EFTA01307753

File No. F907005.1 APPRAISAL REPORTS, INC. **** ***** INVOICE ***"**** File Number: APPRAISAL REPORTS. INC. Federal Bureau of Investigation 26 Federal Plaza New York, NY 10278 Invoice # : Order Date : PO Number : 9 East 71st Street New York, NY 10021 7/1412019 Complex Appraisal Fee Amount $ 3.244.97 Invoice Total Amount Due Terms: Payment due upon receipt. Please Make Check Payable To: Appraisal Reports. Inc. PO Box 187 West Islip. NY 11795 Fed. I.D. #: We Value Your Business 3.244.97 $ 3.244.97 PO Box 187. West Islip. NY 11795 631-321-5962 SONY_GM_00328175 EFTA_00200927 EFTA01307753 APPRAISAL OF Rs No. F907005.1 APPRAISAL REPORTS. INC. A SINGLE FAMILY RESIDENTIAL PROPERTY LOCATED AT: 9 East 71st Street New York, NY 10021 CLIENT: Federal Bureau of Investigation 26 Federal Plaza New York, NY, 10278 AS OF: July 13. 2019 BY: Gary D. Lane #45.000049094 NYS Certified Resid RE Appraiser SONY_GM_00328176 EFTA_00200928 EFTA01307754 File No. F907005.1 APPRAISAL REPORTS, INC. July 15. 2019 APPRAISAL REPORTS. INC. IIIII•Jof Investigation 26 Federal Plaza New York, NY 10278 File Number: Attention In accordance with your request. I have appraised the real property at: 9 East 71st Street New York. NY 10021 The purpose of this appraisal is to develop an opinion of the defined value of the subject property. as improved. The property rights appraised are the fee simple interest in the site and improvements. In my opinion, the defined value of the property as of July 13, 2019 is: 86.250.000 Eighty-Six Million Two Hundred Fifty Thousand Dollars The attached report contains the description, analysis and supportive data for the conclusions, final opinion of value. descriptive photographs, assignment conditions and appropriate certifications. Respectfully Submitted, ahe-- Gary D. Lane #45- 000049094 NYS Certified Resid RE Appraiser Field Appraiser SONY_GM_00328177 EFTA 00200929 EFTA01307755 APPRAISAL REPORTS. INC. Restricted Use Residential Appraisal Report File No. F907005.1 This report is limited to the sole end exclusive use of the client. The appraisers opinion and conduflons see IOrlh in this report may not be understood properly without *tailcoat Information In theappraiser's wagtail°. The purpose of this appraisal report Is to proved., the client with a credible opinion of the defined value of the subect ro en . elven the intended use of the appraisal. 7 Client Name or Typaintendad User Federal Bureau of Investigation &mai Stale Client Address 26 Federal Plaza op, New York NY Zp 10278 ' Intended Use Estimate of Market Value P Address 9 East 71st Street C New Vert( Slate NY • 10021 Other Descripten (APN. Legal. etc.). il appfwNe SeCtiOn: 1 ; Block: 1386; Lot: 10 Property Rights Appraised X Fee &role n Leasehold Maher (detain) Maple Inc. Subject propearefing2Lse: Single-Family Masonry (A5) Use re:lected n appraisal. Pi/research H did IXIdd not reveal any prior sales or transfers of the subject properly for the three years prior lo the effective dale of this appraisal Pr Sa Transfer: Dale 12/23/2011 Price 10 Source(s) ACRIS 7/14/2019 Is Analysis of pier sale transit. history of the subject properly (and comparable sales. it applicable) (1) 12/23/2011 Deed Nine East 71st Street Corp. Subject Sales History: Maple, Inc. 0 (2) 9/6/1989 Deed Birch Wathen School, Inc. Nine East 71st Street Corp. 0 (3) 9/28/1988 Satisfaction of Mortgage Birch Wathen School. Inc. St. Clare's Hospital 0 - 4 1/14/1983 Agreement Manufacturers Hanover Tr. Co. Birch Wathen School, Inc. Olferegs. options andcontracts not the &Waite date of the appraisal None. Madetablity Comments: a limited number available The general market conditions in this neighborhood are stable. Demand for luxury single-family units is high due to for sale. There are generally no loan discounts, interest buydowns, or sales or financing concessions being given in this market. Site Comments: Utilities and off-site improvements are typical for the market area. There are no adverse site factors or external conditions (easements encroachments, or environmental conditions). • Irtproyernent Comments: from the exterior only, The subject property is of very good quality, with a unique mix of design and appeal. The subject was inspected but is believed to provide extraordinary amenities for single-families in this price range. FEATURE I SUBJECT COMPARABLE SALE NO. I COMPARABLE SALE NO.2 COMPARABLE SALE NO.3 9 East 71st Street Address New York. NY 