Undermarket rents with caveats
Pros
To have rent this low for the neighborhood is fantastic. The block is quiet, you're half a block to Riverside Park, it always felt safe, and it's only a few minutes to walk to the express station.
Cons
There is no rush to upgrade the property nor will there be. That isn't necessarily bad, but if you live here you should expect to get what you pay for.
Advice to the owners
No advice to the property owner.