7
EXCLUSIVE OFFERING MEMORANDUM EAST VILLAGE MIXED-USE MULTIFAMILY BUILDING 210 FIRST AVENUE I NEW YORK, NY

EXCLUSIVE OFFERING MEMORANDUM 210 FIRST AVENUE …images4.loopnet.com/d2/FlS6tevtGH_DHSPIqNggCgSw2Wiku3KWuZA1… · and Downtown Manhattan Central Business Districts ... • Located

Embed Size (px)

Citation preview

Page 1: EXCLUSIVE OFFERING MEMORANDUM 210 FIRST AVENUE …images4.loopnet.com/d2/FlS6tevtGH_DHSPIqNggCgSw2Wiku3KWuZA1… · and Downtown Manhattan Central Business Districts ... • Located

EXCLUSIVE OFFERING MEMORANDUM

EAST VILLAGE MIXED-USE MULTIFAMILY BUILDING

210 FIRST AVENUE I NEW YORK, NY

Page 2: EXCLUSIVE OFFERING MEMORANDUM 210 FIRST AVENUE …images4.loopnet.com/d2/FlS6tevtGH_DHSPIqNggCgSw2Wiku3KWuZA1… · and Downtown Manhattan Central Business Districts ... • Located

2 210 FIRST AVENUE EXECUTIVE SUMMARY

Eastern Consolidated, as exclusive agent, is pleased to offer for sale the mixed-use multifamily building at 210 First Avenue. The property is positioned on the east side of First Avenue between East 12th Street and East 13th Street in the East Village. The six-story, ±12,750 square-foot building contains (20) residential units and (2) commercial units.

210 First Avenue benefits from its superior access to public transportation. The crosstown L subway line is located on the corner of East 14th Street and First Avenue. This makes for convenient access to trendy neighborhoods such as Williamsburg, Union Square, and the Meatpacking District. The Second Avenue Subway, which opened its first phase already, will extend down and have a stop at 14th street. This will provide easy access to Midtown and Downtown Manhattan Central Business Districts (CBD).

210 First Avenue is surrounded by many famous restaurants like Momofuku Noodle Bar, Sushi Dojo, Noreetuh, Xi’an Famous Foods and the like. It is also only five minutes away from Saint Marks Place. Additionally, 210 First Avenue is nearby world renowned academic institutions like New York University and Parsons School of Design.

210 First Avenue presents investors with an opportunity to acquire an asset in a superior location in the City.

EXECUTIVE SUMMARY

HIGHLIGHTS

• ±12,750 Square foot mixed-use multifamily building located in the East Village

• Two street level retail stores and twenty residential units

• Tremendous upside in commercial and residential rents• Located one block from 14th Street and First Avenue station providing easy

access to the L-train

• Surrounded by trendiest restaurants and bars

• Walking distance to New York University and Parsons School of Design

Page 3: EXCLUSIVE OFFERING MEMORANDUM 210 FIRST AVENUE …images4.loopnet.com/d2/FlS6tevtGH_DHSPIqNggCgSw2Wiku3KWuZA1… · and Downtown Manhattan Central Business Districts ... • Located

PROPERTY OVERVIEw

Address: 210-212 First Avenue, New York, NY 10009

Location: Located on the east side of First Avenue between East 12th Street and East 13th Street

Block/Lot 440-7

Lot Size: 37' x 80' irreg.

Stories: 6

Gross Square Footage: 12,750 approx.

Residential Units: 20

Commercial Units: 2

Total Units: 22

Zoning: C1-5/R7A

FAR: 4.00

Lot SF: 2,922 approx.

