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Bleecker Street Promises an Immediate Steady Income Stream and Unbeatable Long-Term Prospects

Bleecker Street Promises an Immediate Steady Income Stream and Unbeatable Long-Term Prospects

URBAN RETAIL 367-369 PORTFOLIO MANHATTAN Bleecker URBAN RETAIL Street PORTFOLIO

Investment Opportunity With an unbeatable location and an international credit tenant in place, the retail condominium at 367-369 promises an immediate steady income stream and unbeatable long-term prospects. Situated on the northeast corner of Charles Street, the building is a destination in an already heavily trafficked neighborhood. The 4,726-SF retail space is ideal for an elite brand—such as the current tenant, Burberry—that’s looking to make an imposing statement in one of Manhattan’s most prestigious neighborhoods. This is probably the most prominent property in this section of Bleecker Street, which is known for its high-end retail and residential tenancy. MANHATTAN URBAN RETAIL Investment Highlights Contacts PORTFOLIO

367-369 Bleecker Street is a 4,726-SF retail condominium that offers FOR MORE INFORMATION, PLEASE CONTACT the investor an exceptionally high-profile position on the ’s JEFF FISHMAN premier retail street. The building is currently home to international 212.916.3362 367-369 [email protected] luxury retailer, Burberry. Its current leasing situation gives the investor an BRIAN SEGALL Bleecker intermediate-term cash flow, with the first of two renewal options arising 212.351.9346 [email protected] in 2020. With 1,718 SF at grade, 1,035 SF of Lower Level selling space, ANDREW JACOBS Street and an additional 1,973 SF of Basement storage, 367-369 Bleecker 212.916.3397 Street provides an exceptional location in an exciting, ever-changing [email protected] neighborhood. The location is especially suitable to fashion and lifestyle GEORGE MARTINECZ 212.916.3381 retailers looking to create or reinforce brand awareness. This portion of [email protected] Bleecker Street enjoys unparalleled retail co-tenancy, with neighbors such as Alexis Bittar, Cynthia Rowley, Brunello Cucinelli, Sisley, Intermix, Sunni Spencer, James Perse, Kate Spade and many others.

n Strong credit tenant in place, providing a stable income stream n Corner location attracts motivated foot traffic n Affluent residents and tourists compose principal retail clientele n Central location in one of Manhattan’s premier neighborhoods

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E E R S E C RIVER R E O C MANHATTAN URBAN RETAIL 382-384 PORTFOLIO MANHATTAN Bleecker URBAN RETAIL Street PORTFOLIO

Investment Opportunity Prominently situated on the corner of Perry Street, 382-384 Bleecker Street is a 2,905-SF multi-tenanted retail condominium on an upscale street in the heart of the West Village. The property’s fashion-oriented tenants offer a variety of merchandise that work well with each other, enabling this asset to have a stable and diversified cash flow in the short term. The versatile nature of the retail space complements the current trend in retail towards the occupancy of smaller, more compact spaces. High-end, luxury retailers line the prestigious Bleecker Street corridor in this landmarked district. MANHATTAN URBAN RETAIL Investment Highlights Contacts PORTFOLIO

382-384 Bleecker Street is a 2,905-SF retail condominium that offers FOR MORE INFORMATION, PLEASE CONTACT the investor an excellent and eye-catching corner location along a premier JEFF FISHMAN retail street. The flexible, highly desirable retail spaces currently house 212.916.3362 382-384 [email protected] fashion tenants, and the location is ideal for the trendy, lifestyle-oriented BRIAN SEGALL Bleecker retailers that are characteristic of this neighborhood. International retailer 212.351.9346 [email protected] Michael Kors occupies a 1,050-SF Ground Floor corner space; the ANDREW JACOBS Street footwear and lifestyle brand, Havaianas, leases 567 SF on the Ground 212.916.3397 Floor as well as 564 SF in the Lower Level; and trendy fashion retailer [email protected] APC occupies 724 SF on the Ground Floor of the building fronting Perry GEORGE MARTINECZ 212.916.3381 Street. This property is located along a portion of Bleecker Street that [email protected] enjoys unparalleled retail co-tenancy, with neighbors such as Alexis Bittar, Cynthia Rowley, Brunello Cucinelli, Sisley, Intermix, Sunni Spencer, James Perse, Kate Spade and many others.

