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      <DepreciationPropertyGrp>
        <PropertyDesc>89 Francis - House</PropertyDesc>
        <AcquiredDt>2005-06-01</AcquiredDt>
        <CostOrOtherBasisAmt>309891</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>134336</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>7782</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>9 Rita - House</PropertyDesc>
        <AcquiredDt>2005-10-15</AcquiredDt>
        <CostOrOtherBasisAmt>350000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>95228</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>5454</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Kiamesha Lake - House</PropertyDesc>
        <AcquiredDt>2006-07-01</AcquiredDt>
        <CostOrOtherBasisAmt>274433</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>154583</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>9253</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>6 Phyllis - House</PropertyDesc>
        <AcquiredDt>2006-07-25</AcquiredDt>
        <CostOrOtherBasisAmt>554993</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>246060</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>14727</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>5 A-C Warren - Land</PropertyDesc>
        <AcquiredDt>2007-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>38219</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>0</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>9 Rita - Improvements</PropertyDesc>
        <AcquiredDt>2007-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>80996</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>47000</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>2946</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>89 Francis - Improvements</PropertyDesc>
        <AcquiredDt>2007-04-15</AcquiredDt>
        <CostOrOtherBasisAmt>41801</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>24257</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>1520</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2 Kaser - Improvements</PropertyDesc>
        <AcquiredDt>2007-04-15</AcquiredDt>
        <CostOrOtherBasisAmt>19852</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>11522</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>722</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>481 W Central - House</PropertyDesc>
        <AcquiredDt>2007-11-01</AcquiredDt>
        <CostOrOtherBasisAmt>519531</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>178645</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>11619</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>6 Widman Ct - House</PropertyDesc>
        <AcquiredDt>2008-11-12</AcquiredDt>
        <CostOrOtherBasisAmt>345000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>104547</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>7273</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>28 Calvert - House</PropertyDesc>
        <AcquiredDt>2008-12-26</AcquiredDt>
        <CostOrOtherBasisAmt>351043</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>103941</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>7273</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>254 Wallabout - House</PropertyDesc>
        <AcquiredDt>2009-01-20</AcquiredDt>
        <CostOrOtherBasisAmt>592032</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>206666</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>14546</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>8 Horizon - House</PropertyDesc>
        <AcquiredDt>2009-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>320000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>139086</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>10406</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>128 Route 306 - House</PropertyDesc>
        <AcquiredDt>2009-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>373474</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>156492</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>11593</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>21 Feldman - House</PropertyDesc>
        <AcquiredDt>2011-03-24</AcquiredDt>
        <CostOrOtherBasisAmt>160185</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>65683</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>5454</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>9 Ashel Lane - House</PropertyDesc>
        <AcquiredDt>2011-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>135000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>43483</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>3636</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>19 Phyllis - House</PropertyDesc>
        <AcquiredDt>2011-06-28</AcquiredDt>
        <CostOrOtherBasisAmt>500000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>210105</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>17818</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>232 Blauvelt - House</PropertyDesc>
        <AcquiredDt>2012-03-31</AcquiredDt>
        <CostOrOtherBasisAmt>968217</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>356224</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>32384</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>4 Horizon - House</PropertyDesc>
        <AcquiredDt>2012-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>228663</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>75179</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>6860</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>126 Rte 306 #212 - House</PropertyDesc>
        <AcquiredDt>2013-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>309770</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>86824</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>9100</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>6 Warren - House</PropertyDesc>
        <AcquiredDt>2015-03-16</AcquiredDt>
        <CostOrOtherBasisAmt>383613</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>99057</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>12383</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>21 Dana Rd - House</PropertyDesc>
        <AcquiredDt>2016-03-31</AcquiredDt>
