TEAM SHAPIRO 4429 CARPENTER AVE. 3 Story, 7 Unit Residential Building, Bronx REDUCED PRICE NORTH BRONX CUSHMAN & WAKEFIELD 1

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1 TEM SHPIRO 9 CRPENTER VE Story, Unit Residential Building, Bronx REDUCED PRICE NORTH BRONX CUSHMN & WKEIED

2 9 CRPENTER VENUE - PROPERTY OVERVIEW SKIN PRICE: $,0,000 BUIDIN ETURES Building Dimensions:.' x 8' Stories: Residential Units: ross Square ootage: Net Square ootage: vg. Net Unit Size: Zoning:,0* sq ft (includes garden apt.), sq ft (approx.) less % loss factor 9 sq ft (approx.) R R:. Total Buildable Sq. t.: Minus Existing Structure: vailable ir Rights:, sq ft (approx.),0 sq ft (approx.) Overbuilt ssessment (/8): $9,0 Taxes (/8): $0, *ll references to square footages are broker estimates only and need to be verified. PROPERTY DESCRIPTION 9 Carpenter venue is a three story plus legal basement, unit rent stabilized apartment building located between Nereid venue and East 9th Street in the Wakefield section of the Bronx. The building is comprised of two bedroom apartments and one bedroom apartments, with an average unit size of 9 sqft. ll apartments are rent stabilized. The building has been kept in immaculate condition by ownership. Recent improvements include a new roof, new windows, pointing and cement work. The brick building was built with marble staircases and ceramic tile floors. ll apartments enjoy lot lying windows in addition to windows in the front and back of the building. Tenants benefit from the property s close proximity to the three main retail corridors of White Plains Road, Nereid venue and East rd Street which include national retail tenants such as Walgreens, Capital One, Subway Sandwiches, Dominos Pizza, Burger King, Dollar Tree, and oodtown. Transportation is readily available via the Nereid venue subway station. PROPERTY HIHIHTS Stories plus legal basement, units pproximately,0 ross Square eet two-bedroom & one-bedroom apartments Many recent building improvements blocks from Nereid venue subway station INNCI SUMMRY ROSS NNU REVENUE: $,8 VCNCY OSS & EXPENSES: ($,) NET OPERTIN INCOME: $, PRICE PER SQURE OOT: $ PRICE PER UNIT: $9,8 CPITIZTION RTE:.80% ROSS RENT MUTIPE:.0x CUSHMN & WKEIED

3 9 CRPENTER VENUE - RENTI REVENUE UNIT BEDS TYPE MONTHY RENT NNU RENT Tax Map East 9th Street RS $,0 $,00 Conv. RS $99 $,08 Conv. RS $,9 $8,8 Conv. RS $,00 $,800 Conv. RS $,00 $0,00 Conv. RS $, $,9 BSMT RS $, $,9 Bronx Boulevard Carpenter venue ross Monthly Residential Rent: $9, ross nnual Residential Rent: $,8 verage Rent Per Unit: $,0 Residential Rent Per Net Square oot: $.98 Nereid venue Retail Map 9 CRPENTER VE CUSHMN & WKEIED