n Ideal and highly visible corner location

n Solid in-place income stream

n Central location in one of Manhattan’s premier neighborhoods EI EE EI

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Hudson Hound Bistro West SREE PERR SREE 521 Le Petit Puppy Teich Sevilla Lauren LaBell Paul Evans Delice & Sarrasin RestaurantNEW YORK,Jewelry NY 10175 Philip Marie Fedora Bar Laina Jane Diana Broussard Hao Noodle Frankies Robert T 212.916.3362Chez and Tea Marc UMA (Temp) F 212.599.3744Sardine Village Liquors BEECER SREE Ofrenda Onegin White RKF.COM Citipups Horse WXOU Bar 382-384 Waverly Restaurant Tavern Sushi Bleecker Street Stonewell Inn Swank West © 2017 ROBERT K. FUTTERMANKettle 55 Bar CRES SREE The Riviera of Fish House of Sufism & ASSOCIATES,Café LLC All information is from sources believed reliable,Duplex REEWIC SpottedSREE notEmpellon independently verified, andBar Orient Express Pig Cafè Panino thusWilfie subject & Nell to errors, omissions, Taj Jewelry Robin Rice Gallery Ivey Much and modifications such as price, Kirzhner Kaas Gusto (Temp) listing, square footage, rates and 11th Street Glass DSO SREE Cafè Works commissions. CVSAll information, estimates andpharmacy projections subject to Aria WES VSF10 Flowers SREE Upright change, market assumptions, unknown Left St. Joseph's Church Brew House facts and conditions, and future Bank The End Faherty (Pop-up) Fat Cat Leo Design New potentialities.York RKF makes no express of History Chemists Wild or implied representationsBig Gay or warranties, as factsIce and Cream results may Petite Optique vary materially Marie'sfrom all information, Clean Table Considerosity Seabird Cooper WSIOWallse SREE Sweet Corner estimates andCrisis projections. Cafè All Classics Village Patisserie Pink Pussy Cat Tertulia Restaurant & Bar Bake Shop renderings presented are conceptual. Claud Collection Apothecary Arthur's Tavern Boutique CRISOPER SREE Upholstery Hakata Tonton Music Inn Wine Bar Gallo Nero The Coffee Village Bazaar Lartusi Foundry The Via Jekyll & Hyde The Four Otheroom Anine Bing Faced Liar Smile Direct Carota Slaughtered Club Oliver's Lamb Hudson & Charles Michael Boris City Tavern The Quarter ROEPanca SREE Ginette Waller's Antique Record NY Clock & Watch Sushi Runner Isodi Samba Varsano's Tio Pepe Caudalie Chocolates Madame McNulty's Perilla Matovcu BRROW SREE Las Ramblas Zena Burrito A.O.C. Clairvoyant Loco Restaurant Jones Street Wine Pagani Jin Soon PAPAYA DOG Bleecker Nisi Street Vintage Ghandi Caffe Pizza JOES SREE Art Buvette Bantam Le Gigot Pure Bagels Seduction Blind Pearl Tiger Oyster Bar Keste The Warren Ramen kryolan CRES Thu Pa Sogood COREI SREE John's Original Jewelry Amber La Vid Wine & Spirits West Village Brick Oven Toosh Palema The Little Owl SEE EE Cones BEECERBaker SREE Village Pop & Co E E R S E C R E O C MANHATTAN URBAN RETAIL 387 PORTFOLIO MANHATTAN Bleecker URBAN RETAIL Street PORTFOLIO

