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Exclusive Offering Memorandum
413 WEST 145TH STREETNew York, NY 10031 Multifamily SRO
Building
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CONTACTSLev KimyagarovSenior
[email protected]
Ariel HakimiAssociate Director [email protected]
646.780.4936
Alex HuangInvestment Sales
[email protected]
EASTERN CONSOLIDATED | 355 LEXINGTON AVENUE | NEW YORK, NY 10017
| WWW.EASTERNCONSOLIDATED.COM
413 WEST 145TH STREETExecutive Summary 3
Property Photos 4
Area Map 6
Location Overview 7
Transportation Map 10
Confidentiality & Disclaimer 11
413 WEST 145TH STREET
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3 413 West 145th Street Executive Summary
Executive Summary
Eastern Consolidated, as exclusive agent, is pleased to offer
for sale 413 West 145th Street, a multifamily SRO building located
in Hamilton Heights neighborhood of Manhattan. The property is
positioned on the north side of West 145th Street between Convent
and St. Nicholas Avenues. The four-story, ± 3,876 square foot
building contains three (3) Class-A unit and seven (7) Class-B
units totaling ten (10) residential units.
The subject property benefits from its superior access to public
transportation. The A, B, C & D trains can be conveniently
accessed on the same block at the corner of St. Nicholas Avenue.
This makes transportation to Lower Manhattan and the outer-boroughs
a breeze. As a result, the building is attractive to doctors,
accountants and other professional service providers to use as
office space.
Additionally, the property enjoys proximity to well-regarded
retail amenities such as Starbucks, Duane Reade, New York Sports
Club, Subway, Bank of America, Chase Bank, and Dunkin Donuts.
Furthermore, public attractions such as St. Nicholas Park and
Jackie Robinson Park are located within steps of the property.
Moreover, renowned academic institutions such as the City College
of New York and Columbia University are located within walking
distance.
Lastly, the vacant property has the potential for a 1-4 family
home conversion. 413 West 145th Street presents investors and users
with the opportunity to acquire an exceptionally well-located asset
in the City.
Address 413 W 145th Street
Location Located on the north side of W 145th Street between
Convent Avenue and St Nicholas Ave.
Block/Lot 2060/ 24Lot Size 19' x 99.92'Building Size 19' x
51'Stories 4Gross Square Footage 3,876 (approx)Class A Units:
3Class B Units: 7Residential Units: 10
Zoning C1-4/R6AFAR 3.00Lot SF 1,898
Total Buildable SF. 5,694Minus Existing Structure 3,876Available
Air Rights 1,818
Assessment (17/18) $29,859Tax Rate Class 1 19.991%Taxes (17/18)
$5,969
Asking Price $1,900,000Price per SF $490
24
ST. N
ICHO
LAS
AVE
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AVE
WEST 146TH ST
WEST 145TH ST
BLOCK 2060
413 WEST 145TH STREET
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4 413 West 145th Street Property Photos
Property Photos
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5 413 West 145th Street Property Photos
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6 413 West 145th Street Area Map
Area Map
413 WEST 145TH STREET
The Edge Harlem
PS 123
VA Hospital
St. Charles Borromeo Catholic School
Drew Hamilton Community Center
Manhattanville Coffee
Mama Tina’s Pizzeria
Demi BridalJ E Florist
Londel’s
Queen Sheeba
Sugar Hill Cafe MHogshead Tavern
Hamilton Grange Library
M
Village Fried Chicken
Food TownThurrgood Marshall
Academy Lower School
Esplande GardensJacob’s
Super Foodtown
Solace Bar and Grill
Grill on the Hill
Harlem School of the Arts
City College of New York
M
M
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7 413 West 145th Street Location Overview
Location Overview
Hamilton Heights is the Northern Manhattan neighborhood who’s
namesake is Alexander Hamilton, a founding father and The United
States’ first Secretary of the Treasury. Hamilton Heights is
bounded by 135th street to the South, 155th street to the North,
Edgecombe Avenue to the East and the Hudson River to the West and
also contains the area known as Sugar Hill. This Manhattan enclave
is well positioned to sustain the already growing popularity and
re-discovery as a top residential neighborhood. It enjoys a healthy
stock of affordable apartments with superior subway access to
Midtown Manhattan, an abundance of greenspace and a grow-ing list
of coffee shops, pubs and restaurants. Hamilton Heights is
developing all the factors of an upscale neighborhood delivering
them at a fraction of the costs to live in other Manhattan
neighborhoods.
