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252 W . 132nd Street
8 UNITS * FREE MARKET * GUT RENOVATED OFFERING MEMORANDUM
252 W. 132nd Street
New York, NY 10 0 27
Presented by:
Michael Nukho
President
(914) 670 -70 65
MNukho@ NuRealtyAdvisors.com
Lic: 10 31120 330 5
Lukasz Przybylek
Executive Vice President
(914) 479-2721
LukaszPrzybylek@ gmail.com
Lic: 10 30 12120 62
252 W. 132nd Street
CONTENTS
Exclusively Marketed by:
Michael Nukho
President
(914) 670 -70 65
MNukho@ NuRealtyAdvisors.com
Lic: 10 31120 330 5
Lukasz Przybylek
Executive Vice President
(914) 479-2721
LukaszPrzybylek@ gmail.com
Lic: 10 30 12120 62
We obtained the following information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions,
change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent the current or future performance of the
property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
0 1 Additional Information
Drone Video
0 2 Financial Analysis
Financial Analysis & Cash Flow
0 3 Executive Summary
Investment Summary
Location Summary
0 4 Property Description
Property Features
Aerial Map
Property Images
0 5 Demographics
Demographics
Demographic Charts
0 6 Company Profile
Company Bio
Advisor Profile
252
W
.
132nd
Street
|
Additio
nal
Info
rmatio
n
252
W
.
132ND
STREET
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0 1 Additional Information
Drone Video
252
W
.
132nd
Street
|
Financ
ial
Analysis
252
W
.
132ND
STREET
.....................................................
0 2 Financial Analysis
Financial Analysis & Cash Flow
PROPERTY ADDRESS
PROPERTY INFORMATION
Building SF 3,607
Lot SF 1,786
Average Floor SF 902
Building FAR 2.02
Class B
Zoning R7-2
Number of Residential Units 8
DHCR Last Filing Year N/A
Stories 3
Year Built 1899
Year Renovated 2017
Elevator N/A
Heat Type Electric
APN 1937-0052
UTILITIES / RESPONSIBLE PARTY
Electric Tenant
Cooking Gas Tenant
Heat Tenant
Hot Water Landlord
UNIT MIX
1 Bedroom 6
Duplex with 2 Bath 2
Total Number of Units 8
Portfolio Description & Summary
252 W. 132nd Street, New York, NY 10027
Financial Analysis & Cash Flow | 252 W. 132nd Street 6
Portfolio Description & Summary
ACQUISITION STRUCTURE
Purchase Price 3,965,000
$ A
Initial Equity Investment 1,387,750
$ 35.00% Equity Percentage
Loan Amount 2,577,250
$ 65.00% Loan-to-Value (LTV) Percentage
ACQUISITION MATRIX
Number of Units 8.00
Price Per Unit 495,625
$
Gross Rent Multiple (GRM) 15.40
Capitalization Rate 5.17%
Net Operating Income (NOI) 204,799
$
PROPOSED DEBT STRUCTURE
Interest Rate 6.00%
Fixed Rate Period 10 Years
Equity Percentage 35.00%
Loan-to-Value (LTV) Percentage 65.00%
Interest Only Period 3 Years
Amortization Period 7 Years
Loan Term 30 Years
PROPOSED ANNUAL INFLATION RATE
Residential Income 3.00%
Operating Expenditures 1.50%
Period CFADS Cash-On-Cash % Cap Rate % GRM
Year 1 50,164
$ 3.61% 5.17% 15.40
Year 2 54,297
$ 3.91% 5.27% 14.96
Year 3 61,134
$ 4.41% 5.44% 14.52
Year 4 37,397
$ 2.69% 5.62% 14.10
Year 5 44,668
$ 3.22% 5.80% 13.69
Year 6 52,166
$ 3.76% 5.99% 13.29
Year 7 59,898
$ 4.32% 6.19% 12.90
Year 8 67,871
$ 4.89% 6.39% 12.52
Year 9 76,092
$ 5.48% 6.60% 12.16
Year 10 84,569
$ 6.09% 6.81% 11.81
Total CFADS Earned During Loan Term & Average ROIs 588,257
$ B 4.24% 5.93% 13.53
RETURN ON INVESTMENT (ROI) SUMMARY FOR HOLD PERIOD
Financial Analysis & Cash Flow | 252 W. 132nd Street 7
Portfolio Description & Summary
Net Operating Income at Year 10 269,992
$
Price Per Unit 749,979
$
Acquisition Capitalization Rate at Year 10 4.50%
Property Valuation at Year 10 5,999,830
$ C
Less: Purchase Price 3,965,000
$ A
Gross Excess Equity Earned at Year 10 2,034,830
$ D (C - A)
Add: Total CFADS Earned During Hold Period / Loan Term 588,257
$ B
Total Excess Equity and CFADS Recognized at Year 10 2,623,088
$ (D + B)
Property Valuation at Year 10 5,999,830
$ C
Loan-to-Value Percentage 75%
Principal Loan Amount for Refinance 4,499,873
$
Repayment of Principal Balance of Initial Loan due at Year 10 (2,438,453)
Refinance - Cash Out 2,061,420
$
New Buying Power with New Cash Out Proceeds (25% Equity) 8,245,679
$
At Year 10, the property would have collected a total Cash Flow After Debt Service (CFADS) of: 588,257
$
At Year 10, all of the Initial Equity has been recovered and the valuation of the property has increased by: 2,034,830
$
At Year 10, you will be able to refinance the property up to a 75% Loan-to-Value (LTV) for a Cash Out of: 2,061,420
$
At Year 10, you will be able to purchase a New Property using the Cash Out Proceeds and Income of up to: 8,245,679
$
DISPOSITION SCENARIO AT YEAR 7
REFINANCE SCENARIO AT YEAR 10
SUMMARY OF TRANSACTION
Financial Analysis & Cash Flow | 252 W. 132nd Street 8
Michael Nukho
NYS Licensed Broker
573 South Broadway
Yonkers, NY 10705
Direct: 914-670-7065
Mobile: 914-552-5758
Fax: 914-969-7015
Email: MNukho@NuRealtyAdvisors.com
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7 YEAR 8 YEAR 9 YEAR 10
Gross Potential Income (GPI) 270,600
$ 278,718
$ 287,080
$ 295,692
$ 304,563
$ 313,700
$ 323,111
$ 332,804
$ 342,788
$ 353,072
$
Concession (13,200)
$ (13,596)
$ (14,004)
$ (14,424)
$ (14,857)
$ (15,302)
$ (15,761)
$ (16,234)
$ (16,721)
$ (17,223)
$
Actual Gross Income (AGI) 257,400
$ 265,122
$ 273,076
$ 281,268
$ 289,706
$ 298,397
$ 307,349
$ 316,570
$ 326,067
$ 335,849
$
Vacancy / Reserves (7,722)
$ (7,954)
$ (8,192)
$ (8,438)
$ (8,691)
$ (8,952)
$ (9,220)
$ (9,497)
$ (9,782)
$ (10,075)
$
Effective Gross Income (EGI) 249,678
$ 257,168
$ 264,883
$ 272,830
$ 281,015
$ 289,445
$ 298,129
$ 307,072
$ 316,285
$ 325,773
$
Real Estate Taxes 14,889 15,112 15,339 15,569 15,802 16,039 16,280 16,524 16,772 17,024
Water & Sewage 8,000 8,120 8,242 8,365 8,491 8,618 8,748 8,879 9,012 9,147
Electric 1,800 1,827 1,854 1,882 1,910 1,939 1,968 1,998 2,028 2,058
Insurance 5,500 5,583 5,666 5,751 5,837 5,925 6,014 6,104 6,196 6,289
Heat - - - - - - - - - -
Superintendent / Porter 2,400 2,436 2,473 2,510 2,547 2,585 2,624 2,664 2,704 2,744
Repairs & Maintenance 4,800 4,872 4,945 5,019 5,095 5,171 5,249 5,327 5,407 5,488
Management & Administration 7,490 10,287 10,595 10,913 11,241 11,578 11,925 12,283 12,651 13,031
Total Expenditures 44,879 48,236 49,114 50,010 50,924 51,856 52,808 53,779 54,769 55,781
Net Operating Income (NOI) 204,799 208,932 215,769 222,820 230,091 237,589 245,321 253,294 261,515 269,992
Equity 1,387,750 1,387,750 1,387,750 1,387,750 1,387,750 1,387,750 1,387,750 1,387,750 1,387,750 1,387,750
Principal 2,577,250 2,577,250 2,577,250 2,545,601 2,512,000 2,476,327 2,438,453 2,398,243 2,355,554 2,310,231
Annual Debt Service (154,635) (154,635) (154,635) (185,423) (185,423) (185,423) (185,423) (185,423) (185,423) (185,423)
Cash Flow After Debt Service (CFADS) 50,164 54,297 61,134 37,397 44,668 52,166 59,898 67,871 76,092 84,569
PURCHASE PRICE: 3,965,000.00
$ 3,965,000.00
$ 3,965,000.00
$ 3,965,000.00
$ 3,965,000.00
$ 3,965,000.00
$ 3,965,000.00
$ 3,965,000.00
$ 3,965,000.00
$ 3,965,000.00
$
Number of Units 8 8 8 8 8 8 8 8 8 8
Price per SF 1,099
$ 1,099
$ 1,099
$ 1,099
$ 1,099
$ 1,099
$ 1,099
$ 1,099
$ 1,099
$ 1,099
$
Price per Unit 495,625
$ 495,625
$ 495,625
$ 495,625
$ 495,625
$ 495,625
$ 495,625
$ 495,625
$ 495,625