14 East 67th Street New York, NY 0065 110 East 76th Street New York. NY 10021 16 East 69th Street New York, NY 10021 Proximitylo Subject 0.23 miles SW 0.28 miles NE 0.13 miles SW Sala Price $ m $ 77,100,000 S 40.250,000 S 39,000,000 Sala PnceOces Lisr. Area S 0.00 sq.b. s 5 414.33 mot $3.356.68 act. $ 4 025.60 sq.tl. Data Sonets) GeoData Plus GeoData Plus GeoData Plus Verification Source(s) StreetEasy.com/ Exterior View StreetEasy.com / Exterior View StreetEasy.com / Exterior View VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION aWdraluel DESCRIPTION on tadumam DESCRIPTION di Saduswam Sala or Financing Concessions None None None Date of Salenime 6/4/2019 8/16/2018 3/14/2018 Locabon Urban Urban Urban Urban Leaseholdfee Simple Fee Simple Fee Simple Fee Simple Fee Simple Site Wide/5108 sq. ft. Wide/4820 sq ft +28,800 Level/3678 sq ft +393,000 Level/3314 sq ft +429,400 View City City City City Design (State) 1-Fam Attached 1-Fam Attached 1-Fam Attached 1-Fam Attached O4314 of COnStrUCtiCel Limestone/Good Limestone/Good Limestone/Good Brick/Good • 'dual Age 109 +/- Years 114+/- Years 7 +/- Years 99 +/-Years • Condition Ve Good Ve Good New Construct -500,000 Ve Good Above Grade ROOM Count . Gross Living Ahaa2 000 Total Scars Bala Total arm Belo Teti Bdmr Bars MS MCI Brits 40 U UNK 14 7 7 +100,000 16 8 10.4 +80.000 16 7 11 +100 000 18,814 aft 14.240 sq.fL 9 148 000 11.991 sq ft. 13 646 000 9,688 sq. B. 18 252,000 Basement & Finished . Rooms Below Grade Full Basement Full Finished Full Basement Full Finished Full Basement Full Finished Full Basement Full Finished Functional U ' 1-Fam/Good 1-Farn/Good 1-Fam/Good 1-Fam/Good • Heatingtooling HW/Radiant/Cent HW/Radiant/Cenl HW/Radiant(Cen: HW/Radiant/Cen: Energy Efficient hems Insul Windows Insul Windows Instil Windows Insul Windows GaragaCarport None None None None Porchfalio:Deck Patio Balcony Patio Balcony Net AdjustmeM (Total) al n• $ 9,276,800 W. • S 13,619,000 W. • S 18,781,400 S 57,781,400 Adjisted Sale Rice of Comparables Nel Adj. 12.0% Gross Adj. 12.0% $ 86,376.800 Net Ai. 33.8% Gross Adj. 36.3% S 53,869,000 Net Adj. 48.2% Gross AM. 48.2% sunny/or Sales Comparison Approach The subject's comparability to other one-family townhouses in the area is good; the subject is similar to the comparable sales in most elements of comparison. Comparable sales #1 #3, and Listing #1 are from the subject neighborhood of Lenox Hill. Comparable sale #2 is from the adjoining Upper East Side. Listing #2 is from the West Village. GLA was adjusted (::0 000 ft.- Site differentials a 100 r . tt us remium for wide frontal e g gen Pg rpurpOne epp-anal report hoficcd in AO ICII•IM eX113O7Ther amtban Page 1 cis as bn rmrpea tiCatOlOACICenscn d talon &ems Mraderftetros WW1 General Pupate Arpraul Repot 04200 GeSAPESP0M I it 44 SONY_GM_00328178 EFTA_00200930 EFTA01307756 APPRAISAL REPORTS. INC. Restricted Use Residential Appraisal Report Fle No. F907005.1 Approaches to value developed: [X-I Sales Comparison Approach I j Cost Approach j )Income Approach Reasons fa excluding an approach to value: The appraiser has relied on the Sales Comparison approach as it is the best method to estimate the value of a one-family townhouse from the exterior only. the Cost and Income approaches are not applicable. • • Recorchation comments: The final value conclusion is not bracketed as to actual sales prices due to the superior size and premium lot frontage of the subject_pro_perty. The subject was inspected from the exterior only. Based on the scope of work, assumptions, limiting conditions and appraiser's certification, my (our) opinion of the defined value of the real property that is the subject of this report as of July 13. 2019 . which is the effective date of this appraisal, is: El Single point 6 86,250,000 U Range $ to $ NI Greater than lij Less than 5 • LL ccrl Appraisers Certification The appraisers) certifies that. to the best of the appraiser's knowledge and belief: 1. The statements of fact contained in this report are true and correct. 2. The reported analyses. ophions. and conclusions are fruited only by the reported assumptions and limiting conditions and are the appraisers personal impartial. and unbiased professional analyses. ophions. and conclusions. 3. Unless othenese stated. the appraSer has no present or prospective Merest in the properly that is the subject of this report and has no personal interest with respect to the parties involved. 