Real Estate Taxes: $151,285

Asking Price: Ownership Request Proposals

PROPERTY OVERVIEw

7

EAST 12TH ST

EAST 13TH ST

AVEN

UE A

FIRS

T AV

ENUE

BLOCK 440

CONTACT

Lev KimyagarovSenior [email protected] 212.602.1428

3 210 FIRST AVENUE

Dean SiokasAssociate Director [email protected] 646.780.4908

Page 4: EXCLUSIVE OFFERING MEMORANDUM 210 FIRST AVENUE …images4.loopnet.com/d2/FlS6tevtGH_DHSPIqNggCgSw2Wiku3KWuZA1… · and Downtown Manhattan Central Business Districts ... • Located

4 210 FIRST AVENUE 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

s t Ri v e r

Ea st Ri v e r

Hu

ds

on

Ri

ve

r

4

AirTrain stops/terminal numbers

7

58

2

1

Q72Q47

M60 SBS

M60 SBS

M60 SBS

Q48

Q10

Q10

B15Q10

AIRTRAIN JFK

AIRTRAIN JFK

Q3

Q3

PA

RK

AV

LIRR

LIRR

LIRR

LIRR

LIRR

Met

ro-N

orth

Metro-North

Metro-N orth

Met

ro-N

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 S

t2• 3

Union S

tR

Carroll S

tF• G

Bergen

St

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–U

nion Sq

L• N

• Q• R

• W• 4• 5• 6

L

• N• Q

• R• W

3 Av

L 1 Av

L

8 St-NYUR•W

Christopher St

Sheridan Sq1

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

Elmhurst

Av

M• R

Grand Av

New

town

M

• R Woodhaven

Blvd

M

• R 63 D

r–Reg

o Park

M

• R• Q72

LGA A

irport

Forest H

ills

71 Av

E• F• M• R

75 Av

E• F Bria

rwood

E

• F

Sutphin BlvdF

Parsons Blvd F

169 StF

Jamaic

a

Van W

yck

E

Kew G

arden

s

Union Tpke

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

Concourse

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

BoweryJ• ZEast

BroadwayF

2 Av

F

Bleeck

er St

6 B’way

–Lafa

yette

St

B• D

• F• M

Essex

St

F

• J• M• Z

Delanc

ey St

Grand St B•D

Prospect AvR

25 StR

36 StD•N•R

45 StR

53 StR

59 StN•R

8 Av

N

Fort Ham

ilton

Pkwy

N

New U

trech

t Av

N 18 Av

N20

AvNBay

Pkwy

N

KingsHwy

N

Avenue U N86 St

N

62 St

D

71 St

D

79 St

D

18 Av D

20 Av D

Bay Pkw

yD 25 Av

DBay 50 St

D

Coney IslandStillwell Av

D•F•N•Q

55 St

D

50 St

DFort Ham

ilton

Pkwy

D

9 Av

DDitm

as Av F

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

Prospec

t ParkF• G

Fort HamiltonPkwy

F•G

Church Av

F• G

Avenue N

F

Avenue I

F

Bay Pkw

y

F

Avenue P

FKings H

wy

F

Avenue U

F

Avenue X

FNep

tune Av

F

West 8 StNY AquariumF•Q

Ocean PkwyQ

Brighton BeachB•Q

Sheepsh

ead Bay

B• Q

Neck R

d

Q

Avenue U

Q

Kings Hwy

B• Q

Avenue M

Q

Avenue J

Q

Avenue H

Q

Newkir

k Plaz

a

B• Q

Cortelyo

u Rd

Q

Beverl

ey Rd

Q

Church Av

B• QFlat

bush Av

Brooklyn C

ollege

2• 5

Newkir

k Av

2• 5

Beverl

y Rd

2• 5

Church Av

2• 5

Winthrop 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 AvCLiberty

AvC

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

Bushwick

Av

Aberdee

n St

L

Wilson Av

L

DeKalb

Av

LJe

fferso

n St

L

Flushing Av

J• MLorim

er St

J• MBroad

way

G

Nassa

u Av

G

Greenpoint A

v

G

Lorimer

St

L

Graham

Av

L Grand St

L Montrose

Av

L Morgan

Av

L

Livonia Av L

Sutter

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

Flushing Av

GMarc

y Av

J• M• Z

Metropolitan Av G

Bedford Av

L

Fresh Pond RdM

Halsey

St

L

Rockaway

AvC

Broad

way

Junc

tion

A

• C• J•

L• Z

Parkside AvQ

Prospect Park B•Q•S

Botanic Garden S

Clinton

Washington AvsG

Classon AvG

Hewes

St J• M

Bedford

Nostrand AvsG

Clinton

Washington Avs

C

HoytSchermerhorn

A•C•G

Kingston Av3

Frankli

n 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

Atlanti

c Av–

Barclay

s Ctr

D• N• R

• LIRR

Bergen

St2• 3

7 Av

B• Q

Nevins St2•3•4•5

Borough H

all

2• 3• 4• 5

Court StR

Grand Arm

yPlaz

a2• 3

Easter

n Pkw

y

Brooklyn M

useu

m2• 3

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

Rooseve

lt

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

QUEENSMIDTOWNTUNNEL

MARINE PARKWAY-GIL HODGESMEMORIALBRIDGE

CR

OS

S B

AY

VE

TER

AN

S’

ME

MO

RIA

L

BR

IDG

E

HEN

RY HU

DSO

N

BRIDG

E

HUGH L. CAREY TUNNEL

BRIDGE

VERRAZANO-NARROWS

BR

IDG

E

RO

BE

RT

F K

EN

NE

DY

THROGS NECK BRIDGE

GEO. WASHINGTONBRIDGE

LINCOLN TUNNEL

HOLLAND TUNNEL

MANHATTAN BRIDGE

BROOKLYN BRIDGE

QUEENSBORO BRIDGE

BRONX-W

HITESTONE

BRIDGE

MA

LC

OL

M X

BL

VD

(LE

NO

X A

V)