In addition, other colleges have been building dormitories in
the area. To the north, a 600-unit student dorm known as “The
Towers” finished construction in June 2006 as an extension of the
City College of New York on St. Nicholas Terrace. To the south,
near 122nd Street, the Manhattan School of Music also built a
dormitory in 2003. The Jewish Theological Seminary of America
opened a smaller dormitory on 122nd Street between Broadway and
Amsterdam Avenue in 2006. In August 2009, at 135th St. and Convent
Avenue, City College completed the construction of a new 135,000
sq. ft. School of Architecture and Urban Design building.
The increase in student residences is one of several factors
rapidly changing the character of Hamilton Heights, and has
resulted in the opening of cafes and restaurants on Broadway, La
Salle Street and Amsterdam Avenue to accommodate the population
growth.
Hamilton Heights has experienced significant gentrification
since the mid-2000s. The neighborhood’s historic brownstones,
spacious pre-war apartments and elegant townhouses serve a recent
influx of young professionals, artists, and newly formed families
who are diversifying the neighborhood. The neighborhood’s history,
culture, and attitude coupled with its ongoing resurgence make for
an exciting time to part of the West Harlem community
Points of Interest
The City College of The City University of New York (known more
commonly as the City College of New York or simply City College,
CCNY, or colloquially as City) is a senior college of the City
University of New York, in New York City. It is also the oldest of
the City University’s twenty-three institutions of higher learning.
City College’s thirty-five acre Manhattan
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8 413 West 145th Street Location Overview
campus along Convent Avenue from 130th Street to 141st Street is
on a hill overlooking Harlem; its neo-Gothic campus was mostly
designed by George Browne Post, and many of its buildings are
landmarks. CCNY was the first free public institution of higher
education in the United States and also for many years has been
considered the flagship campus of the CUNY public university
system.
Dance Theatre of Harlem is a ballet company and school of the
allied arts founded in Harlem, New York City, USA in 1969 by Arthur
Mitchell and Karel Shook. The company has not performed since 2004,
however its Dancing Through Barriers Ensemble continues to do so.
Karel Shook was the first teacher and ballet master of the Dutch
National Ballet, from where he returned to the United States as
co-director of the Dance Theatre of Harlem.
The Dance Theatre of Harlem School offers training to more than
1,000 young people annually with a community program open to any
child who wants to study dance. Its program is called Dancing
Through Barriers. It accepts pre-school children up to senior
citizens. The school offers specializations in children’s movement,
European ballet, choreography, and musicology. It also has a
program in Washington, D.C. for dancers to audition. If accepted
the students work with Robert Garland. They have three levels:
advanced beginners, intermediate pre-pointe, and advanced young
ladies and men.
The Harlem School of the Arts (HSA) is a school in Harlem, New
York. It was founded in 1964 by the soprano Dorothy Maynor, and
offers its programs to students of all ages. According to its
website, the mission of the Harlem School of the Arts is “to enrich
the lives of children and their families in the Harlem community
and beyond, through exposure to and instruction in the arts.”[1] In
2005, the school was among 406 New York City arts and social
service institutions to receive part of a $20 million grant from
the Carnegie Corporation, which was made possible through a
donation by New York City mayor Michael Bloomberg. The school
offers courses in both classical and jazz music, with instruction
in musical instruments and voice, as well as dance (including
ballet, modern, ethnic, jazz, and tap dance). In addition, classes
are offered in theater arts, and creative writing, and visual arts
(including sculpture and photography). Most of the school’s
students are of African American or Latino cultural backgrounds,
and tuition is relatively inexpensive in contrast to other similar
educational institutions in the United States.