Investment Opportunity Situated in the heart of the West Village, on one of Manhattan’s most picturesque and popular shopping corridors, 387 Bleecker Street offers an unparalleled value-add opportunity: a vacant but perfectly located retail condominium with a small, 480-SF floor plate (with additional Basement storage) that would be ideal for almost any type of boutique tenant and high-fashion retailer looking for an intimate, exclusive space. The building is a luxury residential duplex in the heart of some of the West Village’s most beautiful architecture, with beautiful cobbled sidewalks and trees that provide a picturesque streetscape. MANHATTAN URBAN RETAIL Investment Highlights Contacts PORTFOLIO

FOR MORE INFORMATION, 387 Bleecker Street is a 480-SF retail condominium (with an additional PLEASE CONTACT 312 SF of Basement storage) that offers the investor exceptional JEFF FISHMAN opportunity to monetize prime space in the premier retail street of the 212.916.3362 387 [email protected] West Village. Located on the block of Bleecker Street that runs BRIAN SEGALL Bleecker between West 11th Street and Perry Street, the retail condo at 387 212.351.9346 [email protected] Bleecker Street allows any retailer to make a strong statement in the ANDREW JACOBS Street heart of one of Manhattan’s most prestigious neighborhoods. The retail 212.916.3397 space is currently vacant and would be an ideal location for almost any [email protected] GEORGE MARTINECZ elite brand. This portion of Bleecker Street enjoys unparalleled retail 212.916.3381 co-tenancy, with neighbors such as Alexis Bittar, Cynthia Rowley, [email protected] Brunello Cucinelli, Sisley, Intermix, Sunni Spencer, James Perse, Kate Spade and many others.

n Versatile, Ground Floor retail space appropriate for a wide variety of uses

n Affluent residents and tourists compose principal retail clientele

n Seven-day-a-week retail market in one of Manhattan’s premier lifestyle/residential neighborhoods

n Vacant retail space offers a value-add opportunity for investors

B SREE Greenwich Village Farm Acu-Med WES Galleri4 SREE Sand Area Retail THe Pleasure Chest Bus Stop Café Hotoveli Akira The Khazana WER PCE Des Santos Bell Book & Candle Original Grahame Enfold Pop the Cork Fowler WES 11 SREE St Ambroeus Dominique Tortilla Flats SEE EE Ansel Kitchen Extra Virgin Entwine Highlands Primo 135 Julius Mémé Christopher 19 The Butcher's Agave Galway Hooker Daughter BEECER SREE RKF INVESTMENT SALES Doyle BEE SREE Three Mueser Imperial Vintner Liquor & ADVISORY SERVICESOtto's Lines & Co. I Tre Merli Tacos Jeffery Hudson Hound Sevilla Bistro West PERR SREE Restaurant Lauren Malaparte 521 FIFTH AVENUELaBell Paul Evans Bleecker387 Street FedoraNEW Bar YORK,Jewelry NY 10175 Laina Jane Frankies Chez (Temp) T 212.916.3362 DSO SREE Robert UMA Sardine Village Liquors Marc F 212.599.3744 Ofrenda White Citipups Horse WXOU Bar RKF.COM Automatic Tavern Stonewell Inn Sushi West CRES SREE Slim's Kettle 55 Bar © 2017 ROBERTThe K.Riviera FUTTERMANof Fish & ASSOCIATES, LLCCafé All information Duplex REEWIC SREE is from sources believed reliable, Empellon Bar Orient Express Cafè not independently verified, and Panino Wilfie & Nell Ivey thus subject to errors, omissions, Robin Rice Gallery Much and modifications such as price, Kirzhner Kaas Gusto (Temp) 11th Street Glass listing, square footage, rates and CVS Cafè Works commissions. pharmacyAll information, Aria VSF Flowers estimates and projections subject to Upright change, market assumptions, unknown Left Brew House WES 10 SREE Bank The End Faherty (Pop-up) facts andFat conditions, Cat and future Leo Design New York of History Chemistspotentialities. RKF makes no express Wild or implied representationsBig Gay or warranties, as factsIce and Cream results may Petite Optique vary materially fromMarie's all information, Clean Table Considerosity Cooper estimates and Crisisprojections. Cafè All WSIOWallse SREE Classics Sweet Corner Village Restaurant & Bar Bake Shop renderings presented are conceptual. Collection Apothecary Arthur's Tavern CRISOPER SREE Upholstery Hakata Tonton Wine Bar Gallo Nero The Coffee Foundry

