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Condensed Statements of Cash Flows (USD $)
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net loss $ (1,704,593) $ (502,684)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation of building and tenant improvements and equipment 1,817,854 1,397,208
Amortization of leasing costs 274,935 286,083
Amortization of mortgage refinancing costs 203,702 181,808
Leasing costs paid (707,575)  
Changes in operating assets and liabilities:    
Other receivable   (5,844)
Prepaid insurance 15,764 (31,617)
Rent receivable (11,075)  
Due to Supervisor, a related party 171,249 (171,210)
Accrued expenses 10,118 (19,500)
Accrued supervisory fees to a related party   (81,265)
Accrued mortgage interest 6,383 (5,392)
Net cash provided by operating activities 76,762 1,047,587
Cash flows from investing activities:    
Purchase of building and tenant improvements (2,547,185) (947,932)
Net cash used in investing activities (2,547,185) (947,932)
Cash flows from financing activities:    
Receivable from Participants-NYS estimated tax (47,248)  
Refinancing costs (394,088)  
Proceeds from mortgage payable 4,382,397  
Repayment of mortgages payable (1,234,434) (1,168,067)
Distributions to Participants (523,210) (523,210)
Deferred costs (513,634) (1,999,293)
Net cash provided by (used in) financing activities 1,669,783 (3,690,570)
Net decrease in cash and cash equivalents (800,640) (3,590,915)
Cash and cash equivalents, beginning of period 2,095,727 10,466,377
Cash and cash equivalents, end of period 1,295,087 6,875,462
Supplemental disclosure of cash flow information:    
Cash paid for interest 2,491,820 2,557,470
Non-cash investing and financing activities:    
Deferred costs included in Due to Supervisor, a related party 296,499 297,983
Purchase of Building and tenant improvements included in payable to Lessee, a related party $ 2,215,574 $ 2,045,392