If you want to slum it, this building is for you!
Pros
Convenient to subway, bus, & highway. Solid construction (c.1903). Quiet building. Shaded residential street. Close to variety of restaurants on Broadway. Large apartments.
Cons
Filthy public areas. Poor maintenance of public areas. Unorganized package delivery area. Ineffective management.
Advice to the owners
Act like an owner who cares about the building, not like a slumlord. Hire a truly professional management company (not just a rent-collecting bookkeeper) that shows initiative to identify building's needs, give orders to staff, & takes responsibity to follow through & verify task completion. Hire a real super/janitor to clean & maintain the building, not a handyman looking to make money on extra work. Create an organized, convenient package delivery area.