4551 THIRD AVENUE, BRONX, NY 10458 Corner One Story Retail Property with Development Opportunity, Qualified Opportunity Zone Location, Across the Street from Saint Barnabas Campus| FOR SALE

3

rd

Avenue

East 184

th Street

Bathgate Avenue East 183

rd East 184 Street

th Street Saint Barnabas Hospital

39,478 C4-4D 175' BELMONT OPPORTUNITY ZONE Buildable SF w/ Inclusionary Housing Zoning Retail Frontage Location Location

PROPERTY INFORMATION PROPERTY DESCRIPTION

Block / Lot 3052 / 11 Ariel Property Advisors is pleased to present 4551 Third Avenue, a prime corner commercial property with development rights, located across the street from Saint Lot Dimensions 40' x 137.08' Barnabas Hospital in the Belmont section of the Bronx. Located on the bustling corner of Third Avenue and 184th street, 4551 Third Avenue’s Lot Size 5,483 Sq. Ft. (Approx.) C4-4D zoning provides developers with unique mixed-use possibilities. Spanning 40’ x 137’ lot size, this asset is in an Inclusionary Housing Zone, that allows for a boost in FAR if Building Dimensions 40' x 67' developed with an affordable component. The C4-4D zoning (FAR: 7.2 with inclusionary housing, 5.4 on the as-of right) provides 39,478 in total buildable square feet, with close Stories 1 to 175 feet of wraparound retail frontage.

Units 4 Given the site’s 6.5 FAR with community facility and its proximity to Saint Barnabas Hospital, the property is an ideal opportunity to develop 35,639 square feet for medical- office, life science, research or other healthcare-oriented non-profit use. The zoning Building Size 2,680 Sq. Ft. (Approx.) also allows for commercial development (FAR: 3.4) to develop office and retail space in a high foot traffic area. Zoning C4-D (R8A Residential Equivalent) Currently 4551 Third Avenue is improved is a 2,680 square foot 1-story building, which Residential Residential Community contains three retail units (two vacant). Notably, the site’s location in a newly created Inclusionary Base Floor Facility Commercial Qualified Opportunity Zone presents qualifying investors with tax benefits associated Floor Area Area with the Opportunity Zone provision in the Tax Cuts and Jobs Act of 2017. FAR 7.2 5.4 6.5 3.40 4551 Third Avenue is situated in the heart of the Saint Barnabas Hospital Campus, on a heavily trafficked area of Third Avenue. The property is located just a few blocks from Buildable SF 39,478 29,608 35,640 18,642 the famous Arthur Avenue, offering immediate access to popular eateries in the heart of (Approx. As-of-Right) The Bronx’s Little Italy. The building’s proximity to Fordham University makes it a natural destination for the area’s many students seeking quality housing options. Easy access to Tax Class 4 Manhattan is also provided by the Metro North train station located at the intersection of East Fordham Road and Webster Avenue. Assessment (19/20) $172,760 Offering scale and a great location in a rapidly appreciating neighborhood, 4551 Third Real Estate Taxes (19/20) $18,204 Avenue represents an outstanding opportunity in a rapidly up and coming Bronx neighborhood.

ASKING PRICE: $3,950,000 212.544.9500 arielpa.nyc

For More Information Please Contact Our Exclusive Sales Agents at 212.544.9500 I arielpa.nyc For Financing Info

Daniel Mahfar x99 Jason M. Gold x22 Victor Sozio x12 Shimon Shkury x11 Eli Weisblum x41 [email protected] [email protected] [email protected] [email protected] [email protected]

The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any information provided herein. As an example, all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. The value of this prospective investment is dependent upon these estimates and assumptions made below, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. The prospective buyer should carefully verify each item of income, and all other information contained herein. 21 January 2020 4:07 pm 1 3 4 5 6 7 8 9 10 2 B-L TIBBETS 52 BROOK B-L B-L 7 40 B-L B-L PARK 32 4 B-L VALENTINEL AVE B-L B-L 41 B-L 1 YONKERS B-L B-L B-L 7 53 B-L 21 20 RACEWAY 26 30 Mc LEAN AVE B-L RIVERDALE AVE B-L B-L N COLUMBUS AVE VAN CORTLAND PARK AVE 32 25 7 SHERWOOD AVE

S BROADWAY GARDEN ST

B-L 7 AVE NORTH

B-L B-L B-L 45 61 8 OAKLEY AVE B-L B-L B-L B-L 7 62 1 2 NORMAN ROCK WELL BLVD PARK AVE B-L B-L N HIGH ST 7 10 3 32 B-L B-L B-L COLLEGE OF 7 7 40 WEBSTER AVE MT ST VINCENT W 263 ST ONYKERS AVE B-L SEDGEWICK AVE 41 SAW MILL RIVER PKWY OAK ST A GRAMATANAVE E SDNEY AVE A METRO N TERRACE AVE B-L RAY BROOK RD W 262 ST CARYL AVE 4 NORTH B-L HILLVIEW KIMBALL AVE 32 MT VERNON E PROSPECT AVE FIFTHAVE B-L B-L NEW YORK STATE THRUWAY RESERVOIR 1 2 WEST B-L 55 B-L B-L PALISADE AVE B-L B-L 53 54 ELM AVE B-L HARRISON AVE 3 9 7 60 LOCKWOOD AVE DELAFIELD AVE LIEBIG AVE METRO