        <CostOrOtherBasisAmt>132580</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>33797</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>4828</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>34 Lenore - House</PropertyDesc>
        <AcquiredDt>2017-12-07</AcquiredDt>
        <CostOrOtherBasisAmt>178856</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>34417</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>6504</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>21 Morris - House New</PropertyDesc>
        <AcquiredDt>2019-03-31</AcquiredDt>
        <CostOrOtherBasisAmt>1050957</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>152625</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>37869</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>21 Dana - Improvements</PropertyDesc>
        <AcquiredDt>2020-03-24</AcquiredDt>
        <CostOrOtherBasisAmt>23000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2543</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>836</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>63 Blauvelt Rd</PropertyDesc>
        <AcquiredDt>2020-10-14</AcquiredDt>
        <CostOrOtherBasisAmt>761672</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>57808</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>23515</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>19 Phyllis - Improvements</PropertyDesc>
        <AcquiredDt>2020-12-01</AcquiredDt>
        <CostOrOtherBasisAmt>59602</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4966</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>2167</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>232 Blauvelt - Improvements</PropertyDesc>
        <AcquiredDt>2021-11-11</AcquiredDt>
        <CostOrOtherBasisAmt>37616</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1881</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>1368</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>19 Phyllis - Improvements</PropertyDesc>
        <AcquiredDt>2022-12-16</AcquiredDt>
        <CostOrOtherBasisAmt>278231</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>9274</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>15.000000000000</LifeRt>
        <CurrentYearExpenseAmt>18549</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LHI 22</PropertyDesc>
        <AcquiredDt>2022-04-05</AcquiredDt>
        <CostOrOtherBasisAmt>90472</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3016</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>15.000000000000</LifeRt>
        <CurrentYearExpenseAmt>6031</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>159 Maple Ave.</PropertyDesc>
        <AcquiredDt>2022-05-01</AcquiredDt>
        <CostOrOtherBasisAmt>2073195</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>56071</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>64081</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LHI 23</PropertyDesc>
        <AcquiredDt>2024-03-31</AcquiredDt>
        <CostOrOtherBasisAmt>72780</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>110</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LHI 23 - 21 Morris</PropertyDesc>
        <AcquiredDt>2023-09-29</AcquiredDt>
        <CostOrOtherBasisAmt>574696</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>11320</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <LandEtcSchedule2 documentId="LandEtcSchedule2-01">
      <LandEtcGrp>
        <CategoryOrItemTxt>Land &amp; Buildings</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>14579558</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>4825501</AccumulatedDepreciationAmt>
        <BookValueAmt>9754057</BookValueAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <OtherAssetsSchedule documentId="OtherAssetsSchedule-01">
      <OtherAssetsScheduleGrp>
        <Desc>Deposit on Contract to Purchase Property</Desc>
        <BOYBookValueAmt>250000</BOYBookValueAmt>
        <EOYBookValueAmt>250000</EOYBookValueAmt>
        <EOYFMVAmt>250000</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>Escrows</Desc>
        <BOYBookValueAmt>9783</BOYBookValueAmt>
        <EOYBookValueAmt>6317</EOYBookValueAmt>
        <EOYFMVAmt>6317</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule-01">
      <OtherExpensesScheduleGrp>
        <Desc>Bank Fees</Desc>
        <RevenueAndExpensesPerBooksAmt>40</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Condo Fees</Desc>
        <RevenueAndExpensesPerBooksAmt>4770</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Filing Fees</Desc>
        <RevenueAndExpensesPerBooksAmt>250</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Inspections</Desc>
        <RevenueAndExpensesPerBooksAmt>300</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Insurance</Desc>
        <RevenueAndExpensesPerBooksAmt>16548</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Professional Fees</Desc>
        <RevenueAndExpensesPerBooksAmt>23227</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Utilities</Desc>
        <RevenueAndExpensesPerBooksAmt>29575</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Management Fee</Desc>
        <RevenueAndExpensesPerBooksAmt>3090</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Office Supplies</Desc>
        <RevenueAndExpensesPerBooksAmt>33</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Furniture</Desc>
        <RevenueAndExpensesPerBooksAmt>1400</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Permits</Desc>
        <RevenueAndExpensesPerBooksAmt>150</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Amortization</Desc>
        <RevenueAndExpensesPerBooksAmt>1282</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Landscaping</Desc>
        <RevenueAndExpensesPerBooksAmt>16190</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherLiabilitiesSchedule documentId="OtherLiabilitiesSchedule-01">
      <OtherLiabilitiesDetail>
        <Desc>Loan Payables</Desc>
        <BOYBookValueAmt>907964</BOYBookValueAmt>
        <EOYBookValueAmt>956433</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <TaxesSchedule documentId="TaxesSchedule-01">
      <TaxesDetail>
        <CategoryTxt>Real Estate Taxes</CategoryTxt>
        <Amt>273783</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>