4. The appraiser has no bias with respect to the properly that is the subject of this repot or to the parties invohred with this assignment. 5. The appraiser's engagement e this assignment was not contingent upon devebpeg or reporting predetermined results. 6. The appraisers compensation for compieling this assignment is not conegent upon thedevelopment or reporting of a predetermined value or direction in value that lavers the cause of the den. the amount of the value opinion. the attainment of a stipulated result. or the occirrence of a subsequent event drectly related to the intended use of *isappraisal. 7. The appraisers analyses. opinions. and conclusions were developed. and this report has been prepared. in conformity with the Uriform Standards of Professional Appraisal Practice. 8. Unless otherwise noted. the appraiser has made a personal inspection of the property that is the pitied of this report. 9. Unless noted, no one provided significant real property appraisal assistance to the appraiser signing this ceniicati3n. Signircant real property appraisal assistance provided by: N/A Additional Certifications: This appraisal is based on the extraordinary assumption that the interior of the property is the same as described in this report. The client ordered an exterior viewing only. The appraiser has gathered information about the subject property by limited visual exterior inspection, available public records, and assumes that the interior is typical to other competing properties. Use of this report indicates that the user will not hold the appraiser or the appraisal firm responsible for any damages associated with this type of r Ni ieri method and that the use of the aforementioned extraordinary assumption(s) may have an effect on the assignment results. Definition el Value: OMANI value 0 Other value: Source of Deinilite: Appraisal Institute The most probable price, as of a specified date, in cash, or in terms equivalent to cash, or in other precisely revealed terms, for which the specified property rights should sell after reasonable exposure in a competitive market under all conditions requisite to a fair sale. with the buyer and seller each acting prudently, knowledgeably, and for self interest, assuming that neither is under undue duress. APPRAISER CO,APPRAISER Signalise: Signature: Name: Ga Lane Name: Stale Certification II Stale Certification X or License II or license 6 or Other (describe): Stale il: Stale: Stale: New York Expiration Date of Certification or License: Expiration Date of Certification or License: 04/06/2020 Dale of Signalise: Date of Signalise and Report: 7/14/2019 Dale of Properly Viewing: Date of Property Viewing: 7/13/2019 Degree of property viewing: Degree of property viewing: 0 Interior and Exterior 0 Edwin Only 0 Oki not personally view 0 Interior and Exterior al Edwin Only 0 Did not personaty view PnattivnAClootre.1)Mtrownecattawn Ne2of 3 Panirkgrott021:05.2010000swdiSOCksrekrmestc. Alfilnktene OPARrviGartril PapsekassillUvorl 0•2007 GPAWZ0SI121“ SONY_GM_00328179 EFTA_0020093 I EFTA01307757 Fie Kki. F907005.1 Scope of Work, Assumptions and Limiting Conditions Scope of work is defined in the Uniform Standards of Professional Appraisal Practice as the type and extent of research and analyses in an assignment" In short scope of work is what the appraiser ad and did not do during the course of the assignment. II includes. but is not limited to: the extent to which the property is identified and inspected the type and extent of data researched, the type and extent of analyses applied to arrive at opinions or conclusions. The scope of this appraisal and ensuing discussion in this report are specific to the needs of the client, other identified intended users and to the intended use of the report. This report was prepared for the sole and exclusive use of the client and other identified intended users for the identified intended use and its use by any other parties is prohibited. The appraiser is not responsible for unauthorized use of the report. The appraiser's certification appearing in this appraisal report is subject to the following conditions and to such other specific conditions as ate set forth by the appraiser in the report. AN extraordinary assumptions and hypothetical conditions are stated in the report and might have affected the assignment results. 