Standardized Operating Procedure of Purchase

Highly desirable Park Ave area just steps from Park Ave. Fully rented, excellent cash flow. Annual income $54360, annual expenses including taxes are $23188. 9% cap rate. One apartment has 2 full bathrooms. Replacement windows, the roof is under 10 years old. Each apartment has a separate thermostat. Owner will supply a new Certificate of Occupancy. There is no driveway but parking is not a problem because the house is on the corner and there are always open spots on the street. The property can only be shown on Mondays, Wednesdays and Fridays from 2:30 – 4pm. You must make an appointment. You cannot just show up at those times. Showings begin Wed 4/22/26 at 2″30. Delayed negotiations until Tuesday 4/28/26 at 2:30om.