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THIRD AMENDMENT

TO

CONDOMINIUM OFFERING PLAN

385 FIRST A VENUE CONDOMINIUM

385 FIRST A VENUE NEW YORK, NEW YORK 10010

SPONSOR:

MF 385 First Ave LLC 594 Broadway, Suite 1010 New York, New York 10012

DATED:

W:\SWP\26735\1\0FFERING\AMDCOND0\00043986.DOCX

SELLING AGENT:

Urban Compass 19 Union Square West, 10th Floor New York, New York 10003

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TABLE OF CONTENTS

Section Page

INTRODUCTION ........................................................................................................................... 1

1. COMBINATION OF RESIDENTIAL UNITS ....................................................................... 1

2. ADDITIONAL LENDER DISCLOSURES ............................................................................ 1

3. DISCOUNTS TO TENANTS ................................................................................................. 2

4. INCORPORATION OF PLAN ............................................................................................... 2

5. DEFINITIONS ........................................................................................................................ 2

6. NO MATERIAL CHANGES .................................................................................................. 2

EXHIBITS

A - UPDATED SCHEDULE A - PURCHASE PRICES AND RELATED INFORMATION

B - UPDATED FLOOR PLANS

C - SCHEDULE B-1 -PROJECTED ENERGY COSTS BUDGET

D - ADDENDUM TO THE DESCRIPTION OF PROPERTY AND BUILDING CONDITION

E - UPDATED CERTIFICATION OF ARCHITECT

i

THIRD AMENDMENT

TO

CONDOMINIUM OFFERING PLAN

INTRODUCTION

This First Amendment modifies and supplements the terms of the Condominium Offering Plan for the premises known as 385 First Avenue Condominium ("Condominium") located at 385 First Avenue, New York, New York 10010 ("Building"), dated September 5, 2015 ("Plan"), and should be read in conjunction with the Plan.

The terms of this Amendment are as follows:

1. COMBINATION OF RESIDENTIAL UNITS

As set forth in the Plan, Sponsor has elected to combine certain Residential Units pursuant to alteration plans filed with the Department of Buildings.

Annexed hereto as Exhibit "A" is an updated Schedule A - "Purchase Prices of Units and Related fuformation" which reflects, among other things, the combined Residential Units.

Annexed hereto as Exhibit "B" are updated floor plans for the combined Residential Units.

Annexed hereto as Exhibit "C" is an updated Schedule B-1- Projected Individual Energy Costs Budget.

Annexed hereto as Exhibit "D" is an Addendum to the Description of Property and Building Condition.

Annexed hereto as Exhibit "E" is an updated Certification of Architect.

As a result of the combinations, the Building will now contain 118 Residential Units. Purchasers should refer to the Addendum to the Description of Property and Building Condition as the updated Floor Plans. Prior to recording the Declaration, Sponsor will amend the form of Declaration set forth in Part II of the Plan to reflect that the Building will contain 118 Residential Units.

2. ADDITIONAL LENDER DISCLOSURES

Sponsor has procured a mortgage loan ("Mortgage Loan") from Bank of the Ozarks with an

address at 8201 Preston Road, Suite 700, Dallas, Texas 75225 ("Sponsor's Lender") for financing the

acquisition and/or renovation or improvement of the Building or portions thereof in the amount of

$215,500,000. Pursuant to the terms of Mortgage Loan, Sponsor is (i) not required to enter into

Purchase Agreements with more than the required 15% of Residential Units prior to declaring the Plan effective, but (ii) meet certain minimum release prices prior to Lender's release of the lien of the Mortgage Loan from the Residential Unit. Sponsor has also procured additional financing in the amount

1

of $88,000,000 from BREF IV SERIES A LLC with an address at 250 Vesey Street, 14th Floor New

York, New York 10281 ("Additional Lender") for financing the Sponsor Work set forth in the Plan. The financing provided by Additional Lender is not secured by a mortgage on the Building. Proceeds

from the sale of the Units will first be applied to satisfy the loan held by Sponsor's Lender until such time as the outstanding principal balance is $150,000,000. From and after such time as the outstanding

principal balance of the mortgage loan is less than $150,000,000 then 31.82% of the required release price for each Unit will be paid to the Additional Lender. Following repayment in full of the mortgage

loan, 100% of the required release price for each Unit will be applied to satisfy the loan held by Additional Lender.

3. DISCOUNTS TO TENANTS

Each tenant in occupancy on the date this Amendment is accepted for filing (a "Tenant") shall

have the right to purchase the Unit in which the Tenant resides ("Tenant's Apartment Unit") by executing a Purchase Agreement and returning it together with the required ten percent (10%) Deposit to the Selling Agent. The purchase price for the Tenant's Apartment Unit shall be equal to $800 per square

foot (the "Reduced Price") irrespective of any pricing set forth on the updated Schedule A attached hereto as Exhibit "A". The Reduced Price shall remain in effect until the Plan is declared effective. As of the date of this Amendment there are no Tenant-Purchasers in contract.

4. INCORPORATION OF PLAN

The Plan, as modified and supplemented by this and prior Amendments, is incorporated herein by reference with the same effect as if set forth at length.

5. DEFINITIONS

Any term used in this Amendment not othetwise defined herein shall have the same meaning ascribed to it in the Plan.

6. NO MATERIAL CHANGES

Except as set forth in this Amendment, there have been no material changes of facts or circumstances affecting the Property or the offering.

SPONSOR:

MF 385 FIRST A VE LLC

2

EXHIBIT "A"

UPDATED SCHEDULE A - PURCHASE PRICES AND RELATED INFORMATION

385 FIRST AVENUE CONDOMINIUM Schedule A: Purchase Prices and Related Information for the Projected First Year of Condominium Operation (January 1, 2017 ·December 31, 2017)

Vacant/ Terrace/

Share of Resident

Occupied & Estimated

Estimated Estimated Estimated

Estimated Total Estimated Total Mangers Unit

Rent Bedrooms Bathrooms Unit Square Balcony

Offering Price General Common Residential Monthly

Annual Common Monthly Real Annual Real

Monthly Charges Annual Charges Purchase Price Unit Footage Square Interest Common Interest Common Estate TaJCes 1st Estate Taxes 1st

Regulatory (1) (1) (2) Footage

(3) (4)(a) (4)(b) Charges

Charges Year Year

1st Year 1st Year and Closing

Status (5) (7) (7) Costs (2) (5) (6) (6) (8)

2 B Vacant 2 2 1 231 192 $ 1 950 ODO 1.1158% 1.2040% $ 1 403.53 $ 16 842.30 $ 2 093.45 $ 25121.44 $ 3 496.98 $ 41 963.74 $ 24973

2 D Vacant 1 1 653 $ 950 ODO 0.5697% 0.6147% $ 716.58 $ 8 598.92 $ 1 068.82 $ 12 825.88 $ 1 785.40 $ 21 424.80 $ 12 750

2 E* RM Unit 2 2 1 235 $ 1 950 ODO 1.0774% 1.1626% $ 1 355.24 $ 16 262.89 $ 2 021.43 $ 24 257.22 $ 3 376.68 $ 40 520.11 $ 24114

2 F Vacant 1 1 720 $ 1 085 ODO 0.6281% 0.6778% $ 790.10 $ 9 481.20 $ 1178.49 $ 14141.86 $ 1 968.59 $ 23 623.06 $ -2 G Vacant 1 1 733 180 $ 1 200 ODO 0.6787% 0.7324% $ 853.75 $ 10 244.96 $ 1 273.42 $ 15 281.07 $ 2127.17 $ 25 526.03 $ 15191

2 H Vacant 1 1 703 380 $ 1100 ODO 0.6962% 0.7512% $ 875.69 $ 10 508.33 $ 1 306.16 $ 15 673.90 $ 2181.85 $ 26182.23 $ 15 581

3A Vacant 1 1 770 $ 1150 ODO 0.6718% 0.7249% $ 844.97 $ 10 139.62 $ 1 260.33 $ 15 123.93 $ 2105.30 $ 25 263.55 $ 15 035

3 B Vacant 2 2 1190 $ 1 750 ODO 1.0382% 1.1202% $ 1 305.86 $ 15 670.31 $ 1 947.78 $ 23 373.35 $ 3 253.64 $ 39 043.66 $ 23235

3 D Vacant 1 1 653 $ 962 500 0.5697% 0.6147% $ 716.58 $ 8 598.92 $ 1 068.82 $ 12 825.88 $ 1 785.40 $ 21 424.80 $ 12 750

3 E Occuoied/FM 2 2 1 235 $ 1975000 1.0774% 1.1626% $ 1 355.24 $ 16 262.89 $ 2 021.43 $ 24 257.22 $ 3 376.68 $ 40 520.11 $ 24114

3 F Vacant 1 1 720 $ 1100 ODO 0.6281% 0.6778% $ 790.10 $ 9 481.20 $ 1178.49 $ 14141.86 $ 1 968.59 $ 23 623.06 $ 14 058

3G Vacant 1 1 733 $ 1100 ODO 0.6395% 0.6900% $ 804.37 $ 9 652.39 $ 1199.77 $ 14 397.20 $ 2 004.13 $ 24 049.59 $ 14312

3 H Vacant 1 1 748 $ 995 ODO 0.6526% 0.7042% $ 820.83 $ 9 849.91 $ 1 224.32 $ 14 691.82 $ 2 045.14 $ 24 541.73 $ 14 605

4A Vacant 1 1 770 $ 1165 ODO 0.6718% 0.7249% $ 844.97 $ 10 139.62 $ 1 260.33 $ 15123.93 $ 2105.30 $ 25 263.55 $ 15 035