ROE SREE MANHATTAN URBAN RETAIL Confidentiality Agreement Contacts PORTFOLIO

You (the “Customer”) have advised RKF, its affiliates, successors and assigns (collectively “RKF”) that the Customer FOR MORE INFORMATION, wishes to register as a potential purchaser of the retail condominiums located at 367-369 Bleecker Street, 382-384 PLEASE CONTACT Bleecker Street, 387 Bleecker Street, 122 , 350 West , 416 Washington Street and the commercial cooperative at 350 Bleecker Street (the “Property”). RKF has been retained by the owner of the Property JEFF FISHMAN (the “Owner”) as the exclusive broker to offer the Property for sale. The Owner has indicated that all inquiries and 212.916.3362 communications with respect to the contemplated sale of the Property be directed to RKF. All fees due to RKF in [email protected] connection with the sale of the Property shall be paid by the Owner. RKF has available for review certain information concerning the Property, including but not limited to brochures, BRIAN SEGALL offering memorandum, financial information, and other materials (collectively “Confidential Information”). As a 212.351.9346 condition to RKF’s furnishing the Confidential Information to the Customer, whether such information is furnished [email protected] by RKF, RKF’s employees, agents or representatives (including attorneys and financial advisors) (collectively, the “RKF’s Representatives”), or by Owner or any of Owner’s employees, agents or representatives, the Customer ANDREW JACOBS and its affiliates, subsidiaries, lenders and investors (whether existing or potential), partners, consultants, directors, 212.916.3397 officers, employees, agents and advisors (collectively, “Customer’s Representatives”), Customer agrees to treat the [email protected] Confidential Information, regardless of who prepared it, in accordance with the provisions of this Agreement and to take or refrain from taking certain actions herein set forth. Notwithstanding the foregoing, Confidential Information shall not include, and this agreement shall have no effect with respect to : (i) information which is or becomes GEORGE MARTINECZ publicly known other than as a result of a violation by Customer or a Customer Representative, (ii) information which 212.916.3381 is already in the possession of Customer or Customer’s Representatives or becomes known to such parties from [email protected] a source other than RKF or Owner, and which person or entity providing such information was not, to Customer’s knowledge after due inquiry, bound by a confidentiality agreement with RKF or Owner relating to the Property, or (iii) is independently developed by Customer or Customer’s Representatives without use of or reference to “Confidential Information”. 1. All Confidential Information relating to the Property which may be furnished to the Customer by RKF shall continue to be the Property of the Owner and RKF. The Confidential Information will: (i) be kept confidential by the Customer and Customer’s Representatives; (ii) be used solely by the Customer for the purpose of evaluating a potential purchase of the Property; and (iii) not be copied or duplicated without RKF’s prior written consent other than in connection with the review of same. Upon written request by RKF, Customer hereby agrees to return to RKF or at Customer’s option destroy any and all Confidential Information, provided that Customer shall be entitled to retain such of the Confidential Information as is required by internal document retention policies. 2. The Customer will not disclose the Confidential Information to any person unless RKF has approved in writing such disclosure, provided, however, that the Confidential Information may be disclosed to Customer’s Representatives, for the sole purpose of evaluating the potential purchase of the Property; it being understood that: (a) such Customer’s Representatives shall be informed by Customer of the confidential nature of such information and Customer’s responsibilities under this Confidentiality Agreement with respect thereto; and, (b) Customer shall direct and cause such Customer’s Representatives to treat such information confidentially. The Customer hereby acknowledges the confidential nature of the Confidential Information. 