TYNDALL AVE NORTH FIELDSTON RD B-L SPENCER AVE HILLVIEW AVE MT VERNON HUXLEY AVE 26 STEVENS AVE METRO UNION B-L B-L EAST 60 W 260 ST 55 NORTH NORTH AVE BROADWAY PELHAM METRO NORTH S 4 AVE 1 S FR NEW ROCHELLE A McLEAN AVE S 6 AVE B-L W 259 ST KING AVE AN B-L V B-L TRANSIT 30 25 B-L B-L UNION AVE 30 KIMBALL AVE 40 41 K CENTER GLEN RD RIVER PARK WAY S 13 AVE B-L LIN 7 10 S 14 AVE RIVERDALE AVE 42 B-L S 1 AVE METRO ARLINGTON AVE 53 W DELANO AVE S 2 AVE A MAIN ST T S 3 AVE DELANO AVE 2 S S 5 AVE HUGUENOST ST NORTH W 256 ST W S 4 AVE V E 3 ST S 7 AVE RIVERDALE B-L S 8 AVE WAKEFIELD AVE WOLFS LANE 53 COX AVE S 11 AVE HENRY HUDSON PKWY METRO S 12 AVE W 254 ST B-L B-L B-L NORTH 7 42 45 B-L B-L B-L MOSHOLU AVE WAKEFIELD E 242 ST B-L 60 61 62 ALEXANDER AVE 54 W 3 ST WOODLAWNSCOTT AVE AVE PENFIELD ST S 9 AVE FIELDSTON RD VALLS AVE SYLVAN AVE BRONX RIVER PKWY Wakefield ST OUEN ST McLEAN AVE S 10 AVE W 253 ST CARPENTER 241AVE St B-L WAVE HILL E 242 ST CRANFORD AVE 42 41 W 4 ST 34 E 241 ST B-L 52

MAJOR DEEGAN EXPY E 240 ST E 241 ST S COLUMBUS AVE B-L B-L B 4 20 B B-L E 239 ST 21 PALISADE AVE BRONX BL RICHARDSON AVE W 5 ST E 238 ST B-L B-L MATILDA AVE VAN CORTLAND 25 26 VAN CORTLANDT PARKE NEREID AVE MUNDY LA PARK E 237 ST 16 S FLUTON AVE W 250 ST 16 31 BULLARD AVE VIREO AVE WHITE PLAINS RD KEPLER AVE B-L B-L ONEIDA AVE 31 EAST SANFORD BLVD 42 60 7 10 B-L B-L B-L 42 61 62 E 235 ST B-L RIVERDALE AVE NEREID AVE 54 PELHAMDALE AVE WEBSTER AVE 41 16 BAYCHESTER AVE 34 16 Nereid AVE W SANFORD BLVD MAIN ST GROSVENOR AVE B-L B-L E 233 ST 40 41 W 3 ST

MOSHOLU PKWY BROADWAY B-L WOODLAWN 16 S 5 AVE 42 41 METRO B-L W 246 ST BYRON AVE FULTON LN 55 20 VAN CORTLAND NORTH EDSON AVE W 246 ST E 236 ST PITMAN AVE W 7 ST GOLF COURSE ESPLANADE BUSSING AVE GRACE AVE ELY AVE

BRUNER AVE DIGNEY AVE

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B-L B-L ELY AVE MANHATN COLLEGE PKWY BOYD AVE 1 2 VAN CORTLAND OF MERCY BARNES AVE W KINGSBRIDGEW 8 ST RD B-L

9 MEDICAL 3 PKWY RIVER HUTCHINSON MANHATTAN MANSION SECOR LN INDEPENDENCE AVE CENTER WOODLAWN WICKHAMAV PELHAM PKWY E 233 ST COLLEGE CEMETERY EDENWALD AVE MURDOCK AVE 1 SETON AVE W 237 ST DE REIMER AVE BOSTON POST RD Van Cortlandt E 231 ST DURYEA AVE MOSHOLU 41 BELL AVE B-L Park 242 St 31 52 B-L B-L WILDER AVE W 236 ST GOLF COURSE MONTICELLO AVE AMUNDSON AVE 60 61 GREYSTONE AVE MAJOR DEEGAN EXPY B-L 16 62 W 235 ST E 229 ST 7 W 240 ST SPLIT ROCK RD RIVERDALE STRANG AVE W 238 ST BRONX RIVER PKWY WALDO AVE SECOR AVE PARK 8 C 4 C VAN CORTLANDT PARK AVE W Eastchester PROVOST AVE 1 Woodlawn BRONX BLVD 225 St E 233 ST HENRY HUDSON PKWY 3 HARPER AVE Dyre AVE MC OWEN AVEROPES AVE JOHNSON AVE 238 St GRENADA PL WEBSTER AVE ARLINGTON AVE OXFORD AVE VAN CORTLANDT PARK S MT TOM RD B-L PALISADE AVE NETHERLAND AVE E 227 ST SETON IRWIN AVETIBBETT AVE 34 16 E 225 ST 55 16 16 CORLEAR AVE FALLS LIGHT ST W 231 ST RIVERDALE AVE E 229 ST PELHAM BRIDGE ROAD LACONIA AVE PARK FAIRFIELD AVE BOSTON RD