$ 495,625
$
Gross Rent Multiple 15.40 14.96 14.52 14.10 13.69 13.29 12.90 12.52 12.16 11.81
Capitalization Rate 5.17% 5.27% 5.44% 5.62% 5.80% 5.99% 6.19% 6.39% 6.60% 6.81%
Cash-On-Cash Return 3.61% 3.91% 4.41% 2.69% 3.22% 3.76% 4.32% 4.89% 5.48% 6.09%
Recovery of Equity (Years) 27.66 25.56 22.70 37.11 31.07 26.60 23.17 20.45 18.24 16.41
Operating Expenditure Ratio (OER) 18% 19% 19% 18% 18% 18% 18% 18% 17% 17%
Debt Service Coverage Ratio (DSCR) 1.10 1.13 1.16 1.22 1.27 1.33 1.40 1.47 1.54 1.62
Maximum Annual DSCR (Utilizing 1.40) 146,285
$ 149,237
$ 154,121
$ 159,157
$ 164,351
$ 169,707
$ 175,229
$ 180,924
$ 186,797
$ 192,852
$
Free & Clear Rate of Return 5.17% 5.27% 5.44% 5.62% 5.80% 5.99% 6.19% 6.39% 6.60% 6.81%
Constant Percentage Rate a/k/a Mortgage Capitalization Rate 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00%
+ Positive / - Negative Leverage -0.83% -0.73% -0.56% -0.38% -0.20% -0.01% 0.19% 0.39% 0.60% 0.81%
Consolidated Cash Flow Analysis
Financial Analysis & Cash Flow | 252 W. 132nd Street 9
# Unit Type Status
Lease
Expiration
Contract
Rent Concession Actual Rent
1 Duplex / 2 Bath Free-Mkt 5/14/2024 $2,950 ($300) $2,650
2 Duplex / 2 Bath Free-Mkt 8/31/2024 $2,850 $0 $2,850
3 1BR Free-Mkt 5/31/2024 $2,650 $0 $2,650
4 1BR Free-Mkt 2/29/2024 $2,900 ($200) $2,700
5 1BR Free-Mkt 2/29/2024 $2,900 ($200) $2,700
6 1BR Free-Mkt 5/31/2024 $2,800 ($300) $2,500
7 1BR Free-Mkt 11/30/2024 $2,800 ($100) $2,700
8 1BR Free-Mkt 6/30/2024 $2,700 $0 $2,700
Total Monthly Income $22,550 ($1,100) $21,450
Total Annual Income $270,600 ($13,200) $257,400
Rent Roll
Financial Analysis & Cash Flow | 252 W. 132nd Street 10
Loan Terms Output
Monthly
Payment
Annual
Payment Principal Balance
Loan Start Date 1/1/2024 Year 1-3 ($12,886) ($154,635) 5 Years 2,512,000
Loan Amount 2,577,250 Year 1-7 ($15,452) ($185,423) 10 Years 2,310,231
Interest Rate 6.000%
Term of Loan (Years) 30
Payment Beginning Principal Ending Cumulative Additional Ending
Date No. Date Balance Interest Repayments Balance Interest Principal Balance
1/1/2024 1 2,577,250 12,886 - 2,577,250 12,886 - 2,577,250
2/1/2024 2 2,577,250 12,886 - 2,577,250 25,773 - 2,577,250
3/1/2024 3 2,577,250 12,886 - 2,577,250 38,659 - 2,577,250
4/1/2024 4 2,577,250 12,886 - 2,577,250 51,545 - 2,577,250
5/1/2024 5 2,577,250 12,886 - 2,577,250 64,431 - 2,577,250
6/1/2024 6 2,577,250 12,886 - 2,577,250 77,318 - 2,577,250
7/1/2024 7 2,577,250 12,886 - 2,577,250 90,204 - 2,577,250
8/1/2024 8 2,577,250 12,886 - 2,577,250 103,090 - 2,577,250
9/1/2024 9 2,577,250 12,886 - 2,577,250 115,976 - 2,577,250
10/1/2024 10 2,577,250 12,886 - 2,577,250 128,863 - 2,577,250
11/1/2024 11 2,577,250 12,886 - 2,577,250 141,749 - 2,577,250
12/1/2024 12 2,577,250 12,886 - 2,577,250 154,635 - 2,577,250
1/1/2025 13 2,577,250 12,886 - 2,577,250 167,521 - 2,577,250
2/1/2025 14 2,577,250 12,886 - 2,577,250 180,408 - 2,577,250
3/2/2025 15 2,577,250 12,886 - 2,577,250 193,294 - 2,577,250
4/2/2025 16 2,577,250 12,886 - 2,577,250 206,180 - 2,577,250
5/2/2025 17 2,577,250 12,886 - 2,577,250 219,066 - 2,577,250
6/2/2025 18 2,577,250 12,886 - 2,577,250 231,953 - 2,577,250
7/2/2025 19 2,577,250 12,886 - 2,577,250 244,839 - 2,577,250
8/2/2025 20 2,577,250 12,886 - 2,577,250 257,725 - 2,577,250
9/2/2025 21 2,577,250 12,886 - 2,577,250 270,611 - 2,577,250
10/2/2025 22 2,577,250 12,886 - 2,577,250 283,498 - 2,577,250
11/2/2025 23 2,577,250 12,886 - 2,577,250 296,384 - 2,577,250
12/2/2025 24 2,577,250 12,886 - 2,577,250 309,270 - 2,577,250
1/2/2026 25 2,577,250 12,886 - 2,577,250 322,156 - 2,577,250
2/2/2026 26 2,577,250 12,886 - 2,577,250 335,043 - 2,577,250
3/5/2026 27 2,577,250 12,886 - 2,577,250 347,929 - 2,577,250
4/4/2026 28 2,577,250 12,886 - 2,577,250 360,815 - 2,577,250
5/5/2026 29 2,577,250 12,886 - 2,577,250 373,701 - 2,577,250
6/4/2026 30 2,577,250 12,886 - 2,577,250 386,588 - 2,577,250
7/5/2026 31 2,577,250 12,886 - 2,577,250 399,474 - 2,577,250
8/5/2026 32 2,577,250 12,886 - 2,577,250 412,360 - 2,577,250
9/2/2026 33 2,577,250 12,886 - 2,577,250 425,246 - 2,577,250
10/3/2026 34 2,577,250 12,886 - 2,577,250 438,133 - 2,577,250
11/2/2026 35 2,577,250 12,886 - 2,577,250 451,019 - 2,577,250
12/3/2026 36 2,577,250 12,886 - 2,577,250 463,905 - 2,577,250
1/2/2027 37 2,577,250 12,886 (2,566) 2,574,684 476,791 - 2,574,684
2/2/2027 38 2,574,684 12,873 (2,578) 2,572,106 489,665 - 2,572,106
3/5/2027 39 2,572,106 12,861 (2,591) 2,569,514 502,525 - 2,569,514
4/4/2027 40 2,569,514 12,848 (2,604) 2,566,910 515,373 - 2,566,910
5/5/2027 41 2,566,910 12,835 (2,617) 2,564,293 528,207 - 2,564,293
Amortization Schedule
Financial Analysis & Cash Flow | 252 W. 132nd Street 11
Loan Terms Output
Monthly
Payment
Annual
Payment Principal Balance
Loan Start Date 1/1/2024 Year 1-3 ($12,886) ($154,635) 5 Years 2,512,000
Loan Amount 2,577,250 Year 1-7 ($15,452) ($185,423) 10 Years 2,310,231
Interest Rate 6.000%
Term of Loan (Years) 30
Payment Beginning Principal Ending Cumulative Additional Ending
Date No. Date Balance Interest Repayments Balance Interest Principal Balance
Amortization Schedule
6/4/2027 42 2,564,293 12,821 (2,630) 2,561,662 541,029 - 2,561,662
7/5/2027 43 2,561,662 12,808 (2,644) 2,559,019 553,837 - 2,559,019
8/5/2027 44 2,559,019 12,795 (2,657) 2,556,362 566,632 - 2,556,362
9/3/2027 45 2,556,362 12,782 (2,670) 2,553,692 579,414 - 2,553,692
10/4/2027 46 2,553,692 12,768 (2,683) 2,551,008 592,182 - 2,551,008
11/3/2027 47 2,551,008 12,755 (2,697) 2,548,311 604,938 - 2,548,311
12/4/2027 48 2,548,311 12,742 (2,710) 2,545,601 617,679 - 2,545,601
1/3/2028 49 2,545,601 12,728 (2,724) 2,542,877 630,407 - 2,542,877
2/3/2028 50 2,542,877 12,714 (2,738) 2,540,140 643,121 - 2,540,140
3/5/2028 51 2,540,140 12,701 (2,751) 2,537,388 655,822 - 2,537,388
4/4/2028 52 2,537,388 12,687 (2,765) 2,534,623 668,509 - 2,534,623
5/5/2028 53 2,534,623 12,673 (2,779) 2,531,845 681,182 - 2,531,845
6/4/2028 54 2,531,845 12,659 (2,793) 2,529,052 693,841 - 2,529,052
7/5/2028 55 2,529,052 12,645 (2,807) 2,526,245 706,487 - 2,526,245
8/5/2028 56 2,526,245 12,631 (2,821) 2,523,425 719,118 - 2,523,425
9/2/2028 57 2,523,425 12,617 (2,835) 2,520,590 731,735 - 2,520,590
10/3/2028 58 2,520,590 12,603 (2,849) 2,517,741 744,338 - 2,517,741
11/2/2028 59 2,517,741 12,589 (2,863) 2,514,878 756,927 - 2,514,878
12/3/2028 60 2,514,878 12,574 (2,878) 2,512,000 769,501 - 2,512,000
1/2/2029 61 2,512,000 12,560 (2,892) 2,509,108 782,061 - 2,509,108
2/2/2029 62 2,509,108 12,546 (2,906) 2,506,202 794,607 - 2,506,202
3/5/2029 63 2,506,202 12,531 (2,921) 2,503,281 807,138 - 2,503,281
4/4/2029 64 2,503,281 12,516 (2,936) 2,500,345 819,654 - 2,500,345
5/5/2029 65 2,500,345 12,502 (2,950) 2,497,395 832,156 - 2,497,395
6/4/2029 66 2,497,395 12,487 (2,965) 2,494,430 844,643 - 2,494,430
7/5/2029 67 2,494,430 12,472 (2,980) 2,491,450 857,115 - 2,491,450
8/5/2029 68 2,491,450 12,457 (2,995) 2,488,456 869,572 - 2,488,456
9/2/2029 69 2,488,456 12,442 (3,010) 2,485,446 882,014 - 2,485,446
10/3/2029 70 2,485,446 12,427 (3,025) 2,482,422 894,442 - 2,482,422
11/2/2029 71 2,482,422 12,412 (3,040) 2,479,382 906,854 - 2,479,382
12/3/2029 72 2,479,382 12,397 (3,055) 2,476,327 919,251 - 2,476,327
