XMF-43BRIGHT & SUNNY, BRIGHTON BEACH BROOKLYN, CORNER CASH FLOWFOR SALE: INITIAL ASKING PRICE $8,250,000 $8,150,000 $250,001 PRICE REDUCTION!

FINAL REDUCED ASKING PRICE: $7,999,999 SUBMIT ALL OFFERS close to the asking price.PROJECTED CONDOMINIUM FUTURE SELLOUT VALUE: $12,679,000 $409 Per Square Foot Condominium Value

Projected Profit Potential From Sale of Comparable Condominium Apartments: $4,679,001 Plus Return Of $7,999,999 Purchase Price Investment

A B C3.43% Cap Rate DHCR Proforma Cap Rate: 4.8% 6.3% = Long Term Projected Cap Rate

2% Immediate Proforma Cash on Cash ROI DHCR Proforma ROI: 5% = Long Term Projected Proforma Future Cash On Cash ROI (Before CC&MCI)

4%

(D) True Initial Cash On Cash ROE Return on Equity Investment Net Income After Proposed Debt Service PLUS Amortization Principal Reduction DHCR Proforma ROE: 7% 10% = Long Term Projected Proforma ROE

5.5%

(E) True Initial Cash On Cash ROE Return on Equity Investment Net Income After Proposed Debt Service PLUS Amortization Principal Reduction PLUS Add Back Vacancy Allowance, Collection Loss, Replacement Reserves, TILC, 5% Management Fee DHCR Proforma ROE: 8.6% 12.1% = Long Term Projected Proforma ROE

14.69 = GRM Gross Income Multiplier Proforma GRM xRR: 12.00 10.00 = Long Term Projected Gross Rent Multiplier$258 = Price Per Square Foot

$190,476 = Price Per Unit

Subject Property Address Being Sold, Location and Description

Property Address: 1070 (a.k.a. 1068-1078) Ocean View AvenueCity, State, Zipcode: Brooklyn, New York 11235Location: (Corner of Brighton 12th Street & Ocean View Avenue) Block & Lot # Block: 8715 Lot: 56

DESCRIPTION: A 4-story 100 foot corner walk up apartment building with 42 residential units.

Property and Land Lot Size, Square Footage, Zoning, etc.Zoning District: R6 Year Built: 1931

E-Designation: None Historic District: None Landmark: None Building Class: C1FAR As Built: 3.1 Maximum Allowed FAR: 2.43

Square Footage Feet Wide Width Feet Deep DepthBuilding Base Exterior Square Footage & Building Exterior Dimensions: 9,000 100 90

Lot Size Land Square Footage & Land Dimensions: 10,000 100 100E) Maximum Usable Floor Area Square Feet : 24,300

TOTAL EXISTING USABLE BUILDING Square Footage NOW: 31,000

E)UNUSED BUILDABLE ADDITIONAL SQUARE FOOTAGE (Or SF Over FAR) -6,700

Layout of Apartment Units and Estimated Comparable Market RentalsLayout Summary: 42/3's (1 Bedrooms) = 126 Rooms.

# of Each APARTMENT LAYOUTS:

Market Value Each Comparable Quality

Rental Apartments Rooms Baths Total # of Rooms Total Monthly Market Value

42 1 Bedroom 1 Bathroom $1,250 3.0 1.00 126 $52,50042 TOTAL Apartments On Owner's Rent Roll Listed As Rented With # of Rooms $630,000 Annual Market Rents

Market Rate Average Apt. Rent/Month $1,250126 TOTAL NUMBER OF ROOMS

0 # of Rent Stabilized Apartments 0% % of Total0 # of Rent Controlled Apartments 0% % of Total0 # of Free Market Rent Decontrolled Destabilized Apartments 0% % of Total

Financial Overview A B C

Income: (as of 5/1/2014)

Tenants

Occupancy Rate

Square Feet Estimate CURRENT TOTAL Now

Future Projected Gross Annual Income Assuming

Collections at DHCR Registered Legal Rents

Long Term Future PROFORMA Projected Potential Gross Annual Income Assuming Rental Increases Above Current

DHCR Rents of# of Apartments RESIDENTIAL INCOME: 20%

41 ACTUAL RENTS FROM RENTED APARTMENTS NOW Occupied Apartments 98% 31,000 $529,669 $666,641 $799,969.10Average Rent Per Month $1,077 $1,323 $1,587Residential Rent Per Square Foot Per Year $17.09 $21.50 $25.81

1 Vacant Apartment 2G Projected to be Rented Up Vacant Apatments 2% Vacancy Rate $15,000 $0 $0

42 TOTAL GROSS ANNUAL RENTAL INCOME ACTUAL & PROJECTED ALL SOURCES: $544,669 $666,641 $799,969B1) Residential Vacancy & Collection Allowance: -5% ($27,233) ($33,332) ($39,998)

EFFECTIVE GROSS INCOME (EGI) After Vacancy & Collection Allowance: $517,436 $633,309 $759,971EXPENSES: (Estimated Ordinary Operating Expenses)NYC R.E. Taxable Asssesment Valuation 2013/2014 $546,750 $546,750 $546,750NYC Tax Class 2 Tax Rate: 2013/2014 13.145% 13.145% 13.145%2013/2014 Real Estate Taxes $71,870 $71,870 $71,870Expenses: (As provided by owner) (Ordinary Operating Excluding Capital Expenses & Improvements)* Real Estate Taxes 2013/2014 $71,870 $71,870 $71,870Water & Sewer $23,100 $23,100 $23,100Insurance (Actual) $21,000 $21,000 $21,000

GAS $30,000 $30,000 $30,000Utilities: Electricity Common Areas: $6,000 $6,000 $6,000Labor Payroll Superintendent including witholding taxes $36,000 $36,000 $36,000Repair, Maintenance, Supplies: as per Seller $18,650 $21,000 $21,000Service Contract with exterminator EcoStar Pest Management $2,352

B2) Management Fee (Estimate For New Buyer) 5% $25,872 $31,665 $37,999B3) Residential Replacement Reserves Per/unit/year Underwriting Analysis $200 $8,400 $8,400 $8,400

TOTAL ORDINARY OPERATING EXPENSES: (Estimated) $243,244 $249,036 $255,369Expenses Per Unit Per Year ($5,792) ($5,929) ($6,080)Expenses Per Square Foot Per Year ($8) ($8) ($8)Expenses As Percentage of EGI 47% 39% 34%

NOI BDS: $274,191 $384,273 $504,602A) PRICING METRICS

PRICE Seller will Accept All Cash $7,999,999 $7,999,999 $7,999,999

A) 3.4% 4.8% 6.3%GRM = Gross Rent Multiplier 14.69 12.00 10.00Price Per Unit $190,476 $190,476 $190,476Price Per Square Foot $258 $258 $258

B) B) True Value To Efficient Hands On Self Managed Buyers, but All Lenders, Appraisers will not value it based on the following:

NOI BDS: $274,191 $384,273 $504,602B1, B2 + B3 = B) Add Back Vacancy, Collection, Replacement Reserves & Management Fee $61,505 $73,397 $86,397

$335,697 $457,671 $590,9994.2% 5.7% 7.4%

NET INCOME Before Debt Service Annually: NOI BDS (Based On The Above Information Before Capital Improvements, and prepayment penalty if applicable etc.)

