2503 East 19th Street

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!