NOSTRAND AV

BR

OA

DW

AY

BROADWAY BRIDGE

ST

NIC

HO

LA

S A

V

BR

OA

DW

AY

BR

OA

DW

AY

BROAD

WAY

S

EV

EN

TH

AV

VA

RIC

K S

T

L IVONIA

AV

WES

TCH

ESTE

R A

V

LE

XIN

GT

ON

AV

PA

RK

AV

S

LA

FA

YE

TT

E S

T

EASTERN PARKWAY

rush hour p

eak d

irect

ion

expr

ess

ES

PL

AN

AD

E W

HITE P

LAIN

S RD

JER

OM

E A

V

MANHATTAN AV

UNION AV

LAFAYETTE AV

W EST END LINE

DELANCEY ST

BROADWAY

FULTON ST

JAMAIC

A AV

MYRTLE A

V

VAN SINDEREN AV

WYCKOFF AV

BUSHWICK AV

N 7 ST

HOUSTON ST

R U T GERS ST

JAY

ST

S

MIT

H S

T

NINTH ST

MCDO

NALD AV

FO

UR

TH

AV

86 ST

FO

UR

TH

AV

53 ST

HILLSID

E AV

41 AV 63 ST

SIX

TH

AV

FLATBUSH AV

E 15 ST

BRIGHTON LINE

E 16 ST

GR

AN

D C

ON

CO

UR

SE

QUEENS BLVD

QUEENS BLVD

ARCHER AV

LIBERTY A

V

PITKIN A

V

FULTON ST

FULTON ST

CH

UR

CH

ST

S

I XT

H A

V

GREENWICH AV

EIG

HT

H A

V

CE

NT

RA

L P

AR

K W

ES

T

ST

NIC

HO

LA

S A

V

FO

RT

WA

SH

ING

TON

AV

BRO

ADW

AY

FO

UR

TH

AV

BROADWAY

31 S

T

60 ST

BROAD

WA

Y

BR

OA

DW

AY

BR

OA

DW

AY

ROOSEVELT AV

FLATBUSH AV

WILLIAMSBURG BRIDGE

14 ST

42 ST

rush hour peak direction express

weekday peak direction

expr

ess

rush hour peak direction express

PA

LIS

AD

E A

V

IND

EP

EN

DE

NC

E A

V

HE

NR

Y H

UD

SO

N P

KW

Y

BRO

ADW

AY

231 ST

IRWIN AV

VAN CORTLANDT

PARK SO

MO

SH

OLU

PKW

Y

FORDHAM RD

PELHAM PKWY

180 ST

TREMONT AV

E TREMONT AV

WE

BS

TE

R A

V

BA

INBR

IDGE

TH

IRD

AV

225 ST

BRUCKNER

E

XPWY

ELDER AV ST LAW

RENC

E AV

WHITE PLAINS RD

WHITE PLAINS RD

SOUNDVIEW AV

CASTLE HILL AV

ZEREGA AV H

UTCHINSO

N PKWY

ALLERTON AV BURKE AV

222 ST

233 ST

MID

DLETOWN RD

BR

OA

DW

AY

AM

ST

ER

DA

M A

V

FT

WA

SH

AV

RIV

