421A Tax Abatement active through 2033 Strong ROI with an in place CAP rate of 8.66% Strong rental upside post-abatement expiration with a pro forma CAP rate of 10.16% (even with full taxes) Final Certificate of Occupancy issued in 2024 — Not subject to Good Cause Eviction laws Individually metered units — tenants pay their own utilities Legal Rents are higher then current preferential rents Low operating costs and minimal maintenance requirements COMMERCIAL AND 2 UNITS ON 2ND FLOOR WILL BE DELIVERED VACANT AT CLOSING