H i g h R e n t R o l l from C o - Wo r k i n g O ff i c e R e n t a l s, o r L i v e / Wo r k. 2 1 D o w n i n g St r e e t

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2 D E S C R I P T I O N A unique investment opportunity on a serene block in the heart of the West Village. With office units for rent on the ground floor and three one-bedroom apartments upstairs, the opportunity is here to collect a rent roll of nearly $400,000 annually that s a 4.34% return. * Or, convert the upper floors to a spectacular owner s triplex and take advantage of a live/work situation. A recent and thorough renovation has given this building crisp, clean lines on every floor. With exposed brick and ceilings, laundry in every apartment, brand new mechanicals, and gorgeous hardwood floors, you ll find an exciting blend of old and new in this unusual brownstone. And just around the corner is the cultural mecca of Greenwich Village; you are mere minutes away from West 4th Street, Macdougal Street, and Houston Street. All of the building, with the exception of the third floor apartment, is occupied by the owner s business or family and can be delivered vacant at closing. The third floor apartment has a lease that expires September 30, L AY O U T Garden Level: As you enter from the street, take note of the lovely flowers carved into the front pillars. This floor consists of a co-working space with nine office units for rent, which adds up to * The rent projection is based on $15,400 per month from the three residential units above and $17,000 per month from the garden/basement duplex offices. These offices can be delivered vacant at closing. They are occupied by the current owners, who have a ten-year lease at this rate and would be happy to continue. There are a total of nine office spaces plus a kitchen. The owner has been offered over $2,000 per month per office. At the $17,000 rate, the average per office is $1,888 per month.

3 a handsome rent roll each month. A shared kitchenette with stainless steel appliances and vibrant cobalt blue cabinetry rests at the rear of the floor. You ll also find a rear garden, perfect for enjoying lunch outside, as well as a half bathroom. There are eleven air conditioning zones on this floor, allowing each office unit its own climate control. Parlour Level: This floor-through one-bedroom apartment includes its own private terrace. Bright sunlight streams into the tall living room windows at the front of the floor. A well-appointed kitchen with new stainless steel appliances rests just behind it. The full bathroom includes a washer-dryer. In the rear, a sizable bedroom, with its own decorative fireplace, leads out to the gorgeous wood terrace. Brand-new hardwood floors and exposed brick can be found throughout the apartment. Third Floor: This floor contains another floor-through one-bedroom apartment. Each unit contains two air conditioning zones, allowing air to flow in two directions. The sunlight flowing in, already brilliant on the parlour floor, just gets brighter as you go up. Fourth Floor: As you make your way to the top of the stairs, you ll notice the bright sun from the skylight in the ceiling. Another floor-through one-bedroom apartment graces this floor, with the same layout and amenities as the parlour and third floor apartments. Cellar Level: This fully finished basement with pale wood floors and good ceiling height is perfect for a play room, media center, yoga, or even a conference room. There is a separate room for storage, an AO Smith water heater, and a Weil McLain boiler. Note: There is an open permit with approved plans to build a roof deck.

4 R E N T R O L L Unit Layout Rent Lease Expiration 1 Offices $17,000 November 30, Bed $5,300 Owner-Occupied 3 1 Bed $5,050 September 30, Bed $5,000 Owner-Occupied Estimated Total Rent $32,350 Annual Estimated Income $388,200 Offices are rented to owner s commodity trading firm. They are happy to continue at this rate, or they can deliver it vacant if buyer prefers.

5 E S T I M AT E D E X P E N S E S Real Estate Taxes ( ) $24,265 Insurance $5,265 Utilities $3,400 Water/Sewer $2,430 Boiler Contract $1,200 Recycling, Trash, and Snow Removal $4,200 Total Estimated Annual Expenses $40,760 A D D I T I O N A L I N F O R M AT I O N Year Built 1900 (est.) Historic District Yes Zoning R6 FAR as Built 3.2 Maximum Allowable FAR 4.8 Tax Class 2A Approximate Square Footage: 3,550 Price: $8,950,000 Buyers Call: Cathy Connolly, Buyer Specialist (212) , ext. 219 Brokers Call: Brian Pascus, Sales Representative (212) , ext. 228 Negotiations Call: Dexter Guerrieri, President (212) , ext. 211

6 11' V A N D E N B E R G, I N C The Townhouse Experts '-3" 18'-6" 18'-6" REAR YARD 5'3" x 18'6" 9'4" x 8'8" 21 DOWNING STREET 0 2' 4' DECK 11'0" x 18'6" 5'9" x 8'0" B WH BOILER ROOM 14'0" x 9'2" BEDROOM 14'6" x 14'5" BEDROOM 14'6" x 14'5" BEDROOM 14'6" x 13'2" STORAGE W/D 70' 70' W/D W/D GAS UTILITY ROOM 14'0" x 6'9" ELEC KITCHEN 8'4" x 11'6" KITCHEN 8'4" x 11'6" KITCHEN 8'1" x 11'6" CONFERENCE ROOM 14'3" x 32'10" LIVING / DINING ROOM 14'6" x 12'4" 5'9" x 8'3" LIVING / DINING ROOM 14'6" x 12'4" LIVING / DINING ROOM 14'6" x 12'4" H2O BASEMENT 8'3" HEIGHT CEILING 8' N 9'4" x 8'5" FIRST FLOOR 10'9" FRONT / 12'3" REAR SECOND FLOOR 9'4" FRONT / 9'9" REAR THIRD FLOOR 9'0" HEIGHT STAIRCASE V A N D E N B E R G, I N C. T he T ownhouse E xperts L I C E N SE D R E A L E STA TE B R O K E R B R O A D W A Y, 9 T H F L O O R N E W Y O R K, N E W Y O R K P h o n e F a x W W W. T O W N H O U S E E X P E R T S. C O M Al l i nf or mat i on is f rom s ou r c es d e e m e d r eliable a n d is s u b m i t t ed subj ec t to er r or s, c h a n g e s o f pr ice, rent al, pr i or sale, a n d w i t h d r a w a l w i t h ou t not ice. FOURTH FLOOR 8'10" FRONT / 9'4" REAR