48 Vacant 2 2 1190 $ 1 775 ODO 1.0382% 1.1202% $ 1 305.86 $ 15 670.31 $ 1 947.78 $ 23 373.35 $ 3 253.64 $ 39 043.66 $ 23235

40 Vacant 1 1 653 $ 975 ODO 0.5697% 0.6147% $ 716.58 $ 8 598.92 $ 1 068.82 $ 12 825.88 $ 1 785.40 $ 21 424.80 $ 12 750

4 E Vacant 2 2 1 235 $ 2 ODO ODO 1.0774% 1.1626% $ 1 355.24 $ 16 262.89 $ 2 021.43 $ 24257.22 $ 3 376.68 $ 40 520.11 $ 24114

4 F Vacant 1 1 720 $ 1115000 0.6281% 0.6778% $ 790.10 $ 9 481.20 $ 1178.49 $ 14 141.86 $ 1 968.59 $ 23 623.06 $ 14058

4G Vacant 1 1 733 $ 1115000 0.6395% 0.6900% $ 804.37 $ 9 652.39 $ 1199.77 $ 14 397.20 $ 2 004.13 $ 24 049.59 $ 14312 4 H Occuoied/FM 1 1 748 $ 1 010 ODO 0.6526% 0.7042% $ 820.83 $ 9 849.91 $ 1 224.32 $ 14 691.82 - $ 2 045.14 $ 24 541.73 $ 14 605

SA Vacant 1 1 770 $ 1180 ODO 0.6718% 0.7249% $ 844.97 $ 10 139.62 $ 1 260.33 $ 15123.93 $ 2 105.30 $ 25 263.55 $ 15 035

5 B Vacant 2 2 1190 $ 1800000 1.0382% 1.1202% $ 1 305.86 $ 15 670.31 $ 1 947.78 $ 23 373.35 $ 3 253.64 $ 39 043.66 $ 23235

5 D Vacant 1 1 653 $ 987 500 0.5697% 0.6147% $ 716.58 $ 8 598.92 $ 1 068.82 $ 12 825.88 $ 1 785.40 $ 21 424.80 $ 12 750

5 E Vacant 2 2 1 235 $ 2 025 ODO 1.0774% 1.1626% 1 355.24 $ 16 262.89 $ 2 021.43 $ 24 257.22 $ 3 376.68 $ 40 520.11 $ 24114

5 F Vacant 1 1 720 $ 1130 ODO 0.6281% 0.6778% 790.10 $ 9 481.20 $ 1178.49 $ 14141.86 $ 1 968.59 $ 23 623.06 $ 14 058

5 G Vacant 1 1 733 $ 1130 000 0.6395% 0.6900% 804.37 $ 9 652.39 $ 1199.77 $ 14 397.20 $ 2 004.13 $ 24 049.59 $ 14312

5 H Vacant 1 1 748 $ 1025000 0.6526% 0.7042% 820.83 $ 9 849.91 $ 1 224.32 $ 14 691.82 $ 2 045.14 $ 24 541.73 $ 14605

6A Vacant 1 1 770 $ 1195 000 0.6718% 0.7249% $ 844.97 $ 10 139.62 $ 1 260.33 $ 15123.93 $ 2105.30 $ 25 263.55 $ 15 035

6 B Vacant 2 2 1190 $ 1 825 ODO 1.0382% 1.1202% $ 1 305.86 $ 15 670.31 $ 1 947.78 $ 23 373.35 $ 3 253.64 $ 39 043.66 $ 23 235

6 D Occuoied/FM 1 1 653 $ 1 000 ODO 0.5697% 0.6147% $ 716.58 $ 8 598.92 $ 1 068.82 $ 12 825.88 $ 1 785.40 $ 21 424.80 $ 12 750

6 E Vacant 2 2 1 235 $ 2 050 ODO 1.0774% 1.1626% $ 1 355.24 $ 16 262.89 $ 2 021.43 $ 24257.22 $ 3 376.68 $ 40 520.11 $ 24114

6 F Vacant 1 1 720 $ 1145 ODO 0.6281% 0.6778% $ 790.10 $ 9 481.20 $ 1178.49 $ 14141.86 $ 1 968.59 $ 23 623.06 $ 14 058

6G Vacant 1 1 733 $ 1145 ODO 0.6395% 0:6900% $ 804.37 $ 9 652.39 $ 1199.77 $ 14 397.20 $ 2 004.13 $ 24 049.59 $ 14 312

6 H Occuoied/FM 1 1 748 $ 1 040 ODO 0.6526% 0.7042% $ 820.83 $ 9 849.91 $ 1 224.32 $ 14 691.82 $ 2 045.14 $ 24 541.73 $ 14 605

7A Vacant 1 1 770 $ 1210000 0.6718% 0.7249% $ 844.97 $ 10 139.62 $ 1 260.33 $ 15123.93 $ 2105.30 $ 25 263.55 $ 15 035

7 B Vacant 2 2 1190 $ 1850000 1.0382% 1.1202% $ 1 305.86 $ 15 670.31 $ 1 947.78 $ 23 373.35 $ 3 253.64 $ 39 043.66 $ 23235

70 Vacant 1 1 653 $ 1012500 0.5697% 0.6147% $ 716.58 $ 8 598.92 $ 1 068.82 $ 12 825.88 $ 1 785.40 $ 21 424.80 $ 12 750

7 E Vacant 2 2 1235 $ 2 075 ODO 1.0774% 1.1626% $ 1 355.24 $ 16 262.89 $ 2 021.43 $ 24 257.22 $ 3 376.68 $ 40 520.11 $ 24114

7 F Vacant 1 1 720 $ 1070000 0.6281% 0.6778% $ 790.10 $ 9 481.20 $ 1178.49 $ 14141.86 $ 1 968.59 $ 23 623.06 $ 14 058

7 G Vacant 1 1 733 $ 1160 000 0.6395% 0.6900% $ 804.37 $ 9 652.39 $ 1199.77 $ 14 397.20 $ 2 004.13 $ 24 049.59 $ 14312 7 H Vacant 1 1 748 $ 1 055 ODO 0.6526% 0.7042% $ 820.83 $ 9 849.91 $ 1 224.32 $ 14 691.82 $ 2 045.14 $ 24 541.73 $ 14 605

BA Vacant 1 1 770 $ 1 225 ODO 0.6718% 0.7249% $ 844.97 $ 10 139.62 $ 1 260.33 $ 15123.93 $ 2105.30 $ 25 263.55 $ 15035

8 B Vacant 2 2 1190 $ 1 875 ODO 1.0382% 1.1202% $ 1 305.86 $ 15 670.31 $ 1 947.78 $ 23 373.35 $ 3 253.64 $ 39 043.66 $ 23235

8 D Vacant 1 1 653 $ 1025000 0.5697% 0.6147% $ 716.58 $ 8 598.92 $ 1 068.82 $ 12 825.88 $ 1 785.40 $ 21 424.80 $ 12 750

8 E Vacant 2 2 1 235 $ 2100 000 1.0774% 1.1626% $ 1 355.24 $ 16 262.89 $ 2 021.43 $ 24 257.22 $ 3 376.68 $ 40 520.11 $ 24114 8 F Vacant 1 1 720 $ 1175 ODO 0.6281% 0.6778% $ 790.10 $ 9 481.20 $ 1 178.49 $ 14141.86 $ 1 968.59 $ 23 623.06 $ 14058

8 G Vacant 1 1 733 $ 1175 ODO 0.6395% 0.6900% $ 804.37 $ 9 652.39 $ 1199.77 $ 14 397.20 $ 2 004.13 $ 24 049.59 $ 14 312

8 H Vacant 1 1 748 $ 1070000 0.6526% 0.7042% $ 820.83 $ 9 849.91 $ 1 224.32 $ 14 691.82 $ 2 045.14 $ 24 541.73 $ 14 605

9A Vacant 1 1 770 $ 1 240 ODO 0.6718% 0.7249% $ 844.97 $ 10 139.62 $ 1 260.33 $ 15123.93 $ 2105.30 $ 25 263.55 $ 15 035

9 B Vacant 2 2 1190 $ 1 900 ODO 1.0382% 1.1202% $ 1 305.86 $ 15 670.31 $ 1 947.78 $ 23 373.35 $ 3 253.64 $ 39 043.66 $ 23235

9 D Vacant 1 1 653 $ 1037500 0.5697% 0.6147% $ 716.58 $ 8 598.92 $ 1 068.82 $ 12 825.88 $ 1 785.40 $ 21 424.80 $ 12 750

9 E Vacant 2 2 1235 $ 2125 ODO 1.0774% 1.1626% $ 1 355.24 $ 16 262.89 $ 2 021.43 $ 24 257.22 $ 3 376.68 $ 40 520.11 $ 24114

9 F Occuoied/FM 1 1 720 $ 1 190 ODO 0.6281% 0.6778% $ 790.10 $ 9 481.20 $ 1178.49 $ 14141.86 $ 1 968.59 $ 23 623.06 $ 14 058

9 G Vacant 1 1 733 $ 1190 000 0.6395% 0.6900% $ 804.37 $ 9 652.39 $ 1199.77 $ 14 397.20 $ 2 004.13 $ 24 049.59 $ 14 312

9 H Vacant 1 1 748 $ 1 085 ODO 0.6526% 0.7042% $ 820.83 $ 9 849.91 $ 1 224.32 $ 14 691.82 $ 2 045.14 $ 24 541.73 $ 14 605 10 A Vacant 1 1 770 $ 1 255 ODO 0.6718% 0.7249% $ 844.97 $ 10 139.62 $ 1 260.33 $ 15123.93 $ 2 105.30 $ 25 263.55 $ 15 035