3. In addition, the Customer agrees that, without RKF’s prior written consent, the Customer will not, and will direct Customer’s Representatives not to, disclose to any person either the fact that investigations or discussions are taking place concerning the Property, or any of the terms, conditions or other facts with respect to the Property, or any potential transaction in connection therewith, including the status thereof. 4. The Customer understands and acknowledges that neither RKF nor the Owner make any representation or warranty as to the accuracy or completeness of the Confidential Information and that the information used in the preparation of the Confidential Information was furnished to RKF by others and has not been independently verified by Owner or RKF and is not guaranteed as to completeness or accuracy. The Customer agrees that neither RKF nor the Owner shall have any liability for any reason to Customer or Customer’s Representatives resulting from the use of the Confidential Information by Customer or Customer’s Representatives, or for any other information (whether oral or RKF INVESTMENT SALES written) provided or alleged to have been provided to Customer or Customer’s Representatives. & ADVISORY SERVICES 5. It is understood and agreed that money damages may not be a sufficient remedy for any breach of this Agreement by Customer and that RKF and Owner shall be entitled to seek specific performance or other equitable relief as 521 FIFTH remedy for any such breach. Such remedy shall not be deemed to be the exclusive remedy for Customer’s NEW YORK, NY 10175 breach of this Agreement but shall be in addition to all other remedies available at law or in equity to RKF and the Owner, provided that neither party to this Agreement shall be liable for indirect, consequential, or punitive damages. T 212.916.3362 Customer agrees that the provisions of this Agreement shall be deemed to apply, with equal force and effect, to F 212.599.3744 Customer’s Representatives, affiliates, or associates, as if such persons were a signatory hereto and that Customer RKF.COM shall be responsible for any breach of the provisions of this Agreement by Customer’s Representatives, affiliates or associates unless such parties are themselves party to a confidentiality agreement in favor of RKF or the Owner © 2017 ROBERT K. FUTTERMAN relating to the Property in which case the Customer shall have no responsibility for the compliance of such parties & ASSOCIATES, LLC All information is from sources believed reliable, with this or any other agreement. not independently verified, and thus subject to errors, omissions, 6. In the event that Customer or Customer’s Representatives receive a request or demand to disclose all or any part and modifications such as price, of the information contained in the Confidential Information under the terms of a subpoena or order issued by a court listing, square footage, rates and of competent jurisdiction or otherwise or if a request for disclosure is made by a governmental or regulatory authority, commissions. All information, Customer agrees at no cost to themselves to (i) promptly notify RKF and Owner (to the extent legally permissible estimates and projections subject to change, market assumptions, unknown to do so) of the existence, terms and circumstances surrounding such a request so that RKF and the Owner may facts and conditions, and future seek a protective order or other appropriate relief or remedy or waive compliance with the terms of this agreement, potentialities. RKF makes no express (ii) consult with RKF and Owner and their respective counsel on the advisability of taking steps to resist or narrow or implied representations or warranties, as facts and results may such request provided that Customer shall not be subjected to any liability or undue expense or burdens, and (iii) if vary materially from all information, disclosure of such information is required, disclose such information only to the extent so required. estimates and projections. All renderings presented are conceptual. MANHATTAN URBAN RETAIL Confidentiality Agreement Contacts PORTFOLIO

