Pros:
Large, spacious apartment layouts, garage is available below the building. Also there are currently two internet service providers so there is more potential for a good deal on internet service. Neighbors are mostly quiet. I was given fresh appliances when I moved in. Winter heat is mostly reliable via steam radiators.
Cons:
This building is barely managed at all. It seems the super, who lives across the street, manages most issues, and management is not in the 21st century yet so they do not update tenants via email on anything going on in the building (ie repairs). If you run into an issue you will need to call the super or management. Note that the building across the street, is owned by the same company and is where the super lives, and it is much better maintained. It is brighter and actually kept clean. Management doesn't pay to have a separate super in this building and it shows.
I'll begin with the cleanliness - I have only seen the hallways cleaned ONCE this year (it is now summer). The 'lobby' and elevator are also consistently FILTHY, never mopped or wiped down. I have never encountered such an unclean building. In addition, there is an apartment right near the entrance where the tenants have a strong odor emanating from their apartment, which is an awful way to enter the building where you live. Hallways also have horrible lighting, which combined with the dark hue of paint the hallways are painted in, makes for a grim environment. Landscaping outside is surprisingly cut on a regular basis but the 'grass' is mostly a collection of weeds.
Garbage management is also bad (Surprise, Surprise). Everything is collected in the basement, but someone only comes to deal with it every few days, so the garbage quickly piles up and the odors get very strong. There are also rodents by the trash. I have found mice in my apartment, the building also has roaches.
Kitchen layout is bizarre with bottom tier appliances, there is no ventilation fan installed with the stove so kitchens are poorly ventilated.
Consistent issues with hot water in this building, during the winter there were periods where the water was completely off and no communication of any kind was provided or posted in the building. Right now I typically don't have hot water at least one day a month, and no communication from management on why this happens so frequently.
Electrical in apartments is ancient, so there are not enough outlets, especially in the kitchen, and the breaker will trip easily.
No way to pay rent online other than having your bank send a check.
My move-in experience was not stellar, either. The broker was fine, but the apartments are handed over to you 'as-is' and in my case that was in filthy condition. The floors were freshly finished, as well as the bathroom tub re-lacquered, but the kitchen required a 3-day deep cleaning that included removing the leftovers of a severe roach infestation. I had to assemble the kitchen appliances myself. Some neighbors are nice, but a few are pretty dirty, for example someone was just throwing food on the floor of the compactor room for weeks, until another neighbor got annoyed and wrote a sign asking them to stop. There is another neighbor who uses random items for window shades, such as pizza boxes and dirty fragments of foam, which you can see at the street level, very visibly unpleasing.
Although this apartment building might seem like a good deal due to lower than average rents for the area, I would highly recommend avoiding and looking for a building thats a little bit better maintained, rather than saving a couple hundred bucks on rent and going with this building.
Advice to owner:
I understand with rent regulations there is only so much you will do but maybe invest just a little bit to avoid fines/DOB complaints? Perhaps get a super for this building rather than being stingy and overworking your one super for multiple buildings. Getting tenants email to have a mailing list for maintenance updates might be nice.