10 B Vacant 2 2 1190 $ 1 925 ODO 1.0382% 1.1202% $ 1 305.86 $ 15 670.31 $ 1 947.78 $ 23 373.35 $ 3 253.64 $ 39 043.66 $ 23 235

10 D Vacant 1 1 653 $ 1 050 ODO 0.5697% 0.6147% $ 716.58 $ 8 598.92 $ 1 068.82 $ 12 825.88 $ 1 785.40 $ 21 424.80 $ 12 750

10 E Vacant 2 2 1 235 $ 2150 000 1.0774% 1.1626% $ 1 355.24 $ 16 262.89 $ 2 021.43 $ 24 257.22 $ 3 376.68 $ 40 520.11 $ 24114

10 F Vacant 1 1 720 $ 1205000 0.6281% 0.6778% $ 790.10 $ 9 481.20 $ 1 178.49 $ 14141.86 $ 1 968.59 $ 23 623.06 $ 14 058 10 G Vacant 1 1 733 $ 1 205 ODO 0.6395% 0.6900% $ 804.37 $ 9 652.39 $ 1199.77 $ 14 397.20 $ 2 004.13 $ 24 049.59 $ 14 312

10 H Vacant 1 1 748 $ 1 100 ODO 0.6526% 0.7042% $ 820.83 $ 9 849.91 $ 1 224.32 $ 14 691.82 $ 2 045.14 $ 24 541.73 $ 14 605

11 A Vacant 1 1 770 $ 1 270 ODO 0.6718% 0.7249% $ 844.97 $ 10 139.62 $ 1 260.33 $ 15123.93 $ 2105.30 $ 25 263.55 $ 15 035

11 B Vacant 2 2 1190 $ 1 950 ODO 1.0382% 1.1202% $ 1 305.86 $ 15 670.31 $ 1 947.78 $ 23 373.35 $ 3 253.64 $ 39 043.66 $ 23235

11 D Vacant 1 1 653 $ 1 062 500 0.5697% 0.6147% $ 716.58 $ 8 598.92 $ 1 068.82 $ 12 825.88 $ 1 785.40 $ 21 424.80 $ 12 750

11 E Vacant 2 2 1 235 $ 2175 ODO 1.0774% 1.1626% $ 1 355.24 $ 16 262.89 $ 2 021.43 $ 24 257.22 $ 3 376.68 $ 40 520.11 $ 24114

385 FIRST AVENUE CONDOMINIUM Schedule A: Purchase Prices and Related Information for the Projected First Year of Condominium Operation (January 1, 2017 ·December 31, 2017)

Vacant/ Terrace/ Estimated

Share of Resident Occupied & Estimated

Estimated Estimated Estimated Total Estimated Total Mangers Unit

Rent Bedrooms Bathrooms Unit Square Balcony

Offering Price General Common Residential Monthly

Annual Common Monthly Real Annual Real Monthly Charges Annual Charges Purchase Price

Unit Footage Square Interest Common Interest Common Estate Taxes 1st Estate Taxes 1st Regulatory (1) (1) (3) Charges 1st Year 1st Year and Closing Status

(2) Footage (4)(a) (4)(b) Charges (5) Year Year (7) (7) Costs

(2) (5) (6) (6) (8)

11 F Vacant 1 1 720 $ 1220000 0.6281% 0.6778% $ 790.10 $ 9 481.20 $ 1 178.49 $ 14141.86 $ 1 968.59 $ 23 623.06 $ 14 058 11 G Vacant 1 1 733 $ 1220000 0.6395% 0.6900% $ 804.37 $ 9 652.39 $ 1199.77 $ 14 397.20 $ 2 004.13 $ 24 049.59 $ 14 312 11 H Vacant 1 1 748 $ 1115 000 0.6526% 0.7042% $ 820.83 $ 9 849.91 $ 1 224.32 $ 14 691.82 $ 2 045.14 $ 24 541.73 $ 14 605 12 A Vacant 1 1 770 $ 1285000 0.6718% 0.7249% $ 844.97 $ 10 139.62 $ 1 260.33 $ 15123.93 $ 2105.30 $ 25 263.55 $ 15 035 12 B Vacant 2 2 1190 $ 1975000 1.0382% 1.1202% $ 1 305.86 $ 15 670.31 $ 1 947.78 $ 23 373.35 $ 3 253.64 $ 39 043.66 $ 23235 12 D Vacant 1 1 653 $ 1075000 0.5697% 0.6147% $ 716.58 $ 8 598.92 $ 1 068.82 $ 12 825.88 $ 1 785.40 $ 21 424.80 $ 12 750 12 E Vacant 2 2 1 235 $ 2 200 000 1.0774% 1.1626% $ 1 355.24 $ 16 262.89 $ 2 021.43 $ 24257.22 $ 3 376.68 $ 40 520.11 $ 24114 12 F Vacant 1 1 720 $ 1235000 0.6281% 0.6778% $ 790.10 $ 9 481.20 $ 1178.49 $ 14141.86 $ 1 968.59 $ 23 623.06 $ 14 058 12 G Vacant 1 1 733 $ 1235000 0.6395% 0.6900% $ 804.37 $ 9 652.39 $ 1199.77 $ 14 397.20 $ 2 004.13 $ 24 049.59 $ 14 312 12 H Vacant 1 1 748 $ 1130 000 0.6526% 0.7042% $ 820.83 $ 9 849.91 $ 1 224.32 $ 14 691.82 $ 2 045.14 $ 24 541.73 $ 14 605 14 A Vacant 1 1 770 $ 1370000 0.6718% 0.7249% $ 844.97 $ 10 139.62 $ 1 260.33 $ 15 123.93 $ 2105.30 $ 25 263.55 $ 15035 14 B Occuoied/FM 2 2 1190 $ 2100 000 1.0382% 1.1202% $ 1 305.86 $ 15 670.31 $ 1 947.78 $ 23 373.35 $ 3 253.64 $ 39 043.66 $ 23235 14 D Vacant 1 1 653 $ 1087500 0.5697% 0.6147% $ 716.58 $ 8 598.92 $ 1 068.82 $ 12 825.88 $ 1 785.40 $ 21 424.80 $ 12 750 14 E Occuoied/FM 2 2 1 235 $ 2 340 000 1.0774% 1.1626% $ 1 355.24 $ 16 262.89 $ 2 021.43 $ 24 257.22 $ 3 376.68 $ 40 520.11 $ 24114 14 F Vacant 1 1 720 $ 1265000 0.6281% 0.6778% $ 790.10 $ 9 481.20 $ 1178.49 $ 14 141.86 $ 1 968.59 $ 23 623.06 $ 14 058 14 G Vacant 1 1 733 $ 1265000 0.6395% 0.6900% $ 804.37 $ 9 652.39 $ 1199.77 $ 14 397.20 $ 2 004.13 $ 24 049.59 $ 14312 14 H Vacant 1 1 748 $ 1160 000 0.6526% 0.7042% $ 820.83 $ 9 849.91 $ 1 224.32 $ 14 691.82 $ 2 045.14 $ 24 541.73 $ 14605 15 A Vacant 2 2 1138 $ 1950000 0.9928% 1.0713% $ 1 248.80 $ 14 985.56 $ 1 862.67 $ 22 352.00 $ 3111.46 $ 37 337.56 $ 22 220 15 c Vacant 3 2.5 1 874 590 $ 4 250 000 1.7636% 1.9030% $ 2 218.32 $ 26619.78 $ 3 308.77 $ 39 705.24 $ 5 527.08 $ 66 325.02 $ 39 471 15 E Vacant 1 1 743 128 $ 1350000 0.6761% 0.7296% $ 850.46 $ 10 205.46 $ 1 268.51 $ 15 222.14 $ 2118.97 $ 25 427.60 $ 15132 15 F Vacant 0 1 433 $ 760 000 0.3778% 0.4076% $ 475.16 $ 5 701.89 $ 708.73 $ 8 504.76 $ 1183.89 $ 14 206.65 $ 8 454 15 G Vacant 1 1 727 $ 1280000 0.6342% 0.6844% $ 797.78 $ 9 573.38 $ 1189.95 $ 14 279.35 $ 1 987.73 $ 23 852.73 $ 14195 15 H Vacant 1 1 727 $ 1175 000 0.6342% 0.6844% $ 797.78 $ 9 573.38 $ 1189.95 $ 14 279.35 $ 1 987.73 $ 23 852.73 $ 14195 16 A Vacant 2 2 1137 $ 1975000 0.9919% 1.0704% $ 1 247.70 $ 14 972.39 $ 1 861.03 $ 22 332.36 $ 3 108.73 $ 37 304.75 $ 22200 16 B Vacant 1 1 815 $ 1350000 0.7110% 0.7672% $ 894.35 $ 10 732.19 $ 1 333.98 $ 16 007.80 $ 2 228.33 $ 26 739.99 $ 15 913 16 D Vacant 2 2 1116 $ 2 350 000 0.9736% 1.0506% $ 1 224.66 $ 14 695.86 $ 1 826.66 $ 21 919.88 $ 3 051.31 $ 36 615.74 $ 21 790 16 E Vacant 1 1 743 $ 1215000 0.6482% 0.6994% $ 815.34 $ 9 784.07 $ 1 216.13 $ 14 593.61 $ 2 031.47 $ 24 377.68 $ 14 507 16 F Occuoied/FM 0 1 433 $ 772 500 0.3778% 0.4076% $ 475.16 $ 5 701.89 $ 708.73 $ 8 504.76 $ 1183.89 $ 14 206.65 $ 8 454 16 G Occuoied/FM 1 1 727 $ 1295000 0.6342% 0.6844% $ 797.78 $ 9 573.38 $ 1189.95 $ 14 279.35 $ 1 987.73 $ 23 852.73 $ 14195 16 H Vacant 1 1 727 $ 1190 000 0.6342% 0.6844% $ 797.78 $ 9 573.38 $ 1189.95 $ 14 279.35 $ 1 987.73 $ 23 852.73 $ 14195 17 A Vacant 2 2 1137 $ 2 000 000 0.9919% 1.0704% $ 1 247.70 $ 14 972.39 $ 1 861.03 $ 22 332.36 $ 3108.73 $ 37 304.75 $ 22200 17 B Vacant 1 1 815 $ 1365000 0.7110% 0.7672% $ 894.35 $ 10 732.19 $ 1 333.98 $ 16 007.80 $ 2 228.33 $ 26 739.99 $ 15 913 17 D Vacant 2 2 1116 $ 2 375 000 0.9736% 1.0506% $ 1 224.66 $ 14 695.86 $ 1 826.66 $ 21 919.88 $ 3051.31 $ 36 615.74 $ 21 790 17 E Vacant 1 1 743 $ 1230000 0.6482% 0.6994% $ 815.34 $ 9 784.07 $ 1 216.13 $ 14 593.61 $ 2 031.47 $ 24 377.68 $ 14 507 17 F Vacant 0 1 433 $ 785 000 0.3778% 0.4076% $ 475.16 $ 5 701.89 $ 708.73 $ 8 504.76 $ 1183.89 $ 14206.65 $ 8 454 17 G Vacant 1 1 727 $ 1310000 0.6342% 0.6844% $ 797.78 $ 9 573.38 $ 1189.95 $ 14 279.35 $ 1 987.73 $ 23 852.73 $ 14195 17 H Vacant 1 1 727 $ 1205000 0.6342% 0.6844% $ 797.78 $ 9 573.38 $ 1189.95 $ 14 279.35 $ 1 987.73 $ 23 852.73 $ 14195 18 A Occuoied/FM 2 2 1137 $ 2130 000 0.9919% 1.0704% $ 1 247.70 $ 14 972.39 $ 1 861.03 $ 22 332.36 $ 3 108.73 $ 37 304.75 $ 22 200 18 B Occuoied/FM 1 1 815 $ 1450000 0.7110% 0.7672% $ 894.35 $ 10 732.19 $ 1 333.98 $ 16 007.80 $ 2 228.33 $ 26 739.99 $ 15 913 18 D Occuoied/FM 2 2 1116 $ 2 520 000 0.9736% 1.0506% $ 1 224.66 $ 14 695.86 $ 1 826.66 $ 21 919.88 $ 3 051.31 $ 36 615.74 $ 21 790 18 E Vacant 1 1 743 $ 1260000 0.6482% 0.6994% $ 815.34 $ 9 784.07 $ 1 216.13 $ 14 593.61 $ 2 031.47 $ 24 377.68 $ 14 507 18 F Occuoied/FM 0 1 433 $ 797 500 0.3778% 0.4076% $ 475.16 $ 5 701.89 $ 708.73 $ 8 504.76 $ 1183.89 $ 14206.65 $ 8 454 18 G Vacant 1 1 727 $ 1340000 0.6342% 0.6844% $ 797.78 $ 9 573.38 $ 1189.95 $ 14 279.35 $ 1 987.73 $ 23 852.73 $ 14195 18 H Vacant 1 1 727 $ 1235000 0.6342% 0.6844% $ 797.78 $ 9 573.38 $ 1189.95 $ 14 279.35 $ 1 987.73 $ 23 852.73 $ 14195 19 A Vacant 3 3 1 982 1265 $ 4 950 000 2.0050% 2.1635% $ 2 522.01 $ 30264.12 $ 3 761.75 $ 45141.02 $ 6 283.76 $ 75 405.14 $ 44 874 19 c Vacant 3 2.5 1 595 1 207 $ 4 250 000 1.6548% 1.7856% $ 2 081.42 $ 24 977.03 $ 3104.58 $ 37 254.97 $ 5186.00 $ 62 232.00 $ 37 035 20 A Vacant 2 2 984 $ 2 375 000 0.8585% 0.9263% $ 1 079.80 $ 12 957.64 $ 1 610.60 $ 19 327.21 $ 2 690.40 $ 32 284.85 $ 19 213 20 B Vacant 2 2 998 $ 2 295 000 0.8707% 0.9395% $ 1 095.17 $ 13141.99 $ 1 633.52 $ 19 602.19 $ 2 728.68 $ 32 744.18 $ 19 486 20 c Occuoied/FM 3 2.5 1 595 $ 3195 000 1.3915% 1.5015% $ 1 750.29 $ 21 003.49 $ 2 610.68 $ 31 328.15 $ 4 360.97 $ 52 331.64 $ 31143 21 A Vacant 2 2 984 $ 2 520 000 0.8585% 0.9263% $ 1 079.80 $ 12 957.64 $ 1 610.60 $ 19 327.21 $ 2 690.40 $ 32 284.85 $ 19 213 21 B Vacant 2 2 998 $ 2 440 000 0.8707% 0.9395% $ 1 095.17 $ 13141.99 $ 1 633.52 $ 19 602.19 $ 2 728.68 $ 32 744.18 $ 19 486 21 c Vacant 3 2 1,555 $ 3,390,000 1.3566% 1.4639% $ 1,706.40 $ 20,476.76 $ 2,545.21 $ 30,542.49 $ 4,251.60 $ 51,019.25 $ 30,362

