Commercial & Investments

LEASING REQUIREMENTS AND DOCUMENTATION

Information needed to lease a commercial space in Manhattan

From both business, and personal (ifapplicable):

1) 2 years of tax returns (specify business orpersonal)

2) 3 months of bank statements (specify business or personal)

3) Other Bank Account records (ie: money market,etc.)

4) If need guarantor, same paperwork for guarantor

q Credit check costing $150 (high 600s to 700s)(If financial or credit score is insufficient, may need to get guarantor whowill also need to get a credit check done that will cost an additional $150)*

Note: Your annual income needs to be 40 times what the monthly rent for the space is. If you need a guarantor, their income needs to be twice that or 80
times the monthly rent for the space.

Business

1) Corporate Records (Incorporation papers)

2) Bank Letter of Credit

3) If you have other businesses, bank records of those businesses

4)Profit and loss statement from other businesses

Note: We basically want to put together a package of financial information to show to the Coop or building manager to demonstate your financial strength and good credit. If new corporation or not operating business under a corporation, personal financial records are more vital.

This Confidentiality Agreement must be filled out and signed before any properties are shown for lease or sale or addresses given out. This agreement will be presented upon initial contact.

This document constitutes a buyer’s or lessee confidentiality agreement between R & C Realty, Inc., a licensed real estate broker located at 216 wEST 104TH, Suite B N.Y.C 10025 and ____________________ with respect to the sale or lease of the following: properties:____________________________________________________________________________________

__________________________________________

The buyer or lessee acknowledges that it has responded to the listing broker’s advertisements offering the sale or lease of the premises. The buyer or lessee agrees not to circumvent the listing broker, nor negotiate with the seller directly without the listing broker’s written permission.

No information will be passed on to any other associates, affiliates (company or corporation, LLC.) of the buyer without the explicitwritten permission of R & C Realty, Inc. Any associates of the buyer will have to fill out a separate Confidentiality Agreement with R & C Realty,
Inc. as well.

Accepted and Agreed to:

________________________________________

________________________________________

Listing Broker                         Date

_______________________________________

________________________________________

Buyer or Lessee                     Date

Outstanding Midtown Manhattan Office Space 

Approx. 3,800 Square Foot office space in Manhattan's trendy fashion district. Approx. 6 small offices off a bullpen area. Two freight elevators, and two passenger elevators. Reception area. $500 a month common charges. Great for fashion, technology, architecture, lawyer, accountant. No schools. Asking $10,000 a month.

Great Upper West Side Office spaces available

Approx. 275 SF renovated office space for lease near Columbia University and major subway line. Great for office usage. Includes renovated bathroom. 3 year lease. Asking $1,000 a month

Retail Listings

Approx. 1000 SF retail space with Avenue frontage on Upper West Side. Close to American Youth Hostel and down the street from Columbia University. Full basement. Lots of foot traffic. Asking $10,000 a month. Tenant pays all expenses. Restaurant usage considered.

Approx. 1,750 SF of retail space up one flight of steps from outside. Adjacent to and visible from Broadway. Asking $9,500 a month. Tenant pays all expenses. Restaurant usage considered.

Approx. 1,300 SF retail space in the East Village with Avenue frontage and full basement. Asking $6,000 a month. Tenant pays all expenses. No food. Tenant pays broker fee. Great for any dry retail use.

Approx. 2,200 SF ground floor, approx. 800 SF mezzanine and approx. 1,400 SF basement on Avenue corner with approx. 95' frontage, high ceilings in high traffic area. No cooking allowed. Tenant pays expenses. Asking $30,000 a month.

Approx. 1,100 SF ground floor, approx. 9' frontage, food allowed, lots of foot traffic. Tenant pays expenses, asking $11,500 a month

Approx. 1,350 SF retail space with approx. 700 SF basement and approx. 20 foot frontage. Approx. 11 foot ceilings, food OK, new storfront. Tenant pays expenses. Asking $9,000 a month.

Approx. 700 SF retail space with approx. 600 SF basement and approx. 10 foot frontage, Food OK, venting present. Tenant pays expenses. Asking $7,000 a month.

Approx. 1,000 SF retail space in Lower East Side area, new glass storefront, food allowed, will consider all offers, approx. 11 foot frontage and approx. 12 foot ceilings. Basement can be made available. Tenant pays expenses. Asking $4,000 a month.

