Condensed Balance Sheets (Unaudited) (USD $)	6 Months Ended	12 Months Ended
	Jun. 30, 2011	Dec. 31, 2010
Real Estate at 250-264 West 57th street, New York, New York
Building	$ 4,940,682	$ 4,940,682
Less: accumulated depreciation	4,940,682	4,940,682
Building after accumulated depreciation	0	0
Building improvements	39,267,944	38,748,700
Less: accumulated depreciation	6,516,229	6,009,941
Building improvements after accumulated depreciation	32,751,715	32,738,759
Tenant improvements	2,438,753	1,097,942
Less: accumulated depreciation	286,177	59,351
Tenant improvements after accumulated depreciation	2,152,576	1,038,591
Land	2,117,435	2,117,435
Total real estate, net	37,021,726	35,894,785
Cash and cash equivalents	1,316,893	1,513,152
Due from Supervisor	60,000	60,000
Deferred costs	377,812	192,400
Other receivable	57,758	0
Leasing commissions, less accumulated amortization of $1,107,859 in 2011 and $1,011,122 in 2010	778,853	773,944
Mortgage refinancing costs, less accumulated amortization of $1,104,629 and $946,107	1,123,191	1,281,713
Total assets	40,736,233	39,715,994
Liabilities:
Mortgages payable	40,432,050	40,914,878
Accrued mortgage interest	186,490	188,882
Payable to Lessee, a related party	5,206,727	3,245,027
Accrued expenses and other liabilities	329,749	157,323
Accrued supervisory fees, a related party	0	31,000
Total liabilities	46,155,016	44,537,110
Commitments and contingencies
Members' deficiency (At June 30, 2011 and December 31, 2010, there were 720 units (at $5,000 per unit) of participation units outstanding)	(5,418,783)	(4,821,116)
Total liability and members' deficiency	$ 40,736,233	$ 39,715,994