ER

SID

E D

R

RIV

ER

SID

E D

R

145 ST

135 ST

AM

ST

ER

DA

M A

V FIF

TH

AV

5 A

V

MA

DIS

ON

AV

TH

IRD

AV

3 A

V

SE

CO

ND

AV

2

AV

2 A

V

1 AV

FIR

ST

AV

1 A

V

YO

RK

AV

WE

ST

EN

D A

V

72 ST

CO

LU

MB

US

AV

66 ST 66 ST

WE

ST S

T

WE

ST S

T

53 ST

E 8 ST

FD

R D

R

GRAND ST

E BWAY

SOUTH

ST

WATE

R ST

ASTORIA BLVD

NORTHERN BLVD

DITMARS BLVD

111 ST

112 ST

ST

EIN

WA

Y S

T

LONG ISLAND EXPWY

HORACE HARDIN

G EXPW

Y

LONG ISLAND

EXPWY

36 S

T

30 AV

GR

EEN

PO

INT

AV

21

ST

JUNCTION BLVD

JEWEL A

V

UTOPIA PKW

Y

PARSONS BLVD

KISSENA BLVD

MAIN ST

HILLSIDE AV

JAMAIC

A AV

SUTPHIN BLVD

111 ST

LINDEN B

LVD LEFFERTS BLVD

MERRICK BLVD

METROPOLITAN AV

METROPOLITAN AV

NASSAU AV

BEDFORD AV

FLUSHING AV

FOREST AV

WOODHAVEN BLVD

MYRTLE AV

JAC

KIE

RO

BIN

SO

N P

AR

KW

AY

WILSON AV

BUSHWICK AV

MYRTLE AV

BERGEN ST

BERGEN ST

LIBERTY A

V

HIC

KS

ST

HE

NR

Y S

T

9 ST

UNION ST CHURCH A

V

PROSPECT AV

OCEAN PKWY

CONEY ISLAND AV

9 AV

FO

RT

HAM

ILTO

N P

KWY

PARKSIDE A

V

WIN

THROP ST

NOSTRAND AV

AV Z

EMM

ONS AV

AV U

FLATBUSH AV

WASHINGTON

UTIC

A A

V

UTIC

A AV

86 ST

KIN

GS

HW

Y

FIF

TH

AV

39 ST

REMSEN AV

AV M

FLA

TLA

ND

S A

V

AV H

OCEAN AV

BE

DF

OR

D A

V

BEDFORD AV

NOSTRAND AV

VAN SICLEN AV

PENNSYLVANIA AV

CR

OS

S B

AY

BLVD

CR

OS

S B

AY

BLV

D

PARSON

S BLVD

WH

ITESTO

NE

EX

PW

Y

CANAL ST

CANAL ST SPRING ST

T R A M W A Y

HOUSTON ST

3 AV

BOWERY W 4 ST

E 4 ST

BLEECKER ST

BLEECKER ST

23 ST 23 ST

50 ST 50 ST

59 ST CENTRAL PARK SOUTH

79 ST

125 ST

116 ST

96 ST

86 ST

UNIVERSITY HTS BR

UNION T

URNPIKE

CLEARVIEW EXPWY

FR

ED

ER

ICK

D

OU

GL

AS

S B

LV

D

AD

AM

CL

AY

TO

NP

OW

EL

L B

LV

D (7A

V)

