Q WESTERLEIGH LAKES N ROSEBANK PARK A 45 St V R SUNSET 9 Av D CASTLETON F STATEN CORNERS PARK Ditmas Av18 Av JACOB D Avenue M Grasmere Pkwy F Q RIIS ISLAND S53 53 St BOROUGH PARK TODT R D PARK Avenue I BULLS COLLEGE OF HILL Old Town Fort Hamilton 50 St Bay HEAD STATEN ISLAND S78 S79SBS F Kings• Q Hwy SIM1 SIM7 59 St D Pkwy B CHELSEA NEW Dongan Hills SIM10 SIM11 55 St SEA N•R SPRINGVILLE R VIEW Avenue N I PARK C STATEN HOSPITAL F H

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8 Av A S51 S81 N 18 Av Kings Hwy V D 20 Av Bay Ridge Av Pkwy N F 62 St Neck Rd SHEEPSHEAD New Dorp R northbound S57 S76 S86 Q BAY NEW Fort Hamilton Bay Pkwy Sheepshead• Q Bay DORP New Utrecht Av B Oakwood Heights BEACH D Kings N Avenue U LA TOURETTE S57 77 St 71 St Hwy PARK R BAY RIDGE BENSONHURST F FRESH ARDEN RICHMONDTOWN Brighton Beach KILLS HEIGHTS B•Q Bay Terrace Avenue U Avenue X BRIGHTON GREAT 79 St D KILLS 86 St N F BEACH Great Kills PARK D S54 SIM5 SIM6 R 86 St Neptune Av 18 Av 25 Av F Ocean Pkwy D D N Bay Ridge 20 Av D Q 95 St DYKER Bay 50 St Eltingville BEACH Bay Pkwy BREEZY R PARK D West 8 St POINT Annadale S55 NY Aquarium WOODROW ROSSVILLE Coney Island F•Q Huguenot Stillwell Av S55 SIM2 SIM24 D•F•N•Q CHARLESTON Prince's Bay CONEY ISLAND S55 S56 SIM25 Pleasant Plains S55 SIM26 Richmond Valley SIM26 Arthur Kill S78 Tottenville S78

CONFIDENTIALITY & CONDITIONS This is a confidential offering memorandum intended solely for your limited use and benefit in determining whether you desire to express any further interest in the purchase of 163-01 - 163-09 Crocheron Avenue, Flushing, NY, 11358.

This brochure was prepared by Greiner Maltz Investment Properties (GREINER MALTZ PROPERTY SALES LLC), the exclusive owner agent, and has been reviewed by representatives of ownership. It contains selected information pertaining to the property and does not purport to be all-inclusive or to contain all of the information which prospective purchasers may desire. It should be noted that all financial projections are provided for general reference purposes only in that they are based on assumptions relating to the general economy, competition, and other factors beyond the control of Greiner Maltz Investment Properties or owner and, therefore, are subject to material variation. Additional information and an opportunity to inspect the property and plans will be made available to interested and qualified investors. Neither owner, Greiner Maltz Investment Properties, nor any of their respective nor employees, have made any representation or warranty, expressed or implied, as to the accuracy or completeness of this brochure or any of its contents, and no legal commitments or obligations shall arise by reason of this brochure or any of its contents. All square footage measurements must be independently verified.

Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the property and/or to terminate discussions with any entity at any time with or without notice. Owner shall have no legal commitment or obligation to any entity reviewing this brochure or making an offer to purchase the property unless and until a written agreement satisfactory to owner has been fully executed, delivered, and approved by owner and any conditions to owner obligations thereunder have been satisfied or waived.

By receipt of this brochure, you agree that this brochure and its contents are of a confidential nature, that you hold and treat it in the strictest confidence, and that you will not disclose this brochure or any of its contents to any other entity without the prior written authorization of owner nor will you use this brochure or any of its contents in any fashion or manner detrimental to the interest of owner or Greiner Maltz Investment Properties.

It is essential that all parties to real estate transactions be aware of the health, liability and economic impact of environmental factors on real estate. Greiner Maltz Investment Properties does not conduct investigations or analysis of environmental matters and, accordingly, urges its clients to retain qualified environmental professionals to determine whether hazardous or toxic wastes or substances (such as asbestos, pcb’s and other contaminants or petrochemical products stored in underground tanks) or other undesirable materials or conditions, are present at the property and, if so, whether any health danger or other liability exists. Such substances may have been used in the construction or operation of buildings or may be present as a result of previous activities at the property.

Various laws and regulations have been enacted at the federal, state and local levels dealing with the use, storage, handling, removal, transport and disposal of toxic or hazardous wastes and substances. Depending upon past, current and proposed uses of the property, it may be prudent to retain an environmental expert to conduct a site investigation and/or building inspection. If such substances exist or are contemplated to be used at the property, special governmental approvals or permits may be required. In addition, the cost of removal and disposal of such materials may be substantial. Consequently, legal counsel and technical experts should be consulted where these substances are or may be present. While this brochure contains physical description information, there are no references to condition. Neither owner nor Greiner Maltz Investment Properties make any representation as to the physical condition of the property. Prospective purchasers should conduct their own independent engineering report to verify property condition. In this brochure, certain documents, including leases and other materials, are described in summary form. The summaries do not purport to be complete nor, necessarily, accurate descriptions of the full agreements involved, nor do they purport to constitute a legal analysis of the provisions of the documents. Interested parties are expected to review independently all relevant documents.

The terms and conditions stated in this section will relate to all of the sections of the brochure as if stated independently therein. If, after reviewing this brochure, you have no further interest in purchasing the property at this time, kindly return this brochure to Greiner Maltz Property Sales LLC at your earliest possible convenience. Photocopying or other duplication is not authorized. This brochure shall not be deemed an indication of the state of affairs of owner, nor constitute an indication that there has been no change in the business or affairs of owner since the date of preparation of this brochure.

Once you have expressed an offer to acquire the property and have demonstrated certain bona fides satisfactory to owner, certain further and additional information may be provided in order for you to complete your due diligence investigation; e.g. environmental reports, surveys, zoning analysis, etc. All information must be independently verified. Prime Multi-Family Buildings for Sale

EXCLUSIVE AGENT: SWAIN WEINER KIM ALIFFI PRESIDENT/PARTNER ASSOCIATE (646) 319-1084 (718) 786-5050 [email protected] [email protected] www.GREINER-MALTZ.com

© Greiner-Maltz Investment Properties. Any information set-forth herein has been obtained from sources deemed reliable, however, we have not verified it, and make no representation or warranty of any kind, including without limitation: condition: either latent or patent, size or manner of construction of the property, compliance with local law, and environmental conditions. All information submitted herein is subject to errors and omissions, and the right of our principal(s), to withdraw, modify, or condition the listing with-out prior notice. Broker cooperation encouraged.