Parks and Recreation
Riverside ParkRiverside Park is Manhattan’s most spectacular
waterfront park, stretching four miles from 72nd to 158th Streets
along the Hudson River. Since 1875, the landscapes of Frederick
Law
Olmsted have offered escape from the city and opportunities for
people of all incomes to relax, play and socialize in tranquil
settings. His design for Riverside Drive made it is one of the most
beautiful boulevards in the world, affording views of the Hudson
River along its serpentine route
Saint Nicholas ParkThe land for St. Nicholas Park was acquired
in part by condemnation for the Old Croton Aqueduct in 1885-86. New
York State laws of 1894 and 1895 authorized the creation of a
public park to be known as St. Nicholas Park. Additional
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9 413 West 145th Street Location Overview
property was assembled in 1900-06, and park construction began
in 1906. Like Harlem’s other “ribbon parks,” St. Nicholas was built
on a rugged mass of rock, following the steep and irregular
topography of northern Manhattan. Landscape architect [and Parks
Commissioner] Samuel Parsons was responsible for the design of the
rustic park, of which he said a “dominant note must be followed
with a harmonious treatment, a high hill made higher, a rugged
slope more rugged, a deep valley made deeper, thus invariably
following nature’s lead.” The development of the park and the
completion of the elevated rapid transit line made this area of
Harlem a fashionable residential district at the turn of the
century.
In 1995 Harlem community members and City College joined
together to “Take Back St. Nicholas Park.” Neighborhood groups
participating in the initiative to make the park a cleaner and
safer place included the Hamilton Heights Homeowners Association,
A. Philip Randolph High School, Thurgood Marshall School, the
Community Helpers, and the Harlem YMCA.
Morningside ParkMorningside Park is a New York City public park
in the northern portion of the New York City borough of Manhattan.
The 30-acre (12 ha) area occupies 110th to 123rd Streets from
Morningside Avenue to Morningside Drive at the border between
Harlem and Morningside Heights. Its distinctive natural geography
is a rugged cliff of Manhattan schist rock. The park came into
existence as a cost-saving measure to avoid the expense of
extending the street grid across difficult terrain.
Other points of interest include the Apollo Theater, one of the
oldest and most famous music halls in the United States, the
Manhattanville Bus Depot, St. Mary’s Church and the Fairway
Supermarket, whose broad selections attract distant customers from
all over New York City and beyond.
Transportation
SubwayTransportation options are abundant for Northern Manhattan
residents. The Seventh Avenue Line stops at 125th Street, the 137th
Street – City College and 145th Street stations (1 train). The
Eighth Avenue Line runs under St. Nicholas Avenue, providing
service at 135th Street (A B C trains), 145th Street (A B C D
trains) and 155th Street (A C trains). The IND Concourse Line
branches off north of the 145th Street station under Frederick
Douglass Boulevard to serve 155th Street (B D trains).
BusLike the rest of the island, Northern Manhattan has a variety
of bus options throughout the area. All major avenues have either
northbound or southbound service. Cross town service is available
at 110th Street, 116th Street, 125th Street, 135th Street, 145the
Street and 155th Street.
MetroNorthThe Harlem 125th Street Metro-North Railroad station
serves residents of the Harlem neighborhood and commuters who work
in Harlem via the Hudson line, Harlem line and New Haven line. It
is the only station besides Grand Central Terminal that serves all
three lines east of the Hudson River. Trains leave for Grand
Central Terminal, the Bornx and the northern suburbs regularly.
Harlem’s125th Street is seldom used for travel to and from Grand
Central. However, it remains possible to do so. It is 4.19 miles
from Grand Central, and travel time is approximately ten
minutes.