1/2/2030 73 2,476,327 12,382 (3,070) 2,473,256 931,632 - 2,473,256
2/2/2030 74 2,473,256 12,366 (3,086) 2,470,171 943,999 - 2,470,171
3/5/2030 75 2,470,171 12,351 (3,101) 2,467,070 956,349 - 2,467,070
4/4/2030 76 2,467,070 12,335 (3,117) 2,463,953 968,685 - 2,463,953
5/5/2030 77 2,463,953 12,320 (3,132) 2,460,821 981,005 - 2,460,821
6/4/2030 78 2,460,821 12,304 (3,148) 2,457,673 993,309 - 2,457,673
7/5/2030 79 2,457,673 12,288 (3,164) 2,454,510 1,005,597 - 2,454,510
8/5/2030 80 2,454,510 12,273 (3,179) 2,451,330 1,017,870 - 2,451,330
9/2/2030 81 2,451,330 12,257 (3,195) 2,448,135 1,030,126 - 2,448,135
10/3/2030 82 2,448,135 12,241 (3,211) 2,444,924 1,042,367 - 2,444,924
Financial Analysis & Cash Flow | 252 W. 132nd Street 12
Loan Terms Output
Monthly
Payment
Annual
Payment Principal Balance
Loan Start Date 1/1/2024 Year 1-3 ($12,886) ($154,635) 5 Years 2,512,000
Loan Amount 2,577,250 Year 1-7 ($15,452) ($185,423) 10 Years 2,310,231
Interest Rate 6.000%
Term of Loan (Years) 30
Payment Beginning Principal Ending Cumulative Additional Ending
Date No. Date Balance Interest Repayments Balance Interest Principal Balance
Amortization Schedule
11/2/2030 83 2,444,924 12,225 (3,227) 2,441,696 1,054,592 - 2,441,696
12/3/2030 84 2,441,696 12,208 (3,243) 2,438,453 1,066,800 - 2,438,453
1/2/2031 85 2,438,453 12,192 (3,260) 2,435,193 1,078,992 - 2,435,193
2/2/2031 86 2,435,193 12,176 (3,276) 2,431,917 1,091,168 - 2,431,917
3/5/2031 87 2,431,917 12,160 (3,292) 2,428,625 1,103,328 - 2,428,625
4/4/2031 88 2,428,625 12,143 (3,309) 2,425,316 1,115,471 - 2,425,316
5/5/2031 89 2,425,316 12,127 (3,325) 2,421,991 1,127,598 - 2,421,991
6/4/2031 90 2,421,991 12,110 (3,342) 2,418,649 1,139,707 - 2,418,649
7/5/2031 91 2,418,649 12,093 (3,359) 2,415,290 1,151,801 - 2,415,290
8/5/2031 92 2,415,290 12,076 (3,375) 2,411,915 1,163,877 - 2,411,915
9/3/2031 93 2,411,915 12,060 (3,392) 2,408,523 1,175,937 - 2,408,523
10/4/2031 94 2,408,523 12,043 (3,409) 2,405,113 1,187,979 - 2,405,113
11/3/2031 95 2,405,113 12,026 (3,426) 2,401,687 1,200,005 - 2,401,687
12/4/2031 96 2,401,687 12,008 (3,443) 2,398,243 1,212,013 - 2,398,243
1/3/2032 97 2,398,243 11,991 (3,461) 2,394,783 1,224,005 - 2,394,783
2/3/2032 98 2,394,783 11,974 (3,478) 2,391,305 1,235,978 - 2,391,305
3/5/2032 99 2,391,305 11,957 (3,495) 2,387,809 1,247,935 - 2,387,809
4/4/2032 100 2,387,809 11,939 (3,513) 2,384,296 1,259,874 - 2,384,296
5/5/2032 101 2,384,296 11,921 (3,530) 2,380,766 1,271,796 - 2,380,766
6/4/2032 102 2,380,766 11,904 (3,548) 2,377,218 1,283,699 - 2,377,218
7/5/2032 103 2,377,218 11,886 (3,566) 2,373,652 1,295,585 - 2,373,652
8/5/2032 104 2,373,652 11,868 (3,584) 2,370,068 1,307,454 - 2,370,068
9/2/2032 105 2,370,068 11,850 (3,602) 2,366,467 1,319,304 - 2,366,467
10/3/2032 106 2,366,467 11,832 (3,620) 2,362,847 1,331,136 - 2,362,847
11/2/2032 107 2,362,847 11,814 (3,638) 2,359,210 1,342,951 - 2,359,210
12/3/2032 108 2,359,210 11,796 (3,656) 2,355,554 1,354,747 - 2,355,554
1/2/2033 109 2,355,554 11,778 (3,674) 2,351,880 1,366,524 - 2,351,880
2/2/2033 110 2,351,880 11,759 (3,693) 2,348,187 1,378,284 - 2,348,187
3/5/2033 111 2,348,187 11,741 (3,711) 2,344,476 1,390,025 - 2,344,476
4/4/2033 112 2,344,476 11,722 (3,730) 2,340,747 1,401,747 - 2,340,747
5/5/2033 113 2,340,747 11,704 (3,748) 2,336,998 1,413,451 - 2,336,998
6/4/2033 114 2,336,998 11,685 (3,767) 2,333,231 1,425,136 - 2,333,231
7/5/2033 115 2,333,231 11,666 (3,786) 2,329,446 1,436,802 - 2,329,446
8/5/2033 116 2,329,446 11,647 (3,805) 2,325,641 1,448,449 - 2,325,641
9/2/2033 117 2,325,641 11,628 (3,824) 2,321,817 1,460,077 - 2,321,817
10/3/2033 118 2,321,817 11,609 (3,843) 2,317,974 1,471,687 - 2,317,974
11/2/2033 119 2,317,974 11,590 (3,862) 2,314,112 1,483,276 - 2,314,112
12/3/2033 120 2,314,112 11,571 (3,881) 2,310,231 1,494,847 - 2,310,231
Financial Analysis & Cash Flow | 252 W. 132nd Street 13
252
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0 3 Executive Summary
Investment Summary
Location Summary
Investment Summary | 252 W. 132nd Street 15
OFFERING SUMMARY
ADDRESS 252 W. 132nd Street
New York NY 10 0 27
COUNTY Manhattan
MARKET Manhattan
SUBMARKET Central Harlem
BUILDING SF 3,60 7 SF
LAND SF 1,786 SF
NUMBER OF UNITS 8
YEAR BUILT 1899
YEAR RENOVATED 20 17
APN 1937-0 0 52
OWNERSHIP TYPE Fee Simple
FINANCIAL SUMMARY
PRICE $3,965,0 0 0
PRICE PSF $1,0 99.25
PRICE PER UNIT $495,625
DEMOGRAPHICS 1MILE 3 MILE 5 MILE
20 22 Population 214,417 1,259,793 2,651,953
20 22 Median HH Income $52,329 $58,952 $64,720
20 22 Average HH Income $88,353 $112,946 $118,827
Investment Summary
• NuRealty Advisors Inc. is proud to present the Exclusive
Listing for 252 W. 132nd Street, New York, NY 10 0 27. The
Fully Renovated Property offers Eight (8) Apartments located
in the thriving and highly sought out Central Harlem. Just
footsteps away from Central Park, this property offers an
amazing investment opportunity. The property layout is Six
1BRs and Two 2BR/ 2Bath Duplex units. The property has a
greenery courtyard in the rear and rooftop with access to the
residents for entertaining. The property is not subject to
ETPA and is Free-Market. A must see and great opportunity
to own in NYC.
Location Summary | 252 W. 132nd Street 16
Regional Map
Locator Map
Central Harlem
• Central Harlem has been a cultural and artistic mecca since
the 1920 's and the birth of the Harlem Renaissance where it
gained notoriety for its diverse population and rich heritage.
The neighborhood extends from the north end of Central
Park at 110 th Street to the Harlem River, and from 5th to St.
Nicholas Avenues.
• Few neighborhoods balance charm and artistic expression
better than Manhattan’s Harlem. The tree-lined streets
abound with renovated brownstones, iconic restaurants,
and popular music venues. Harlem residents are proud of
their history, and they stay true to their roots by hosting
frequent cultural events that attract large crowds from all
over the city.
• Harlem has four different communities that each boasts a
unique vibe. Central Harlem, the birthplace of the Harlem
Renaissance, offers a lively arts and music scene. South
Harlem exhibits robust culture, inclusive of the Apollo
Theater and renowned restaurants, Clay and Vinateria. East
Harlem, also known as Spanish Harlem, is rich with Puerto
Rican history and popular eateries. West Harlem offers
quiet, tree-lined streets and picturesque parks.
• Harlem is known for its groundbreaking cultural
renaissance. During the 1920 s and 1930 s, residents like the
poet Langston Hughes, musician Louis Armstrong, and
author Zora Neale Hurston used artistic expression to
proclaim and celebrate their Black identities. The rich
culture that flowed from the neighborhood during that era
challenged the world’s views on the Black experience and
cemented Harlem as a mecca for Black entrepreneurs and
artists.
• Today, this in-demand neighborhood is a lifestyle
destination for all races. Residents love that Harlem feels
like a tight-knit community in the middle of busy NYC. The
neighborhood of Harlem also offers a lower price tag than
surrounding areas while boasting a booming real estate
market and a swoon-worthy array of activities and
amenities.