W 230 ST EWEN E 222 ST HOLLERS AVE 1 PRATT AVE PELHAMDALE AVE INDEPENDENCE AVE PARK CANNON PL

SEDGWICK AVE BAINBRIDGE AVE E 223 ST BROADWAY WHITE PLAINS RD MAROLLA PL 1 PALMER AVE DYRE AVE BAILEY AVE 219 St CONNER ST W 231 ST 10 DE LAVALL AVE METRO ROMBOUTS AVE B-L W 234 ST E 219 ST E 225 ST 45 NORTH Mosholu 4 E 216 ST 41 NEW ENGLAND THRUWAY SPUYTEN Pkwy BIVONA ST 10 NORTH CENTRAL DUYVIL 231 St BRONXWOOD AVE 1 E GUN HILL RD 8 B-L PARK DR JOHNSON AVE 2 JEROME AVE BRONX COPLEX SCHIEFFELIN PL B-L B-L 52 60 61 10 FTINDEPENDENCE ST NEEDHAM AVE MONTEFIORE PAULDING AVE B-L 62 30 KAPPOCK ST 10 20 JEROME MOSHOLU PKWY 30 HOSPITAL BARNES AVE PARK PAUL AVE METRO E 223 ST HENRY HUDSON BRIDGE E 217 ST TILLOTSON AVE KINGSBRIDGE AVE RESERVOIR BRONX BLVD BOSTON RD NORTH 31 BOLLER AVE OLINVILLE AVE HEBREW W 205 ST WILLIAMSBRIDGE WILLETT AVE E 215 ST 30 28 WILLIAMS W 230 ST 28 55 E 213 ST HOSPITAL HEATH AVE 3 25 26 PLAYGROUND BRIDGE 9 OAKLEY ST Marble Hill 22 225 St VALENTINE EASTCHESTER RD Baychester AVE PEARTREE AVE PELHAM HARRIS NEEDHAM AVE METRO E 211 ST BAYCHESTER AVE SPLIT ROCK 1 PARK VARIAN NORTH HICKS ST HOUSE PERRY AVE GOLF COURSE MARBLEHILL HULL AVE 39 Gun Hill Rd CO-OP CITY BLVD W 225 ST RESERVOIR AVE B-L B-L 30 16 TILDEN ST 4 20 B-L B-L B-L

10 34 10 60 61 TILLOTSON AVE LOOP DREISE HUTCHINSON RIVER PKWY 21 E 206 ST B-L E 222 ST INWOOD ALLEN 62 30 BAKER LACONIA AVE HILL PAVILLION E GUN HILL RD BOSTON RD D FIELD Bedford Park Blvd 4 GRAND CONCOURSE PELHAM D 41 55 SEYMOUR AVE PARK BROADWAY BRIDGE GOULDEN22 AVE Lehman College Norwood 205 St GIVAN AVE BAY PARK KINGSBRIDGE TERR WILSON AVE CORSA AVE SEDGWICK AVE W 197 ST BEDFORD PARK BLVD WALLACE AVE 30 28 Bedford Park Blvd HOLLAND AVE BAYCHESTER AVE 7 20 ROSEWOOD ST B-L B E 204 ST FISH AVE Q-Bx ISHAM WEBSTER AVE BURKE AVE 1 28 45 PELHAM BRIDGE ROAD HUNTER 9 28 34 SOAK DR 30 DUNCAN ST FENTON AVE 26 PARK PARK TERR WEST W KINGSBRIDGE RD ISLAND CLAFLIN AVE Inwood BARNES AVE HAFFEN ISHAM ST 207 St 9 AVEM PARK Q-Bx GRACE AVE 28 A 100 W 195 ST CO-OP CITY BLVD 1 34 Burke AVE 26 DYCKMAN BRIGGS AVE PERRY AVE 28 12 1 2 1 BURKE AVE HOUSE ELY AVE Q-Bx BARTOW-PELL BRONXWOODAVE HAMMERSLEY AVE 1 28 SEAMAN AVE 215 St W 215 ST JEROME AVE BRONX WICKHAM AVE MANSION MICKLE AVE 25 Dyckman St A MARION AVE BRUNER AVE 30 THE W 207 ST Kingsbridge Rd 34 METRO RIVER RADCLIFFAVE VETERANS Kingsbridge Rd ADEE AVE EDSON AVE BROADWAY W 204 ST GUNTHER AVE CLOISTERS ADMINISTRATION B NORTH FOREST KINGSLAND AVE B-L 32 4 DECATUR AVE 45 MUSEUM ABOTANICAL ASCH LOOP MEDICAL CENTER WEBB AVE COLDENAVE Gun Hill Rd W 192 ST GARDEN 8 B-L B-L LACONIAAVE 20 60HONEAVE 61 M VERMILYEA AVE TENTH AVE B-L 4 25 26 WHITE PLAINS RD 62 BOUCKAVE SHERMAN AVE VALENTINE AVE ARNOW AVE YATESAVE B1 to ACADEMY ST W 190 ST ST JAMES BAINBRIDGE AVE BARTOW AVE 207 St 3 Orchard Beach DYCKMAN ST 1 32 PARK 41 55 PEARSALLAVE Summer only