A) Cap Rate: (All Cash Purchase Cash On Cash Return On Investment): (Projected Estimate Based On Above Information Before Closing Costs, Capital Improvements, and prepayment penalty if applicable etc.)

NET INCOME Before Debt Service Annually: NOI BDS (Based On The Above Information Before Capital Improvements, and prepayment penalty if applicable etc.)

B) NET INCOME CURRENT PROJECTED (Estimate Based On Above Information Before Closing Costs, Capital Improvements, and prepayment penalty if applicable etc.)

B) Cap Rate All Cash Purchase; Cash On Cash Return On Investment (Projected Estimate Based On Above Information Before Closing Costs, Capital Improvements, and prepayment penalty if applicable etc.)

Fuel (Estimated costs December 2013 Brand New Fuel Efficient Gas Boiler/Burner installed. Prior old oil boiler was $47,000/Yr.)

D1) & D2) POSSIBLE FINANCING OPTIONS:D1) EXISTING FINANCING

NOI BDS: $274,191 $384,273 $504,602

$2,750,000 $2,750,000 $2,750,000Rate: 5.125% Fixed Rate Until 2018 Year 5.13% 5.13% 5.13%Maturity Date of Required Balloon Payoff: 2018 2018 2018

30 30 30

D1) DS: ($179,681) ($179,681) ($179,681)Rate Constant: [Formula: Annual Debt Service P & I Divided By Mortgage Amount Borrowed] 6.53% 6.53% 6.53%DSCR = Debt Service Coverage Ratio [Formula: NABDS/Annual Debt Service] 1.53 2.14 2.81

($370,000) ($370,000) ($370,000)OR, Assumable: 1% Estimated fee to lender and lender's counsel ($27,500) ($27,500) ($27,500)

Approximate Unpaid Balance Now: $2,600,000 $2,600,000 $2,600,000

NOI ADS: $94,511 $204,592 $324,921

D1) $5,399,999 $5,399,999 $5,399,999

D1) ROI: 2% 4% 6%D1)Amort. $39,666 $39,666 $39,666

D1) $134,177 $244,259 $364,587

D1) ROE: 2% 5% 7%

Amortization Schedule Number of Years at Inception to Calculate P&I Payments:

Cash Equity Required to Buy Over And Above Proposed New Financing Herein: (Projected Estimate Based On Above Information Before Closing Costs, Capital Improvements, and prepayment penalty if applicable, etc. Subject to Change & Error)

Add Back Principal Reduction Amortization Equity Buildup:

TRUE INITIAL TOTAL RETURN: NOI ADS PLUS AMORTIZATION PRINCIPAL REDUCTION From DEBT SERVICE: (Projected Estimate Based On Above Information Before Closing Costs, Capital Improvements, and Prepayment Penalty If Applicable, etc. Subject to Rate Lock, Changing Rates, Terms, Withdrawal & Error)

True Initial Cash On Cash Return on Equity Investment Including Net Income PLUS Amortization Principal Reduction: (NOIADS Plus Amortization Principal Reduction) Divided by Investment) (Projected Estimate Based On Above Information Before Closing Costs, Capital Improvements, and Prepayment Penalty, If Applicable, etc. Subject to Change & Error)

Prepayment Penalty Schedule: Yield Maintenance = approximately $370,000 Seller will pay if buyer pays full price. Otherwise Buyer can assume the mortgage

NET INCOME Before Debt Service Annually: NOI BDS (Based On The Above Information Before Capital Improvements, and prepayment penalty if applicable etc.)

EXISTING ASSUMABLE FINANCING: Original Outstanding Face of Mortgage:

Debt Service Principal & Interest Payments Annually:(Estimate)

NET INCOME AFTER DEBT SERVICE From Proposed New Financing: NOI ADS: (Projected Estimate Based On Above Information Before Closing Costs, Capital Improvements, and prepayment penalty if applicable etc. Subject to Rate Lock, Changing Rates, Terms, Withdrawal & Error)

ROI: Initial Cash On Cash Return on Investment With Proposed New Financing:(Cash Flow Divided by Equity Investment) (Projected Estimate Based On Above Information Before Closing Costs, Capital Improvements, and Prepayment Penalty If Applicable etc. Subject to Change & Error)

D2) PROPOSED NEW FINANCINGOptional Possible Institutional FINANCING offered via 1% MORTGAGE BROKER FEE to ANDREW LICHTENSTEIN, INC. at closing.4 Year US Treasury Swap Index Yield 1.44% As of Date: 7/8/2014 subject to change until rate locked.Spread 1.54%

FIXED INTEREST RATE: 2.98%Amortization Schedule in Years 30 A B C

$4,100,000 $4,100,000 $4,100,000Loan to Purchase Price 51% 51% 51%

NOI BDS: $274,191 $384,273 $504,602D2) DS: ($206,899) ($206,899) ($206,899)

Rate Constant: [Formula: Annual Debt Service P & I Divided By Mortgage Amount Borrowed] 5.05% 5.05% 5.05%DSCR = Debt Service Coverage Ratio [Formula: NABDS/Annual Debt Service] 1.33 1.86 2.44

Debt Yield: [Formula: NABDS/Lender's Proposed First Mortgage] 6.69% 9.37% 12.31%

NOI ADS: $67,293 $177,374 $297,703

D2) DS: $3,899,999 $3,899,999 $3,899,999

D2) ROI: 1.7% 4.5% 8%D2)Amort. $85,886 $85,886 $85,886

D2) $153,178 $263,260 $383,589

D2) ROE: 4% 7% 10%

FIXED FOR 4 YEARS PLUS 5 YEAR ROLLOVER WITH 30 YEAR AMORTIZATION SCHEDULE

First Mortgage Offer Proposed by Lender of Mortgage Broker Andrew Lichtenstein, Inc.