252
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0 4 Property Description
Property Features
Aerial Map
Property Images
Property Features | 252 W. 132nd Street 19
PROPERTY FEATURES
NUMBER OF UNITS 8
BUILDING SF 3,60 7
LAND SF 1,786
YEAR BUILT 1899
YEAR RENOVATED 20 17
# OF PARCELS 1
ZONING TYPE R7-2
BUILDING CLASS B
BUILDING FAR 2.0 2
NUMBER OF STORIES 3
AVERAGE FLOOR SF 90 2
MECHANICAL
HVAC Electric
UTILITIES
WATER Landlord Responsibility
TRASH Municipal
COOKING GAS Tenant Responsibility
ELECTRIC Tenant Responsibility
HEAT Tenant Responsibility
CONSTRUCTION
FOUNDATION Masonry
Aerial Map | 252 W. 132nd Street 20
Property Images | 252 W. 132nd Street 21
Property Images | 252 W. 132nd Street 22
Property Images | 252 W. 132nd Street 23
252
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0 5 Demographics
Demographics
Demographic Charts
Demographics | 252 W. 132nd Street 25
POPULATION 1MILE 3 MILE 5 MILE
20 0 0 Population 190 ,910 1,181,0 68 2,441,693
20 10 Population 20 0 ,333 1,210 ,0 0 3 2,494,631
20 22 Population 214,417 1,259,793 2,651,953
20 27 Population 211,715 1,241,874 2,625,349
20 22 African American 94,278 311,60 5 510 ,213
20 22 American Indian 2,0 94 14,330 31,298
20 22 Asian 13,246 89,858 274,765
20 22 Hispanic 67,175 520 ,931 1,131,683
20 22 Other Race 37,135 30 0 ,0 73 657,786
20 22 White 42,535 385,281 834,241
20 22 Multiracial 24,912 157,579 341,184
20 22-20 27: Population: Growth Rate -1.25 % -1.45 % -1.0 0 %
20 22 HOUSEHOLD INCOME 1MILE 3 MILE 5 MILE
less than $15,0 0 0 19,969 10 0 ,846 187,211
$15,0 0 0 -$24,999 7,822 43,718 89,218
$25,0 0 0 -$34,999 7,275 40 ,429 80 ,155
$35,0 0 0 -$49,999 9,431 50 ,767 10 6,939
$50 ,0 0 0 -$74,999 12,899 67,489 147,560
$75,0 0 0 -$99,999 9,579 53,417 114,732
$10 0 ,0 0 0 -$149,999 10 ,861 62,10 0 144,776
$150 ,0 0 0 -$199,999 6,366 36,627 83,957
$20 0 ,0 0 0 or greater 8,10 9 75,215 168,851
Median HH Income $52,329 $58,952 $64,720
Average HH Income $88,353 $112,946 $118,827
HOUSEHOLDS 1MILE 3 MILE 5 MILE
20 0 0 Total Housing 85,841 511,898 1,0 60 ,0 26
20 10 Total Households 81,273 491,0 34 1,0 18,920
20 22 Total Households 92,325 530 ,638 1,123,472
20 27 Total Households 93,261 533,234 1,131,285
20 22 Average Household Size 2.17 2.28 2.28
20 0 0 Owner Occupied Housing 5,894 81,853 196,90 1
20 0 0 Renter Occupied Housing 70 ,0 88 396,168 792,488
20 22 Owner Occupied Housing 12,390 10 6,790 248,582
20 22 Renter Occupied Housing 79,935 423,848 874,890
20 22 Vacant Housing 8,0 63 45,420 10 9,893
20 22 Total Housing 10 0 ,388 576,0 58 1,233,365
20 27 Owner Occupied Housing 12,817 10 9,70 6 255,812
20 27 Renter Occupied Housing 80 ,444 423,529 875,473
20 27 Vacant Housing 8,562 48,754 114,374
20 27 Total Housing 10 1,823 581,988 1,245,659
20 22-20 27: Households: Growth Rate 1.0 0 % 0 .50 % 0 .70 %
Source: esri
Demographics | 252 W. 132nd Street 26
20 22 POPULATION BY AGE 1MILE 3 MILE 5 MILE
20 22 Population Age 30 -34 18,987 10 5,10 1 234,348
20 22 Population Age 35-39 16,326 96,0 66 213,172
20 22 Population Age 40 -44 14,535 85,136 184,80 0
20 22 Population Age 45-49 12,357 72,328 154,156
20 22 Population Age 50 -54 12,963 74,297 155,215
20 22 Population Age 55-59 12,175 71,50 3 148,981
20 22 Population Age 60 -64 11,312 70 ,940 148,267
20 22 Population Age 65-69 9,959 63,196 131,886
20 22 Population Age 70 -74 8,233 53,943 112,310
20 22 Population Age 75-79 5,760 38,199 79,294
20 22 Population Age 80 -84 3,650 23,583 48,834
20 22 Population Age 85+ 3,429 21,70 2 45,0 96
20 22 Population Age 18+ 174,180 1,0 0 3,689 2,128,797
20 22 Median Age 36 37 37
20 22 INCOME BY AGE 1MILE 3 MILE 5 MILE
Median Household Income 25-34 $65,671 $72,581 $79,158
Average Household Income 25-34 $96,818 $113,496 $121,948
Median Household Income 35-44 $66,426 $73,753 $80 ,930
Average Household Income 35-44 $10 6,0 0 0 $130 ,781 $139,638
Median Household Income 45-54 $66,213 $75,143 $79,679
Average Household Income 45-54 $10 5,0 0 1 $134,321 $137,858
Median Household Income 55-64 $49,841 $57,690 $62,411
Average Household Income 55-64 $88,551 $120 ,744 $123,317
Median Household Income 65-74 $32,513 $42,0 60 $45,90 6
Average Household Income 65-74 $69,0 99 $94,617 $99,158
Average Household Income 75+ $52,228 $75,948 $80 ,752
20 27 POPULATION BY AGE 1MILE 3 MILE 5 MILE
20 27 Population Age 30 -34 17,380 94,530 20 9,320
20 27 Population Age 35-39 16,353 92,950 20 4,162
20 27 Population Age 40 -44 14,861 86,771 189,453
20 27 Population Age 45-49 13,448 80 ,0 13 171,427
20 27 Population Age 50 -54 11,651 69,619 147,40 5
20 27 Population Age 55-59 11,911 69,431 145,441
20 27 Population Age 60 -64 10 ,646 64,883 135,573
20 27 Population Age 65-69 10 ,129 62,971 131,40 9
20 27 Population Age 70 -74 8,592 55,366 116,424
20 27 Population Age 75-79 6,680 44,429 92,843
20 27 Population Age 80 -84 4,562 29,713 61,975
20 27 Population Age 85+ 4,0 40 26,122 54,218
20 27 Population Age 18+ 174,721 1,0 0 3,534 2,137,0 78
20 27 Median Age 37 38 38
20 27 INCOME BY AGE 1MILE 3 MILE 5 MILE
Median Household Income 25-34 $76,415 $81,980 $88,981
Average Household Income 25-34 $115,764 $133,391 $141,959
Median Household Income 35-44 $76,754 $81,744 $90 ,155
Average Household Income 35-44 $124,0 89 $147,337 $157,181
Median Household Income 45-54 $77,60 5 $85,0 29 $91,358
Average Household Income 45-54 $123,675 $151,763 $156,895
Median Household Income 55-64 $60 ,295 $69,755 $75,133
Average Household Income 55-64 $10 7,731 $138,30 2 $140 ,859
Median Household Income 65-74 $40 ,259 $50 ,561 $54,231
Average Household Income 65-74 $85,321 $111,850 $116,461
Average Household Income 75+ $65,353 $91,80 3 $97,40 5
Demographic Charts | 252 W. 132nd Street 27
1Mile Radius 3 Mile Radius 5 Mile Radius
20 22 Household Income
20 22 Population by Race
1Mile Radius 3 Mile Radius 5 Mile Radius
Demographic Charts | 252 W. 132nd Street 28
20 22 Household Occupancy - 1 Mile Radius
20 22 Household Income Average and Median
Average Income Median Income
252
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0 6 Company Profile
Company Bio
Advisor Profile
OUR TEAM
Company Bio | 252 W. 132nd Street 30
Advisor Profile | 252 W. 132nd Street 31
Michael Nukho
President
Michael Nukho, the founder of NuRealty Advisors Inc., was introduced to the real estate
industry at an early age by his beloved father and was exposed to various types of
investment properties. Today, his company is a New York State, New Jersey and
Connecticut Licensed Real Estate Brokerage company. Instilled with the experiences of
Michael’s father, NuRealty prides itself on extensive market-level knowledge of investment
sales and financing. With a passion for the industry, Michael provides a complete set of
services to his clients, from analyzing the market to performing extensive financial
analyses by concentrating on investment returns and proformas for his clients.
Michael is also affiliated with GEM Management Partners LLC., a company he runs
alongside his two brothers, where they manage multi-family rent-stabilized apartment
buildings in NY. Immediately before his current role, Michael served as a portfolio analyst
for DRA Advisors, a private equity real estate investment company located in Midtown
Manhattan. There, he managed a $2 billion office portfolio with properties located
throughout the United States. He was accountable for a wide variety of financial modeling
and tasks. Michael’s first professional real estate position was as an audit manager for
Deloitte. There, he focused on the New York market and serviced many large clients, such
as The Related Companies, LP. Michael oversaw the AOL Time Warner Center, a $2 billion
dollar development project, which has become one of New York City’s most high-profile
properties.
Michael graduated from Manhattan College in 1999, with a degree in Accounting & CIS. He
holds the designation of Certified Property Manager (CPM) from the Institute of Real
Estate Management. Michael sits on the Yonkers Chambers of Commerce through GEM
Management Partners LLC and also as a BOD Member and Treasurer of the Westchester
Owners Association (WOA).
Advisor Profile | 252 W. 132nd Street 32
Lukasz Przybylek
Executive Vice President
As a NYS and Connecticut Licensed Associate Real Estate Broker, Lukasz brings a lifetime
of business experience to his role at NuRealty Advisors, Inc. He has a demonstrated
history of working in the real estate industry and is known as a skilled negotiator. Lukasz
has extensive experience in all phases of commercial real estate transactions and has
presided over numerous multi-million-dollar real estate acquisitions and depositions.
His enthusiasm for commercial real estate sales, investor relations, and investment
properties have made him a rising star among the NY & CT real estate community.
Lukasz’s path to working in real estate was not conventional but provided a collection of
varied experiences that helped him hone the skills needed to excel in the industry. Before
his current role, he was an owner of restaurants in White Plains, NY and Yonkers, NY.
These endeavors provided him with a hands-on opportunity to learn about lease
negotiation, property management, and operations. Being a restaurateur reinforced his
knack for making people feel at ease, even during the most complex transactions. To this
day, Lukasz says that his chief concern is the satisfaction of his clients, “If they are happy,
I’m delighted,” he says.
Lukasz was also the owner of Neatwork, Inc., a commercial cleaning and maintenance
company. Again, in this role, the entrepreneur was establishing the building blocks for his
eventual career in commercial real estate. Neatwork kept him busy learning the ins-and-
outs of building maintenance, floor plans, and logistics.
A multi-lingual broker that speaks English, Polish, Russian, and Spanish, he serves a
diverse clientele.
252 W. 132nd Street
Exclusively Marketed by:
Michael Nukho
President
(914) 670 -70 65
MNukho@ NuRealtyAdvisors.com
Lic: 10 31120 330 5
Lukasz Przybylek
Executive Vice President
(914) 479-2721
LukaszPrzybylek@ gmail.com
Lic: 10 30 12120 62
CONFIDENTIALITY and DISCLAIMER
The information contained in the following offering memorandum is
proprietary and strictly confidential. It is intended to be reviewed only by
the party receiving it from NuRealty Advisors Inc. and it should not be
made available to any other person or entity without the written consent
of NuRealty Advisors Inc. .
By taking possession of and reviewing the information contained herein
the recipient agrees to hold and treat all such information in the strictest
confidence. The recipient further agrees that recipient will not photocopy
or duplicate any part of the offering memorandum. If you have no interest
in the subject property, please promptly return this offering memorandum
to NuRealty Advisors Inc. . This offering memorandum has been prepared
to provide summary, unverified financial and physical information to
prospective purchasers, and to establish only a preliminary level of interest
in the subject property.