PAULDINGAVE RIVER SIDE DRIVE DEVOETERR LURTINGAVE BARTOW AVE 29

4551 THIRD AVENUE, BRONX, NY 10458 HERINGAVE 12 28 UNIVERSITY HEIGHTS BRIDGE WEBSTER AVE THROOPAVE B5 to ELLWOOD ST DEVOE 4 E 194 ST TENBROECKAVE FORT W 206 ST Allerton AVE E GUN HILL RD Corner One Story Retail Property with Development Opportunity,PARK Fordham Rd 29 Orchard Beach B GUNTHER AVE TRYON NAGLE AVE W FORDHAM ROAD E 193 ST BETH 25 26 Summer weekends only W 204 ST Fordham Rd WILLIAMS BRIDGE RD PARKRK 1 Qualified Opportunity Zone Location, Across the Street from Saint Barnabas Campus| FOR SALE ABRAHAM MORGANAVE

Dyckman St HEALT BOSTON RD FISHAVE MAJOR DEEGAN EXPWY Q-Bx 12 CRUGERAVE B-L SERVICES 12 1 28 5 12 HILLSIDE AVE METRO WOODHULLAVE 45

METRO WILSONAVE 25 26

NORTH B-L B-L 34 ORCHARD

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KINGSLANDAVE

Corner of Third Avenue and 184th Street 22 L FORDHAM 3 5

BEACH K

98 N 62

E 184 ST 2

190 St

HUTCHINSON RIVER PKWY

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17

MACE AVE

BRONXWOODAVE

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JEROME AVE 13 Q-Bx

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LODOVICKAVE

UNIVERSITY AVE 2 1 12

M L 1

SEDGWICK AVE

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A 19 101 E FORDHAM RD

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th HUNTER AVE

LIBRARY OF NEW YORK UNIVERSITY MDCCCIC 183 St

E BAKERAVE

East 184 Street

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E 189 ST

BENNETT AVE M AQUEDUCT AVE EAST

U

OLINVILLEAVE MICKLEAVE FENTONAVE

HENRY HUDSON PARKWAY 3 ESPLANADE

B 12 N WARNING AVE 29

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191 St ROBERTO B-L B-L TIEMANNAVE

BRONX 182-183 St 17 22 M

NT 60 61 BRONX

1 PETER JAY

CLEMENTE B-L

M 0 28 25 9 12

COMMUNITY 1

7 PA GRAND A E 1831 ST 62 PARK

100 SHARP NY INSTITUTION ASTOR AVE

STATE PARK 0 GUNTHERAVE

W 180 ST

26 30

3 DAVIDSON AVE SHORE ROAD COLLEGE DELANOYAVE

THIRD AVE THIRD

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W 190 ST BOATHOUSE Pelham Pkwy FOR THE BLIND rd MORRIS AVE