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10 413 West 145th Street Transportation Map
Transportation Map
DYKERBEACHPARK
WESTCHESTER
THE BRONX
NAQUEE
QUEENSBROOKLYN
J a m a i c aB a y
Ha
r l em
Ri v e r
Ea
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East
R i ve r
Hu
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Ri
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4
AirTrain stops/terminal numbers
7
58
2
1
Q72Q47
M60 SBS
M60 SBS
M60 SBS
Q48
Q10
Q10
B15Q1
0
AIRTRAIN JFK
AIRTRAIN JFK
Q3
Q3
PA
RK
AV
LIRR
LIRR
LIRR
LIRR
LIRR
Met
ro-N
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Metro-North
Metro-N orth
Met
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orth
LIRR
PATH
PATH
Amtrak
Amtra
k
Am
trak
Am
trak
NJTransit • Amtrak
PATH
Bowling Green4•5
Broad St J•Z
Rector StR
World TradeCenter
E
DeKalb AvB•Q•R
Hoyt St2•3
Clark
St2• 3
Union
StR
Carro
ll StF• G
Be
rgen S
t
F• G
Broad St J•Z
York
St
F
CityHallR•W
Rector StR•W
Franklin St1
Canal St1
Prince StR•W
Houston St1
14 St A•C•E
50 St1
50 StC•E
59 StColumbus Circle
A•B•C•D•1
66 St Lincoln Center
1
72 St1•2•3
79 St1
86 St1
96 St1•2•3
103 St1
CathedralPkwy
(110 St )1
116 St ColumbiaUniversity
1
137 StCity
College1
145 St1
157 St1
175 StA
181 StA
190 StA
Dyckman St A
238 St1
Norwood205 StD
Mosholu Pkwy4
Bedford Pk BlvdLehman College
4
Kingsbridge Rd4
Fordham Rd4
Allerton Av2•5
183 St4
Burnside Av4
176 St4
Mt Eden Av4
170 St4
174 St2•5
Bronx ParkEast
2•5
Pelham Pkwy2•5
Freeman St2•5
Simpson St2•5
E 180 St2•5
West Farms Sq
E Tremont Av2 •5
167 St4
161 St
Yankee Stadium
B •D •4
Van Cortlandt Park242 St
1
Lexington
Av/63 St
F
14 St
–Unio
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L• N
• Q• R
• W• 4• 5
• 6
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3 Av
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Christophe
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Sheridan S
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Canal StJ•N•QR•W•Z•6
Canal StA•C•E
Spring St6
Spring StC•E
W 4 St Wash Sq A•B•C•D•E•F•M
8 Av
L
QueensPlazaE •M •R
69 St7
52 St7 46 St
Bliss St 740 St
Lowery St
733 St-Rawson St
7
36 StM •R
90 St–Elmhurst Av7
Junction Blvd 7•Q72 LGA Airport
103 St–Corona Plaza7
111 St 7•Q48 LGA Airport
Elmhu
rst Av
M• R
Gran
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New
town
M
• R Wood
have
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M
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Airp
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71 Av
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Sutphin BlvdF
Parsons Blvd F
169 StF
Jama
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Unio
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E
• F67 Av
M
• R
21 StQueens-
bridgeF
39 AvN •W
Steinway StM •R
46 St M
•R
Northern Blvd
M•R
65 St
M•R
82 St–Jackson Hts7
36 AvN •W
30 AvN•W
Astoria BlvdN•W
AstoriaDitmars Blvd
N•W
Court Sq-23 StE•M
6 Av L 14 St
1•2•3
18 St1
14 St F•M
23 StF•M
23 St1
23 StC•E
23 StR•W
33 St6
Hunters Point Av7•LIRR
Vernon BlvdJackson Av
7
21 StG
Queensboro Plaza
N•W•7
Court SqG•7
68 StHunter College6
77 St6
86 St4•5•6
96 St6
103 St6
110 St6
Central ParkNorth ( 110 St) 2•3
116 St6
72 StB•C
81 St–Museum of Natural History B•C
86 St B•C
96 StB•C
103 StB•C
Cathedral Pkwy(110 St)B•C
116 StB•C
125 StA•B•C•D
125 St2•3 • M60 SBS LGA Airport
125 St4•5•6
135 StB•C
135 St2•3
116 St2•3
3 Av138 St6
Brook Av
6
Cypress Av
6
E 143 St
St Mary’s St
6145 StA•B•C•D
191 St1
Bedford Pk BlvdB•D
Kingsbridge RdB•D
Fordham RdB•D
182–183 StsB•D
Tremont Av B•D
174–175 StsB•D
170 StB•D
Morris Park5
Pelham Pkwy5
Burke Av2•5
Gun Hill Rd 2•5
219 St 2•5
225 St2•5
233 St2•5
Nereid Av2•5
Wake�eld 241 St2
Gun Hill Rd5
Baychester Av5
EastchesterDyre Av5
167 StB•D
E 149 St6
Longwood Av6
Hunts Point Av6
Whitlock Av6
Elder Av6
Morrison Av Soundview 6
St Lawrence Av6
Castle Hill Av6
Zerega Av6
Middletown Rd6
Buhre Av6
Pelham Bay Park6
Parkchester6
181 St1
155 S
t
B
• D15
5 St