NET INCOME Before Debt Service Annually: NOI BDS (Based On The Above Information Before Capital Improvements, and prepayment penalty if applicable etc.)

Debt Service Principal & Interest Payments Annually: (Projected Estimate Subject to Rate Lock, Changing Rates, Terms, Withdrawal & Error)

NET INCOME AFTER DEBT SERVICE From Proposed New Financing: NOI ADS: (Projected Estimate Based On Above Information Before Closing Costs, Capital Improvements, and prepayment penalty if applicable etc. Subject to Rate Lock, Changing Rates, Terms, Withdrawal & Error)

ROI: Initial Cash On Cash Return on Investment With Proposed New Financing:(Cash Flow Divided by Equity Investment) (Projected Estimate Based On Above Information Before Closing Costs, Capital Improvements, and Prepayment Penalty If Applicable etc. Subject to Change & Error)

Add Back Principal Reduction Amortization Equity Buildup:TRUE INITIAL TOTAL RETURN: NOIADS PLUS AMORTIZATION PRINCIPAL REDUCTION From DEBT SERVICE: (Projected Estimate Based On Above Information Before Closing Costs, Capital Improvements, and Prepayment Penalty If Applicable, etc. Subject to Rate Lock, Changing Rates, Terms, Withdrawal & Error)

True Initial Cash On Cash Return on Equity Investment Including Net Income PLUS Amortization Principal Reduction: (NOIADS Plus Amortization Principal Reduction) Divided by Investment) (Projected Estimate Based On Above Information Before Closing Costs, Capital Improvements, and Prepayment Penalty, If Applicable, etc. Subject to Change & Error)

Cash Equity Required to Buy Over And Above Proposed New Financing Herein: (Projected Estimate Based On Above Information Before Closing Costs, Capital Improvements, and prepayment penalty if applicable, etc. Subject to Change & Error)

E) E) True Value To Efficient Hands On Self Managed Buyers, but All Lenders, Appraisers will not value it based on the following:

NOI ADS: $67,293 $177,374 $297,703B1,B2&B3) $61,505 $73,397 $86,397D2)Amort. $85,886 $85,886 $85,886

E4) $214,683 $336,657 $469,986

D2) DS: $3,899,999 $3,899,999 $3,899,999

E5) ROE: 5.5% 8.6% 12.1%

NET INCOME AFTER DEBT SERVICE From Proposed New Financing: NOI ADS: (Projected Estimate Based On Above Information Before Closing Costs, Capital Improvements, and prepayment penalty if applicable etc. Subject to Rate Lock, Changing Rates, Terms, Withdrawal & Error)

Add Back Vacancy, Collection Loss, Replacement Reserves and Management Fee

Add Back Principal Reduction Amortization Equity Buildup:

TRUE INITIAL TOTAL RETURN: NOIADS PLUS ADD BACK VACANCY, COLLECTION LOSS, REPLACEMENT RESERVES, 5% MANAGEMENT FEE PLUS AMORTIZATION PRINCIPAL REDUCTION From DEBT SERVICE: (Projected Estimate Based On Above Information Before Closing Costs, Capital Improvements, and Prepayment Penalty If Applicable, etc. Subject to Rate Lock, Changing Rates, Terms, Withdrawal & Error)

Cash Equity Required to Buy Over And Above Proposed New Financing Herein: (Projected Estimate Based On Above Information Before Closing Costs, Capital Improvements, and prepayment penalty if applicable, etc. Subject to Change & Error)

True Initial Cash On Cash Return on Equity Investment Including Net Income After Debt Service PLUS Add Back Vacancy Allowance, Collection Loss, Replacement Reserves, TILC, 5% Management Fee Plus Amortization Principal Reduction From Debt Service: (NOIADS Plus Amortization Principal Reduction) Divided by Investment) (Projected Estimate Based On Above Information Before Closing Costs, Capital Improvements, and Prepayment Penalty, If Applicable, etc. Subject to Change & Error)

C2) PROJECTED POSSIBLE POTENTIAL FUTURE CONDOMINIUM SELLOUT PROFITABILITY:

C2) Projected Potential Condominium Sellout ValuePSF: $409 See Comparables $12,679,000 $12,679,000 $12,679,000

$4,679,001 $4,679,001 $4,679,001

58% 58% 58%

120% 120% 120%

Projected Profit Markup: (Projected Estimate Based On Above Information Before Closing Costs, Capital Improvements, and prepayment penalty if applicable etc.)

Projected Cash On Cash Return on Equity Investment:(Projected Resale Profit Divided by Cash Equity Required Over Proposed Financing Based On Above Information Before Closing Costs, Capital Improvements, and prepayment penalty if applicable etc.)

Projected Profit: (Projected Estimate Based On Above Information Before Closing Costs, Capital Improvements, and prepayment penalty if applicable etc.)

Highlights, Notes, Remarks, Comments, Conditions and Some Known Violations:Property Condition: GoodHighlights: ● Walk Score of 85 out of 100. This location is Very Walkable so most errands can be accomplished on foot.

● Located in the Brighton Beach neighborhood. Nearby parks include Brighton Beach Park (historical), Sixteen Trees Triangle and Homecrest Playground. ● 0.3 miles from the B 6 Avenue Express and Q Broadway Express Rails● Less than 0.2 miles to most Bus Lines● Excellent Transit so travel is convenient for most trips.● Near SUNY Downstate Medical Center, CUNY - Medgar Evers College and Wagner College● Steps from world famous Boardwalk, Atlantic Ocean, Beach, Sheepshead Bay

Violations: A Class HPD Housing Violations: 12As of Date: B Class HPD Housing Violations: 275/9/2014 C Class HPD Housing Violations: 4

I Class HPD Housing Violations: 0Total Number of HPD Housing Violations: 43# of Open DOB Department of Building Violations: 5

# of Open ECB Environmental Control Board Violations: 0

# of Open Complaints: 1

To be removed from this list just call 800-242-9888, fax or email REMOVE and tell us the fax number or email address this was sent to, or Click Here

Contact Seller's Exclusive Broker ONLY: Andrew Lichtenstein (800)242-9888 AL@LichtensteinRE.com Do Not circumvent Broker. No site access without Broker appointment.Cooperating Buyer's Broker will be paid 25% of the fee received from Seller by Broker ALI. (Fee Currently Set at 5%)

Seller's Required Terms and Conditions of Sale: All Cash. Unconditional agreement of sale to be signed by buyer upon completion of buyer’s due diligence with 10% non-refundable deposit closing in “As Is” condition, subject to any and all violations, without any contingencies except good marketable insured title at closing. Buyer must sign Broker ALI's Buyer Registration NCCFA Non-Circumvention and Conditional Andrew Lichtenstein, Inc. 1% Financing brokerage Agreement and if Buyer requires property inspection and receipt of confidential seller due diligence this shall be made available to only bona fide buyer who first submits letter of intent offer to buy satisfactory to Seller "subject to satisfactory property inspection and due diligence that includes Buyer's proof of cash funds for the required equity over proposed mortgage financing."