The information contained herein is not a substitute for a thorough due
diligence investigation. NuRealty Advisors Inc. has not made any
investigation, and makes no warranty or representation with respect to the
income or expenses for the subject property, the future projected financial
performance of the property, the size and square footage of the property
and improvements, the presence or absence of contaminating substances,
PCBs or asbestos, the compliance with local, state and federal regulations,
the physical condition of the improvements thereon, or financial condition
or business prospects of any tenant, or any tenant’s plans or intentions to
continue its occupancy of the subject property.
The information contained in this offering memorandum has been obtained
from sources we believe reliable; however, NuRealty Advisors Inc. has not
verified, and will not verify, any of the information contained herein, nor
has NuRealty Advisors Inc. conducted any investigation regarding these
matters and makes no warranty or representation whatsoever regarding
the accuracy or completeness of the information provided. All potential
buyers must take appropriate measures to verify all of the information set
forth herein. Prospective buyers shall be responsible for their costs and
expenses of investigating the subject property.

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252 W. 132nd Street, New York, NY 10027

  • 1. 252 W . 132nd Street 8 UNITS * FREE MARKET * GUT RENOVATED OFFERING MEMORANDUM 252 W. 132nd Street New York, NY 10 0 27 Presented by: Michael Nukho President (914) 670 -70 65 MNukho@ NuRealtyAdvisors.com Lic: 10 31120 330 5 Lukasz Przybylek Executive Vice President (914) 479-2721 LukaszPrzybylek@ gmail.com Lic: 10 30 12120 62
  • 2. 252 W. 132nd Street CONTENTS Exclusively Marketed by: Michael Nukho President (914) 670 -70 65 MNukho@ NuRealtyAdvisors.com Lic: 10 31120 330 5 Lukasz Przybylek Executive Vice President (914) 479-2721 LukaszPrzybylek@ gmail.com Lic: 10 30 12120 62 We obtained the following information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent the current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. 0 1 Additional Information Drone Video 0 2 Financial Analysis Financial Analysis & Cash Flow 0 3 Executive Summary Investment Summary Location Summary 0 4 Property Description Property Features Aerial Map Property Images 0 5 Demographics Demographics Demographic Charts 0 6 Company Profile Company Bio Advisor Profile
  • 4.
  • 6. PROPERTY ADDRESS PROPERTY INFORMATION Building SF 3,607 Lot SF 1,786 Average Floor SF 902 Building FAR 2.02 Class B Zoning R7-2 Number of Residential Units 8 DHCR Last Filing Year N/A Stories 3 Year Built 1899 Year Renovated 2017 Elevator N/A Heat Type Electric APN 1937-0052 UTILITIES / RESPONSIBLE PARTY Electric Tenant Cooking Gas Tenant Heat Tenant Hot Water Landlord UNIT MIX 1 Bedroom 6 Duplex with 2 Bath 2 Total Number of Units 8 Portfolio Description & Summary 252 W. 132nd Street, New York, NY 10027 Financial Analysis & Cash Flow | 252 W. 132nd Street 6
  • 7. Portfolio Description & Summary ACQUISITION STRUCTURE Purchase Price 3,965,000 $ A Initial Equity Investment 1,387,750 $ 35.00% Equity Percentage Loan Amount 2,577,250 $ 65.00% Loan-to-Value (LTV) Percentage ACQUISITION MATRIX Number of Units 8.00 Price Per Unit 495,625 $ Gross Rent Multiple (GRM) 15.40 Capitalization Rate 5.17% Net Operating Income (NOI) 204,799 $ PROPOSED DEBT STRUCTURE Interest Rate 6.00% Fixed Rate Period 10 Years Equity Percentage 35.00% Loan-to-Value (LTV) Percentage 65.00% Interest Only Period 3 Years Amortization Period 7 Years Loan Term 30 Years PROPOSED ANNUAL INFLATION RATE Residential Income 3.00% Operating Expenditures 1.50% Period CFADS Cash-On-Cash % Cap Rate % GRM Year 1 50,164 $ 3.61% 5.17% 15.40 Year 2 54,297 $ 3.91% 5.27% 14.96 Year 3 61,134 $ 4.41% 5.44% 14.52 Year 4 37,397 $ 2.69% 5.62% 14.10 Year 5 44,668 $ 3.22% 5.80% 13.69 Year 6 52,166 $ 3.76% 5.99% 13.29 Year 7 59,898 $ 4.32% 6.19% 12.90 Year 8 67,871 $ 4.89% 6.39% 12.52 Year 9 76,092 $ 5.48% 6.60% 12.16 Year 10 84,569 $ 6.09% 6.81% 11.81 Total CFADS Earned During Loan Term & Average ROIs 588,257 $ B 4.24% 5.93% 13.53 RETURN ON INVESTMENT (ROI) SUMMARY FOR HOLD PERIOD Financial Analysis & Cash Flow | 252 W. 132nd Street 7
  • 8. Portfolio Description & Summary Net Operating Income at Year 10 269,992 $ Price Per Unit 749,979 $ Acquisition Capitalization Rate at Year 10 4.50% Property Valuation at Year 10 5,999,830 $ C Less: Purchase Price 3,965,000 $ A Gross Excess Equity Earned at Year 10 2,034,830 $ D (C - A) Add: Total CFADS Earned During Hold Period / Loan Term 588,257 $ B Total Excess Equity and CFADS Recognized at Year 10 2,623,088 $ (D + B) Property Valuation at Year 10 5,999,830 $ C Loan-to-Value Percentage 75% Principal Loan Amount for Refinance 4,499,873 $ Repayment of Principal Balance of Initial Loan due at Year 10 (2,438,453) Refinance - Cash Out 2,061,420 $ New Buying Power with New Cash Out Proceeds (25% Equity) 8,245,679 $ At Year 10, the property would have collected a total Cash Flow After Debt Service (CFADS) of: 588,257 $ At Year 10, all of the Initial Equity has been recovered and the valuation of the property has increased by: 2,034,830 $ At Year 10, you will be able to refinance the property up to a 75% Loan-to-Value (LTV) for a Cash Out of: 2,061,420 $ At Year 10, you will be able to purchase a New Property using the Cash Out Proceeds and Income of up to: 8,245,679 $ DISPOSITION SCENARIO AT YEAR 7 REFINANCE SCENARIO AT YEAR 10 SUMMARY OF TRANSACTION Financial Analysis & Cash Flow | 252 W. 132nd Street 8
  • 9. Michael Nukho NYS Licensed Broker 573 South Broadway Yonkers, NY 10705 Direct: 914-670-7065 Mobile: 914-552-5758 Fax: 914-969-7015 Email: MNukho@NuRealtyAdvisors.com YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7 YEAR 8 YEAR 9 YEAR 10 Gross Potential Income (GPI) 270,600 $ 278,718 $ 287,080 $ 295,692 $ 304,563 $ 313,700 $ 323,111 $ 332,804 $ 342,788 $ 353,072 $ Concession (13,200) $ (13,596) $ (14,004) $ (14,424) $ (14,857) $ (15,302) $ (15,761) $ (16,234) $ (16,721) $ (17,223) $ Actual Gross Income (AGI) 257,400 $ 265,122 $ 273,076 $ 281,268 $ 289,706 $ 298,397 $ 307,349 $ 316,570 $ 326,067 $ 335,849 $ Vacancy / Reserves (7,722) $ (7,954) $ (8,192) $ (8,438) $ (8,691) $ (8,952) $ (9,220) $ (9,497) $ (9,782) $ (10,075) $ Effective Gross Income (EGI) 249,678 $ 257,168 $ 264,883 $ 272,830 $ 281,015 $ 289,445 $ 298,129 $ 307,072 $ 316,285 $ 325,773 $ Real Estate Taxes 14,889 15,112 15,339 15,569 15,802 16,039 16,280 16,524 16,772 17,024 Water & Sewage 8,000 8,120 8,242 8,365 8,491 8,618 8,748 8,879 9,012 9,147 Electric 1,800 1,827 1,854 1,882 1,910 1,939 1,968 1,998 2,028 2,058 Insurance 5,500 5,583 5,666 5,751 5,837 5,925 6,014 6,104 6,196 6,289 Heat - - - - - - - - - - Superintendent / Porter 2,400 2,436 2,473 2,510 2,547 2,585 2,624 2,664 2,704 2,744 Repairs & Maintenance 4,800 4,872 4,945 5,019 5,095 5,171 5,249 5,327 5,407 5,488 Management & Administration 7,490 10,287 10,595 10,913 11,241 11,578 11,925 12,283 12,651 13,031 Total Expenditures 44,879 48,236 49,114 50,010 50,924 51,856 52,808 53,779 54,769 55,781 Net Operating Income (NOI) 204,799 208,932 215,769 222,820 230,091 237,589 245,321 253,294 261,515 269,992 Equity 1,387,750 1,387,750 1,387,750 1,387,750 1,387,750 1,387,750 1,387,750 1,387,750 1,387,750 1,387,750 Principal 2,577,250 2,577,250 2,577,250 2,545,601 