Approx. 800 SF office space. Large size divided office space. Each office contains a window and storage. Newly renovated kitchen and bathroom.

Approx. 425 SF retail space with approx. 300 SF basement. Approx. 15 feet if frontage. Lots of foot and vehicular traffic, food ok, venting present. Tenant pays expenses. Asking $6,500 a month.

Approx. 1,000 SF first floor loft space located in Brooklyn Heights area. Good for Retail/Commercial/Professional/Community/Artist Space. 1st floor professional space that has private office, private outdoor space, kitchen and bathroom. Convenient location. Available immediately.

Shopping Centers Sales and NNN

Midwest Shopping Center 1

SUMMARY

Price: $9,400,000

GLA: 190,686 SF

Lot Size: 16.69 AC

Price/SF: $49.30

Occupancy: 86%

NOI (Actual): $775,536

NOI (Projected): $1,001,127

Cap Rate (Actual): 8.3%

Cap Rate (Projected): 10.6%

Year Built: 1970’s

HIGHLIGHTS

• National Credit Anchor Tenants - Big Lots (Lease Exp. 2015) and JC Penny (Lease Exp. 2014)
• Regional and National Credit Tenants Occupy 80% of the GLA
• Value-Add Opportunity: Leasing Upside
• Strong Junior Anchor Tenants: Sears, Dollar General, Peebles, Goodwill, and Hallmark
• Recent Renovations: New Façade (2004)

ACTUAL OPERATING INCOME

Base Rent: $939,517

Reimbursements: $116,611

Total Gross Income $1,056,128

Total Expenses: $280,592

NOI: $775,536

Loan Balance: $6,180,000

Interest Rate: 6.48%

Annual Debt Service: $471,000

4 PAGE

LEASING INFORMATION

Space 1: 10,130 SF $3 NNN

Space 2: 8,193 SF $6 NNN

Space 3: 3,600 SF $8 NNN

Space 4: 1,500 SF $12 NNN

DEMOGRAPHICS

1-mi. 3-mi. 5-mi.

2011 Total

Population 7,432 20,250 23,226

2011 Median

Household Income $34,640 $34,819 $37,813

2011 Per Capita

Income $18,509 $19,784 $20,968

2011 Average

Household Income $50,853 $52,070 $55,316

All information provided is from sources deemed reliable, but no representations made as to the accuracy, therefore and provided subject to error, omissions, change of price or other conditions prior sale or withdrawal without notice.

Midwest Shopping Center 2

SUMMARY

Price: Make Offer

GLA: 190,512 SF

Lot Size: 16.76 AC

Price/SF: n/a

Occupancy: 66%

NOI (Actual): $704,656

NOI (Projected): $1,156,145

Cap Rate (Actual): n/a

Cap Rate (Projected): n/a

Year Built: 1965-1989

HIGHLIGHTS

• National Credit Anchor Tenants - Big Lots, Save-A-Lot, and T-Mobile
• Huge Value-Add Opportunity: Leasing Upside (54K SF of vacancy)
• Recent Renovations made in 2009
• Established trade area with great visibility
• Less than 2 miles from nearby highways

ACTUAL OPERATING INCOME

Base Rent: $747,984

Reimbursements: $121,176

Total Gross Income $869,160

Total Expenses: $290,000

NOI: $579,160

Loan Balance: $6,500,000

Interest Rate: 5.81%

Annual Debt Service: $571,392

5 PAGE

LEASING INFORMATION

13 spaces available

Min. Divisible: 841 SF Negotiable

Max. Contiguous: 25,515 SF Negotiable

DEMOGRAPHICS

1-mi. 3-mi. 5-mi.

2011 Total

Population 10,506 99,457 230,348

2011 Median

Household Income $37,507 $35,827 $36,989

2011 Per Capita

Income $21,748 $22,123 $24,875

2011 Average

Household Income $48,501 $52,349 $59,159

All information provided is from sources deemed reliable, but no representations made as to the accuracy, therefore and provided subject to error, omissions, change of price or other conditions prior sale or withdrawal without notice.

