2503 East 19th Street Brooklyn NY 11235 | MLS #505116

Prime Sheepshead Bay location – 6 family building located on East 19th Street off Avenue Y. The building has 1-1-bedroom apartment in good condition and 5-2-bedroom apartments which have been renovated. All apartments have hardwood and tile flooring. The building itself is in great condition with good income. Annual expenses are as follows: total expenses – $34,810; water/ sewer – $1,200; fuel – $4,500; insurance – $7,310; electric – $600; taxes – $21,200. Annual income is $134,484 and the NOI is $99,674. Close to absolutely everything: convenience stores (one is right next door!), schools, Stop & Shop, Saint Mark Church, Marshall’s, eateries, restaurants, minutes to Sheepshead Bay/ Emmons Avenue, transit (B49, B36, B4 – Sheepshead Bay train station B & Q trains) and so much more! Don’t miss out on this lucrative opportunity!