C
163 St–Amsterdam Av C
145 St3
149 S
t–Gran
d
Conc
ourse
2• 4• 5
Harlem148 St3
57 StF
57 St-7 AvN•Q•R•W
49 StN•R•W
7 AvB •D
•E
28 St1
28 St R•W
28 St6
23 St6
Astor Pl 6
Bowe
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EastBroadway
F
2 Av
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Bleec
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6 B’wa
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fayett
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B• D
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Esse
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• J•M
• Z
Delan
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Grand St B•D
Prospect AvR
25 StR
36 StD•N•R
45 StR
53 StR
59 StN•R
8 Av
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Fort H
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Pkwy N
New
Utrec
ht Av N 18
Av N20
Av NBa
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Pkwy N
KingsHw
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Avenue U N86 St
N
62 StD
71 StD
79 StD
18 Av
D
20 Av
D
Bay P
kwy
D 25 AvDBay 50 St
D
Coney IslandStillwell Av
D•F•N•Q
55 St D
50 St DFo
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ilton
Pkwy D
9 Av
DDit
mas A
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18 Av F
Bay Ridge AvR
77 StR
86 StR
Bay Ridge95 St
R
Jay St MetroTechA•C•F•R
Jay St MetroTechA•C•F•R
Lafayette AvC
ParkPlS
Fulton StG
Smith
9 Sts
F• G
4 Av–
9 St
F• G• R 7 A
vF• G
15 St
Pros
pect
Park
F• G
Fort HamiltonPkwy
F•G
Churc
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Aven
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Aven
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Bay P
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Aven
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West 8 StNY AquariumF•Q
Ocean PkwyQ
Brighton BeachB•Q
Shee
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B• Q
Neck
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Kings
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B• Q
Aven
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Aven
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Newk
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B• Q
Corte
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Beve
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Churc
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B• QFla
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Av
Broo
klyn C
olleg
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2• 5
Newk
irk Av
2• 5
Beve
rly Rd
2• 5
Churc
h Av
2• 5
Winth
rop St
2• 5
Sterling St 2•5
President St 2•5
CanarsieRockaway PkwyL
East 105 StL
Aqueduct North Conduit Av
A
Aqueduct RacetrackA
Van Siclen AvCLibertyAv
C
Ozone ParkLefferts BlvdA
111 StA
104 StA
Rockaway Blvd A
88 St A
80 StA
Grant AvA
Euclid AvA•C
Shepherd AvC Howard Beach
JFK Airport AAtlantic Av
L
Alabama AvJ•Z
New Lots Av L B15 JFK Airport
Crescent StJ•Z
Norwood Av Z rush hrs, J other times
Cleveland St J
Bush
wick
Av
Aberd
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t
L
Wilso
n Av
L
DeKa
lb Av
LJe
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L
Flush
ing Av
J• MLo
rimer
St
J• MBr
oadw
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G
Nass
au Av
G
Gree
npoin
t Av
G
Lorim
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L
Grah
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Av
L Gran
d St
L Montr
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v
L M
organ
Av
L
Livonia Av L
Sutte
r
AvL
Nostrand Av
A •CFranklin Av
C•S
Kingston
Throop Avs
C
Utica AvA •C
Ralph Av
C
Chauncey St
Z rush hours,
J other times
MyrtleWyckoff AvsL•M
Halsey St
J Gates Av
Z rush hours,
J other times
Kosciuszko St
JMyrtle Av
J •M•Z
Central Av M
Seneca AvM
MyrtleWilloughby Avs G
Flush
ing Av G
Marcy
Av
J• M• Z
Metropolitan Av G
Bedford Av
L
Fresh Pond RdM
Halse
y St
L
Rockaway
AvC
Broa
dway
Junc
tion
A
• C• J•
L• Z
Parkside AvQ
Prospect Park B•Q•S