E 184 ST RD EASTCHESTER

W 179 ST I M M Avenue FORT GERGE AVE 8 SEYMOURAVE

4 98 N

Pelham Pkwy

BRUNERAVE

METRO U 41 LORILLD PL STILLWELL AVE Q-Bx

PINEHURST AVE 32 E 181 ST Subject Property 1

40 42 GRAND CONCOURSE T

NORTH HOFFMAN ST

E 4 BRONX AND PELHAM PKWY

GEORGE WASHINGTON BRIDGE CABRINI BLVD ARTHUR AVE B-L B-L WICKHAMAVE

W BURNSIDE AVE 22 12 W

MORRIS 60 61

Burnside AVE TIEBOUT AVE HUGHES ST

FORT WASHINGTON AVE B-L

A 15 55 A BROADWAY W 186 ST HEIGHTS BELMONT AVE 62 12 B-L 12 5

L

Bathgate Avenue 45 CAMBRELENG AVE WADSWORTH AVE RIVER PARK K WEBSTER AVE 9 BRONX AND PELHAM PKWY 29 181 St

10 7

TOWERS BEAUMONT AVE 36 35 13 11 SEMINOLE AVE NORTH WIND

3 40 42 BASSFORD AVE 1 14 JACOBI 6 17 11 3 rd CRESCENT AVE 18 Morris UNDERSEA 181 St YESHIVA East 183 Street MULINERAVE NARRAGANSETT AVE BRONX PARK E E 179 ST E 181 ST Park HOSPITAL 29 GRORGE WASHINGTON LYDIG AVE TENBROECK AVE 31 INSTITUTE 1 UNIVERSITY E BURNSEID AVE E 183 ST 12 BRIDGE BUS STATION W 181 ST W TREMONT AVE WHITE PLAINS RD 3RD AVE KILROE ST E 182 ST 9 19 BURR AVE W 179 ST B-L 12 29 MATTHEWSAVE 45 2 1 CITY ISLAND AVE SOUTHERN BLVD HOLLANDAVE CONTINENTAL AVE WALLACEAVE NEILL AVE 5 A W 178 ST E 178 ST PARK AVE BARNESAVE B K BRADY AVE 8 BRONX E 196 ST Pelham 305218 11 40’ X 137.08’ 5,483 HERING AVE M L BOGARTAVE 175 St 3 SEDGWICK AVE JEROME AVE Tremont AVE ECHO PL A 4 MUNICIPAL Bay Park 18 W E 195 ST Block Lot Lot Dimensions Lot SF YATES AVE HOSPITAL WASHINGTON 1 AVE E WASHINGTON BRIDGE 0 T WILLIAMSBRIDGE RD UNDERCLIFF AVE 4 36 U Bronx M M M CENTER GRAND AVE E 176 ST I IN 5 100 36 BATHGATE AVE N CROTONA AVE Park East 176 St U M RHINELANDERHAIGHT AVE AVE 7 TE 10 WILKINSON AVE M 32 W M METRO AL HONE AVE 21 4 M 98 36 13 B K 101 3 BRONXDALE AVE PAULDING A EINSTEIN 174-175 St NORTH E 179 ST 14 35 11 UNIVERSITY AVE MACOMBS RD HOSPITAL TREMONT E 180 ST RADCLIFF AVE F HAVEN AVE ST NICHOLAS AVE E TREMONT AVE F LA FONTAINE AVE PELHAM 40 42 Washington 1 Artuso’s Pastry Shop 6 The Bronx Beer Hall 11 Antonio’s Trattoria 39 22 FOWLER AVE DITMARS ST BROADWAY AUDUBON AVE TOMLINSON AVE RIVERSIDE DR BRONX PARK SOUTH HOBART AVE BAY PARK Hts 168 St 4 A AMSTERDAM AVE Mt Eden AVE MONROE AVE CLAY AVE MORRIS PARK AVE 2 One Fordham Plaza 7 Arthur Avenue Retail Shops 12 United States Postal Service MULFORD AVE LURTHING AVE PILGRIM AVE WILLOW LN 21 EDISON AVE CALVARY MAYFLOWER AVE CROTONA HUNT AVE 168 St HIGHBRIDGE E MTEDEN AVE EDWARD L GRANT HWY 18 CLINTON AVE Washington 41 PROSPECT AVE HOSPITAL PARK WHITEPLAINS RD 1 PARK HUTCHINSON RIVER PKWY Hts 3 Fordham University 8 NYS DMV 13 Montefiore Medical Center BRONX CROSS BRONX EXPY MAPES AVE VAN NEST AVE RD EASTCHESTER BUHRE AVE COLDEN AVE NEW YORK W 168 ST E TREMONT AVE BOGART AVE STATE RICE M INWOOD AVE 2 HOSPITAL Buhre AVE FORDHAM ST PRESBYTERIAN 4 Bronx Zoo BRONX 9 Bronx Academy for Software Engineering 14 St. BarnabasMARMION AVE Hospital 21 STADIUM SHAKESEARE AVE MTEDEN PKWY E 174 ST MEDICAL LEBANON 15 55 CENTER HOSPITAL PIERCE AVE 31 OGDEN AVE TOWNSEND AVE FAIRMOUNT PL WATERS PL UNIVERSITY AVE HONEYWELL AVE 9 36 AMPERE AVE 5 The New York Botanical Gardens 10 Trattoria Zero Otto Nove DALY AVE 4 VAN NEST AVE ROBERTS AVE W 165 ST CROTONA PARK N E 178 ST Q WESTCHESTER AVE 170 St CLAREMONT CROSS BRONX EXPY 44 Q-Bx FORT WASHINGTON AVE BRONXDALE AVE 14 1 3RD AVE SACKET AVE 40 14 SCHOFIELD ST E 175 ST CHESBROUGH AVE RESEARCHAVE M M PARK BLONDELL AVE 14 W 158 ST 4 5 Mddletown Rd 5 6 B 19 42 8 8 14 NELSON AVE E 172 ST West Farms Sq VAN BUREN ST POPLAR ST 163 St W 163 ST ELLIOT PL CURRENT ROLL 170 St EXPENSES (ESTIMATED) JARVIS AVE Amsterdam AVE 18 11 E Tremont AVE E 180 St MIDDLETOWN RD WINTERS ST W 168 ST BOSTON RD 21 MARCY PL 17 E TREMONT AVE KENNELWORTHHAVE 11 ADAMS ST WESTCHESTER ROEBLING AVE 32 CLAREMONT PKWY DEVOE AVE 11 Scheduled GrossE CLARK Income PL E 170 ST $151,896 Real Estate Taxes (19/20) $18,204 SQUARE MEDICAL SPENCER DR 157 St 18 CLAY AVE BRONX PELL ST CROTONA E TREMONT AVE 40 42 CENTER ZULETTE AVE GILLESPIE AVE M Less Vacancy ERate 169 ST Reserve (7.50%): ($11,392) Insurance $2,680 22 FULLER ST Westchester Sq FINK AVE COUNRY CLUB RD 1 2 MAJOR DEEGAN EXPWY 13 RIVER ART W 167 ST PARK METROPOLITAN AVE BUCK ST East Tremont AVE WELLMAN AVE W 157 ST E 168 ST E 171 ST WYATT ST 14 KEARNEY AVE 167 St HOLLYWOOD AVE M M CENTER CROSBY AVE HISPANIC Gross Operating Income: 1 $140,504 CROTONA AVE Legal/Miscellaneous $1,405 GUERLAIN ST MACLAY AVE 101 100 2 CASTLEHILL AVE PILOT ST 4 31 21 MAITLAND AVE MUSEUM DORSEY ST MARINE ST WHITEPLAINS RD 8 W 155 ST LessE 167 Expenses: ST ($27,909) 18% of SGI ManagementE 174 St $5,620 4 42 DUDLEY AVE VALHALLA DR B FRISBY AVE WESTCHESTER E TREMONT AVE MANSION ST ST RAYMONDGLEBE AVE AVE CAMPBELL DR CROTONA PARK E SQUARE PARSIFAL PL BUCKLEY ST M 167 St GRAND CONCOURSE Net Operating Income: $112,595 GROSS OPERATING EXPENSES $27,909 BEACH AVE 98 CROTONA PARK S 11 21 E 174 ST Q ARCHER ST HARRINGTON AVE POLO PL 44 MC CLELLAN ST EDWARDS AVE ST NICHOLAS AVE BOSTON RD CODDINGTON AVE UNIVERSITY AVE OGDEN AVE UNIONPORT RD PARKCHESTER COMMERCE AVE ROCHELLE ST SUMMIT AVE JOHN COLLEGE AVE CROSS BRONX EXPY TRATMAN AVE 41 LA SALLE AVE AGAR PL FINDLAY AVE E 170 ST CENTRAL 29 M MULLALY 22 WESTCHESTERROWE AVE ST BELDEN ST 155 St TELLER AVE PARK AVE 3RD AVE LOUIS NINE BLVD RAWLINGS AVE BROADWAY 155 St 10 35 HOE AVE G SCHEDULED INCOME CLAY AVE G ANDERSON AVE PARK PURITAN AVE B WOODYCREST AVE VYSE AVE STARLING AVE Zerega AVE WATERBURY AVE