7. All notices, consents, requests, approvals and other communications provided for herein shall be made in writing FOR MORE INFORMATION, and shall be delivered personally, by facsimile transmission, or by first class mail, postage prepaid. Notices delivered PLEASE CONTACT personally or by facsimile transmission shall be effective upon receipt. Notices sent by first class mail shall be effective three days subsequent to the date any such notice is deposited in the mail. Notices to RKF must be sent to RKF, JEFF FISHMAN 521 Fifth Avenue, 7th Floor, New York, NY 10175, Attn: Legal. Notices to Customer shall be sent to the address 212.916.3362 provided by Customer in the signature block to the attention of the signatory. [email protected] 8. With respect to the matters contemplated herein, this Agreement constitutes the entire understanding between Customer and RKF and it supersedes all prior oral and written communications, negotiations, understandings and BRIAN SEGALL agreements. The agreement set forth in this Agreement may be modified or waived only by a separate writing by 212.351.9346 Customer and RKF expressly so modifying or waiving such agreement. No failure or delay in exercising any right, [email protected] power or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise thereof preclude any other or further exercise of any right, power or privilege. This agreement shall expire upon the earlier of one year ANDREW JACOBS from the date hereof and the date a transaction is entered into by the Customer or the Customer’s affiliates with 212.916.3397 respect to the Property. [email protected] 9. The rights, obligations and benefits hereunder shall inure to the benefit of the respective parties hereto, their successors and assigns. GEORGE MARTINECZ 10. This Agreement shall be governed by, and construed in accordance with, the laws of the State of New York 212.916.3381 without regard to principles of conflict or choice of laws. The Customer hereby irrevocably and unconditionally [email protected] submits to the jurisdiction of any court of the State of New York or any federal court sitting in the State of New York for purposes of any suit, action or other proceeding arising out of this Agreement (and Customer agrees not to commence any action, suit or proceedings relating thereto except in such courts) and agrees that service of any process, summons, notice or document by U.S. registered mail actually received by Customer at Customer’s address set forth herein shall be effective service of process for any action, suit or proceeding brought against Customer in any such court. Customer hereby irrevocably and unconditionally waives any objection to the laying of venue of any action, suit or proceeding arising out of this agreement, which is brought by or against RKF or Owner, in the State of New York, City of New York, and hereby further irrevocably and unconditionally waives and agrees not to plead or claim in any such court that any such action, suit or proceeding brought in any such court has been brought in an inconvenient forum. 11. The Customer acknowledges that the Property offered for sale is subject to withdrawal from the market, change in offering price, prior sale or rejection of any offer because of the terms thereof, lack of satisfactory credit references of any prospective purchaser, or for any other reason whatsoever, without notice. The Customer acknowledges that the Property is being offered without regard to race, creed, sex, religion or national origin. 12. The Customer stipulates that it is acting as a principal only, and is not acting as a broker, or being represented by any broker in the transaction. If Customer wishes to be represented by a broker, then Customer’s broker shall be paid by the Customer solely. Neither RKF nor the Owner will be responsible for any fees paid to the Customer’s broker. Customer hereby agrees to indemnify, defend and hold RKF, and its members, managers, officers, directors, owners, shareholders, employees, agents and independent contractors, harmless, from and against any and all damages, losses, liabilities, commissions, claims, lawsuits, judgments, costs and expenses, including reasonable attorneys’ fees, disbursements, court or arbitration costs which RKF or any of the aforesaid parties may incur as a result of any breach of this Agreement, or any claim for a commission by any broker related to the dealings with Customer for the Property, including but not limited to any executed transaction, or any negotiations.

If in agreement with the foregoing, please return an original signed copy of this Agreement. In Witness Whereof, the undersigned has caused this Agreement to be executed and delivered on the day of , 20 RKF INVESTMENT SALES & ADVISORY SERVICES NAME (print): 521 FIFTH AVENUE BY (signature): NEW YORK, NY 10175 T 212.916.3362 TITLE: F 212.599.3744 RKF.COM

PHONE NUMBER: © 2017 ROBERT K. FUTTERMAN & ASSOCIATES, LLC All information is from sources believed reliable, COMPANY: not independently verified, and thus subject to errors, omissions, and modifications such as price, FAX NUMBER: listing, square footage, rates and commissions. All information, estimates and projections subject to ADDRESS: change, market assumptions, unknown facts and conditions, and future potentialities. RKF makes no express or implied representations or EMAIL ADDRESS: warranties, as facts and results may vary materially from all information, estimates and projections. All renderings presented are conceptual. Please return all pages to Andrew Jacobs by fax (212.599.3744) or email ([email protected])