Click Here for the Offering Memorandum and Data Room: https://docsend.com/view/s/kdpbjuy9wtnpzhqa 3469–3489 Lexington Avenue | Mohegan Lake, NY 59 Units | 100% Free-Market | $8,995,000 | 6.52% Going-In Cap I am pleased to offer for sale Tuscan Gardens, a 59-unit, 100% free-market multifamily property located at 3469–3489 Lexington Avenue in Mohegan Lake, NY. The property offers an attractive combination of strong in-place cash flow and substantial value-add potential. Current rents are meaningfully below market, while the buildings and units provide an opportunity for a new owner to implement a comprehensive renovation and repositioning program. Investment Highlights $8,995,000 asking price 59 free-market apartments 6.52% going-in capitalization rate Approximately $152,500 per unit Significant mark-to-market rent opportunity through unit renovations Approximately $2.2 million contemplated capital improvement program, including unit renovations, exterior improvements, landscaping, and reserves. Significant opportunity to improve the property's exterior appearance, landscaping, signage and overall resident experience Approximately 2 acres of open land that may provide additional development potential, subject to zoning, engineering and municipal approvals Potential pathway for approximately 11–12 additional units, subject to all required approvals 5-year business plan provides a clear path to materially higher NOI through rent growth and property improvements Tuscan Gardens presents a compelling opportunity for an investor to acquire a 100% free-market Westchester County multifamily asset with immediate cash flow and multiple avenues for value creation. The Offering Memorandum includes the current rent roll, rental comparables, five-year pro forma, capital improvement plan, conceptual renovation renderings, aerial imagery and analysis of the potential development opportunity. Adam Kessner, Broker Milton Point Realty Advisors, LLC adamkessner@gmail.com DISCLAIMER The information contained herein has been obtained from sources believed to be reliable; however, neither Seller nor Milton Point Realty makes any representation or warranty, express or implied, as to the accuracy or completeness of the information. Prospective purchasers are responsible for conducting their own independent investigation and due diligence concerning the Property, including, without limitation, rents, expenses, square footage, physical condition, zoning, development potential, environmental matters, utilities, sewer connection, taxes and all financial projections. All projected rents, renovation concepts, development scenarios, pro forma results and estimates of future performance are for illustrative purposes only and are not guarantees of future results. Any potential additional development is subject to zoning, site plan, engineering, environmental and other governmental approvals. Conceptual renderings are illustrative only and do not represent existing conditions or approved plans. Seller expressly reserves the right, in its sole discretion, to reject any or all expressions of interest or offers and to terminate discussions with any party at any time.