BRUCKNER BLVD 14 BRYNT AVE WOOD AB GERARD AVE 14 JEROME AVE UNIT UNIT TYPEMORRIS AVE TOTAL SF ACTUAL / PROJECTED $ / SF MONTHLY RENT NOTES STARLINGHT ELLSWOORTH AVE B WALTON AVE E 172 ST E 174 ST ROSEDALE AVE E 168 ST BRONX LEBANON BOONE AVE E 164 ST LONGFELLOW AVE 19 PARK 36 MC GRAW AVE Castle SHERDAN AVE HOSPITAL SOUTHERN BLVD SHERMAN AVE HARROD AVE FTELEY AVE Hill AVE 1 GRANTPAYOMATIC AVE 900 Actual $60 $4,500 5 Yr Lease, 3% Escalation BAISLEY ST FAIRFAX AVE FAIRMOUNT AVE 145 St BRONX MUSEUM OF THE ARTS BRONX E 167 ST FULTON DIVISION Parkchester STRATFORD AVE COLONIAL ZAREGA AVE JENNINGS ST E 177 St 1 2 MUSEUM Comm. 890 Projected $55 $4,079 - 4 8 PARK MACOMBS DAM BRIDGE RIVER AVE OF THE ARTS E AMSTERDAM AVE E 161 ST LAYTON AVE JOYCEM 2 NEWBOLD AVE A 3 Comm. 890 ProjectedE 169 ST $55 $4,079 11 - 22 6 E 172 ST St Lawrence AVE HUGH J YANKEE STADIUM KILMER ELLIS AVE HOLLYWOOD AVE WESTCHESTER AVE GRANT Q A E 165 ST BALCOM AVE M PARK TOTAL MONTHLY INCOME 35 FREEMAN ST$12,658 CIRCLE 44 GATE 4 2 B 145 St 13 Freeman St CROSS BRONX EXPY SERVICE ROAD HAVEMEYER AVE LOGAN AVE W 150 ST FULTON AVE FRANKLIN AVE BARKLEY AVE BRADHURST AVE 161 St CONVENT AVE YANKEE 4 TOTAL ANNUAL INCOME $151,896 Morison-Sound LELAND AVE A 4 COMMONWEALTH AVE