VAN WYCK EXPW

Y

SEAGIRT BLVD

BE

AC

H C

HAN

NEL DR

RO

CK

AW

AY

BE

AC

H B

LVD

KIN

GS

HIG

HW

AY

82 ST

VE

RN

ON

BL

VD

BE

AC

H C

HA

NN

EL

DR

RO

CK

AWAY P

T B

LVD

HAMILTON BRIDGE

WASHINGTON BRIDGE

CROSS BRONX EXPWY

BAYCHESTER AV

9 AV

10 AV

11 AV

GR

AN

D A

V

SpuytenDuyvil

Riverdale

UniversityHeights

MorrisHeights

Harlem125 St

Melrose

Yankees-E153 St

Tremont

Fordham

Botanical Garden

WilliamsBridge

Woodlawn

Wake�eld

LongIslandCity

9 St

14 St

23 St

33 St

Christopher St

Hunterspoint Av

Woodside

Mets–Willets Point

Flushing

ForestHills

JamaicaKewGardens

Hollis

Auburndale Bayside Douglaston

Manhasset

GreatNeck

LittleNeck

MurrayHill

Broadway

Inwood

LocustManor

FarRockaway

East NY

Nostrand Av

MarbleHill

WTC

VANCORTLANDT

PARK

BRONXZOO

PELHAMBAY

PARK

ORCHARDBEACH

CENTRALPARK

WASHINGTONSQUARE PARK

METROPOLITANMUSEUMOF ART

RANDALLSISLAND

JAVITSCENTER

RIVERBANKSTATE PARK

INWOODHILL PARK

FORT TRYONPARK

UNITEDNATIONS

FLUSHINGMEADOWSCORONA

PARK

PROSPECTPARK

BROOKLYNBOTANICGARDEN

FORT GREENEPARK

GREEN-WOODCEMETERY

LAGUARDIAAIRPORT

JFKINTERNATIONAL

AIRPORT

JAMAICABAY

WILDLIFEREFUGE

GATEWAYNATIONAL

RECREATIONAREA–

JAMAICA BAY

EASTRIVERPARK

BROOKLYNBRIDGEPARK

KISSENAPARK

CUNNINGHAMPARK

MARINEPARK

FLOYDBENNETT

FIELD

JUNIPERVALLEY

PARKFORESTPARK

RIVERSIDE PARK

HUDSON RIVER PARK

HIGHBRIDGEPARK

JACOBRIIS

PARK

LIBERTYISLAND

ELLISISLAND

NEW YORKTRANSITMUSEUM

southbound

northbound

southbound

southbound only

6

SexceptSexcept

7

2,3 andnorthbound4,5

BROOKLYN

MANHATTAN

QUEENS

THEBRONX

FINANCIALDISTRICT

BATTERY PARK CITY

CHINATOWN

LITTLE ITALYSOHO

TRIBECA

GREENWICHVILLAGE

CHELSEA

WESTSIDE

UPPEREASTSIDE

UPPERWESTSIDE

EASTHARLEM

HARLEM

WASHINGTONHEIGHTS

EASTVILLAGE

LOWEREAST SIDE

NOHO

RIVERDALE

KINGSBRIDGE

HIGH-BRIDGE

FORDHAM

TREMONT

MORRISANIA

THE HUB

HUNTS POINT

RIKERSISLAND

MOTT HAVEN

SOUNDVIEW

PARKCHESTER

CITYISLAND

BAYCHESTER

CO-OPCITY

EASTCHESTER