Botanic Garden S
Clinton
Washington AvsG
Classon AvG
Hewe
s St
J• M
Bedford
Nostrand AvsG
Clinto
n
Wash
ington
Avs
C
HoytSchermerhorn
A•C•G
Kingston Av3
Frank
lin Av
2• 3• 4• 5
BroadwayN•W
Knickerbocker Av M
Middle VillageMetropolitan AvM
Forest AvM
High StA•C
Atlantic Av–Barclays Ctr B•Q•2•3•4•5•LIRR
Whitehall StSouth FerryR•W
Bowling Green4•5
Wall St4•5 Wall St
2•3
Fulton St
Chambers St1•2•3
Park Place 2•3
Chambers StJ•ZBrooklyn BridgeCity Hall 4•5•6
Chambers St A•C
Atlan
tic Av
–Barc
lays C
tr
D•N•
R•LIR
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Berge
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2• 3
7 Av
B•Q
Nevins St2•3•4•5
Borou
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5
Court StR
Gran
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Broo
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34 StPenn
Station A•C•E•LIRR
34 StHudson
Yards 7
42 St/Port AuthorityBus Terminal
A•C•E
Times Sq-42 StN•Q•R•S•W•1•2•3•7
Grand Central42 StS•4•5•6•7•Metro-North
47–50 StsRockefeller CtrB•D•F•M
34 StPenn
Station1•2•3•LIRR
34 StHerald Sq
B•D•F•MN•Q•R•W
42 StBryant PkB•D•F•M
5 Av 7
Lexington Av/53 St E•M
59 St 4•5•6
51 St 6
Lexington Av/59 StN•R•W
5 Av/53 StE•M
5 Av/59 StN•R•W
125 St1
168 St A•C•1 A•C
Dyckman St1
Inwood207 St
A
215 St1
3 Av–149 St2•5
Woodlawn4
Marble Hill225 St1
231 St1
75 St–Elderts Ln Z rush hours, J other times
Cypress Hills J
85 St–Forest Pkwy J
Woodhaven Blvd J•Z
104 St Z rush hours, J other times
111 StJ
121 St Z rush hours, J other times
Sutphin BlvdArcher AvJFK AirportE•J•Z•LIRR
Jamaica179 StF
Jamaica Center Parsons/ArcherE•J•Z
FlushingMain St
7
Nostrand Av3
Crown HtsUtica Av3•4
Saratoga Av 3
Rockaway Av 3
Junius St 3
Pennsylvania Av3
Van Siclen Av3
New Lots Av3
Sutter Av–Rutland Rd3
A•C•J•Z2•3•4•5
Westchester Sq East Tremont Av 6
Intervale Av 2•5
Prospect Av 2•5
Jackson Av 2•5
Mets–Willets Point7•Q48 LGA Airport
Van Siclen Av Z rush hrs, J other times
138 St–GrandConcourse
4•5
M60 SBSLGA Airport
M60 SBSLGA Airport
M60 SBSLGA Airport
Rector St1
Cortlandt St1
Cortlandt St R•W
South Ferry1
World TradeCenter
E
207 St 1
rushhours
4 skips rush hourpeak direction
weekday peakdirection express
rushhours
Roos
evelt
Isl
and
F
Beach44 StA
Beach 36 StA
Beach 25 StA
Far RockawayMott Av
A
Broad Channel
A•S
Beach 67 StA
Beach 60 StA
Beach 90 StA•S
Beach 98 StA•S
Beach 105 StA•S
Rockaway ParkBeach 116 St
A•S
Stat
en Is
land
Fe r
ry
summer only
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Manhattan bound N skips stops dueto constructionuntil 2017
Coney Is. bound N skips stops dueto constructionuntil 2017
LaGuardia Link Q70 SBSM60 SBSQ47Q48Q72
LaGuardia Link Q70 SBS
61 StWoodside
7 •LaGuardia Link Q70 SBS
74 St–Broadway
LaGuardia Link Q70 SBS • 7
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Roosevelt Av
E •F •M•R •LaGuardia Link Q70 SBS
Q47 LGA Airport (Terminal A only)
The subway operates 24 hours a day, but not all lines operate at
all times. Call our Travel Information Center at 511 for more
information in English or Spanish (24 hours) or ask an agent for
help in all other languages (6AM to 10PM).
To show service more clearly, geography on this map has been
modi�ed.
visit www.mta.info
Key
November 2016
Full time servicePart time service
All trains stop (local and express service)
Local service onlyRush hour line
extension
Free subway transferFree out-of-system subway transfer
(excluding single-ride ticket)
Terminal
Bus or AIRTRAINto airport
Accessiblestation
Commuter rail service
Bus to airport
StationName
A•B
New York City Subwaywith bus and railroad connections
Police
© 2016 Metropolitan Transportation Authority
This map depicts weekday service.On weekends and late nights,
these routes change:
Auburndale
Weekends
Late nights (midnight to 6am, daily)
42 St
No service-use C D Q
Delancey St/Essex St–
Metropolitan Av
Dyre Av–Bowling Green
No service-use A D Q
No service-use A
Localservice
Local inBrooklyn
Local, 207 St–Far Rockaway.