THIERIOT AVE Yankee 32 TAYLOR AVE View AVEs BEACH AVE STADIUM HOME ST ST LAWRENCE AVE Elder AVE VIRGINIA A 40 42 B Stadium WILCOX AVE M E 157 ST 21 HOME ST 18 M BOSTON RD 3 W 147 ST E 153 ST BRONX WASHINGTON AVE 19 WESTCHESTER AVE HAVILAND AVE CALHOUN AVE 3 PUGSLEY AVE BRUCKNER EXPY 19 MELROSE BROOK AVE

W 146 ST HOEAVE 36 39 Harlem VYSEAVE 11 COURTHOUSE 17 METRO E 166 ST WATSON AVE VINCENT AVE M M 148 St 2 41 STEBBINS AVE 35 W 145 ST 1 7 BOROUGH HALL 6 13 CLARENCE AVE NORTH 212.544.9500 MORRISON AVE M ASKING PRICE: $3,950,000 V 1 INTERVALE AVE Q-Bx HUNTINGTONSWINTON AVE AVE LAFAYETTE AVE 102 Whitlock AVE MANOR AVE BLACKROCK AVE 5 E 167 ST BOYNTON AVE 1 WEST FARMS RD WARD AVE arielpa.nycELDER AVE WHEELER AVE EVERGREEN AVE E TREMONT AVE COLGATE AVE GHATTERTON AVE E 161 ST E 162 ST CLOSE AVE WATSON AVE FRANZ E 165 ST 5 27 4 BRONX RIVER AVE 145 St WHITEPLAINS RD SIEGEL For More Information Please Contact Our Exclusive Sales Agents at 212.544.9500 I arielpa.nyc For Financing Info 5 PHILIP AVE TIFFANY ST E 165 ST

FREDERICK DOUGLASS BLVD MAJOR DEEGAN EXPWY 3 UNDERHILL AVE BRUCKNER EXPY ST NICHOLAS AVE DR RIVER HARLEM PARK Simpson St MORRIS AVE HOLLYWOOD AVE E 158 ST 13 ROSEDALE AVE EDISON AVE W 140 ST Daniel Mahfar x99 Jason M. Gold x22 Victor Sozio x12 Shimon Shkury x11 Eli Weisblum x41 QUIMBY AVE BRUSH AVE M E 163 ST ST NICHOLAS 135 St 10 CONCOURSE VILLAGE W UNION AVE Q-Bx Q W 150 ST [email protected] [email protected] [email protected] [email protected] AVE [email protected] 1 44 PARK 149 St 6 ALDUS ST 8 B 145 ST BRIDGE MELROSE AVE Intervale AVE BRUCKNER EXPY STORY AVE LOGAN AVE Grand WHITLOCK AVE 5 Shuttle HERMANY AVE LAFAYETTE AVE W 137 ST ADAM CLAYTON POWELL M M 41 2 SCHLEY AVE 7 1 Concourse bus late 19 ELTON AVE

33 M SIMPSON ST FOX ST THROGS NEC EXPY SERVICE RD nights TINTON AVE 5 TURNBULL AVE 102 4 THIRD AVE H GRAND CONCOURSE EAGLE AVE H

STORY AVE THIERIOT AVE W 135 ST The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt itsE accuracy163 ST but we do not guarantee the accuracy of any information provided herein. As an example, all zoning information, TRINITY AVE WESTCHESTER AVE CAULDWELL AVE buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. The value of this prospective investment is dependent upon these estimates 5 ZAREGA AVE ST RAYMONDS LAFAYETTE AVE RANDALL AVE and assumptions made below, as well as the investment income, the tax bracket, and other factors whichJACKSON AVE yourFOREST AVE taxProspect advisor and/orAVE legal counsel should evaluate. The prospective buyer should carefully verify each item of income, and all other information contained herein. 21 February 2020 9:56 pm LONGFELLOW AVE WHITTIER ST CASTLEHILL AVE CEMETERY W 139 ST E 151 ST DRAKE ST VIRGIL PL M COURTLAND AVE 36 15 21 BRYANT AVE 98 E 156 ST RAINEY Hunts FAILE ST HOMER AVE E 149 ST OLMSTEAD AVE 22 SCHUYLER HILL STEBBINSAVE