Residential Unit Sub Total 105,241 3,942 $ 181,900,000 92.6741% 100.0000% $ 116,568.82 $ 1,398,825.83 $ 173,870.42 $ 2,086,445.00 $ 290,439.24 $ 3,485,270.83 $ 2,060,056

Unit Square Cellar Sq Commercial Units Footage Footage Commercial Unit 1 !restaurant\ 1491 756 1.6965% $ 554.98 $ 6 659.71 $ 2 685.74 $ 32 228.83 $ 3 240.71 $ 38 888.54 Commercial Unit 2 (bank) 2300 1311 2.6928% $ 880.89 $ 10 570.73 $ 4 262.98 $ 51155.77 $ 5143.88 $ 61 726.50 Commercial Unit 3 (store) 3366 2.9366% $ 960.63 $ 11,527.60 $ 4,648.87 $ 55,786.40 $ 5,609.50 $ 67,314.00 Commerclal Unit Sub Total 7,157 2067 7.3259% $ 2,396.50 $ 28,758.04 $ 11,597.58 $ 139,171.00 $ 13,994.09 $ 167,929.04

TOTALS 112,398 3,942 $ 181,900,000 100.0000% 100.0000% $ 118,965.32 $ 1,427 ,583.87 $ 185,468 $ 2,225,616.00 $ 304,433.32 $ 3,653,199.87 $ 2,060,056 * 2E Resident Manager's Unit

[SEE THE FOOTNOTES TO SCHEDULE A SET FORTH IN THE PLAN]

EXHIBIT "B"

UPDATED FLOOR PLANS

SITE PLAN

385 First Avenue 07.07.16

EAST 23RD STREET (100' WIDE = WJDE STREET)

. 1 · -y" 99'·8" ..-t- ·-------------------~------------,_,_ ________________________ ------------------------~------- --------------------------------

},:_ .. :: ...... R--E~!c_:_E~~s.'.'.s ____ --:¥---------····· ··---~-1 '.~~--------------------;l---!!'.:~-~---.Ji------ lB'·O' ·1 RECESS"i

El14.17' EL 161.16'

a 1as.66'

EL151.16'

EL20B.16'

"··--··-··---·-···il-····-------·······---------------

EL 13.58'

EL161.16'

--------;(

EL23.17t

L 161.16'

;

C-

·· EL'7-1~63-.,·:,·11· .... ·-----1, - ~~ ~! Ji j ' "

El 14.16'

F I 1 :

w·········"-4"·"·--~,---~~--~---~.-.-4:>-_'=-a:.::--::----~----_-::::-_-__ ~--.~4_6= __ ._~_-__ . --_=-_-_-_~-.. --:--.~-.~::1_0'_~ __ -_w_-__ ~ ---- -T +A

4•

100'-0"

ALL DIMENSIONS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES. THE SQUARE FOOTAGE INDICATED EXCEEDS THE USABLE FLOOR AREA; IT INCLUDES COLUMNS. MECHANICAL PIPES, SHAFTWAYS, CONDUITS AND OTHER COMMON ELEMENTS. SQUARE FOOTAGES DETERMINED IN ACCORDANCE 'MTH I THE OFFERING PLAN. SPONSOR RESE.''WES THE RIGHT TO MAKE CHANGES IN ACCORDANCE 'MTH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENSIONS MAY CONTAIN MINOR VARIATIONS FLOOR TO FLOOR.

Gerner Kronick + Valcarcel, Architects, DPC I

1- NORTH ELEVATION


I ~ ~ !l' ~ ~ ~

p .. ~ t ~ ~ ! ~ ~ ~ ~ ~

~ ~ ~~ H 8 ~ ~;

~ ;

~ •' ~ ~ ' ~ ~ ~ e ~ ~

ALL DIMENSIONS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES. THE SQUARE FOOTAGE INDICATED EXCEEDS THE USABLE FLOOR AREA; IT INCLUDES COLUMNS, MECHANICAL PIPES, SHAFTWAYS, CONDUITS AND OTHER COMMON ELEMENTS. SQUARE FOOTAGES DETERMINED IN ACCORDANCE WITH THE OFFERING PLAN. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE WITH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENSIONS MAY CONTAIN MINOR VARIATIONS FLOOR TO FLOOR.

