This exceptional 12-unit property underwent a full gut renovation in 1990, completed with all permits and approved plans, converting the building from its original 9-unit configuration to its current, more efficient 12-unit layout. Structurally, the building is a standout asset. Its generous 50-foot-wide facade spans four stories, allowing for three expansive apartments per floor — a rare and highly desirable layout that is difficult to replicate in the current market. The building is in impeccable, turn-key condition throughout, reflecting pride of ownership and consistent maintenance. Rent collections are at 100%, underscoring strong tenant quality and stable, reliable cash flow. The property currently benefits from a J-51 tax abatement, which is set to expire in under two years — an important consideration for prospective buyers evaluating near-term tax exposure and underwriting.