2,512,000 2,476,327 2,438,453 2,398,243 2,355,554 2,310,231 Annual Debt Service (154,635) (154,635) (154,635) (185,423) (185,423) (185,423) (185,423) (185,423) (185,423) (185,423) Cash Flow After Debt Service (CFADS) 50,164 54,297 61,134 37,397 44,668 52,166 59,898 67,871 76,092 84,569 PURCHASE PRICE: 3,965,000.00 $ 3,965,000.00 $ 3,965,000.00 $ 3,965,000.00 $ 3,965,000.00 $ 3,965,000.00 $ 3,965,000.00 $ 3,965,000.00 $ 3,965,000.00 $ 3,965,000.00 $ Number of Units 8 8 8 8 8 8 8 8 8 8 Price per SF 1,099 $ 1,099 $ 1,099 $ 1,099 $ 1,099 $ 1,099 $ 1,099 $ 1,099 $ 1,099 $ 1,099 $ Price per Unit 495,625 $ 495,625 $ 495,625 $ 495,625 $ 495,625 $ 495,625 $ 495,625 $ 495,625 $ 495,625 $ 495,625 $ Gross Rent Multiple 15.40 14.96 14.52 14.10 13.69 13.29 12.90 12.52 12.16 11.81 Capitalization Rate 5.17% 5.27% 5.44% 5.62% 5.80% 5.99% 6.19% 6.39% 6.60% 6.81% Cash-On-Cash Return 3.61% 3.91% 4.41% 2.69% 3.22% 3.76% 4.32% 4.89% 5.48% 6.09% Recovery of Equity (Years) 27.66 25.56 22.70 37.11 31.07 26.60 23.17 20.45 18.24 16.41 Operating Expenditure Ratio (OER) 18% 19% 19% 18% 18% 18% 18% 18% 17% 17% Debt Service Coverage Ratio (DSCR) 1.10 1.13 1.16 1.22 1.27 1.33 1.40 1.47 1.54 1.62 Maximum Annual DSCR (Utilizing 1.40) 146,285 $ 149,237 $ 154,121 $ 159,157 $ 164,351 $ 169,707 $ 175,229 $ 180,924 $ 186,797 $ 192,852 $ Free & Clear Rate of Return 5.17% 5.27% 5.44% 5.62% 5.80% 5.99% 6.19% 6.39% 6.60% 6.81% Constant Percentage Rate a/k/a Mortgage Capitalization Rate 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% + Positive / - Negative Leverage -0.83% -0.73% -0.56% -0.38% -0.20% -0.01% 0.19% 0.39% 0.60% 0.81% Consolidated Cash Flow Analysis Financial Analysis & Cash Flow | 252 W. 132nd Street 9
  • 10. # Unit Type Status Lease Expiration Contract Rent Concession Actual Rent 1 Duplex / 2 Bath Free-Mkt 5/14/2024 $2,950 ($300) $2,650 2 Duplex / 2 Bath Free-Mkt 8/31/2024 $2,850 $0 $2,850 3 1BR Free-Mkt 5/31/2024 $2,650 $0 $2,650 4 1BR Free-Mkt 2/29/2024 $2,900 ($200) $2,700 5 1BR Free-Mkt 2/29/2024 $2,900 ($200) $2,700 6 1BR Free-Mkt 5/31/2024 $2,800 ($300) $2,500 7 1BR Free-Mkt 11/30/2024 $2,800 ($100) $2,700 8 1BR Free-Mkt 6/30/2024 $2,700 $0 $2,700 Total Monthly Income $22,550 ($1,100) $21,450 Total Annual Income $270,600 ($13,200) $257,400 Rent Roll Financial Analysis & Cash Flow | 252 W. 132nd Street 10
  • 11. Loan Terms Output Monthly Payment Annual Payment Principal Balance Loan Start Date 1/1/2024 Year 1-3 ($12,886) ($154,635) 5 Years 2,512,000 Loan Amount 2,577,250 Year 1-7 ($15,452) ($185,423) 10 Years 2,310,231 Interest Rate 6.000% Term of Loan (Years) 30 Payment Beginning Principal Ending Cumulative Additional Ending Date No. Date Balance Interest Repayments Balance Interest Principal Balance 1/1/2024 1 2,577,250 12,886 - 2,577,250 12,886 - 2,577,250 2/1/2024 2 2,577,250 12,886 - 2,577,250 25,773 - 2,577,250 3/1/2024 3 2,577,250 12,886 - 2,577,250 38,659 - 2,577,250 4/1/2024 4 2,577,250 12,886 - 2,577,250 51,545 - 2,577,250 5/1/2024 5 2,577,250 12,886 - 2,577,250 64,431 - 2,577,250 6/1/2024 6 2,577,250 12,886 - 2,577,250 77,318 - 2,577,250 7/1/2024 7 2,577,250 12,886 - 2,577,250 90,204 - 2,577,250 8/1/2024 8 2,577,250 12,886 - 2,577,250 103,090 - 2,577,250 9/1/2024 9 2,577,250 12,886 - 2,577,250 115,976 - 2,577,250 10/1/2024 10 2,577,250 12,886 - 2,577,250 128,863 - 2,577,250 11/1/2024 11 2,577,250 12,886 - 2,577,250 141,749 - 2,577,250 12/1/2024 12 2,577,250 12,886 - 2,577,250 154,635 - 2,577,250 1/1/2025 13 2,577,250 12,886 - 2,577,250 167,521 - 2,577,250 2/1/2025 14 2,577,250 12,886 - 2,577,250 180,408 - 2,577,250 3/2/2025 15 2,577,250 12,886 - 2,577,250 193,294 - 2,577,250 4/2/2025 16 2,577,250 12,886 - 2,577,250 206,180 - 2,577,250 5/2/2025 17 2,577,250 12,886 - 2,577,250 219,066 - 2,577,250 6/2/2025 18 2,577,250 12,886 - 2,577,250 231,953 - 2,577,250 7/2/2025 19 2,577,250 12,886 - 2,577,250 244,839 - 2,577,250 8/2/2025 20 2,577,250 12,886 - 2,577,250 257,725 - 2,577,250 9/2/2025 21 2,577,250 12,886 - 2,577,250 270,611 - 2,577,250 10/2/2025 22 2,577,250 12,886 - 2,577,250 283,498 - 2,577,250 11/2/2025 23 2,577,250 12,886 - 2,577,250 296,384 - 2,577,250 12/2/2025 24 2,577,250 12,886 - 2,577,250 309,270 - 2,577,250 1/2/2026 25 2,577,250 12,886 - 2,577,250 322,156 - 2,577,250 2/2/2026 26 2,577,250 12,886 - 2,577,250 335,043 - 2,577,250 3/5/2026 27 2,577,250 12,886 - 2,577,250 347,929 - 2,577,250 4/4/2026 28 2,577,250 12,886 - 2,577,250 360,815 - 2,577,250 5/5/2026 29 2,577,250 12,886 - 2,577,250 373,701 - 2,577,250 6/4/2026 30 2,577,250 12,886 - 2,577,250 386,588 - 2,577,250 7/5/2026 31 2,577,250 12,886 - 2,577,250 399,474 - 2,577,250 8/5/2026 32 2,577,250 12,886 - 2,577,250 412,360 - 2,577,250 9/2/2026 33 2,577,250 12,886 - 2,577,250 425,246 - 2,577,250 10/3/2026 34 2,577,250 12,886 - 2,577,250 438,133 - 2,577,250 11/2/2026 35 2,577,250 12,886 - 2,577,250 451,019 - 2,577,250 12/3/2026 36 2,577,250 12,886 - 2,577,250 463,905 - 2,577,250 1/2/2027 37 2,577,250 12,886 (2,566) 2,574,684 476,791 - 2,574,684 2/2/2027 38 2,574,684 12,873 (2,578) 2,572,106 489,665 - 2,572,106 3/5/2027 39 2,572,106 12,861 (2,591) 2,569,514 502,525 - 2,569,514 4/4/2027 40 2,569,514 12,848 (2,604) 2,566,910 515,373 - 2,566,910 5/5/2027 41 2,566,910 12,835 (2,617) 2,564,293 528,207 - 2,564,293 Amortization Schedule Financial Analysis & Cash Flow | 252 W. 132nd Street 11
  • 12. Loan Terms Output Monthly Payment Annual Payment Principal Balance Loan Start Date 1/1/2024 Year 1-3 ($12,886) ($154,635) 5 Years 2,512,000 Loan Amount 2,577,250 Year 1-7 ($15,452) ($185,423) 10 Years 2,310,231 Interest Rate 6.000% Term of Loan (Years) 30 Payment Beginning Principal Ending Cumulative Additional Ending Date No. Date Balance Interest Repayments Balance Interest Principal Balance Amortization Schedule 6/4/2027 42 2,564,293 12,821 (2,630) 2,561,662 541,029 - 2,561,662 7/5/2027 43 2,561,662 12,808 (2,644) 2,559,019 553,837 - 2,559,019 8/5/2027 44 2,559,019 12,795 (2,657) 2,556,362 566,632 - 2,556,362 9/3/2027 45 2,556,362 12,782 (2,670) 2,553,692 579,414 - 2,553,692 10/4/2027 46 2,553,692 12,768 (2,683) 2,551,008 592,182 - 2,551,008 11/3/2027 47 2,551,008 12,755 (2,697) 2,548,311 604,938 - 2,548,311 12/4/2027 48 2,548,311 12,742 (2,710) 2,545,601 617,679 - 2,545,601 1/3/2028 49 2,545,601 12,728 (2,724) 2,542,877 630,407 - 2,542,877 2/3/2028 50 2,542,877 12,714 (2,738) 2,540,140 643,121 - 2,540,140 3/5/2028 51 2,540,140 12,701 (2,751) 2,537,388 655,822 - 2,537,388 4/4/2028 52 2,537,388 12,687 (2,765) 2,534,623 668,509 - 2,534,623 5/5/2028 53 2,534,623 12,673 (2,779) 2,531,845 681,182 - 2,531,845 6/4/2028 54 2,531,845 12,659 (2,793) 2,529,052 693,841 - 2,529,052 7/5/2028 55 2,529,052 12,645 (2,807) 2,526,245 706,487 - 2,526,245 8/5/2028 56 2,526,245 12,631 (2,821) 2,523,425 719,118 - 2,523,425 9/2/2028 57 2,523,425 12,617 (2,835) 2,520,590 731,735 - 2,520,590 10/3/2028 58 2,520,590 12,603 (2,849) 2,517,741 744,338 - 2,517,741 11/2/2028 59 2,517,741 12,589 (2,863) 2,514,878 756,927 - 2,514,878 12/3/2028 60 2,514,878 12,574 (2,878) 2,512,000 769,501 - 2,512,000 1/2/2029 61 2,512,000 12,560 (2,892) 2,509,108 782,061 - 2,509,108 2/2/2029 62 2,509,108 12,546 (2,906) 2,506,202 794,607 - 2,506,202 3/5/2029 63 2,506,202 12,531 (2,921) 2,503,281 807,138 - 2,503,281 4/4/2029 64 2,503,281 12,516 (2,936) 2,500,345 819,654 - 2,500,345 5/5/2029 65 2,500,345 12,502 (2,950) 2,497,395 832,156 - 2,497,395 6/4/2029 66 2,497,395 12,487 (2,965) 2,494,430 844,643 - 2,494,430 7/5/2029 67 2,494,430 12,472 (2,980) 2,491,450 857,115 - 2,491,450 8/5/2029 68 2,491,450 12,457 (2,995) 2,488,456 869,572 - 2,488,456 9/2/2029 69 2,488,456 12,442 (3,010) 2,485,446 882,014 - 2,485,446 10/3/2029 70 2,485,446 12,427 (3,025) 2,482,422 894,442 - 2,482,422 11/2/2029 71 2,482,422 12,412 (3,040) 2,479,382 906,854 - 2,479,382 12/3/2029 72 2,479,382 12,397 (3,055) 2,476,327 919,251 - 2,476,327 1/2/2030 73 2,476,327 12,382 (3,070) 2,473,256 931,632 - 2,473,256 2/2/2030 74 2,473,256 12,366 (3,086) 2,470,171 943,999 - 2,470,171 3/5/2030 75 2,470,171 12,351 (3,101) 2,467,070 956,349 - 2,467,070 4/4/2030 76 2,467,070 12,335 (3,117) 2,463,953 968,685 - 2,463,953 5/5/2030 77 2,463,953 12,320 (3,132) 2,460,821 981,005 - 2,460,821 6/4/2030 78 2,460,821 12,304 (3,148) 2,457,673 993,309 - 2,457,673 7/5/2030 79 2,457,673 12,288 (3,164) 2,454,510 1,005,597 - 2,454,510 8/5/2030 80 2,454,510 12,273 (3,179) 2,451,330 1,017,870 - 2,451,330 9/2/2030 81 2,451,330 12,257 (3,195) 2,448,135 1,030,126 - 2,448,135 10/3/2030 82 2,448,135 12,241 (3,211) 2,444,924 1,042,367 - 2,444,924 Financial Analysis & Cash Flow | 252 W. 132nd Street 12