1. The appraiser assumes no responsibility for matters of a legal nature affecting the property appraised or title thereto, nor does the appraiser render any opnion as to the title. which is assigned to be good andmarketable. The property is appraised as though under responslole ownershP. 2. Any sketch in this report may show approximate dinensions and is inducted only to assist the reader n visualizing the property. The appraiser has made no survey of the property. 3. The appraisers not rewired to give testimony or appear in court because of having made the appraisal with reference to the properly in question. unless arrangements have been previously made thereto. 4. Neither all. nor any pan of the content of this report. copy or other meda thereof (including conclusions as to the properly value. the identity of the appraiser. prof essional designations. or the firm wkh which the appraiser is connected), shall be used for any purposes by anyone but the client and other intended users as identified in this report. nor shall it be conveyed by anyone to the public through advertising. public relations. news. sates. or other media. without the written consent tithe appraiser. 5. The appraiser will not disclose the contents of fit appraisal report unless requited by applicable law or as specified in the Uniform Standards of Professional Appraisal Practice. 6. Information. estimates. and opinions furnished to the appraiser• and contained in the report. were obtained from sources considered reliable and believed to be true and correct. However. no responsbilty for accuracy of such tams furnished to the appraiser is assigned by the appraiser. 7. The appraiser assumes that there are no hidden or unapparent condaions of the properly. subsoil. or structures, which would render it more or lass valuable. The appraiser assumes no responsiblity for such conditions. or for engineering or testing. which might be swot:red to discover such factors. This appraisal is not a home inspection or environmental assessment of the property and should not be considered as such. 8. The appraiser specializes n the valuation of real property and is not a home inspector. budging contractor. shucks& engineer. or similar expert, unless otherwise noted. The appraiser did not conduct the ntensive type of bald otservations of Ito kind intended •..o seek and discover property detects. The viewing of the properly and any improvements is la purposes of developing an opinion of the defined value of the property. given the Mended use of this assignment. Statements regarding condition are based on surface observations only. The appraiser claims no special expertise regarding issues including. but not limited to: foundation sentiment. basement moisture problems. wood destroying (or other) insects. pest infestation. radon gas. lead based painL mold or environmental issues. Unless otherwise indicated mechanical systems were not activated or tested. This appraisal report should not be used to disclose the condition of the property as it relates to the presencarabsence of defects. The client is invited and encouraged to employ qualified aspens to inspect and address areas of concern. II negative conditions are discovered. the opinion of value may be affected. Unless otherwise noted. the appraiser assumes the components that constitute the subject property Improvements) are fundamentally sound and in working order. Any viewing tithe property by the appraiser was Wiled to nastilyobservable areas. Unless otherwise noted. attics and crawl space areas were not accessed. The appraiser did not move furnikre. hoar coverings or other items that may restrict the viewing of the properly. 9. Appraisals involving hypothetical conditions related to completion of new construction. repairs or alteration are based on the assumption that such corrpletion. &infirm or repairs will be competently performed. 