44-46 East 82nd Street is two contiguous townhouses in the Upper East Side. The two properties encompass 11,738 sf of building space and have been leased to Higher Ground Education. Higher Ground Education intends to open one of its corporately owned schools at the site. The school has signed a true triple net lease for a period of 20 years. The rent will be $1,800,000 per year NNN with annual 2% increases.