  • 13. Loan Terms Output Monthly Payment Annual Payment Principal Balance Loan Start Date 1/1/2024 Year 1-3 ($12,886) ($154,635) 5 Years 2,512,000 Loan Amount 2,577,250 Year 1-7 ($15,452) ($185,423) 10 Years 2,310,231 Interest Rate 6.000% Term of Loan (Years) 30 Payment Beginning Principal Ending Cumulative Additional Ending Date No. Date Balance Interest Repayments Balance Interest Principal Balance Amortization Schedule 11/2/2030 83 2,444,924 12,225 (3,227) 2,441,696 1,054,592 - 2,441,696 12/3/2030 84 2,441,696 12,208 (3,243) 2,438,453 1,066,800 - 2,438,453 1/2/2031 85 2,438,453 12,192 (3,260) 2,435,193 1,078,992 - 2,435,193 2/2/2031 86 2,435,193 12,176 (3,276) 2,431,917 1,091,168 - 2,431,917 3/5/2031 87 2,431,917 12,160 (3,292) 2,428,625 1,103,328 - 2,428,625 4/4/2031 88 2,428,625 12,143 (3,309) 2,425,316 1,115,471 - 2,425,316 5/5/2031 89 2,425,316 12,127 (3,325) 2,421,991 1,127,598 - 2,421,991 6/4/2031 90 2,421,991 12,110 (3,342) 2,418,649 1,139,707 - 2,418,649 7/5/2031 91 2,418,649 12,093 (3,359) 2,415,290 1,151,801 - 2,415,290 8/5/2031 92 2,415,290 12,076 (3,375) 2,411,915 1,163,877 - 2,411,915 9/3/2031 93 2,411,915 12,060 (3,392) 2,408,523 1,175,937 - 2,408,523 10/4/2031 94 2,408,523 12,043 (3,409) 2,405,113 1,187,979 - 2,405,113 11/3/2031 95 2,405,113 12,026 (3,426) 2,401,687 1,200,005 - 2,401,687 12/4/2031 96 2,401,687 12,008 (3,443) 2,398,243 1,212,013 - 2,398,243 1/3/2032 97 2,398,243 11,991 (3,461) 2,394,783 1,224,005 - 2,394,783 2/3/2032 98 2,394,783 11,974 (3,478) 2,391,305 1,235,978 - 2,391,305 3/5/2032 99 2,391,305 11,957 (3,495) 2,387,809 1,247,935 - 2,387,809 4/4/2032 100 2,387,809 11,939 (3,513) 2,384,296 1,259,874 - 2,384,296 5/5/2032 101 2,384,296 11,921 (3,530) 2,380,766 1,271,796 - 2,380,766 6/4/2032 102 2,380,766 11,904 (3,548) 2,377,218 1,283,699 - 2,377,218 7/5/2032 103 2,377,218 11,886 (3,566) 2,373,652 1,295,585 - 2,373,652 8/5/2032 104 2,373,652 11,868 (3,584) 2,370,068 1,307,454 - 2,370,068 9/2/2032 105 2,370,068 11,850 (3,602) 2,366,467 1,319,304 - 2,366,467 10/3/2032 106 2,366,467 11,832 (3,620) 2,362,847 1,331,136 - 2,362,847 11/2/2032 107 2,362,847 11,814 (3,638) 2,359,210 1,342,951 - 2,359,210 12/3/2032 108 2,359,210 11,796 (3,656) 2,355,554 1,354,747 - 2,355,554 1/2/2033 109 2,355,554 11,778 (3,674) 2,351,880 1,366,524 - 2,351,880 2/2/2033 110 2,351,880 11,759 (3,693) 2,348,187 1,378,284 - 2,348,187 3/5/2033 111 2,348,187 11,741 (3,711) 2,344,476 1,390,025 - 2,344,476 4/4/2033 112 2,344,476 11,722 (3,730) 2,340,747 1,401,747 - 2,340,747 5/5/2033 113 2,340,747 11,704 (3,748) 2,336,998 1,413,451 - 2,336,998 6/4/2033 114 2,336,998 11,685 (3,767) 2,333,231 1,425,136 - 2,333,231 7/5/2033 115 2,333,231 11,666 (3,786) 2,329,446 1,436,802 - 2,329,446 8/5/2033 116 2,329,446 11,647 (3,805) 2,325,641 1,448,449 - 2,325,641 9/2/2033 117 2,325,641 11,628 (3,824) 2,321,817 1,460,077 - 2,321,817 10/3/2033 118 2,321,817 11,609 (3,843) 2,317,974 1,471,687 - 2,317,974 11/2/2033 119 2,317,974 11,590 (3,862) 2,314,112 1,483,276 - 2,314,112 12/3/2033 120 2,314,112 11,571 (3,881) 2,310,231 1,494,847 - 2,310,231 Financial Analysis & Cash Flow | 252 W. 132nd Street 13
  • 15. Investment Summary | 252 W. 132nd Street 15 OFFERING SUMMARY ADDRESS 252 W. 132nd Street New York NY 10 0 27 COUNTY Manhattan MARKET Manhattan SUBMARKET Central Harlem BUILDING SF 3,60 7 SF LAND SF 1,786 SF NUMBER OF UNITS 8 YEAR BUILT 1899 YEAR RENOVATED 20 17 APN 1937-0 0 52 OWNERSHIP TYPE Fee Simple FINANCIAL SUMMARY PRICE $3,965,0 0 0 PRICE PSF $1,0 99.25 PRICE PER UNIT $495,625 DEMOGRAPHICS 1MILE 3 MILE 5 MILE 20 22 Population 214,417 1,259,793 2,651,953 20 22 Median HH Income $52,329 $58,952 $64,720 20 22 Average HH Income $88,353 $112,946 $118,827 Investment Summary • NuRealty Advisors Inc. is proud to present the Exclusive Listing for 252 W. 132nd Street, New York, NY 10 0 27. The Fully Renovated Property offers Eight (8) Apartments located in the thriving and highly sought out Central Harlem. Just footsteps away from Central Park, this property offers an amazing investment opportunity. The property layout is Six 1BRs and Two 2BR/ 2Bath Duplex units. The property has a greenery courtyard in the rear and rooftop with access to the residents for entertaining. The property is not subject to ETPA and is Free-Market. A must see and great opportunity to own in NYC.
  • 16. Location Summary | 252 W. 132nd Street 16 Regional Map Locator Map Central Harlem • Central Harlem has been a cultural and artistic mecca since the 1920 's and the birth of the Harlem Renaissance where it gained notoriety for its diverse population and rich heritage. The neighborhood extends from the north end of Central Park at 110 th Street to the Harlem River, and from 5th to St. Nicholas Avenues. • Few neighborhoods balance charm and artistic expression better than Manhattan’s Harlem. The tree-lined streets abound with renovated brownstones, iconic restaurants, and popular music venues. Harlem residents are proud of their history, and they stay true to their roots by hosting frequent cultural events that attract large crowds from all over the city. • Harlem has four different communities that each boasts a unique vibe. Central Harlem, the birthplace of the Harlem Renaissance, offers a lively arts and music scene. South Harlem exhibits robust culture, inclusive of the Apollo Theater and renowned restaurants, Clay and Vinateria. East Harlem, also known as Spanish Harlem, is rich with Puerto Rican history and popular eateries. West Harlem offers quiet, tree-lined streets and picturesque parks. • Harlem is known for its groundbreaking cultural renaissance. During the 1920 s and 1930 s, residents like the poet Langston Hughes, musician Louis Armstrong, and author Zora Neale Hurston used artistic expression to proclaim and celebrate their Black identities. The rich culture that flowed from the neighborhood during that era challenged the world’s views on the Black experience and cemented Harlem as a mecca for Black entrepreneurs and artists. • Today, this in-demand neighborhood is a lifestyle destination for all races. Residents love that Harlem feels like a tight-knit community in the middle of busy NYC. The neighborhood of Harlem also offers a lower price tag than surrounding areas while boasting a booming real estate market and a swoon-worthy array of activities and amenities.
