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BALANCE SHEETS (USD $)
Dec. 31, 2012
Dec. 31, 2011
Building One Grand Central Place, located at 60 East 42nd Street and 301 Madison Avenue, New York, N.Y.    
Total real estate, net $ 67,615,604 $ 66,400,278
Cash and cash equivalents:    
Cash in bank 243,776 6,285
Fidelity U.S. Treasury Income Portfolio 1,851,951 10,460,092
Total cash and cash equivalents 2,095,727 10,466,377
Due from Supervisor, a related party 87,202 87,202
Receivable from participants-NYS estimated tax 0 3,357
Deferred costs 3,310,685 1,684,758
Prepaid insurance 15,764 0
Leasing commissions, less accumulated amortization of $1,749,117 and $1,444,673 in 2012 and 2011, respectively 3,043,218 1,066,705
Mortgage refinancing costs, less accumulated amortization of $2,188,848 and $1,825,231 in 2012 and 2011, respectively 684,783 1,048,401
Total assets 76,852,983 80,757,078
Liabilities:    
Mortgages payable 89,109,449 91,478,304
Accrued mortgage interest 417,546 428,479
Accrued supervisory fees, a related party 0 81,265
Payable to Lessee, a related party 21,951 720,066
Due to Supervisor, a related party 789,033 922,728
Accrued expenses 4,415 422,996
Total liabilities 90,342,394 94,053,838
Commitments and contingencies      
Members' deficiency (13,489,411) (13,296,760)
Total liabilities and members' deficiency 76,852,983 80,757,078
Building [Member]
   
Building One Grand Central Place, located at 60 East 42nd Street and 301 Madison Avenue, New York, N.Y.    
Real estate 16,960,000 16,960,000
Less: Accumulated depreciation (16,960,000) (16,960,000)
Total real estate, net      
Building improvements and equipment [Member]
   
Building One Grand Central Place, located at 60 East 42nd Street and 301 Madison Avenue, New York, N.Y.    
Real estate 68,039,708 66,940,647
Less: Accumulated depreciation (13,918,390) (12,187,313)
Total real estate, net 54,121,318 54,753,334
Tenant improvements [Member]
   
Building One Grand Central Place, located at 60 East 42nd Street and 301 Madison Avenue, New York, N.Y.    
Real estate 8,779,779 5,793,417
Less: Accumulated depreciation (2,525,493) (1,386,473)
Total real estate, net 6,254,286 4,406,944
Land [Member]
   
Building One Grand Central Place, located at 60 East 42nd Street and 301 Madison Avenue, New York, N.Y.    
Total real estate, net $ 7,240,000 $ 7,240,000