This opportunity is limited and restricted to a single Institution or Accredited Investor. The statements, figures and information including financial analysis regarding this opportunity, business, affiliates, or affiliated matters or any of the numbers or of any economic value attributable to the subject investment et al etc. herein or provided hereafter at all times are received from sources believed to be reliable and authoritative, but no representation, warranty, or guarantee ismade, express or implied or is to be relied upon, as to its accuracy, correctness or completeness and all is subject to errors, inaccuracies, omissions, withdrawal, cancellation, modification, constantly changing conditions, price, terms, rate, availability, prior sale, lease, rental, occupancy, vacancy, collection, arrears, approval, closing, financing, placement or other conditions, etc. all without notice and we hereby disclaim any duty or obligation to update such information.As with any real estate or business transaction, the principle of caveat emptor applies, and anyone considering this opportunity must perform their own independent due diligence investigation and personally vet anything related to herein verify all information and bear all risk for any inaccuracies, error, omission etc. Independent estimates of business, financial, investment or economic attributes should be developed with due diligence of and are advised to be represented by legal counsel and independent professionals before any decision is made regarding this. References to square footage or age are approximate, or estimated. This summary is for information only and does not constitute all or any part of an offer or contract. The materials and information shall not constitute an offer or a solicitation of an offer for the purchase or sale of any securities whatsoever or in any business affiliated herein, nor shall there be any sale of securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. This is not an offering, we are not licensed to solicit or sell securities. An offering may only be made by means of a prospectus supplement and accompanying base prospectus or confidential Private Placement Memorandum. To the extent that any information is deemed to be a 'forward looking statement' as defined in the rules and regulations of the Securities Act of 1933 or of the United States Private Securities Litigation Reform Act of 1995, as amended, such information is intended to fit within the 'safe harbor' provisions for forward looking information and is subject to material risk factors which may or may not be disclosed herein. Actual results may differ from expectations, estimates and projections and, consequently, you should not rely on these forward looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. We, and any business affiliated with us, do not intend to make any investment representations about opportunities and should not be viewed as such. This message is for the named person's use only. This is the product of confidential proprietary information from Andrew Lichtenstein, Inc. whom you must pay, and protect that same is paid and not circumvented. It may contain sensitive and private proprietary or legally privileged information. No confidentiality or privilege is waived or lost by any erroneous transmission. If you are not the intended recipient, please immediately delete it and all copies of it from your system, destroy any hard copies of it and notify the sender. You must not, directly or indirectly, use, disclose, distribute, print, or copy any part of this message if you are not the intended recipient. Unless otherwise stated, any pricing information given in this message is indicative only and does not constitute an offer to deal at any price quoted. Any reference to the terms of executed transactions should be treated as preliminary only and subject to our formal written confirmation.

Multifamily Rent Roll 1070 Ocean View Avenue Brighton Beach Brooklyn, New York 11235

Apartment Number Bedrooms Bathroom Rooms Status Gov't

AssistanceLease End Date

Preferential Rent Actually Paid DHCR Legal Rent

0A 1 1 3 Rent Stabilized 6/30/2014 $1,072.08 $1,072.080B 1 1 3 Rent Stabilized 4/30/2015 $1,192.47 $1,396.690C 1 1 3 Rent Stabilized 1/31/2015 $1,100.00 $1,186.900D 1 1 3 Rent Stabilized 11/30/2014 $1,200.00 $1,474.770F 1 1 3 Rent Stabilized Drie 6/30/2015 $1,156.62 $1,156.620G 1 1 3 Rent Stabilized Scrie 5/31/2016 $830.59 $830.590H 1 1 3 Rent Stabilized 9/30/2013 $1,200.00 $1,333.650I 1 1 3 Rent Stabilized 1/31/2015 $712.46 $712.460J 1 1 3 Rent Stabilized Section 8 12/31/2014 $591.69 $591.691A 1 1 3 Rent Stabilized 5/31/2015 $1,144.00 $1,685.641B 1 1 3 Rent Stabilized 6/30/2015 $1,040.00 $1,0791C 1 1 3 Rent Stabilized 6/30/2014 $1,002.06 $1,189.811D 1 1 3 Rent Stabilized 6/30/2014 $1,122.00 $1,286.141E 1 1 3 Rent Stabilized 9/1/2014 $1,100.00 $1,966.851F 1 1 3 Rent Stabilized 8/31/2014 $1,100.00 $1,346.681G 1 1 3 Rent Stabilized 1/31/2014 $1,150.00 $1,374.151H 1 1 3 Rent Stabilized 6/30/2014 $1,150.00 $1,478.251I 1 1 3 Rent Stabilized 12/31/2014 $1,150.00 $1,1961J 1 1 3 Rent Stabilized 12/31/2014 $1,150.00 $1,524.981K 1 1 3 Rent Stabilized Scrie 8/31/2014 $869.35 $869.352A 1 1 3 Rent Stabilized 12/31/2014 $1,125.00 $1,333.452B 1 1 3 Rent Stabilized 12/31/2014 $1,075.00 $1,396.282C 1 1 3 Rent Stabilized 12/31/2014 $1,150.04 $1,150.042D 1 1 3 Rent Stabilized 6/30/2014 $1,199.85 $1,223.842E 1 1 3 Rent Stabilized 1/31/2014 $1,084.83 $1,109.242F 1 1 3 Rent Stabilized 5/31/2015 $1,144.00 $1,810.232G 1 1 3 Rent Stabilized Vacant $1,250.00 $1,555.032H 1 1 3 Rent Stabilized 9/30/2014 $800.00 $841.722I 1 1 3 Rent Stabilized 12/31/2014 $1,100.00 $1,315.702J 1 1 3 Rent Stabilized 4/30/2015 $1,200.00 $1,505.212K 1 1 3 Rent Stabilized 4/30/2014 $1,150.00 $1,792.753A 1 1 3 Rent Stabilized 5/31/2015 $876.63 $876.633B 1 1 3 Rent Stabilized 12/31/2014 $1,125.00 $1,158.453C 1 1 3 Rent Stabilized 6/30/2015 $1,133.00 $1,541.363D 1 1 3 Rent Stabilized 6/30/2014 $1,122.00 $1,314.553E 1 1 3 Rent Stabilized 12/31/2014 $1,125.00 $1,697.593F 1 1 3 Rent Stabilized 6/30/2014 $1,122.00 $1,424.783G 1 1 3 Rent Stabilized Scrie 3/31/2016 $1,104.41 $1,104.413H 1 1 3 Rent Stabilized 7/31/2014 $1,100.00 $2,162.213I 1 1 3 Rent Stabilized 4/30/2014 $1,100.00 $1,656.623J 1 1 3 Rent Stabilized 12/31/2014 $1,125.00 $1,140.023K 1 1 3 Rent Stabilized 6/30/2015 $1,144.00 $1,691