  • 18. Property Features | 252 W. 132nd Street 19 PROPERTY FEATURES NUMBER OF UNITS 8 BUILDING SF 3,60 7 LAND SF 1,786 YEAR BUILT 1899 YEAR RENOVATED 20 17 # OF PARCELS 1 ZONING TYPE R7-2 BUILDING CLASS B BUILDING FAR 2.0 2 NUMBER OF STORIES 3 AVERAGE FLOOR SF 90 2 MECHANICAL HVAC Electric UTILITIES WATER Landlord Responsibility TRASH Municipal COOKING GAS Tenant Responsibility ELECTRIC Tenant Responsibility HEAT Tenant Responsibility CONSTRUCTION FOUNDATION Masonry
  • 19. Aerial Map | 252 W. 132nd Street 20
  • 20. Property Images | 252 W. 132nd Street 21
  • 21. Property Images | 252 W. 132nd Street 22
  • 22. Property Images | 252 W. 132nd Street 23
  • 24. Demographics | 252 W. 132nd Street 25 POPULATION 1MILE 3 MILE 5 MILE 20 0 0 Population 190 ,910 1,181,0 68 2,441,693 20 10 Population 20 0 ,333 1,210 ,0 0 3 2,494,631 20 22 Population 214,417 1,259,793 2,651,953 20 27 Population 211,715 1,241,874 2,625,349 20 22 African American 94,278 311,60 5 510 ,213 20 22 American Indian 2,0 94 14,330 31,298 20 22 Asian 13,246 89,858 274,765 20 22 Hispanic 67,175 520 ,931 1,131,683 20 22 Other Race 37,135 30 0 ,0 73 657,786 20 22 White 42,535 385,281 834,241 20 22 Multiracial 24,912 157,579 341,184 20 22-20 27: Population: Growth Rate -1.25 % -1.45 % -1.0 0 % 20 22 HOUSEHOLD INCOME 1MILE 3 MILE 5 MILE less than $15,0 0 0 19,969 10 0 ,846 187,211 $15,0 0 0 -$24,999 7,822 43,718 89,218 $25,0 0 0 -$34,999 7,275 40 ,429 80 ,155 $35,0 0 0 -$49,999 9,431 50 ,767 10 6,939 $50 ,0 0 0 -$74,999 12,899 67,489 147,560 $75,0 0 0 -$99,999 9,579 53,417 114,732 $10 0 ,0 0 0 -$149,999 10 ,861 62,10 0 144,776 $150 ,0 0 0 -$199,999 6,366 36,627 83,957 $20 0 ,0 0 0 or greater 8,10 9 75,215 168,851 Median HH Income $52,329 $58,952 $64,720 Average HH Income $88,353 $112,946 $118,827 HOUSEHOLDS 1MILE 3 MILE 5 MILE 20 0 0 Total Housing 85,841 511,898 1,0 60 ,0 26 20 10 Total Households 81,273 491,0 34 1,0 18,920 20 22 Total Households 92,325 530 ,638 1,123,472 20 27 Total Households 93,261 533,234 1,131,285 20 22 Average Household Size 2.17 2.28 2.28 20 0 0 Owner Occupied Housing 5,894 81,853 196,90 1 20 0 0 Renter Occupied Housing 70 ,0 88 396,168 792,488 20 22 Owner Occupied Housing 12,390 10 6,790 248,582 20 22 Renter Occupied Housing 79,935 423,848 874,890 20 22 Vacant Housing 8,0 63 45,420 10 9,893 20 22 Total Housing 10 0 ,388 576,0 58 1,233,365 20 27 Owner Occupied Housing 12,817 10 9,70 6 255,812 20 27 Renter Occupied Housing 80 ,444 423,529 875,473 20 27 Vacant Housing 8,562 48,754 114,374 20 27 Total Housing 10 1,823 581,988 1,245,659 20 22-20 27: Households: Growth Rate 1.0 0 % 0 .50 % 0 .70 % Source: esri
  • 25. Demographics | 252 W. 132nd Street 26 20 22 POPULATION BY AGE 1MILE 3 MILE 5 MILE 20 22 Population Age 30 -34 18,987 10 5,10 1 234,348 20 22 Population Age 35-39 16,326 96,0 66 213,172 20 22 Population Age 40 -44 14,535 85,136 184,80 0 20 22 Population Age 45-49 12,357 72,328 154,156 20 22 Population Age 50 -54 12,963 74,297 155,215 20 22 Population Age 55-59 12,175 71,50 3 148,981 20 22 Population Age 60 -64 11,312 70 ,940 148,267 20 22 Population Age 65-69 9,959 63,196 131,886 20 22 Population Age 70 -74 8,233 53,943 112,310 20 22 Population Age 75-79 5,760 38,199 79,294 20 22 Population Age 80 -84 3,650 23,583 48,834 20 22 Population Age 85+ 3,429 21,70 2 45,0 96 20 22 Population Age 18+ 174,180 1,0 0 3,689 2,128,797 20 22 Median Age 36 37 37 20 22 INCOME BY AGE 1MILE 3 MILE 5 MILE Median Household Income 25-34 $65,671 $72,581 $79,158 Average Household Income 25-34 $96,818 $113,496 $121,948 Median Household Income 35-44 $66,426 $73,753 $80 ,930 Average Household Income 35-44 $10 6,0 0 0 $130 ,781 $139,638 Median Household Income 45-54 $66,213 $75,143 $79,679 Average Household Income 45-54 $10 5,0 0 1 $134,321 $137,858 Median Household Income 55-64 $49,841 $57,690 $62,411 Average Household Income 55-64 $88,551 $120 ,744 $123,317 Median Household Income 65-74 $32,513 $42,0 60 $45,90 6 Average Household Income 65-74 $69,0 99 $94,617 $99,158 Average Household Income 75+ $52,228 $75,948 $80 ,752 20 27 POPULATION BY AGE 1MILE 3 MILE 5 MILE 20 27 Population Age 30 -34 17,380 94,530 20 9,320 20 27 Population Age 35-39 16,353 92,950 20 4,162 20 27 Population Age 40 -44 14,861 86,771 189,453 20 27 Population Age 45-49 13,448 80 ,0 13 171,427 20 27 Population Age 50 -54 11,651 69,619 147,40 5 20 27 Population Age 55-59 11,911 69,431 145,441 20 27 Population Age 60 -64 10 ,646 64,883 135,573 20 27 Population Age 65-69 10 ,129 62,971 131,40 9 20 27 Population Age 70 -74 8,592 55,366 116,424 20 27 Population Age 75-79 6,680 44,429 92,843 20 27 Population Age 80 -84 4,562 29,713 61,975 20 27 Population Age 85+ 4,0 40 26,122 54,218 20 27 Population Age 18+ 174,721 1,0 0 3,534 2,137,0 78 20 27 Median Age 37 38 38 20 27 INCOME BY AGE 1MILE 3 MILE 5 MILE Median Household Income 25-34 $76,415 $81,980 $88,981 Average Household Income 25-34 $115,764 $133,391 $141,959 Median Household Income 35-44 $76,754 $81,744 $90 ,155 Average Household Income 35-44 $124,0 89 $147,337 $157,181 Median Household Income 45-54 $77,60 5 $85,0 29 $91,358 Average Household Income 45-54 $123,675 $151,763 $156,895 Median Household Income 55-64 $60 ,295 $69,755 $75,133 Average Household Income 55-64 $10 7,731 $138,30 2 $140 ,859 Median Household Income 65-74 $40 ,259 $50 ,561 $54,231 Average Household Income 65-74 $85,321 $111,850 $116,461 Average Household Income 75+ $65,353 $91,80 3 $97,40 5
  • 26. Demographic Charts | 252 W. 132nd Street 27 1Mile Radius 3 Mile Radius 5 Mile Radius 20 22 Household Income 20 22 Population by Race 1Mile Radius 3 Mile Radius 5 Mile Radius
  • 27. Demographic Charts | 252 W. 132nd Street 28 20 22 Household Occupancy - 1 Mile Radius 20 22 Household Income Average and Median Average Income Median Income
  • 29. OUR TEAM Company Bio | 252 W. 132nd Street 30
  • 30. Advisor Profile | 252 W. 132nd Street 31 Michael Nukho President Michael Nukho, the founder of NuRealty Advisors Inc., was introduced to the real estate industry at an early age by his beloved father and was exposed to various types of investment properties. Today, his company is a New York State, New Jersey and Connecticut Licensed Real Estate Brokerage company. Instilled with the experiences of Michael’s father, NuRealty prides itself on extensive market-level knowledge of investment sales and financing. With a passion for the industry, Michael provides a complete set of services to his clients, from analyzing the market to performing extensive financial analyses by concentrating on investment returns and proformas for his clients. Michael is also affiliated with GEM Management Partners LLC., a company he runs alongside his two brothers, where they manage multi-family rent-stabilized apartment buildings in NY. Immediately before his current role, Michael served as a portfolio analyst for DRA Advisors, a private equity real estate investment company located in Midtown Manhattan. There, he managed a $2 billion office portfolio with properties located throughout the United States. He was accountable for a wide variety of financial modeling and tasks. Michael’s first professional real estate position was as an audit manager for Deloitte. There, he focused on the New York market and serviced many large clients, such as The Related Companies, LP. Michael oversaw the AOL Time Warner Center, a $2 billion dollar development project, which has become one of New York City’s most high-profile properties. Michael graduated from Manhattan College in 1999, with a degree in Accounting & CIS. He holds the designation of Certified Property Manager (CPM) from the Institute of Real Estate Management. Michael sits on the Yonkers Chambers of Commerce through GEM Management Partners LLC and also as a BOD Member and Treasurer of the Westchester Owners Association (WOA).
  • 31. Advisor Profile | 252 W. 132nd Street 32 Lukasz Przybylek Executive Vice President As a NYS and Connecticut Licensed Associate Real Estate Broker, Lukasz brings a lifetime of business experience to his role at NuRealty Advisors, Inc. He has a demonstrated history of working in the real estate industry and is known as a skilled negotiator. Lukasz has extensive experience in all phases of commercial real estate transactions and has presided over numerous multi-million-dollar real estate acquisitions and depositions. His enthusiasm for commercial real estate sales, investor relations, and investment properties have made him a rising star among the NY & CT real estate community. Lukasz’s path to working in real estate was not conventional but provided a collection of varied experiences that helped him hone the skills needed to excel in the industry. Before his current role, he was an owner of restaurants in White Plains, NY and Yonkers, NY. These endeavors provided him with a hands-on opportunity to learn about lease negotiation, property management, and operations. Being a restaurateur reinforced his knack for making people feel at ease, even during the most complex transactions. To this day, Lukasz says that his chief concern is the satisfaction of his clients, “If they are happy, I’m delighted,” he says. Lukasz was also the owner of Neatwork, Inc., a commercial cleaning and maintenance company. Again, in this role, the entrepreneur was establishing the building blocks for his eventual career in commercial real estate. Neatwork kept him busy learning the ins-and- outs of building maintenance, floor plans, and logistics. A multi-lingual broker that speaks English, Polish, Russian, and Spanish, he serves a diverse clientele.
  • 32. 252 W. 132nd Street Exclusively Marketed by: Michael Nukho President (914) 670 -70 65 MNukho@ NuRealtyAdvisors.com Lic: 10 31120 330 5 Lukasz Przybylek Executive Vice President (914) 479-2721 LukaszPrzybylek@ gmail.com Lic: 10 30 12120 62 CONFIDENTIALITY and DISCLAIMER The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from NuRealty Advisors Inc. and it should not be made available to any other person or entity without the written consent of NuRealty Advisors Inc. . By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipient further agrees that recipient will not photocopy or duplicate any part of the offering memorandum. If you have no interest in the subject property, please promptly return this offering memorandum to NuRealty Advisors Inc. . This offering memorandum has been prepared to provide summary, unverified financial and physical information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. NuRealty Advisors Inc. has not made any investigation, and makes no warranty or representation with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this offering memorandum has been obtained from sources we believe reliable; however, NuRealty Advisors Inc. has not verified, and will not verify, any of the information contained herein, nor has NuRealty Advisors Inc. conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property.