Euclid Av-LeffertsBlvd Shuttle
Myrtle Av–Metropolitan Av
Shuttle
No service-use 7
Localservice
No service-use N
Localservice
Local, viaFinancial District
Local inManhattan,
via ManhattanBridge
Whitehall St-95 St
148 St–Times Sq/42 St
Local, Woodlawn–New Lots AvSkips Hoyt St
Dyre Av–E180 StShuttle
No service-use NR
413 WEST 145TH STREET
-
11 413 West 145th Street Confidentiality & Disclaimer
Confidentiality & Disclaimer
This Confidential Offering Memorandum has been prepared
exclusively by Eastern Consolidated (“Eastern Consolidated”) on
behalf of Ownership, the (“Owners”), regarding the purchase of the
property described herein at 413 West 145th Street, New York, New
York (the “Property”). The materials and information contained in
this Confidential Offering Memorandum do not purport to be
all-inclusive or to contain all of the information which
prospective investors may need or desire. All materials have been
developed by Eastern Consolidated, the Owners and other sources and
are subject to variation.
No representation is made by Eastern Consolidated or the Owners
as to the accuracy or completeness of the information contained
herein and nothing contained herein is or shall be relied on as a
promise or representation as to the future performance of the
Property. Although the information contained herein is believed to
be correct, Eastern Consolidated and the Owners and their employees
disclaim any responsibility for inaccuracies and expect prospective
purchasers to exercise independent due diligence in verifying all
such information.
Further, Eastern Consolidated, the Owners and their employees
disclaim any and all liability for representations and warranties,
expressed and implied, contained in or omitted from the
Confidential Offering Memorandum or any other written or oral
communication transmitted or made available to the recipient. The
Confidential Offering Memorandum does not constitute a
representation that there has been no change in the business or
affairs of the Property or the Owners since the date of preparation
of the Offering Memorandum. Analysis and verification of the
information contained in the Confidential Offering Memorandum is
solely the responsibility of the prospective purchaser. Additional
information and an opportunity to inspect the Property will be made
available upon request to interested and qualified investors.
The Owners and Eastern Consolidated each expressly reserve the
right, in their sole discretion, to reject any and all expressions
of interest or offers regarding the Property and/or terminate
discussions with any entity at any time with or without notice. The
Owners shall have no legal commitment or obligation to any entity
reviewing the Confidential Offering Memorandum or making an offer
to purchase the Property unless and until a written agreement for
the purchase of the Property has been fully executed, delivered and
approved by the Owners and its legal counsel and any conditions to
the Owners’ obligations thereunder have been satisfied or waived.
Eastern Consolidated is not authorized to make any representations
or agreements on behalf of the Owners.
This Confidential Offering Memorandum and its contents, except
such information which is a matter of public record or is provided
in sources available to the public (such contents as so limited
herein called the “Contents”) are of a confidential nature. By
accepting the Offering Memorandum, you agree (i) to hold and treat
it in the strictest confidence, (ii) not to photocopy or duplicate
it, (iii) not to disclose the Confidential Offering Memorandum or
any of its contents to any other entity (except to outside advisors
retained by you, if necessary, for your determination of whether or
not to make a proposal and from whom you have obtained an agreement
of confidentiality) without the prior written authorization of the
Owners or Eastern Consolidated, (iv) not to use the Confidential
Offering Memorandum or any of its contents in any fashion or manner
detrimental to the interest of the Owners or Eastern Consolidated,
and (v) to return it to Eastern Consolidated immediately upon
request of Eastern Consolidated or the Owners.
If you have no further interest in the Property, please return
the Confidential Offering Memorandum forthwith.
No inspections of the Property are permitted unless accompanied
by the Owners or a representative from Eastern Consolidated.
-
INVESTMENT SALESRETAIL LEASINGCAPITAL ADVISORY
WWW.EASTERNCONSOLIDATED.COM355 LEXINGTON AVENUE
NEW YORK, NY 10017F. 212.499.7718O. 212.499.7700