42 42 126

Total Monthly: $45,389.08 $55,553.41Total Annual: $544,668.96 $666,640.92

Contact only Exclusive Broker: Andrew Lichtenstein 1(800) 242-9888AL@LichtensteinRE.com ANDREW LICHTENSTEIN, INC. (Licensed Real Estate Broker) Commercial Real Estate Sales and Mortgage Financing All information furnished or contained herein has been derived from sources that are deemed reliable, but no representation or warranty is made as to the accuracy thereof and same is submitted subject to approval, errors, omissions, change of price, terms, rate, prior rental, sale, lease, financing, withdrawal or other conditions all without notice. As with any real estate transaction, the principle of caveat emptor applies, and anyone considering this opportunity should undertake independent due diligence investigation.

Page 15The Corcoran Report1st Quarter 2014 South Brooklyn

East Flatbush Marine Park Mill Basin Bergen Beach Gerritsen Beach Greenwood Sunset Park Borough Park Mapleton

Midwood Bay Ridge Dyker Heights Bensonhurst Bath Beach Gravesend Sheepshead Bay Sea Gate Coney Island

Brighton Beach Manhattan Beach

The condo market improved in all price metrics relative to Fourth Quarter 2013 and First Quarter 2013. Prices grew significantly year-over-year, with a 27% rise in average price, up to $418,000, and a 50% rise in median price to $406,000. This median price gain for condos

was the largest in the borough. At $409, condo price per square foot was 5% above last quarter but 20% above First

Quarter 2013. Co-ops held nearly level compared to last quarter, but versus a year ago, average and median price grew by 12% and 13%, respectively.

Interactive map online at PropertyShark.com/maps

Average unit sales per square foot (SF):

Above $2,500 SF$2,000 - $2,500 SF$1,500 - $2,000 SF$1,250 - $1,500 SF$1,000 - $1,250 SF$750 - $1,000 SF$500 - $750 SFBelow $500 SFNo SF Available

Number of unit sales per building:

Above 20 Units10 to 20 Units3 to 9 Units1 to 2 Units

E NEW YORK AVE

AVENUE I

MC

DO

NA

LD

AV

E

NO

ST

RA

ND

AV

E

EMPIRE BLVD39TH ST

GravesendBay

Upper Bay

Lower Bay

Gateway National Recreation Area

Average Price Median Average Price MedianSingle-family Multi-residence

Q1 2014

Change

Q1 2013

Q1 2014

Change

Q4 2013

484K 345K 790K 843K

484K 345K 790K 843K

-28% -50% 37% 46%

905K 905K 828K 781K

670K 689K 576K 579K

Tow

nh

ou

ses

-47% -62% -5% 8%

Q1 2014

Change

Q1 2013

Q1 2014

Change

Q4 2013

231K 213K 305

231K 213K 305

0% -1% 1%

12% 13% 12%

232K 215K 303

207K 188K 272

CO

-OP

S

Average Sale Price

Median Price

Average Price per SF

Q1 2014

Change

Q1 2013

Q1 2014

Change

Q4 2013

418K 406K 409

418K 406K 409

1% 20% 5%

27% 50% 20%

413K 338K 391

328K 270K 341

CO

ND

OS

Average Sale Price

Median Price

Average Price per SF

The selected address: 1070 OCEAN VIEW AVENUE, Brooklyn 11235 5/8/14 HPD# 809078 Active

Range 1068-1078

Block 08715

Lot 0056

CD 13

CensusTract 61001

Stories 4

A Units 42

B Units 0

Ownership PVT

Registration# 333669

Class B

Open Violations - ALL DATES There are 43 Violations. Arranged by category: A class: 12 B class: 27 C class: 4 I class: 0Apt Story

Reported Date, nov ISSUED Date

Hzrd Class

Order no

Violation ID, NOV ID

Violation Description Status Status Date

Certify By Date Actual Cert. Date

2K 2 2014/03/30 2014/03/31

B 1502 10190952 4810654

§ 27-2046.1, 2046.2 hmc: provide an approved and operational carbon monoxide detecting device, installed in accordance with applicable law

and rules. in the entire apartment located at apt 2k, 2nd story, 2nd apartment from south at west , section "east"

NOV SENT 2014/03/31

2014/05/19

2K 2 2014/03/30 2014/03/31

A 692 10190967 4810653

§ 27-2043 adm code provide a lock and key to the entrance door of dwelling unit and, if a cl a multiple dwelling, also door chain guard in the entrance located at apt 2k, 2nd story, 2nd apartment from south at west

, section "east"

NOV SENT 2014/03/31

2014/07/18

2K 2 2014/03/30 2014/03/31

B 702 10190960 4810654

§ 27-2045 adm code repair or replace the smoke detector missing in theentire apartment located at apt 2k, 2nd story, 2nd apartment from south

at west , section "east"

