The Terry Lane Apartments consists of a two-story, L-shaped, garden setting spread out on a large lot totaling almost 35,000 sq ft. Originally constructed in 1978, the Property has consistently been renovated and maintained by current ownership. The asset has additional value-add potential through interior renovation and market rent stabilization. The well designed floor plans of the Property consist of Ten (10) 1Bedroom/1Bath units of approximately 650 square feet, and Six (6) Two Bedroom/1Bath units of approximately 750 square feet. Total square feet of residential living space is approximately 11,000 square feet. The Property provides tenants with plenty of off-street parking, laundry facilities, and private patios/balconies.