Gerner Kronick + Valcarcel, Architects, DPC

~ ~

2- EAST ELEVATION


H 5

~ ~ ~ ~ ~;

~ ~ ~ 5 ~

~ ~ ~ i ~ ~ I ~ p ~ ~ ii ~ ~ ~ ~ ~ E

~ ~ ~ ~ ~i .. ~ • •

~ ~ ~ ; ~~ H ~~ ~ ~ H '!

~ • ~ " ~ ~

ALL DIMENs15NS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES. THE SQUARE FOOTAGE INDICATED EXCEEDS THE USABLE FLOOR AREA; IT INCLUDES COLUMNS. MECHANICAL PIPES, SHAFTWAYS, CONDUITS AND OTHER COMMON ELEMENTS. SQUARE FOOTAGES DETERMINED IN ACCORDANCE WITH THE OFFERING PLAN. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE WITH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENSIONS MAY CONTAIN MINOR VARIATIONS FLOOR TO FLOOR.


~ ~ B ~

3- SOUTH ELEVATION


H ~ ~ ~ ~ i + ~ 5 ~ ¥ ~ i ~ ~ ~ ~ ~ ~ ~ ~ !: ; ~ ~ ~ E

~ ;.

~ ~ ~ i ~ ~ ~ !: ~

! i ~ ~ ~ " ! ~ ~ ~ ~ ~ ~ ~ ' ~ ~ ~ ~ • e ~ ~

25'

ALL DIMENSIONS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES. THE SQUARE FOOTAGE INDICATED EXCEEDS THE USABLE FLOOR AREA; IT INCLLIDES COLUMNS, MECHANICAL PIPES, SHAFTWAYS, CONDUITS AND OTHER COMMON ELEMENTS. SQUARE FOOTAGES DETERMINED IN ACCORDANCE WITH THE OFFERING PLAN. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE WITH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENSIONS MAY CONTAIN MINOR VARIATIONS FLOOR TO FLOOR.


~ ~ n E

4-WEST ELEVATION


n ~ ; ! ~ ~ ~ ~

~ ~ ~ g ~ ~ i ~ ~ ~ ~ ~ ~ ~ " ~ ~ ~ E ~ ~ ~ ; I ~ ~ i ! ~ " ~ ~

~ ;.

~ ;.

~ ~ i ~ ~ ~ H • 'i ~ ~ e ~ ~

25'



Cellar Floor Plan 385 First Avenue 07.07.16

23rd Street

'-'-'~'-'-'-'-'-'L-~-~--L-L-~-~--L-L-

Cl)

::s c Cl)

~ ...... (f)

:.~-::M-:;~1"~ I I 169,701 --1---,--. __ _J

I I I I

~~- !_ ~3~!_ ~38 _!_39.;:. ~ EW Building tora e 4 1050 SF

ALL DIMENSIONS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES • THE SQUARE FOOTAGE INDICATED EXCEEDS THE USABLE FLOOR AREA; IT INCLUDES COLUMNS , MECHANICAL PIPES, SHAFTWAYS, CONDUITS AND OTHER COMMON ELEMENTS. SQUARE FOOTAGES DETERMINED IN ACCORDANCE WITH THE OFFERING PLAN. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE WITH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENSIONS MAY CONTAIN MINOR VARIATIONS FLOOR TO FLOOR.


1st Floor Plan 385 First Avenue 07.07.16

23rd Street

---,

I I I

ALL DIMENSIONS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES . THE SQUARE FOOTAGE INDICATED EXCEEDS THE USABLE FLOOR AREA; IT INCLUDES COLUMNS , MECHANICAL PIPES, SHAFTWAYS, CONDUITS AND OTHER COMMON ELEMENTS. SQUARE FOOTAGES DETERMINED IN ACCORDANCE WITH THE OFFERING PLAN. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE WITH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENSIONS MAY CONTAIN MINOR VARIATIONS FLOOR TO FLOOR.


2nd Floor Plan 385 First Avenue 07.07.16

TENANT RECREATIONAL AREA OUTDOOR 1,641 SF

23rd Street



UNIT

28 385 First Avenue 07.07.16

TERRACE

I 16·10" x 9'2" I

BED

I 1s'9" x 10'9" I

I I

I I

FLOOR2 2 BEDROOM 2 BATH

1,231 SQ.FT. 192 SQ.FT. TERRACE (2ND FLOOR ONLY)

LR/DA I 13'9" x 20·1" I

r---..,

I I~ I DW I 0 I I L ___ _J

KITCHEN

I 7'11"X8'10" I

lnOl lQ_QJ

I I

SCALE:

2'

M. BED I 11·2" x 17'3" I

M. BATH

4'

I I

I I I I I I I I I I

@] ! I I r----------------4

I I I I I I

L ________________ l ___ _

8'

ALL DIMENSIONS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES. THE SQUARE FOOTAGE INDICATED EXCEEDS THE USABLE FLOOR AREA; IT INCLUDES COLUMNS, MECHANICAL PIPES, SHAFlWAYS, CONDUITS AND OTHER COMMON ELEMENTS. SQUARE FOOTAGES DETERMINED IN ACCORDANCE WITH THE OFFERING PLAN. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE WITH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENSIONS MAY CONTAIN MINOR VARIATIONS FLOOR TO FLOOR.


UNIT

20 385 First Avenue 07.07.16

BED

I 12·1 11 x10·11" I

*EXTERIOR WINDOW SILL IS NOT INCLUDED IN APARTMENT FLOOR AREA


653 SQ.FT.

*EXTERIOR WINDOW SILL

LR/DA

I 12·911 x 16'711 I

r---.,

I I~ I OW I 0 I I L ___ ..J

KITCHEN

I 7·s 11 x 1 0'711 I ~ l_QgJ

SCALE: 4•

2' 8'



UNIT

2E 385 First Avenue 07.07.16

I M. BED I 15'8" x 14'2" I

LR/DA I 20'9" x 14'2" I

~ bQJ



1,235 SQ.FT.

r---..,

~I I I OW I I I L ___ _J

KITCHEN

17'6" x 10·2" I

SCALE:

2'


4'

BED I 12'7" x 15·10" I

I I I

8'



UNIT

2F 385 First Avenue 07.07.16


720 SQ.FT.

BED

i 1019" x 15'0" I LR/DA

I 13'0" x 19'5" I

r----,

I I~ I OW I 0 I I L ___ .J

KITCHEN

17'5" x 10'1"1 IOO] l_Q_Qj

SCALE: 4•

2' 8'

ALL DIMENSIONS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES. THE SQUARE FOOTAGE INDICATED EXCEEDS THE USABLE FLOOR AREA; IT INCLUDES COLUMNS, MECHANICAL PIPES, SHAFlWAYS, CONDUITS AND OTHER COMMON ELEMENTS. SQUARE FOOTAGES DETERMINED IN ACCORDANCE WITH THE OFFERING PLAN. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE WITH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENSIONS MAY CONTAIN MINOR VARIATIONS FLOOR TO FLOOR.


UNIT

2G 385 First Avenue 07.07.16

~ ; ;


729 SQ.FT.

IB] 0

KITCHEN

I

180 SQ. FT. TERRACE {2ND FLOOR ONLY)

G ---, I LR/DA I

I I i 20·2" x 13'3" I L ___ ...J

BED

I 1o'7"x1..t·s" I

Ji

TERRACE

19'2" x 1s'7" I

SCALE: 4'

2'

I

8'

ALL DIMENSIONS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES. THE SQUARE FOOTAGE INDICATED EXCEEDS THE USABLE FLOOR AREA; IT INCLUDES COLUMNS, MECHANICAL PIPES, SHAFTWAYS, CONDUITS AND OTHER COMMON ELEMENTS. SQUARE FOOTAGES DETERMINED IN ACCORDANCE WITH THE OFFERING PLAN. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE WITH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENslONS MAY CONTAIN MINOR VARIATIONS FLOOR TO FLOOR.


UNIT

2H 385 First Avenue 07.07.16

TERRACE I 13·2" x 2a·11" I


703 SQ.FT. 380 SQ. FT. TERRACE (2ND FLOOR ONLY)

BED l10·1"x11·1"I

I I

LR/DA I 14'9" x 14'9" I

I I I 1----

j EJ I I I I I

I I

/

KITCHEN 19'2" X8'11"/

i--------~-===-~

I 1----

1

SCALE: ~--4'-' -~

2' 8'



3rd-6th Floor Plan 385 First Avenue 07.07.16

23rd Street

Q) ::i c Q)

> <( ...... (/)

SCAL~



Unit 3A-6A 385 First Avenue 07.07.16

~ ~

KITCHEN I 10'1" x 8'10"1

I 'l---i : DW :~ I I

FLOOR 3-6 1 BEDROOM 1 BATH

770 SQ.FT.

LR/DA I 17'1"X16'11"1

I I

BED 111·10" x 11·2° I

SCALE: 4'

2' 8'

ALL DIMENSIONS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES. THE SQUARE FOOTAGE INDICATED EXCEEDS THE USABLE FLOOR AREA; IT INCLUDES COLUMNS, MECHANICAL PIPES, SHAFTWAYS, CONDUITS AND OTHER COMMON ELEMENTS. SQUARE FOOTAGES DETERMINED IN ACCORDANCE 'MTH THE OFFERING PLAN. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE 'MTH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENSIONS MAY CONTAIN MINOR VARIATIONS FLOOR TO FLOOR.