NOV SENT 2014/03/31

2014/05/19

1G 2 2013/09/04 2013/09/06

B 568 9963225 4686224

§ 27-2018 admin. code: abate the nuisance consisting of roaches in the entire apartment located at apt 1g, 2nd story, apartment at south ,

section at east

NOV SENT 2013/09/06

2013/10/25

1G 2 2013/09/04 2013/09/06

A 692 9963227 4686223

§ 27-2043 adm code provide a lock and key to the entrance door of dwelling unit and, if a cl a multiple dwelling, also chain door guard in the

entrance located at apt 1g, 2nd story, apartment at south , section at east

CERT INVALID 2013/10/15

2013/12/24

1G 2 2013/09/04 2013/09/06

B 501 9963230 4686224

§ 27-2005 adm code properly repair the broken or defective bell-buzzer intercom system in the entire apartment located at apt 1g, 2nd story,

apartment at south , section at east

NOV SENT 2013/09/06

2013/10/25

H 1 2013/08/31 2013/09/03

B 568 9959426 4683959

§ 27-2018 admin. code: abate the nuisance consisting of roaches in the entire apartment located at apt h, 1st story, 1st apartment from north at

east , section at east

NOV SENT 2013/09/03

2013/10/22

1G 2 2013/08/27 2013/08/29

B 568 9955078 4682375

§ 27-2018 admin. code: abate the nuisance consisting of roaches in the entire apartment located at apt 1g, 2nd story, 1st apartment from east

at south , section at east

NOV SENT 2013/08/29

2013/10/17

1G 2 2013/08/27 2013/08/29

B 566 9955081 4682375

§ 27-2018 adm code abate the nuisance consisting of vermin flies in the entire apartment located at apt 1g, 2nd story, 1st apartment from east

at south , section at east

NOV SENT 2013/08/29

2013/10/17

2J 3 2013/08/21 2013/08/23

C 790 9949620 4679365

§ 27-2043.1 hmc install the missing or repair/replace the defective window guard(s) in accordance with the specifications of the new york

city health code section 24 rcny chapter 12. wg to install = 4; wg to replace = 0; wg to repair = 0; in the entire apartment located at apt 2j,

3rd story, 1st apartment from west at north

NOV SENT 2013/08/23

2013/09/25

2J 3 2013/08/21 2013/08/23

A 556 9950632 4679364

§ 27-2013 adm code paint with light colored paint to the satisfaction of this department all peeling paint surfaces in the bathroom , the foyer

located at apt 2j, 3rd story, 1st apartment from west at north

NOV SENT 2013/08/23

2013/12/10

- 1 2013/01/07 2013/01/09

C 501 9695720 4547995

§ 27-2005 adm code properly repair the broken or defective locking mechanism on vestibule door at public hall, 1st story

NOV SENT 2013/01/09

2013/01/20

- 1 2012/12/12 2012/12/14

B 501 9672763 4535701

§ 27-2005 adm code properly repair the broken or defective locking device at door vestibule to at public hall, 1st story

NOV SENT 2012/12/14

2013/02/01

G 1 2012/12/12 2012/12/14

A 501 9672766 4535700

§ 27-2005 adm code properly repair the broken or defective bell-buzzer intercom system in the entire apartment located at apt g, 1st story,

apartment at south , section at east

NOV SENT 2012/12/14

2013/04/02

- 0 2012/10/11 2012/10/15

B 512 * 9607265 4502503

§ 27-2005 adm code fire escape defective. replace with new the broken, defective and/or missing north fork at dropladder at east fire escape at

front yard

NOV SENT 2012/10/15

2012/12/03

3F 4 2012/07/24 2012/07/26

B 702 9515247 4456976

§ 27-2045 adm code repair or replace the smoke detector missing in theentire apartment located at apt 3f, 4th story, 1st apartment from south

at west

NOT COMPLIED

2012/10/12

2012/09/13

3F 4 2012/07/24 2012/07/26

B 1502 9515220 4456976

§ 27-2046.1, 2046.2 hmc: provide an approved and operational carbon monoxide detecting device, installed in accordance with applicable law

and rules. in the entire apartment located at apt 3f, 4th story, 1st apartment from south at west

NOT COMPLIED

2012/10/12

2012/09/13

1F 2 2012/07/24 2012/07/26

A 501 9515060 4456973

§ 27-2005 adm code properly repair the broken or defective intercom system from 1st story public hall vestibule located at apt 1f, 2nd story,

1st apartment from south at west , section at east

NOT COMPLIED

2012/10/12

2012/11/12

3B 4 2012/07/24 2012/07/26

B 1502 9515203 4456977

§ 27-2046.1, 2046.2 hmc: provide an approved and operational carbon monoxide detecting device, installed in accordance with applicable law

and rules. in the entire apartment located at apt 3b, 4th story, 2nd apartment from east at south

1 NO ACCESS 2012/10/19

2012/09/13

3B 4 2012/07/24 2012/07/26

B 702 9515209 4456977

§ 27-2045 adm code repair or replace the smoke detector missing in theentire apartment located at apt 3b, 4th story, 2nd apartment from east

at south

1 NO ACCESS 2012/10/19

2012/09/13

A 1 2010/10/29 2010/11/04

A 506 8675813 4049111

§ 27-2005 adm code replace with new the missing marble saddle at entrance door in the bathroom located at apt a, 1st story, apartment at

north , section at north

NOT COMPLIED

2012/10/12

2011/02/21

A 1 2010/10/29 2010/11/04

B 510 8675816 4049112

§ 27-2005 adm code & 309 m/d law abate the nuisance consisting of loose and exposed bx-cable at west wall in the kitchen located at apt a,

1st story, apartment at north , section at north

NOT COMPLIED

2012/10/12

2010/12/23

A 1 2010/10/29 2010/11/04

A 556 8675820 4049111

§ 27-2013 adm code paint with light colored paint to the satisfaction of this department walls and ceilings in the kitchen located at apt a, 1st

story, apartment at north , section at north

NOT COMPLIED

2012/10/12

2011/02/21

A 1 2010/10/29 2010/11/04

B 1502 8675829 4049112

§ 27-2046.1, 2046.2 hmc: provide an approved and operational carbon monoxide detecting device, installed in accordance with applicable law

and rules. in the entire apartment located at apt a, 1st story, apartment at north , section at north