4 W ) E X N I T ON V T H I RD V V ST S T S TEINWY ST 9 CRPENTER VENUE - INCOME & EXPENSES RENTI REVENUE SUBWY MP ross nnual Residential Revenue $,8 Riverdale Vacancy % of ross nnual Revenue ($,8) Dyckman St ORT TRYON PRK 90 St 8 St St WSHINTON HEIHTS St St City College St Columbia University M0 SBS irport Cathedral Pkwy (0 St ) 0 St 9 St 8 St UPPER WEST 9 St Van Cortlandt Park St RIVERDE Effective ross nnual Residential Revenue $0,0 EXPENSES (ESTIMTED) HENRY HUDSON Inwood 0 St St St 9 St 8 St St St incoln Center St B C D 9 St Columbus Circle WEST B C D CENTER St Hudson Yards 8 St C C St msterdam v C St Penn Station C E IRR C E St 0 St Dyckman St southbound only Water/Sewer EO. $90 / Unit $,0 ST ess Expenses: ($,0) INCON TUNNE Net Operating Income: JVITS$, PISDE V RIVER PRK ST RIVERBNK STTE PRK Spuyten Duyvil ORT WSHINTON V RIVER DR RIVER DR INDEPENDENCE V ST NICHOS V HENRY HUDSON PKWY ST NICHOS V CENTR PRK WEST C St St B C D M0 SBS irport St Cathedral Pkwy (0 St) 0 St 9 St 8 St 8 St Museum of Natural History St 8 v B D St St v e r Harlem 8 St 8 St v M St St Kingsbridge Rd St M0 SBS irport St CENTR PRK SOUTH St- v v E 8 St ordham Rd 8 St Burnside v St St St Yankee Stadium B D M0 SBS Central Park North (0 St) St exington v/ St 8 St N R N R PRK V St 0 St 0 St 9 St 8 St St St 8 St St 8 St Hunter College ST St Union Sq v 8 St R N Q R v Kingsbridge Rd ordham Rd ordham ORDHM 8 8 Sts Tremont v Tremont TREMONT Sts 0 St St 9 St rand Concourse 0 St C E 0 St 9 St v/ St St 0 ST E M 0 ST southbound St/Port uthority 0 Sts northbound Bus Terminal Rockefeller Ctr M C E ST Times Sq- St R S except S St Penn Station IRR EIHTH V IRWIN V PROJECTED INWOOD HI PRK djusted Taxes (/8) ctual $0, $00 / Unit $,800 uel (# $.00 / S $,0 $0.0 / S $ $0 / Unit $,0 Super / $0 / Unit $,000 Total Expenses: $,0 Effective ross nnual Residential Revenue: $0,0 T WSH V WEST END V MSTERDM V MSTERDM V COUMBUS V ST ST ST SEVENTH V VN CORTNDT rush hours St Herald Sq M N Q R MCOM X BVD (ENOX V SIXTH V ST PRK SO ORDHM RD St Bryant Pk M Woodlawn 8 St rand Concourse skips rush hour peak direction ST v/ 9 St R v ST MOSHOU 0 ST PRK V S PKWY JEROME V rush hour peak direction express RND CONCOURSE ST BIN 80 ST v 9 St exington v/9 St 9 ST 9 St exington v/ St E M WEBSTER V rand Central St except S S CHESE ST ST V 0 V ST 9 V HIH PRK REDERICK DOUSS BVD UNIVERSITY HTS BR University Heights HMITON DM CYTON POWE BVD (V) Morris Heights WSHINTON Broadway ON ISND CITY St Queensbridge Yankees- E St ST Harlem St ITH V V MDISON V llerton v Botanical arden Jackson v THE HUB SECOND V V Melrose IRST V V 9 ST 8 ST UPPER EST 9 ST ST Wakefield Woodlawn YORK V THIRD V T R M W Y West arms Sq E Tremont v Pelham Pkwy St reeman St MORRISNI Simpson St Bronx Park East E 80 St Ea st Ri v e r CUSHMN & WKEIED v Williams Bridge 8 St Mosholu Pkwy Norwood 0 St KINS D Bedford Pk Blvd Bedford Pk Blvd ehman College B D Marble Marble Hill Hill St HREM VN CORTNDT PRK MNHTTN CENTR PRK St St Mt Eden v rush 0 St hours HIH- METROPOITN MUSEUM O RT EST HREM UNITED NTIONS Burke v Brook v Wakefield St Nereid v St St 9 St Intervale v Prospect v R OBERT KENNEDY Roosevelt Island QUEENSBORO QUEENS MIDTOWN TUNNE BRONX ZOO TREMONT V un Hill Rd rush hour peak direction express MOTT HVEN WHITE PINS RD weekday peak direction express RNDS ISND ROOSEVET ISND Cypress v V BYCHESTER V ST Court Sq- E M Vernon Blvd Jackson v ong Island City E St St Mary s St E 9 St storia Ditmars Blvd St storia Blvd M0 SBS irport Queensboro Plaza N Q Court Sq ESPNDE 9 v 0 v N Q v N Q ESTCHESTER Eastchester Dyre v Baychester v un Hill Rd Pelham Pkwy Morris Park Morrison v Soundview Elder v Whitlock v SOUNDVIEW Hunts Point v ongwood v 0 V VERNON BVD N ST ST BURKE V EDER V ST WHITE PINS RD ST WRENCE V Queens Plaza E M R St M R Steinway St Hunterspoint v Hunters Point v IRR MNHTTN V REENPOINT Bedford v BYCHESTER HUNTS POINT ERTON V Parkch St awrenc M R P Mi St-Raws reenpoint v CO-OP CITY E TREMONT V PRKCHESTER SOUNDVIEW V DITMR STORI rush hour REENP ON Nass CR RIKER ISN

5 9 CRPENTER VENUE or more information contact: Jonathan Squires Director () 0 jonathan.squires@cushwake.com Robert M. Shapiro Executive Managing Director () 0 robert.shapiro@cushwake.com Michael ioravanti Senior ssociate () 89 9 michael.fioravanti@cushwake.com Cushman & Wakefield Copyright 0. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). s applicable, we make no representation as to the condition of the property (or properties) in question.