53 E 7th St, New York, NY 10003

This is a rock-solid, well-maintained 12-unit building with consistent upkeep across key structural and mechanical systems—including the façade, parapet, gas lines, roofing, and lead compliance. All major components are up to date, ensuring minimal deferred maintenance. Each of the 12 units shares a similar footprint but offers a mix of 1-, 2-, and 3-bedroom layouts, providing rental flexibility and appeal to a wide tenant base. Four of the free-market (FM) apartments have been recently upgraded with in-unit washer/dryers, enhancing tenant convenience and rental value. The pro forma Net Operating Income (NOI) is highly reliable, based on conservative projected increases for FM units and confirmed rental increases for rent-stabilized (RS) apartments. The property is fully leased with no arrears and no outstanding issues—offering a truly turnkey investment opportunity.