10. Unless the intended use of this appraisal specifically includes issues of property insurance coverage. the appraisal should not be used la such purposes. Reprodiction or Replacement cost figures used n the cost approach are for valuation purposes oray. given the intended use of the assianmeM. The Definition of Value used in this assignment isnot consistent with the definition of Market Value for properly insurance covetagebse unless otherwise stated by the appraaer. Additional Comments Related To Scope Of Work. Assumptions and Limiting Conditions par Prews:fierg rardrese IX 2: %Wen teverzan Per 3d 3 lhsbnCgendt02075.20i0rOthispd SOOrasSennes.nc.Al rograrkerne NPNVICgotralFtrose Wawa boon 042007 GPMFES20.1i3X. SONY_GM_00328180 EFTA_00200932 EFTA01307758 ADDENDUM Client: Federal Bureau of Investigation File N Property Address: 9 East 71st Street City: New York Case No.: State: NY Zip: 10021 Property Rights Appraised: Fee Simple General Comments The purpose of this appraisal is to estimate the market value of the subject property as of the effective date of the appraisal. The report will function as a guide for the client mentioned in this report. In preparing this appraisal, the appraiser has been requested to perform an exterior viewing only and not to disturb the occupants by entering the building. The physical characteristics used to develop this appraisal are based on the assessment records and on the multiple listing service if available. The subject was observed from the public street as of the effective date of the appraisal. Based on the observed conditions, the assessment records and multiple listing service information appear to be accurate. For the purposes of this appraisal, it is assumed that the interior condition of the subject property is consistent with the exterior conditions as observed, and that the information concerning the interior condition as provided by the assessor's records and the multiple listing service is accurate. Per prior agreement with the client, the appraiser did not value the site and did not use the cost approach to value. although this approach would generally be considered meaningful in appraising a property of this type. Data was collected from a variety of sources including, but not limited to, public land records, a multiple listing service, tax records, brokers, buyers, sellers, comps inc. And in•office files. The form summarizes the process and conclusion of the value for the sales comparison approach and a final value conclusion. Additional supporting data can be found in our appraisal file. The highest and best use is considered to be as is. The subject is not a manufactured home and is permanently affixed to the foundation. Manufactured homes are not common to this area. It should be noted that a review of all transfers of residential property known to have taken place in the subject area was undertaken before comparable sale selection was finalized. Due to the subject only being viewed from the street and the appraiser not being able to measure the subject. the gross living area information was obtained from the assessors office (if possible) or was estimated by the appraiser. The tax information in this report has been given to the appraiser by the respective town and/or village and is assumed to be correct. This appraiser assumes a certificate of occupancy exists for the subject as described herein. The client ordered this appraisal as an exterior only report. No interior viewing was completed. The occupancy is marked on the first page based on the norm for the neighborhood, unless otherwise noted. The appraiser reserves the right to revise this report upon a full viewing of the subject property. For the purpose of this appraisal report, the word inspect should be view or viewed. This would mean that the appraiser has viewed, not inspected, the property and it's characteristics. The appraiser is not an expert in the field of engineering, home inspections or environmental issues. The appraiser views the property where possible and reports what is seen. No tests of any sort were prepared to draw any conclusions. This appraiser is not and engineer or home inspector, therefor the reader of this report should not rely on this appraisal as a substitute for a home inspection. The electronic signatures in this report are secured with security protected access codes. This has been approved and accepted by uspap, the appraisal institute as well as major banks and lending institutions including fannie mae. Note that the photographs submitted with this appraisal report are original digital images. These digital images have not been altered or modified in any shape or form as to mislead the reader of this report. If there were any people in the pictures, they have been removed. The map in this report is generated by the computer. The accuracy may not be to the exact location but is very close and is not intended to mislead the reader. This report was ordered as an exterior report only. Due to this fact, the appraiser does not know if the utilities