ASTORIA

LONGISLAND

CITY

ROOSEVELTISLAND

JACKSONHEIGHTS

CORONA

FLUSHING

HILLCREST

FRESHMEADOWS

JAMAICAESTATES

JAMAICA

HOLLIS

QUEENSVILLAGE

KEWGARDENS

KEWGARDENS

HILLS

RICHMONDHILL

FORESTHILLS

REGO PARK

MIDDLEVILLAGE

GLENDALEWOODHAVEN

OZONEPARK

HOWARD BEACHEASTNEWYORK

OCEAN HILL-BROWNSVILLE

CANARSIE

EASTFLATBUSH

MIDWOOD

BENSONHURST

FLATBUSH

PARKSLOPE

REDHOOK

GOVERNORSISLAND

CARROLLGARDENS

FLATLANDS

ROCKAWAYPARK

BREEZYPOINT

SHEEPSHEADBAY

BRIGHTONBEACH

CONEY ISLAND

BAY RIDGE

BOROUGHPARK

SUNSETPARK

BROOKLYNHEIGHTS

WILLIAMSBURG

FORT GREENE

GREENPOINT

BEDFORD-STUYVESANT

CROWNHEIGHTS

BUSHWICK

RIDGEWOOD

MASPETH

DUMBO

NAVYYARD

MTA

Sta

ten

Isla

nd R

ailw

ay

Grasmere

St. George

Tompkinsville

Stapleton

Clifton S51

Old Town

Dongan Hills

Jefferson AvGrant City

S51/81

New Dorp

Oakwood Heights S57

Bay Terrace

Great KillsS54 X7 X8

Eltingville

Annadale S55

Huguenot S55 X17 X19

Prince's Bay S56

Pleasant Plains

Richmond ValleyNassauS78

AtlanticS78

Tottenville S78

RICHMOND TERRACE

VICTORY BLVD

VA

ND

ER

BIL

T A

V

ARTHUR KILL RD

STATEN ISLAND EXPRESSWAY VERRAZANO-NARROWS BRIDGE

FOREST AV

HYLA

N B

LVD

HYLAN BLVD

AR

TH

UR

KIL

L R

D

WE

ST

SH

OR

E E

XP

WY

RIC

HM

ON

D A

V

SILVERLAKEPARK

SNUG HARBORCULTURAL CENTER

COLLEGE OFSTATEN ISLAND

SEAVIEW

HOSPITALSTATENISLANDMALL

NEWSPRINGVILLE

PARK

LA TOURETTEPARK

GREATKILLSPARK

CLOVELAKESPARK

STATENISLAND

PORTRICHMOND

WEST NEWBRIGHTON

MARINERSHARBOR

FOXHILLS ROSEBANK

CASTLETONCORNERS

BULLSHEAD

CHELSEA

WESTERLEIGH

TODTHILL

NEWDORPBEACH

WOODROWROSSVILLE

CHARLESTON

ARDENHEIGHTS

FRESHKILLS

RICHMONDTOWN

TOTTENVILLEBEACH

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

Jackson Hts

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

210 FIRST AVENUE

Page 5: EXCLUSIVE OFFERING MEMORANDUM 210 FIRST AVENUE …images4.loopnet.com/d2/FlS6tevtGH_DHSPIqNggCgSw2Wiku3KWuZA1… · and Downtown Manhattan Central Business Districts ... • Located

