Prime West Village Location: Situated along Hudson Street between West 10th and Charles Streets, the Property benefits from one of Manhattan’s most prestigious and supply-constrained neighborhoods, known for its historic charm, affluent demographics, and consistently strong residential and retail demand.

Long Term WALT: The Property features two ground-floor retail units that are 100% leased with a weighted average lease term of 6.19 years, providing durable, long-term income supported by a high-quality retail corridor.

Majority Free-Market Residential Component: Comprised of eleven residential units, with a free standing carriage house, including eight free-market apartments, the Property offers significant mark-to-market potential and operational upside through leasing and turnover.

Long-Term Development Optionality: The Property includes approximately 7,738 square feet of unused air rights, presenting future expansion potential in a neighborhood where new development opportunities are exceedingly rare. While near-term execution may be constrained, this provides a meaningful long-term upside component.