Long Island Shopping Plaza

SUMMARY

Price: Make Offer

GLA: 47,602 SF

Lot Size: 3.66 AC

Price/SF: n/a

Occupancy: 83%

NOI (Actual): $666,500

NOI (Projected): $855,500

Cap Rate: n/a

Year Built: 1958

HIGHLIGHTS

• 11,000 SF recently leased to Dollar Tree (Anchor)
• Strong National Credit Tenants: Sleepy’s Mattress, OTB, and Sherwin Williams
• Huge Value-Add Opportunity: Leasing Upside
• Most tenants have either (1) or (2) 5 year options periods to renew
• Corner of major intersection: Middle Country Rd and Eastwood Blvd
• 210 Parking Spaces
• Neighboring Properties include Bank of Smithtown, Mavis Tires, Auto Zone, Modell’s, Mandee, and

Gold Gymnastics

ACTUAL OPERATING INCOME

Base Rent: $775,356

Reimbursements: $155,160

Total Gross Income $930,516

Total Expenses: $264,000

NOI: $666,516

Loan Balance: $7,140,000

Interest Rate: 6.26%

Annual Debt Service: $556,715

6 PAGE

LEASING INFORMATION

Space 1: 8,000 SF $20 NNN

DEMOGRAPHICS

1-mi.    3-mi.      5-mi.

2011 Total

Population   10,255 107,222     259,858

2011 Median

Hsehld. Inc. $93,255 $90,707     $90,601

2011 Per Capita

Income        $30,273 $33,861     $34,479

2011 Average

Hsehld. Inc. $98,087 $104,117   $105,901

All information provided is from sources deemed reliable, but no representations made as to the accuracy, therefore and provided subject to error, omissions, change of price or other conditions prior sale or withdrawal without notice.

Midwest Shopping Center 3

SUMMARY

Price: $5,500,000

GLA: 51,320 SF

Lot Size: 3.6 AC

Price/SF: $107.17

Occupancy: 100%

NOI (Actual): $576,480

Cap Rate: 10.5%

Year Built: 1960

HIGHLIGHTS

• Anchor Tenants - Dollar General (Lease Exp. 2020) and ACO Hardware (Lease Exp. 2013)
• Shadow Anchors - Metro FoodLand (Supermarket), Rite Aid, Blockbuster
• Value-Add Opportunity: Leasing Upside
• Property provides retailers the opportunity to draw customers from two of the best neighborhoods

within Detroit, Grandmont and Rosedale Park.

ACTUAL OPERATING INCOME

Total Gross Income $699,794

Total Expenses: $123,830

NOI: $576,480

7 PAGE

DEMOGRAPHICS

1-mi. 3-mi. 5-mi.

2011 Total

Population 20,534 153,010 402,974

2011 Median

Household Income $64,473 $33,698 $36,445

2011 Per Capita

Income $29,526 $19,896 $19,816

2011 Average

Household Income $78,789 $52,361 $51,848

All information provided is from sources deemed reliable, but no representations made as to the accuracy, therefore and provided subject to error, omissions, change of price or other conditions prior sale or withdrawal without notice.

Nassau County Shopping Center

SUMMARY

Price: Make Offer

GLA: 37,355 SF

Lot Size: 1.5 AC

Price/SF: $315

Occupancy: 79%

NOI (Actual): $769,100

NOI (Projected): $1,068,022

Cap Rate (Actual): n/a

Cap Rate (Projected): n/a

Year Built: 1986

HIGHLIGHTS

• Anchor Tenants - Community National Bank and Madison Spa
• Value Add Opportunity - Leasing upside
• Long Term Tenants. Approximately 55% of tenants have been at current location for over 7 years
• Excellent frontage on a highly trafficked road.
• Associated Supermarket located across the street.
• Prime upscale community with excellent demographic profile

PROJECTED OPERATING INCOME

Base Rent: $1,170,204

Reimbursements: $306,158

Total Gross Income $1,476,362

Total Expenses: $408,340

NOI: $1,068,022

Loan Balance: $9,240,000

Interest Rate: 5.95%

Annual Debt Service: $660,000

8 PAGE

LEASING INFORMATION

Space 1: 5,000 SF Negotiable

Space 2: 2,800 SF Negotiable

DEMOGRAPHICS

1-mi. 3-mi. 5-mi.

2011 Total

Population 22,980 114,654 476,471

2011 Median

Household Income $82,959 $102,063 $84,467

2011 Per Capita

Income $64,489 $59,754 $43,820

2011 Average

Household Income $158,822 $153,391 $120,130

All information provided is from sources deemed reliable, but no representations made as to the accuracy, therefore and provided subject to error, omissions, change of price or other conditions prior sale or withdrawal without notice.