Confidentiality Agreement -1- Fax to: 212-499-7718

PRINCIPAL REGISTRATION AND CONFIDENTIALITY AGREEMENT

THIS REGISTRATION AND CONFIDENTIALITY AGREEMENT (this “Agreement”), made effective as of the _________ day of _________________, ______, by and between EASTERN CONSOLIDATED as agent of the Seller (“Seller”), and __________________________________(1), a ________________________(2), whose address is __________________________________(3), (“Principal”), is to, among other things, assure the protection and preservation of the confidential and/or proprietary nature of information to be disclosed or made available to Principal by Seller, or Eastern Consolidated relating to the potential purchase and sale of the real property commonly known as 210 First Avenue, New York, New York (the “Property”). NOW, THEREFORE, for good and valuable consideration, the parties hereto, for themselves, or for any corporation, partnership, association, joint stock company, limited liability company, limited liability partnership, or trust directly or indirectly controlling, controlled by or under common control of such party, or any employee, servant, agent of such party (all the foregoing being hereinafter collectively referred to as Principal’s “Affiliates”), agree as follows: 1. Registration and Compensation. By execution below, Principal hereby registers its interest in the potential purchase of the Property and acknowledges receipt of the materials included in the offering package pertaining to the Property prepared by Eastern Consolidated and delivered herewith (the “Offering Package”). Principal hereby agrees that, notwithstanding anything herein or any other agreement or principle of law or equity to the contrary, in no event shall Seller and/or Eastern Consolidated be liable or responsible to pay, or cause to be paid, to any real estate broker, finder, consultant, agent or any other similar party (such parties being hereinafter collectively referred to as the “Broker”) any compensation whatsoever including, without limitation, any brokerage commission (or similar charge). Principal hereby agrees to defend, indemnify and hold harmless Seller and Eastern Consolidated from and against any and all claims, demands, or causes of action or other liability, cost or expense, including reasonable attorneys’ fees and disbursements, arising from, relating to or pertaining to any claim(s) of any Brokers alleging to have dealt with or through us in connection with the Property. 2. Scope. For purposes of this Agreement, the “Proprietary Information” shall mean any and all information disclosed relating to the Property, the documents and information included in the Offering Package of which this Agreement is a part, or any other oral, written, graphical, and electronic information disclosed to the Principal or any of its Affiliates (the Principal and its Affiliates shall hereinafter sometimes be referred to as the “Recipient”) by Seller or any agent of Seller (including, without limitation, Eastern Consolidated). 3. Limitation. The term “Proprietary Information” does not include information which: (a) has been or may in the future be published, or is now or may in the future be otherwise, in the public domain through no fault of the Recipient; (b) prior to disclosure pursuant to this Agreement is properly within the legitimate possession of the Recipient; (c) subsequent to disclosure pursuant to this Agreement, is lawfully received from a third party having rights in the information without restriction of the third party’s right to disseminate the information and without notice of any restriction against its further disclosure; (d) is independently developed by the Recipient through parties who have not had, either directly or indirectly, access to or knowledge of such Proprietary Information; (e) is approved for disclosure by prior written consent of an authorized signatory of Seller; or (1) Insert Name (2) Insert Type of Entity (3) Insert Address

Page 6: EXCLUSIVE OFFERING MEMORANDUM 210 FIRST AVENUE …images4.loopnet.com/d2/FlS6tevtGH_DHSPIqNggCgSw2Wiku3KWuZA1… · and Downtown Manhattan Central Business Districts ... • Located