are on or off , if repairs are needed, and what a cost to cure would be. Unless otherwise stated in this report, the existence of hazardous materials, which may or may not be present on the property. was not observed by the appraiser. The appraiser has no knowledge of the existence of such materials on or in the property. The appraiser, however, is not qualified to detect such substances. The presence of substances such as asbestos, urea•formaldehyde foam insulation, and other potentially hazardous materials may affect the value of the property. The value estimated is predicated on the assumption that there is no such material on or in the property that would cause a loss in value. No responsibility is assumed for such conditions or for any expertise or engineering knowledge required to discover them. The intended user is urged to retain an expert in this field if desired. The intended User of this appraisal report is an agency of the United States Government. The intended Use is to evaluate the property that is the subject of this appraisal for an estimated market value, subject to the stated Scope of Work, purpose of the appraisal, reporting requirements of this appraisal form, and Definition of Market Value. No additional Intended Users are identified by the appraiser. Mlerdern Page 1d 2 SDNY_GI,4_00328181 EFTA_0O20O933 EFTA01307759 ADDENDUM Client: Federal Bureau of Investigation Property Address: 9 East 71st Street City: New York File No. Case No.: State: NY Zip: 10021 Addendum Page 2 ci 2 SDNY_Gkl_00328182 EFTA_00200934 EFTA01307760 APPRAISAL REPORTS. INC. Single Family Residential Property Market Listings File No. FEATURE I SUBJECT LISTNG it I LISTING /2 LISTING i3 9 East 71st Street Address New York, NY 12 East 63rd Street New York. NY 10065 134 Charles Sheet New York. NY 10014 ProxirTtrtoSubiea I 0.43 miles SW 3.38 miles SW Original List Price S s 67,000,000 S 80,000,000 S arrent List Price S S 67,000,000 $ 80.000.000 s Last Price Revision Dale 1/1/2019 I 11/5/2018 Sale Price $ I PriteGross Uy. Area $ 0.00 sg. IL 55,153.84 sq. IL 1 56,125.57 sq. fl. S sq. It. - Data Source(s) StreetEasy.com StreetEasy.com Verification Source(s) Corcoran Bespoke Real Estate LLC VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION •IT SAISawi DESCRIPTION •OSAdiermera DESCRIPTION +0 S keer i el Days on Market 186 251 a Sale or Financing Concessions LISTING -6,700,000 LISTING -8,000,000 Location Urban Urban Urban Leasehot&Fee Sample Fee Simple Fee Simple Fee Simple Sate Wide/5108 SCI. ft. Level/2500 510,800 Wide/4745 +36,300 View City City River -100,000 Design (Style) 1-Fam Attached 1-Fain Attached 1-Farn Attached Duality of Construction Limestone/Good Limes/Brick/Gd Brick/Good Actual Age 109 +/- Years 109 +/- Years 109 +1- Years Corbin:in Ve Good U Ve Good Veir Good Above Glade TOWBiossi Bets TOWBan Bets NY Ma Beni WM Banns Bats Room Count 40 LINK 14 7 8.5 +100,000 15 6 8.5 Gros Livng Area 18.814 sq. IL 13.000 sq. IL 11,628,000 13,060 sg. t +11,508,000 sq. IL Basement S. Finished Rooms Below Grade Full Basement Full Finished Full Basement Full Finished Full Basement Full Finished Functional Utility 1-Fam/Good 1-Fam/Good 1-Fam/Good Heabng`Cooling HW/Radiant/Cent NW/Radiant/Cent HW/Radiant/Ceni Energy Efficienteems Insul Windows Insul Windows Insul Windows Garage,Carrort None None None Porch/Pati&Detk Patio Pool Squash Court -25,000 Nei ArljnIment (Total) = N. Fl• S 5.538,800 R. Fl• $ 3,419,300 Hi. H• S Adjusted Lit Price Net Adj. 8.3% GrossAdi 28.3% $ 72,538,800 Net Adj. 4.3% Gros Ad. 24.6%. S 83,419_3 00 Net Adj. % Grosssq. % ITEM SUBJECT LISTING it 1 L6TING #2 TING #3 Date of Prior SalelTiansler 12/23/2011 4/15/2010 7/22/2008 Price of Prior SalWTransfer $10 $19,660,000 $17,000,000 Data Source(s) ACRIS StreetEasy.com StreetEasy.com Make Dale of Data Source(s) 7/14/2019 7/14/2019 7/14/2019 Comments on Market Listings Listinos were adjusted for lack of premium wide frontage. iniACI lawn W12341227 en save SFR_OS jaw, ;.: . . . SIDNY_Ghl_00328183 EFTA_00200935 EFTA01307761 APPRAISAL REPORTS. INC. Single Family Residential Property Market Listings File No FEATURE I SUBJECT I _IS I `,3= 4 LISTING N6 9 East 71st Street Address New York, NY Proximity to Subject Original List Price $ S i $ $ S Cisrent List Price $ Last Price Revision Dale Sale Price S PriteGross U.,. Area $ 0.00 sq. ff. $ sq. IL S sq. 11. S sq. It. Data Sourte(s) Veriticaten Source(s) VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION o., S Wiwi DESCRIPTION •OSAesemera DESCRIPTION •1014.0inel Days on Market a. Sale or Financing Concessions Location Urban LeasehokL'Fee Simple Fee Simple Site Wide/5108 sa. ft. View CO Design (Style) 1-Faun Attached Duality of Construction Limestone/Good Actual Age 109 +/- Years Comiten Ve Good Above Grade TOW DO Batts TOW Bone Bats Tow OM Ben low Wore Bats Room Count 40 U I UNK Gros Uviig Area 18.814 sq. IL Sq. t sq. t. sq. IL Basement 8. Finished Rooms Below Grade Full Basement Full Finished Functions! Utility 1-Fam/Good Heating`Cooling HW/Radiant/CeM Energy EBicient Items Insul Windows Garagetwoort None Porch/Pati&Detk Patio Ne4 Adjustment (Total) -= n. H. $ H. n• $ H. H. Adjusted Lit Price Net Adj. % GrossAli % $ Net Adj. % Gros Ad. 16 $ Net Adj. % 0rossAlt % t ITEM SUBJECT LISTING it 4 LISTING t5 TING R6 Date of Prior Salegranster 12(23/2011 Price of Prior SaiarTranster $10 Data Source(s) ACRIS Effective Dale of Data Source(s) 7/14/2019 Comments on Markel Listings iniACI lawn W12341227 en save NA SFR_OS jaw, ;.: . . SDNY_GM_00328184 EFTA_00200936 EFTA01307762 APPRAISAL REPORTS. INC. Single Family Residential Property Market Listings File No. FEATURE I SUBJECT _IS! 33 3 7 LISTING # 9 9 East 71st Street Address New York, NY Proximity to Subject Original List Price $ S $ S Current List Price $ $ S Last Price Revision Dale Sale Price S PriteGross U.,. Area $ 0.00 sq. ff. $ sq. R S sq. 11. S sq. It. Data Source(s) Veriticaten Source(s) VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION •i., $ towel DESCRIPTION •OSAesemera DESCRIPTION •1014.ariel Days on Market a. Sale or Financing Concessions Location Urban LeasehokL'Fee Simple Fee Simple she Wide/5108 sa. ft. View CO Design (Style) 1-Fam Attached Quality of Construction Limestone/Good Actual Age 109 +/- Years Co stun Vet Good Above Grade TOW Bd Bets B Kw TOW & Bats TOY DM Ben low Stn BS Room Count 40 U UNK Gros Uvi$3 Area 18,814 sq. IL Sq. t sq. t. sq. IL Basement 8 Finished Rooms Below Grade Full Basement Full Finished Functional Utility 1-Fam/Good Heabng`Cooling HW/Radiant/CeM Energy Efficient Items Insul Windows Garagetwoort None Porch/Pati&Detk Patio I'M Adjustment (Total) -= n+ n. $ n. Fl• $ H. H. $ Adjusted Lel Price Net Adj. % GrossAli % $ Net Adj. 14 Gross A4. % $ Net Adj. 96 Gross Act. % ITEM SUBJECT LISBNGI 7 USTING tr 8 TING 89 Date of Pri3r Salegransler 12(23/2011 Price of Prior SalWTransfer $10 Data Source(s) ACRIS Effective Dale of Data Source(s) 7/14/2019 Comments on Market Listings P,Xlif 1.11) AO VA S& 601234.1727mXiveti SDNY_GM_00328185 EFTA_00200937 EFTA01307763 APPRAISAL REPORTS. INC. Single Family Residential Property Market Listings File No. FEATURE I SUBJECT : i: , LISTING # 12 9 East 71st Street Address New York, NY Proximity to Subject Cr' inal List Price $ Current List Price $ Last Price Revision Dale Sale Price $ PriagGross Uy Area $ 0.00 sq. ff. $ se. IL sq. ft. se Data Source(s) Veriticaten Source(s) VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION •ii Stop nel DESCRIPTION •OSAesemen DESCRIPTION +NSA* / Days on Market a. Sale or Financing Concessions Location Urban Leaseho 'Fee Simple Fee Simple Site Wide/5108 sa. ft. Yew CRY Design (Style) 1-Fam Attached Duality of Construction Limestone/Good Actual Age 109 +/- Years Co stun Ve Good Above Glade TOW BO Bets TOW Bane Batt TOM DM Bats TORY Stn t Room Count 40 U I UNK Gros Uviig Area 18.814 sq. IL sq. B. se. t. se. IL Basement 8. Finished Rooms Below Grade Full Basement Full Finished FiaicOoral Utility 1-Fam/Good Heabrig`Cooling HW/Radiant/CeM Energy Eftkient Items Insul Windows Gar Carport None Porch/Pati&Detk Patio NM Adjustment (Total) -= n+ n• $ n n• $ n• $ Adjusted Lit Price Net Adj. % GrossAli % $ Net Adj. % Gros Act % $ Net Adj. % GrossAlt %DING ITEM SUBJECT LISTING 010 LISTING ill 012 Date of Pror Salegiansler 12(23/2011 Price of Prior Sala(Transfer $10 Data Source(s) ACRIS Effective Dale of Data Source(s) 7/14/2019 Comments on Markel Listings nary in) AO VA S& 601234.1727mXiveti SDNY_Ghl_00328186 EFTA_00200938 EFTA01307764 APPRAISAL REPORTS. INC. Single Family Residential Property Market Listings File No. FEATURE I SUBJECT IS h: LISTING 415 9 East 71st Street Address New York, NY Proximity to Subject Original List Price $ S $ S Cisrent List Price S S S Last Price Revision Dale Sale Price S PriteGross U.,. Area S 0.00 sq. ff. S sq. R S sq. 11. S sq. It. Data Source(s) Veriticaten