NOT COMPLIED

2012/10/12

2010/12/23

1A 2 2010/10/29 2010/11/04

B 702 8675840 4049113

§ 27-2045 adm code repair or replace the smoke detector inoperative no battery in the entire apartment located at apt 1a, 2nd story, apartment

at north , section at north

1 NO ACCESS 2012/10/19

2010/12/23

1A 2 2010/10/29 2010/11/04

B 504 8675843 4049113

§ 27-2005 adm code provide approved type fire rated self closing door and assemblies in the entrance located at apt 1a, 2nd story, apartment

at north , section at north

1 NO ACCESS 2012/10/19

2010/12/23

1A 2 2010/10/29 2010/11/04

B 506 8675876 4049113

§ 27-2005 adm code replace with new the missing switch plate cover west wall in the 1st room from east located at apt 1a, 2nd story,

apartment at north , section at north

1 NO ACCESS 2012/10/19

2010/12/23

2B 3 2010/08/31 2010/09/02

B 508 8582186 4007647

§ 27-2005 adm code repair the broken or defective plastered surfaces and paint in a uniform color ceiling & walls in the 3rd room from north

located at apt 2b, 3rd story, 2nd apartment from east at south , section at west

1 NO ACCESS 2012/10/19

2010/10/21

2B 3 2010/08/31 2010/09/02

B 530 8582192 4007647

§ 27-2005, 2007 adm code arrange and make self-closing the doors .. in the entrance located at apt 2b, 3rd story, section at west

1 NO ACCESS 2012/10/19

2010/10/21

2B 3 2010/08/23 2010/08/26

A 529 8569415 4002831

§ 27-2005 adm code refit window in the entire apartment located at apt 2b, 3rd story

1 NO ACCESS 2012/10/19

2010/12/13

- - 2002/08/23 2002/08/27

C 671 4317730 1876032

§ 27-2033 adm code post notice, in form approved by the department, stating the name and location of the person designated by the owner to

have key to buildings heating system 1st sty public hall

NOT COMPLIED

2012/10/12

2002/09/12 2002/09/13

- 0 2000/06/28 2000/06/30

C 671 3530170 1464671

§ 27-2033 adm code post notice, in form approved by the department, stating the name and location of the person designated by the owner to

have key to buildings heating system 1st story public hall and on door at boiler room, cellar

NOT COMPLIED

2012/10/12

2000/07/16 2000/07/13

- 0 1995/07/11 1995/08/01

B 504 1927033 1256273

§ 27-2005 adm code provide brace for air conditioner protruding beyond window sills all stys front and west yard.

NOT COMPLIED

2012/10/12

1995/09/25

- 0 1995/07/11 1995/08/01

B 505 1927036 1256273

§ 27-2005 adm code replace with new the broken or defective lower sash wire glass 3 to 4 sty stair window public hall east section.

NOT COMPLIED

2012/10/12

1995/09/25

- 999 1991/08/01 1991/10/08

A 652 1927022 1256269

§ 27-2027 adm code repair the broken or defective rain leader exterior wall bulkhead roof.

NOT COMPLIED

2012/10/12

1992/01/31

- 966 1991/08/01 1991/10/08

A 506 1927027 1256269

§ 27-2005 adm code replace with new the missing chain on window bottom sashes all stys public hall east.

NOT COMPLIED

2012/10/12

1992/01/31

- -2 1990/06/26 1990/08/21

B 589 1407831 957892

§ 27-2026 adm code provide suitable tight cover for the handhole opening of trap front cellar.

NOT COMPLIED

2012/10/12

1990/10/15 1990/10/22

- -2 1990/06/26 1990/08/21

A 491 1407832 957891

§ 300 m/d law file plans and application and legalize the following alteration or restore to the legal condition existing prior to the making of

said alteration frame wall erected forming rooms at cellar.

NOT COMPLIED

2012/10/15

1990/12/14

- -2 1990/05/31 1990/07/10

B 502 1407827 957888

§ 27-2005 adm code properly repair with similar material the broken or defective plaster board ceiling cellar thru out.

NOT COMPLIED

2012/10/12

1990/09/03 1990/09/26

- - 1986/12/22 1987/03/24

A 556 1927006 1256258

d26-12.01 adm code paint with light colored paint to the satisfaction of this department ceiling & walls all rooms 1 sty west apt a.

NOT COMPLIED

2012/10/12

1987/07/17

- - 1986/12/22 1987/03/24

B 508 1927007 1256259

d26-10.01 adm code repair the broken or defective plastered surfaces and paint in a uniform color ceiling & walls all rooms 1 sty west apt a.

NOT COMPLIED

2012/10/12

1987/05/18

- -2 1984/09/17 1984/10/15

B 502 1926995 1256251

d26-10.01 adm code properly repair with similar material the broken or defective plaster board clg east & west cellar.

NOT COMPLIED

2012/10/12

1984/12/09

- 999 1984/09/17 1984/10/15

B 505 1926998 1256251

d26-10.01 adm code replace with new the broken or defective wire glass window pane 2 sty intermediate landing to 3 sty pub hall.

NOT COMPLIED

2012/10/12

1984/12/09

1070 Ocean View Avenue, Brooklyn NY 11235

Building Entrance Hallway/Lobby

Nice Hallway Marblework Nice Hallway Tilework

Crown Molding Throughout Building Updated Hallway

Mailboxes Intercom

Living/Dining

Kitchen Bathroom

Bedroom

Living Room

Kitchen Hallway Stairs

Basement Storage Area

Building Ornamentation

Freshly Painted Walls

Brighton Beach Boardwalk & Beach

Arial of Brighton Beach & Manhattan Beach Proximity to Property

View of Sheepshead Bay From Manhattan Beach

PROSPECTIVE BUYER REGISTRATION, NON-CIRCUMVENTION, CONFIDENTIALITY, NON-DISCLOSURE AGREEMENT

THIS CONFIDENTIALITY AGREEMENT (“Agreement”) is made and agreed to by Andrew Lichtenstein, Inc. 5770 Palisade Avenue Riverdale, New York 10471 (800) 242-9888 Fax: (866) 591-1138 AL@LichtensteinRE.com (“Broker”), Broker for the Property, known as and limited to: XMF-43 BRIGHT AND SUNNY BRIGHTON BEACH CORNER: ASKING: $8,250,000!! Final Reduced Price $7,999,999!!!

A 4-story 100 foot corner walk up apartment building with 42 residential units. 3.43 Cap Rate: 14.69X GRM. Only $258 PSF. $190,476 Price Per Unit

(the “Property”) and “Buyer” (see below). The obligations of confidentiality undertaken pursuant to this Agreement shall survive the terms under which the Broker is working with the Owner/Seller. BUYER HAS REQUESTED information from Broker for the purpose of evaluating a possible acquisition of Property. The Owner of the property has authorized Broker to deliver information concerning the Property, much of which is highly confidential, only to those potential prospective Buyers who sign this form of Agreement.