Confidentiality Agreement -2- Fax to: 212-499-7718

(f) is obligated to be produced by law, under order of a court of competent jurisdiction or other similar requirement of a governmental agency, so long as the Recipient required to disclose such information provides Seller with prior written notice of any required disclosure pursuant to such law, order or requirement. 4. Use. Principal agrees to use the Proprietary Information only for the purpose of analyzing whether to deliver an offer to purchase the Property in accordance with the Offering Package. No other rights are implied or granted under this Agreement or by the conveying of the Proprietary Information. Principal agrees that it shall not disclose the Proprietary Information to any party whatsoever except, subject to the terms and conditions of this Agreement, to (a) its employees, officers, and directors or those of its Affiliates, (b) third-parties being utilized to perform investigations or analyze information, so as to advise the Principal with respect to submitting an offer on the Property; or (c) third-parties providing the Principal with financing for purchase of the Property, unless Seller shall have delivered its prior written consent to such disclosure of the Proprietary Information. 5. Reproduction. Proprietary Information supplied is not to be reproduced in any form, without having obtained the prior written consent of Seller (acting through Eastern Consolidated). 6. Duty of Care. All Proprietary Information shall be retained by the Principal in a secure place with access limited to only such of the Principal’s employees (or Affiliates) who need to know such information for purposes of determining whether Principal shall elect to deliver an offer in accordance with the Offering Package. 7. Term. This agreement shall terminate on the earlier to occur of (i) one (1) year following the Effective Date or (ii) execution and delivery of a written agreement evidencing the parties’ mutual intent to terminate this Agreement. All of the obligations undertaken by each party hereto shall survive and continue after any termination of this Agreement. 8. Ownership. All Proprietary Information, unless otherwise specified in writing, (a) remains the property of Seller, and (b) must be used by the Principal only for the purpose intended. Upon the earlier to occur of (i) termination of this Agreement or (ii) one (1) year following the Effective Date all copies of written, recorded, graphical or other tangible Proprietary Information shall be returned to Seller. 9. Right to Enjoin Disclosure. The parties acknowledge that a Recipient’s unauthorized disclosure or use of Proprietary Information may result in irreparable harm to Seller. Therefore, the parties agree that, in the event of violation or threatened violation of this Agreement, and without limiting any other rights and remedies of Seller, a temporary restraining order and/or an injunction to enjoin disclosure of Proprietary Information may be sought against the Recipient who has breached or threatened to breach this Agreement, and the Recipient who has breached or threatened to breach this Agreement will not raise the defense of an adequate remedy at law. 10. “As Is” Sale. The materials and information concerning the Property contained herein and in the Offering Package, and any and all other information provided by Seller or Eastern Consolidated, their counsel and/or their employees, agents, subsidiaries or affiliates, is based in part upon information and materials obtained from sources deemed reliable, but without any independent verification having been undertaken. Principals must not base their offers upon information disseminated in the Offering Package or otherwise made available to Principal by or on behalf of Seller such as, but not limited to, environmental studies, reports, repair estimates, or other studies, proforma and financial information that may be provided by the Seller or Eastern Consolidated, but shall rely solely on their own estimates and studies. No warranty or representation, express or implied, is made by either Seller or Eastern Consolidated and their employees and agents, as to the accuracy or completeness of any or all such information.

Page 7: EXCLUSIVE OFFERING MEMORANDUM 210 FIRST AVENUE …images4.loopnet.com/d2/FlS6tevtGH_DHSPIqNggCgSw2Wiku3KWuZA1… · and Downtown Manhattan Central Business Districts ... • Located

Confidentiality Agreement -3- Fax to: 212-499-7718

11. General. (a) This Agreement shall be governed by the laws of the State of New York. Any claim arising out of or

related to this agreement shall be submitted to binding arbitration conducted by the American Arbitration Association, New York County, pursuant to their rules related to real estate disputes. The parties agree to submit the dispute to three (3) arbitrators chosen pursuant to AAA Rules. This shall be the sole remedy for any resolution of a dispute and the parties consent to the exclusive jurisdiction of the American Arbitration Association. There are no understandings, agreements or representations, express or implied, not specified herein.

(b) This Agreement represents the entire understanding between the parties as to the subject matter hereof, and the terms of this Agreement supersede the terms of any prior agreements or understandings, written or oral.

(c) This Agreement may not be amended except in a writing signed by the parties. (d) The provisions of this Agreement are to be considered as severable, and in the event that any

provision is held to be invalid or unenforceable, the parties intend that the remaining provisions will remain in full force and effect.

(e) Captions in this Agreement are for ease of reference only and should not be considered in the construction of this Agreement.

(f) There are no third party beneficiaries to this Agreement. (g) Failure by a party to enforce or exercise any provision, right or option contained in this Agreement

will not be construed as a present or future waiver of such provision, right or option. (h) The existence of this Agreement and the nature of the discussions between the parties may not be

disclosed by either party without the prior written consent of the other party. (i) For purposes of this Agreement, the purchase and/or sale of the Property shall mean any transaction,

including, but not limited to a lease, mortgage or other debt financing or equity financing. IN WITNESS THEREOF, the parties have executed this Agreement as of the effective date stated above. PRINCIPAL By: ____________________________________ Name:

Title:

Company Name:

Email Address:

Phone Number:

EASTERN CONSOLIDATED By: ___________________________________ Name: Title: