Decidedly average to below average
Pros
Good location, landlord's office is on same street.
Cons
Pretty shoddy work - repairs are visibly cheap and the building is old. The landlord's nephew lives in the building and is technically the super, but he's very incompetent and not very responsive. Can't emphasize enough - the management of the building is just very cheap.
Advice to the owners
Spend more time inspecting work of the contractors you hire, and hire a professional super who is diligent about the job. Take more pride in the building.
Avoid if you can
Pros
The neighbors are amazing Street is clean and quiet Location is perfect: close to restaurants, park, and subway
Cons
Management is poor at responding Issues are poorly managed (pests are persistent, gas was shut off for 2 months with no help from management, etc)
Advice to the owners
Value your tenants