BED I 15'311 x 10'8"1

Unit 38-68 385 First Avenue 07.07.16


1,190 SQ.FT.

LR/DA I 13'911 X20'1"1

:-:,-:~ I I

~- - - - ~

KITCHEN I 7'11"X8'10 11 I

loOl LQ_QJ

I I

M. BED I 11·1 11 x 17'3" I

.-----.. o-x3:1.-ll[,,> ,~------_____ 1

SCALE: 4'

2' 8'

I I I

ALL DIMENSIONS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES. THE SQUARE FOOTAGE INDICATED EXCEEDS THE USABLE FLOOR AREA; IT INCLUDES COLUMNS, MECHANICAL PIPES, SHAFTWAYS, CONDUITS AND OTHER COMMON ELEMENTS. SQUARE FOOTAGES DETERMINED IN ACCORDANCE WITH THE OFFERING PLAN. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN • ACCORDANCE WITH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENSIONS MAY CONTAIN MINOR VARIATIONS FLOOR TO FLOOR.

Gerner Kronick +Valcarcel, Architects, DPC


BED I 12·1 11 x 10·11" I

DI

D BATH,

0 8'0" x 5'7"

-~


LR/DA I 1219 11 x l 6'711 I

;------, I DWI~ I I : ____ ~

KITCHEN 17'8" x 1 o'7" I

lo;?l lQd

*EXTERIOR WINDOW SILL IS NOT ~ INCLUDED IN APARTMENT FLOOR AREA


653 SQ.FT.

SCALE: ___ 4:_' -~

2' 8'



Unit 3E-6E 385 First Avenue

07.07.16

LR/DA I 2a'9" x 14'3" I

M. BED I 15'7" x 14·2" I

I

\

'

I \

[001 lQQJ

~:----1 I ow I I I

KITCHEN i 1'6" x 1 0·2" I



1,235 SQ.FT.

SCALE:

2'


I I

I

BED i 12·1" x 15·10" I

4'

8'



Unit 3F-6F 385 First Avenue 07.07.16

BED I 101911 x 15'3"1


720 SQ.FT.

I

I I

I

LR/DA I 13·0" x 1s·11" I

~---,

: aw :IQl ~----~~

KITCHEN l7'5"X 10'1"1

SCALE:

2'

~ LQ2J

4'

8'



Unit 3G-5G 385 First Avenue 07.07.16

rool l22J

LR/DA J 13'3" x 1s'9" I

KITCHEN J 7'8" x 1 o'3" I


729 SQ.FT.

\ I I

BED J 14'8" x 10'7" I

SCALE: 4'

2' 8'

ALL DIMENSIONS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES. THE SQUARE FOOTAGE INDICATED EXCEEDS THE USABLE FLOOR AREA; IT INCLUDES COLUMNS, MECHANICAL PIPES, SHAFTWAYS, CONDUITS AND OTHER COMMON ELEMENTS. SQUARE FOOTAGES DETERMINED IN ACCORDANCE 'MTH THE OFFERING PLAN. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE 'MTH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENSIONS MAY CONTAIN MINOR VARIATIONS FLOOR TO FLOOR.


BED I 11 1l"X 13'3"1

LOT LINE WINDOW

Unit 3H-5H 385 First Avenue 07.07.16


748 SQ.FT.

I

I I

LR/DA I 15'7" x 15'6" I

EJ

SCALE: 4'

2' 8'



Unit 6H 385 First Avenue 07.07.16

BED

I I 11•1 11 x13'3" I

LOT LINE WINDOW


748 SQ.FT.

/ I

LR/DA I 15'7"X 15'6" I

LOT LINE WINDOW SCALE:

2'

\

'

4'

8'

ALL DIMENSIONS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES. THE SQUARE FOOTAGE INDICATED EXCEEDS THE USABLE FLOOR AREA; IT INCLUDES COLUMNS, MECHANICAL PIPES, SHAFTWAYS, CONDUITS AND OTHER COMMON ELEMENTS. SQUARE FOOTAGES DETERMINED IN ACCORDANCE \MTH THE OFFERING PLAN. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE \MTH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENSIONS MAY CONTAIN MINOR VARIATIONS FLOOR TO FLOOR.


Unit 6G 385 First Avenue 07.07.16

loOl ~

LR/DA ! 13'3" x 1 a'9" I

I I

r-t;I: DW :

L____.=__J I I

KITCHEN j 7'a" x 1 o'3" I


729 SQ.FT.

BED ! 14'8" x 10'7" I

LOT LINE WINDOW

SCALE: 4'

2' 8'

ALL DIMENSIONS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES. THE SQUARE FOOTAGE INDICATED EXCEEDS THE USABLE FLOOR AREA; IT INCLUDES COLUMNS, MECHANICAL PIPES, SHAFTWAYS, CONDUITS AND OTHER COMMON ELEMENTS. SQUARE FOOTAGES DETERMINED IN ACCORDANCE \MTH THE OFFERING PLAN. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES JN ACCORDANCE \MTH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENSIONS MAY CONTAIN MINOR VARIATIONS FLOOR TO FLOOR.


7th-12th & 14th Floor Plan 385 First Avenue 07.07.16

23rd Street



Unit 7A-12A &14A 385 First Avenue

07.07.16

KITCHEN I 1o'l" x 8'10"1

LR/DA I 17'1"X16'11"1

FLOOR 7-12 & 14 1 BEDROOM 1 BATH

770 SQ.FT.

I \

c:~-:1 H .. H

- - -J .

I I

BED I 11'10"Xl1'2"1 ~

SCALE: 4'

2' 8'

ALL DIMENSIONS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES. THE SQUARE FOOTAGE INDICATED EXCEEDS THE USABLE FLOOR AREA; IT INCLUDES COLUMNS, MECHANICAL PIPES, SHAFTWAYS. CONDUITS AND OTHER COMMON ELEMENTS. SQUARE FOOTAGES DETERMINED IN ACCORDANCE WITH THE OFFERING PLAN. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE WITH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENSIONS MAY CONTAIN MINOR VARIATIONS FLOOR TO FLOOR.


BED I 1s'3" x 1o·a" I

I

BATH\

Unit 78-128 &148 385 First Avenue 07.07.16

I I

'


l, 190 SQ.FT.

LR/DA I 13'911 x 20'1" I

~---1

: ow :IOI I I L_-=___J

KITCHEN I 7'11"X 8'10" I

EOl ~

~~1 '----"

G

I I

I /

M. BED I 11·1 11 x 17'3"1

SCALE: 4•

2' 8'

ALL DIMENSIONS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES. THE SQUARE FOOTAGE INDICATED EXCEEDS THE USABLE FLOOR AREA: IT INCLUDES COLUMNS, MECHANICAL PIPES, SHAFTWAYS, CONDUITS AND OTHER COMMON ELEMENTS. SQUARE FOOTAGES DETERMINED IN ACCORDANCE WITH THE OFFERING PLAN. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE WITH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENSIONS MAY CONTAIN MINOR VARIATIONS FLOOR TO FLOOR.


Unit 70-120 &140 385 First Avenue 07.07.16

BED I 12'l"X 10'11" I


LR/DA

i 12·9" x 16'7" I

KITCHEN 17'8" x 10'7"1

lo;?l LQgJ

*EXTERIOR WINDOW SILL IS NOT ~ INCLUDED IN APARTMENT FLOOR AREA


653 SQ.FT.

SCALE: 4•

2' 8'

ALL DIMENSIONS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES. THE SQUARE FOOTAGE INDICATED EXCEEDS THE USABLE FLOOR AREA; IT INCLUDES COLUMNS. MECHANICAL PIPES, SHAFTWAYS, CONDUITS AND OTHER COMMON ELEMENTS. SQUARE FOOTAGES DETERMINED IN ACCORDANCE WITH THE OFFERING PLAN. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE WITH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENSIONS MAY CONTAIN MINOR VARIATIONS FLOOR TO FLOOR.


LR/DA I 2s·9 .. x 14'3" I

M. BED

I 15'7" x 14·2" I

Unit 7E-12E & 14E 385 First Avenue 07.07.16

16:51 lQQJ

I I

ml: DW: L=---.J I I

KITCHEN

17'6"X10'2"1



1,235 SQ.FT.

SCALE:

2'


I I

BED

I 12'7" x 15·10" I

I

4'

I

' I

8'



Unit 7F-12F & 14F 385 First Avenue 07.07.16

BED I 101911 x 15'3"1

I I

I


720 SQ.FT.

LR/DA l13'0"X18'10"I

:----; IOl DW :~

- - __ J

KITCHEN

17'5" x 10'1"1

SCALE: 4•

2' 8'



LR/DA

I 13'3" x 18'9" I

~:----~ I OW I I I L_ - - _ J

~ /7'8"X10'3"/

lQQ_j KITCHEN

Unit 7G-12G &14G 385 First Avenue 07.07.16


729 SQ.FT.

/ 14'8" x 1 o'7" I M. BED

SCALE: A'

2'

LOT LINE WINDOW

LOT LINE WINDOW

8'



BED i 11·1" x 13'3" I

LR/DA I 15'7" x 15'6" I

Unit 7H-12H &14H 385 First Avenue 07.07.16

I L ___ .J


748 SQ.FT.

EJ

SCALE: 4•

2' 8'



15th Floor Plan 385 First Avenue 07.07.16

23rd Street

Cl) ::; i:: Cl)

~ ...... U)



I

Unit 15A 385 First Avenue 07.07.16

LR/DA I 16·11" x 17·1" I

BED I 11·1" x 11·11" I

FLOOR 15 2 BEDROOM 2 BATH

1, 137 SQ.FT.