Source(s) VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION •i., SMptirwr DESCRIPTION •OSAerearera DESCRIPTION •0$14.0inel Days on Market a. Sale or Financing Concessions Location Urban LeasehokL'Fee Simple Fee Simple she Wide/5108 sa. ft. View CO Design (Style) 1-Fam Attached Duality of Construction Limestone/Go0d Actual Age 109 +/- Years Cent:Sten Ve Good Abate Grade TOW BO Bets t TOW &Kw Bats TOY DM Ben W Ba Barn Bats Bent Room Count 40 U UNK Gros Uviig Area 18,814 sq. IL SCI. it. sq. t. sq. It. Basement 8. Finished Rooms Below Grade Full Basement Full Finished Functional Utility 1-Fam/Good Heabng`Cooling HW/Radiant/CeM Energy Efficient Items Insul Windows Garage,Carrort None Porch/Pati&Detk Patio Nei Adjustment (Total) -= n+ n. $ ri. fl• $ 11. 11. $ Adjusted Lit Price Net Adj. % GrossAli % Net Adj. 14 Gros P4. % S Net Adj. % GrossAlt %J ITEM SUBJECT LISTING II 13 LISTING #14 U NG ii 15 Date of Pri3r Salegransler 12(23/2011 Price of Prior Saia(Transter $10 Data Source(s) ACRIS Effective Dale of Data Source(s) 7/14/2019 Comments on Markel Listings nary iaNACI fats& E01234.1727 en save SFR_0S jaw, ;.: . . SDNY_Ghl_00328187 EFTA_00200939 EFTA01307765 SUBJECT PROPERTY PHOTO ADDENDUM MI- 7 Client: Federal Bureau of Investigation File No.: Properly Address:9 East 71st Street Case No.: City: New York FRONT VIEW OF SUBJECT PROPERTY Appraised Date: July 13, 2019 Appraised Value: $ 86,250,000 REAR VIEW OF SUBJECT PROPERTY STREET SCENE ARPRA SAt REPORTS. INC. SDNY_GPA_C0328188 EFTA_00200940 State: NY Z3 : 10021 EFTA01307766 COMPARABLE PROPERTY PHOTO ADDENDUM Cheat: Federal Bureau of Investigation Property Address:9 East 71st Street City: New York File No.: Case No.: State: NY Zip: 10021 COMPARABLE SALE #1 14 East 67th Street New York. NY 10065 Sale Date: 61412019 Sale Price: $ 77.160,600 COMPARABLE SALE #2 110 East 76th Street New York. NY 10021 Sale Date: 8f16/2018 Sale Price: $ 40.250,000 COMPARABLE SALE #3 16 East 69th Street New York. NY 10021 Sale Date: 3f14/2018 Sale Price: $ 39.000,600 mar SDNY_GM_00328189 EFTA 00200941 EFTA01307767 COMPETING LISTING PHOTO ADDENDUM Borrower: Property Address:9 East 71st Street City: New York Lender: Federal Bureau of Investigation S:a:e: NY a No.: Case No.: Z p: 1C021 COMPETING LISTING #1 12 East 63rd Street New York. NY 10065 Listing Nice: $ 67.000.000 Days-On-Market: 186 COMPETING LISTING #2 134 Charles Street New York. NY 10014 Listing P0ce: $ 80.000,000 Days-On-Market: 251 COMPETING LISTING #3 Listing Nice: $ Days-On-Market: AiSAL REPORTS. INC. SDNY_GM_00328190 EFTA_00200942 EFTA01307768 LOCATION MAP Client: Federal Bureau of Investigation File No.: Property Address: 9 East 71st Street Case No.: City: New York State: NY Zip: 10021 C iN G3 r2-3 North Bergen TI) F a r v e w Clitfside Park Edgewater General Grant National Memorial 9 Columbia dio University v Rwerside Park b. Ull AM no_ UPPER MANHATTAN 7 Hostos COMIll. College I. 3 HARLEM g MOTT City of New York e EAST TIARI EM Rand. Museum of the Ø , roads Salomon R Comparable Sale 2 rz onnatio" Museum 110 East 76th Street Comparable Sale 3 New York, NY 10021 9 0.29 miles NE 424 16 East 69th Street .5i..5' New York, NY e ear 10021 i Union City ; 0.13 miles SW .1 J Astorn Asio, Hamilton Park .4l74,' Strawberry ~ Arr . Subled Ø LINCOLN :J SOUARE ,. ,.. FAol:1) , ER 9 EaS171SISUBei New York, NY 10021 r , ' ' +6 p p West New York Gu t t en ber g Comparable Listing 1 li , Central Park Zoo 9 ,y 12 East 63rd Street t 0.43 miles SIN S KIT CHEN 9 Trump Toror (--rates Weehawkc NewYod4 NY 10065 LENS Comparable Sale 1 e Park si. 14 East 67th Street , ` r, New York, NY 1OO65 ap Hoboken Wr NEW PORT sey City PAULUS HOOK t Science Center 0.23 miles SW øum ot the© SUT TON PL->in> -nniuto•;,ng Image MIDTOWN Queensbridge MANHATTAN Park The High Line United Nations da ir J Headquarters Y Comparable Listing 2 134 Charles Street NewYork, NY 10014 t 3.38 miles SW tiseum OT Amenein Art Parsons Sc no, I of Design 9 9 9 .53„ g Washington Square Park FAST VILLAGE LOV/ER MANHATTAN Tenement Museum New York il Jane s Carousel Q Kattery Park Governors Island Brooklyn Bridge Park BROOKLYN HEIGHTS gr, 3 Wn BOERUM HILL CARROLL Grand John V. Lindsay East Roter Park 4.) Fort Greene Park @A; HUNTERS POINT LONG ISLAND CITY GREENPOINT McCarren Park EAST e williAmsr V/ILLIAMSBURG BEDFORD-ST UYVESANT SUN Ha: Map data 82O19 Gose APPRAISAL REPORTS, INC PO Box 187. West Islip. NY 11795 631-321-5962 SONY_GM_OO328191 EFTA_00200943 EFTA01307769