55 PARK Point AVE PUGSLEY AVE 135 St LAFAYETTE AVE NOBLE AVE PERFORMING ARTS 3 AVE - 149 St LONGWOOD SEWARD AVE HARLEM LONGWOOD AVE 19 Art Gallery THE POINT AND CURTURAL CENTER 3 4 WHERE COMMUNITY AND CREATIVITY CONNECT HOSPITAL HUNTS POINT AVE BALCOM AVE 1 BECK ST FOX ST 42 LINCOLN LONGWOOD 27 CINCINNATUS AVE 7 AVE M 138 St UNDERHILL AVE BOLTON AVE 39 1 Jackson AVE THE POINT MADISON AVE BRIDGE HOSPITAL ARTS LELAND AVE 33 Grand 4 WESTCHESTER AVE 36 DEWEY AVE Concourse GALLERY SOUND M W 135 ST E 156 ST 2 W 130 ST E 152 ST Longwood AVE 6 VIEW 4 LEGGETT AVE PARK AVE 19 PARK RANDALL AVE HUTCHINSON RIVER PKWY SERVICE RD 33 32 21 2 AVENUE ST JOHN HOLLYWOOD AVE 41 SAMPSON AVE REVERE AVE CANAL PL LINCOLN AN THIRD AVE E 146 ST RANDALL AVE PROSPECT AVE 40 42 17 WHITEPLAINS RD QUINCY AVE 125 St E 138 ST BRINSMADE AVE SOUTHERN BLVD TURNEUR AVE MALCOM X BLVD (LENOX AVE) Q-Bx Q 3 HOWE AVE SPOFFORD AVE TAYLOR AVE SOUNVIEW AVE WILLIS AVE E 149 ST GARRISON AVE SCREVIN AVE TORRY AVE 1 44 M BARRY ST LAWTON AVE BROOK AVE SOUTHERN BLVD M 1 E 143 ST BRUCKNER EXPY 15 ST MARYS 100 LACOMBE AVE 8 M 1 GRINNELL PL 60 3 AVE - 138 St PARK MARTIN LUTHER KING BLVD M E 177 ST 98 M GRAFF AVE HARDING AVE

HALLECK ST NORTON AVE 98 THROGS NECK BLVD E 149 St MEAGHER AVE RANDALL AVE KEARNEY AVE TRUXTON ST COSTER ST DAVIS AVE MANIDA ST E 140 ST BARRETTO ST PARK AVE 2 21 15 CASANOVA ST BALCOM AVE WORTHEN ST BUTTRICK AVE HARDING AVE TIFFANY ST DUPONT ST HUNTS POINT PATTERSON AVE ROBINSON AVE TRUXTON ST CRAVEN ST HOSMER AVE 32 JACKSON AVE BARRY ST LONGSTREET AVE 125 St WALES AVE ZEREGA AVE 3 AVE BRIDGE ST MARYS ST CONCORD AVE PRODUCE MARKET NEWMAN AVE 4 EMERSON AVE SCHURZ AVE E 143 St 15 V AUSTIN PL OAK POINT AVE GIEGERICH PL BRUCKNER BLVD ALEXANDER AVE 33 Brook AVE ST ANN’S AVE St Mary’s St MT MORRIS PARK W WILLIS AVE E 142 ST LONGFELLOW AVE 42 NORTH MAJOR DEEGAN EXPWY 22 PENNYFIELD AVE TIERNEY PL BRYANT AVE O BRIEN AVE BETTS AVE E 128 ST E 149 ST FAILE ST

GENERAL FOOD CENTER DRIVE I WHITTIER ST CASTLE 8 I M E 127 ST YPRESS A HUSSON AVE STEPHENS AVE HOSPITAL PUGSLEY AVE 103 C E 141 ST 39 27 E 138 ST EAST BAY AVE HILL METRO HUNTS POINT AVE BROOK AVE PARK NORTH 17 Cypress AVE E 137 ST FERRY 6 GILDERSLEEVE AVE 5 AVE 125 ST M E 126 ST15 POINT M WILLIS AVE BRIDGE VIELE AVE E 124 ST PARK 100 6 SOUNVIEW AVE E 135 ST

E 125 ST ST. ANN’S AVE BARRETTO BRIDGE NECK THROGS BRUCKNER EXPY POINT CORNELL AVE E 133 ST 40 E 120 ST 33 PARK RYAWA AVE HUNTS POINT LWXINGTON AVE SUNY MEAT MARKET CLASON E 138 ST 39 27 MARITIME 3 AVE POINT COLLEGE M TRIBOROUGH BRIDGE 1 PARK PALADION AVE FULTON 116 St E 132 ST 2 AVE M FISH MARKET 116 WILLOW AVE WALNUT AVE AT HUNTS POINT

1 AVE LOCUST AVE M M 103 E 116 ST TRIBOROUGH BRIDGE 33 101 BRONX WHITESTONE BRIDGE M M M M 102 98 35 60 FORT 110 St SCHUYLER M M M 116 103 101 E 112 ST M M 102 98 PLEASANT AVE

E 110 ST to M 0 35 LaGuardia M 15 M Airport J 15 J 103 St

M 60 1⁄ 2 Mi 1 Mi MILES

M 44 to 35 APPROXIMATE WALKING Flushing DISTANCE IN MINUTES 5 10 15 and Jamaica

KILOMETERS Q-Bx Q B1 to Bronx Bus Map 1 44 1 Km 2 Km Flushing November 2006 Operated by © 2006 Metropolitan Transportation Authority Unauthorized duplication prohibited MTA Bus Co. 1 2 3 4 5 6 7 8 9 10