M. BED

I 1o·a" x 1s'2" I

SCALE: 4•

2' 8'



M. BED I 12•9• x 17'8" I

Unit 15C 385 First Avenue 07.07.16

BED I 12·2·x 11°0" I

FLOOR 15 3 BEDROOM 2 1/2 BATH

1,874 SQ.FT. 718 SQ. FT. TERRACE (15TH FLOOR ONLY}

LR/DA

I 29'6" x 16'9" I

SCALE: 4 1

~~~~~~~--' ALL DIMENSIONS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES. THE SQUARE FOOTAGE INDICATED EXCEEDS THE USABLE FLOOR AREA: IT INCLUDES COLUMNS, MECHANICAL PIPES, SHAFrWAYS, CONDUITS AND OTHER COMMON ELEMENTS. SQUARE FOOTAGES DETERMINED IN ACCORDANCE WITH THE OFFERING PLAN. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE WITH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENSIONS MAY CONTAIN MINOR VARIATIONS FLOOR TO FLOOR.


Unit 15E 385 First Avenue 07.07.16

KITCHEN I 12·311 x 7·11 11 I

r------, -I i I j i i

'G~


797 SQ.FT. 128 SQ. FT. TERRACE (15TH FLOOR ONLY)

BED I 10·1o·x12·11 11 I

\

\ I

____ J _____________ J__ _______ _

1- - -- -1--- ____ ____[[_

---------------f-E TEJRACET _____ _

I 10•011 x 12'2111

-------' ---+-----------t I I I

I i ------------1--------r-----------t------------

I I I

l2s·11· x l 1'4111

SCALE: 4•

2' 8'



Unit 15F 385 First Avenue 07.07.16


443 SQ.FT.

KITCHEN 1a'lO"X6'2"1

LR/DA

I 1s·1· x 11·11·1

SCALE: 4•

2' 8'

ALL DIMENSIONS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES. THE SQUARE FOOTAGE INDICATED EXCEEDS THE USABLE FLOOR AREA; IT INCLUDES COLUMNS, MECHANICAL PIPES, SHAFlWAYS, CONDUITS AND OTHER COMMON ELEMENTS. SQUARE FOOTAGES DETERMINED IN ACCORDANCE WITH THE OFFERING PLAN. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE WITH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENSIONS MAY CONTAIN MINOR VARIATIONS FLOOR TO FLOOR. '


Unit 15G 385 First Avenue 07.07.16


727 SQ.FT.

BED I 1017" x 14'9"1

LR/DA J 18'7" x 13'2"1

SCALE: 41

2' 8' ALL DIMENSIONS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES. THE SQUARE FOOTAGE INDICATED EXCEEDS THE USABLE FLOOR AREA; IT INCLUDES COLUMNS, MECHANICAL PIPES, SHAFTWAYS, CONDUITS AND OTHER COMMON ELEMENTS. SQUARE FOOTAGES DETERMINED IN ACCORDANCE WITH THE OFFERING PLAN. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE WITH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENSIONS MAY CONTAIN MINOR VARIATIONS FLOOR TO FLOOR.


Unit 15H 385 First Avenue 07.07.16

I BED

I ll'O"X 13'5" I


736 SQ.FT.

I I

LR/DA I 1610" x 14'7" I

I I I L---

! EJ f----

\ \

KITCHEN i s·11· x 9•10"1

SCALE: 4•

2' 8' ALL DIMENSIONS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES. THE SQUARE FOOTAGE INDICATED EXCEEDS THE USABLE FLOOR AREA; IT INCLUDES COLUMNS, MECHANICAL PIPES, SHAF1WAYS, CONDUITS AND OTHER COMMON ELEMENTS. SQUARE FOOTAGES DETERMINED IN ACCORDANCE WITH THE OFFERING PLAN. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE WITH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENSIONS MAY CONTAIN MINOR VARIATIONS FLOOR TO FLOOR.


16th-18th Floor Plan 385 First Avenue 07.07.16

23rd Street

SCALF-=-1

<IJ :::l c <IJ

~ .µ en



LR/DA I 16·11· x 11·1" I

BED

I 11·1" x 11·11" I



1, 137 SQ.FT.

M. BED

I 1o·a" x 1s·2" I

SCALE: 4'

2' 8'




8'10" x 9'3"


815 SQ.FT.

r----, I I I 5 I I I L ___ _J

LR/DA I 20·1" x 13'9" I

I

BED I I 1s·2" x 11'1" I

SCALE: 4•

2' 8'




LR/DA

I 12•1• x 23'6"1

OO KITCHEN

0°

0 l1·11·x10·1"I


1,116 SQ.FT.

SCALE: 4•

c:;.:::r=====lL~~~~~__J



r---, I I

i';

KITCHEN IJ 112'3" x 7'11" I u ~ ~

Unit 16E-18E FLOOR 16-18 1 BEDROOM 1 BATH


743 SQ.FT.

' \

BED 110110" x 12'11"1

I I

I

LR/DA 125'11" x 11'4" I

SCALE: A'

2' 8'



Unit 16F-18F 385 First Avenue 07.07.16

\ \ I


443 SQ.FT.

KITCHEN I s·10" x 6'2" I

LR/DA I 15'1" x 11'11"1

SCALE: 4'

2' 8'



Unit 16G-18G 385 First Avenue 07.07.16

[~] r---~----

BED

LR/DA

i 1s'7" x 15'3"1

i 10'7" x 14'9" I


727 SQ.FT.

__ r--------n I~! L----, I B ' D l I ------· J,. rJL L_---~~-----J ·: "---! E 1

SCALE: 4•



LOT LINE WINDOW

Unit 16H-18H 385 First Avenue 07.07.16

BED

I 11 10"X 13'5"1

I

I I

LR/DA I 16'0" x 14'7" I


736 SQ.FT.

I I 15 I L __ _

jEJ I I I I I r--------..__~===~--'

I

SCALE: 4'



19th Floor Plan 385 First Avenue 07.07.16

23rd Street

11111111111111111111

SCAL~



Unit 19A 385 First Avenue 07.07.16

111111111


1,981 SQ.FT.

M. BED !14•9•x11•••!

1,265 SQ.FT. TERRACE (19TH FLOOR ONLY)

I LR/DA

!JS'l'X16'6'!

11111111

2' B'




FLOOR 19 3 BEDROOM 2.5 BATH

1,595 SQ.FT. 1,207 SQ.FT. TERRACE (19TH FLOOR ONLY)

M.BED ! 13·9~ x i2·r I

LOTLINE WINDOW

2' 8'

ALL DIMENSIONS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES. THE SQUARE FOOTAGE INDICATED EXCEEDS THE USABLE FLOOR AREA; IT INCLUDES COLUMNS, MECHANICAL PIPES, SHAF1WAYS, CONDUITS AND OTHER COMMON ELEMENTS. SQUARE FOOTAGES DETERMINED IN ACCORDANCE WITH THE OFFERING PLAN. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE WITH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENSIONS MAY CONTAIN MINOR VARIATIONS FLOOR TO FLOOR.


20th-21st Floor Plan 385 First Avenue 07.07.16

SCAL~

y.



I BED

I 11 1311 x12'5"1

I I

__ ::::}~~'·{::::~:: __ =:==icj


FLOOR20-21 2 BEDROOM 2 BATH

984 SQ.FT.

I_

LR/DA

I 161711 x 13'3" I

I

M. BED

114'9" x 11'6"1 I

SCALE: 4'

2' 8'



LR/DA i u·11" x 13'7" I

KITCHEN 18'4" x 8'10" I

IOOl LQ_QJ

Unit 208-21 B 385 First Avenue 07.07.16

FLOOR20-21 2 BEDROOM 2 BATH

998 SQ.FT.

BED I 12'8" x 10·11" I

/ I

M. BED

I 14'7" x 14'5" I

I @]

SCALE: 4'

2' 8'




BED

I 10·4· x 10'9"1

FLOOR20 3 BEDROOM 2.5 BATH

1,595 SQ.FT.

BED

~ I

M. BED

I 12•9•x 12'7"1

SCALE: 4•

~~~~~~~~

LOTLINE WINDOW

LOTLINE WINDOW



Unit 21 C 385 First Avenue 07.07.16

BED I 10•4• x 10'9"1


1,555 SQ.FT.

