Location: Prime Midtown Manhattan between 5th and 6th Avenue Projected CAP rate: 5.1% Type: 5-story mixed-use elevator building Residential Units: 11 total (8 Free Market, 3 Rent Stabilized) Retail Units: 3 storefronts 2nd Floor Restaurant Space: Currently vacant. Air Rights: 15,436 SF available—significant potential for upward expansion or sale Current CAP Rate: 3.9% Projected CAP Rate (with 2nd floor leased): 5.1%