THE PARTIES AGREE, in consideration of the covenants and agreements contained herein, as follows:

1. Broker shall be paid solely by the Seller at closing; Seller now has signed a Brokerage Agreement for Seller to pay Broker at closing. Broker represents the Owner.

2. CONFIDENTIALITY & NON-DISCLOSURE: Buyer will not disclose, permit the disclosure of, release, disseminate or transfer, any information obtained hereunder (“Information”) to any other person or entity.

3. If Buyer is a corporation, partnership, limited liability company or other non-natural legal entity, the person(s) signing this Agreement on its behalf will take all appropriate precautions to limit the dissemination of the Information only to those persons within the entity who have need to know of the Information, and who are specifically aware of the Agreement and agree to honor it.

4. This Agreement applies to all Information received from Broker, which is not readily available to the general public. Buyer understands that all Information shall be deemed confidential, valuable and proprietary and shall be used for the sole purpose of evaluating the potential acquisition of the Property.

5. NON-CIRCUMVENTION: Without Broker’s written permission Buyer shall not contact directly any persons concerning the Property other than Broker. Buyer shall not circumvent Broker and if Buyer Buys and closes, then Buyer shall protect that Broker is paid by Seller according to agreement now signed by Broker and Seller.

6. Regarding Buyer’s prospective purchase of the Property, Buyer represents that it is a direct principal, not an agent, broker or intermediary or acting on behalf of any other party in conjunction with the purchase of the Property,(except Advisors working on behalf of their pension fund clients). Buyer acknowledges that it is not working with any other broker or agent other than the Broker named herein in connection with the Property. Buyer represents that it has the authority to enter into this agreement. Buyer has financial ability, capacity, capability and the required cash equity on hand, to Purchase Property if Buyer concludes it wants to buy the Property.

7. Buyer acknowledges Broker shall solely use its best efforts regarding this matter; however, neither Broker nor Owner makes any guaranty, warranty, representation or assurance of success, express or implied, as to the accuracy or completeness of any information provided by them is furnished is for information purposes only and Buyer assumes full and complete responsibility for confirmation and verification of any Information received and expressly waives all rights of recourse against Owner and Broker with respect to the same and Buyer shall hold Broker harmless and Broker assumes no liability in any event. Broker advises Buyer to seek the independent council of an attorney, accountant and financial advisor and Buyer acknowledges that Buyer is solely responsible for and shall perform its own independent due diligence. All financial information, sizes, square footage, price, term availability have been gathered from sources deemed reliable subject to error, change, withdrawal all without notice. 8. FINANCING ADVISORY FEE: Should buyer require financing Andrew Lichtenstein, Inc., solely with regard to financing sources procured on behalf of Buyer, Broker shall act as Buyer’s exclusive financing consultant. Buyer shall pay Andrew Lichtenstein, Inc. at closing mortgage brokerage financing consulting advisory service fee of TWO (2%) PERCENT REDUCED TO ONLY (1%) ONE PERCENT of financing procured on Buyer’s behalf from proceeds at closing. (Financing Exclusion: If Buyer does not accept the terms as defined by closing Buyer shall pay no financing fee to Broker. Buyer is free to use its own different source of financing without paying Broker any financing fee provided it is not from a source procured by Broker. If Buyer does not use Broker’s source of financing Buyer does not pay any financing fee to Broker.) Directive of Payment: The Buyer shall pay and hereby instructs the Seller’s closing agent, escrow, Title Company and its attorney to pay the fee herein at the closing.

9. Disclaimer, Law, Jurisdiction, Venue, Counterparts, Severability, and Hold Harmless: Buyer agrees that this is a commercial business transaction and that parties herein acknowledge to one another that each are sophisticated business professionals with years of real estate experience, with business savvy and that there is no disparity in bargaining power. This Agreement and all the terms herein shall be governed by interpreted by and construed solely in accordance with the laws of the State of New York, as well as court venue, without giving effect to principles of conflicts of law, without regard to location of the Property, Buyer or parties herein. Any action brought in relation to this Agreement shall be brought in a court in the City of New York, and Buyer hereby irrevocably consents to the jurisdiction of such courts, and waives any claim or defense that such forum is not convenient or proper. Any right to trial by jury with respect to any claim or action is hereby waived by all parties to this Agreement. In the event of bankruptcy, insolvency, reorganization, moratorium or similar laws, this agreement shall survive in full force and effect. In any instance where reproduction of this agreement shall be required in a court of law, facsimile, digital, scan, photocopied signatures or email transmission upon this agreement shall satisfy the “Best Evidence Rule” which shall be deemed an original since Buyer may never provide Broker with its original signature hereto. This agreement has been executed in several counterparts, each of which shall be deemed an original. All counterparts shall collectively constitute a single instrument. If any provision herein is deemed unlawful, the remainder shall remain in full force and effect.

Agreed to and Accepted By and Between the Parties Hereto,

Signature: _____________________________________ (Prospective Buyer) Today’s Date: 6/25/2014, or dated: ____________By: Prospective Buyer’s Name (Print Clearly Below):

Mr. ___________________________________________________________________________, et al

Title:________________________________________ or, with full authority to sign

Company Name: _______________________________________________________, et al

Address, City, State, Zip:_________________________________________________________________

Buyer’s Email: _______________________________________________________________________

Mobile Phone #: ______________________________ Office Telephone #: __________________________

Fax Number: ________________________________ Buyer’s Website Address: __________________ Please send me information on this and future Property via: □ Email, □ Fax, or □ Hard Copy

Broker Signature:__________________________

By: Andrew Lichtenstein, President Andrew Lichtenstein, Inc.

Licensed Real Estate Broker The One Stop Real Estate Shop

5770 Palisade Avenue Riverdale, New York 10471 Phone: (800) 242-9888 Fax: (212) 255-5277

AL@LichtensetinRE.com 6/25/2014 or dated ___________

Note: Thank you for your interest and request to receive property information. Do not contact the property owner, Management Company or tenants. Do not enter the property. All additional information and showings shall be arranged through Andrew Lichtenstein, Inc. (718) 549-5999 (800) 242-9888. If the above meets with your understanding kindly so indicate by signing on the signature line. To receive additional information, please fill out the above Buyer information completely FAX THIS SIGNED AGREEMENT to: (866) 591-1138 or Scan & Email to AL@LichtensteinRE.com Page 1 of 1 Friendliest Form Where Broker is being paid by Seller Sale’s Broker Fee

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