BED I 12·a·x 12•11• I I

M. BED / 12'9"X 12'7"1

SCALE: A'

~~~~---..-~~~

LOTLINE WINDOW

LOTLINE WINDOW

LOTLINE WINDOW

LOTLINE WINDOW



EXHIBIT "C"

SCHEDULE B-1- UPDATED ENERGY COSTS BUDGET

Magnum Real Estate Group

594 Broadway, Suite 1010

New York, NY 10012

Attn: Josh Krat, VP

RE: East 23rd Street & 1st Avenue

Attorney General Report/Schedule B-1

Individual Electric cost Estimates

Gentlemen:

In accordance with your request, we list below the estimate of annual energy costs for lighting, seasonal heating (Fan operation), Air Conditioning and for operating the typical electrical appliances located in a number of typical apartments units.

The estimated KWHR per year per square foot and annual cost of electricity per square foot utilized by individual apartments are $13.05 KWHR/Square foot/Year and $3.78 per square foot, based on Con Ed rate of $0.23 per KWHR and delivery rate of $0.06 per KWHR. The following table lists Annual Cost of Electricity for Typical Apartments.

TYPE APT/ SQUARE FOOT KWHR/SF TOTAL ANNUAL $/KWHR TOTAL ANNUAL

BEDROOM KWHR COST

1 BR 675 13.05 8809 0.29 $ 1 BR 703 13.05 9174 0.29 $ 1 BR 720 13.05 9396 0.29 $ 1 BR 729 13.05 9513 0.29 $ 1 BR 733 13.05 9566 0.29 $ 1 BR 748 13.05 9761 0.29 $ 1 BR 770 13.05 10049 0.29 $ 1 BR 815 13.05 10636 0.29 $ 2 BR 984 13.05 12841 0.29 $ 2 BR 998 13.05 13024 0.29 $ 2 BR 1085 13.05 14159 0.29 $ 2 BR 1104 13.05 14407 0.29 $ 2 BR 1116 13.05 14564 0.29 $

CFS Engineering, D.P.C. 228 East 45th Street 5th Floor New York, NY 10017 www.cfseng.com 212.812.6161

2,555

2,661

2,725

2,759

2,774

2,831

2,914

3,084

3,724

3,777

4,106

4,178

4,224

2 BR 1137 13.05 14838 0.29 $ 2 BR 1176 13.05 15347 0.29 $ 2 BR 1190 13.05 15530 0.29 $ 2 BR 1230 13.05 16052 0.29 $ 2 BR 1231 13.05 16065 0.29 $ 2 BR 1235 13.05 16117 0.29 $ 2 BR 1240 13.05 16182 0.29 $ 3 BR 1493 13.05 19484 0.29 $ 3 BR 1595 13.05 20815 0.29 $ 3 BR 1874 13.05 24456 0.29 $ 3 BR 1981 13.05 25852 0.29 $

The projected rates are not guaranteed and must be expected that these rates will increase with the passage of time and may be affected by many factors which are beyond the control of the Sponsor. Purchasers must be aware that the projections are only estimates and actual consumption will be direct metered by Con Edison and will vary based on the personal needs of occupants, weather and market rate conditions.

CFS Engineering, D.P.C. 228 East 45th Street 5th Floor New York, NY 10017 www.cfseng.com 212.812.6161

4,303

4,451

4,504

4,655

4,659

4,674

4,693

5,650

6,036

7,092

7,497

EXHIBIT "D"

ADDENDUM TO THE DESCRIPTION OF PROPERTY AND BUILDING CONDITION

3 85 First Avenue

New York, NY 10010

Addendum to the Architect's Report prepared by Gerner Kronick +Valcarcel, Architects, DPC dated July 7, 2016

B. Status of construction.

(5) (v) Post Approval Amendment is being filed with DOB to reflect

current revisions noted as part of this Addendum. The updated Floor Plans set forth in

the Third Amendment to the Plan conform to the DOB Schedule A.

(vi) The anticipated date of commencement of the proposed changes:

08/01/2016. The anticipated completion date of the proposed changes: 03/01/2017.

Y. Residential Unit Information.

There were originally 13 8 Residential Units in the Building. As a result of certain Residential Unit combinations, the Building will now contain 118 Residential Units.

The Residential Unit count, fixtures and finishes are described below.

1. Chart of Proposed Residential Unit Combinations

Floor Proposed Units Per Floor

Existing Residential Units Proposed Combined Combined Residential Units Residential Units Number

2nd B,C,D,E,F & G B,D,E,F,G & H B+C=B 1 3ro-to

A,B,C,D,E,F,G & H A,B,D,E,F,G & H B+C=B 4 6th

7th to 12th &

A,B,C,D,E,F,G & H A,B,D,E,F,G & H B+C=B 7 14th

15th A,B,C,D,E,F,G & H A,C,E,F,G & H A+B=A 1 B+C+D=C 1

16th_ A,B,C,D,E,F,G & H A,B,D,E,F,G & H A+B=A 3

to B+C=B 3 18th

19th A,B,C&D A&C A+B=A 1 C+D=C 1

20th-A,B,C&D A,B&C C+D=C 1 to 21th

1

1. Residential Unit Chart:

Res. 3BR 3BR 3BR 2BR lBR OBR

Floor Unit 3Bath 2.5 Bath 2Bath 2.0 Bath 1.0 Bath 1.0 Bath

B 1

D 1

2nd E 1

F 1

G 1

H 1

A 1

3rd_to B 1

6th D 1

E 1

F 1 3rd_to

6th G 1

H 1

A 1

B 1

7th to D 1 12th&

14th E 1

F 1

G 1

H 1

15th A 1

2

c 1

E 1

F 1

G 1

H 1

A 1

B 1

D 1 16th_to

E 1 18th

F 1

G 1

H 1

A 1 19th

c 1

A 1

20th B 1

c 1

A 1

21th B 1

c 1

3

1. Approximate Residential Unit heights:

Floors Floor to Floor

Clear Height from Finished Clear Height from Finished Floor

Floor to Underside of Slab to Underside of Dropped Ceiling

1st to 2nd: 14'-2" 13'-3" 11 '-0"

2na to 12th, and

9' -0" 8 '-3" 7'-6" 12th to 14th:

14rn to 15rn: 1 O' -6" 9' -9" 8'-0"*

15th to 18th: 9' -0" 8'-3" 7' -6"

18th to 19th: 1 O' -6" 9' -9" 8' -0"

19m to 21 si:: 9'-0" 8'-3" 7'-6"

21 SL to Roof: 1 O' -6" 9' -9" 8'-2"**

*Clear Height from Top of Finished Floor to Underside of Dropped Ceiling Above is generally+/- 8'-0" except at Residential Units 14G, 14H which have Clear Height from Top ofFinished Floor to Underside of Dropped Ceiling Above at+/- 8'-6".

**Clear Height from Top of Finished Floor to Underside of Dropped Ceiling Above is generally+/- 8'-2" except at Residential Unit 21C which have Clear Height from Top of Finished Floor to Underside of Dropped Ceiling Above at+/- 9'-0".

4

Rest of Page intentionally left blank.

General Note:

In accordance with the terms of the Offering Plan, the Sponsor reserves the right to make any substitutions of equipment, materials, finishes or fixtures as stated herein, provided that the changes are substantially equal or better quality as recognized by industry standards of performance, efficiency, longevity and other classifications as applicable.

The foregoing constitutes a true, correct and complete Description of Property prepared by our firm for 385 First Avenue located at East 23rd Street and First Avenue, New York, NY 10010.

As to Architectural only, Gerner Kronick + Valcarcel, Architects, DPC

EXHIBIT "E"

UPDATED CERTIFICATION OF ARCHITECT

PART 23: CERTIFICATION OF ENGINEER OR ARCHITECT

New York State Department of Law Real Estate Finance Bureau 120 Broadway, 23rd Floor NewYork,NewYork 10271

Re: Condominium Offering Plan 385 First Avenue Condominium 385 First Avenue New York, New York 10010

Dear Sir/Madam:

Dated: 07/0712016

The sponsor of the offering plan to convert the captioned Property to condominium ownership retained our firm to prepare a report disclosing the condition of the property (the "Report"). We visually inspected the Property on September 24, 2014 and prepared the Report dated September 2, 2015, a copy of which is incorporated into the offering plan. We are supplementing the Report in an Addendum dated July 7, 2016 ("Addendum"), a copy of which is intended to be incorporated into an amendment to the offering plan so that prospective purchasers may rely on the Report and this Addendum.

We understand that we are responsible for complying with Article 23-A of the General Business Law and the regulations promulgated by the Department of Law in Part 23 insofar as they are applicable to this Report and Addendum.

We have read the entire Report and Addendum and investigated the facts set forth in the Report and Addendum and the facts underlying it and conducted the visual inspection referred to above with due diligence in order to form a basis for this certification. We certify that the Report and Addendum and all documents prepared by us disclose all the material facts which were then discernable from a visual inspection of the Property. This certification is made for the benefit of all persons to whom this offer is made.

We certify that the Report and Addendum:

(i) sets forth in narrative form the physical condition of the entire property and is current and accurate as of the date of inspection;

(ii) in my/our professional opinion affords potential investors, purchasers and participants an adequate basis upon which to found their judgment concerning the physical condition of the Property;

(iii) does not omit any material fact;

(iv) does not contain any untrue statement of a material fact;

(v) does not contain any fraud, deception, concealment or suppression;

(vi) does not contain any promise or representation as to the future which is beyond reasonable expectation or unwarranted by existing circumstances; and

(vii) does not contain any representation or statement which is false, where we:

(a) knew the truth;

(b) with reasonable effort could have known the truth;

( c) made no reasonable effort to ascertain the truth; or

( d) did not have knowledge concerning the representation or statement made.

(vii) It is to be understood that all aspects of the physical condition of the Property cannot be determined by a visual inspection and that all statements contained in this certification are premised on and limited to such visual inspection.

We further certify that we are not owned or controlled by and have no beneficial interest in the sponsor and that our compensation for preparing this Report and Addendum are not contingent on the success of the Offering plan or on the profitability or price of the offering. This statement is not intended as a guarantee or warranty of the physical condition of the Property.

ELIZABETH MARUGGIO Notary Public, State of New York

No. 01 MA4853432 Qualified in New~~ C ;;;;

Commission Expires ., -1 ................ _,.,..,.

GERNER KRONICK + VALCARCEL, ARCHITECTS, P.C.

Name: Joseph M. Barbagallo Title: Principal

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