This is an extraordinary opportunity for an investor to add a turnkey and cash-flowing
asset to their real estate portfolio. This solid and stately building is ideally situated and
benefits from its prime location near the Flatbush Avenue corridor business district. The
Monroe Court Building offers an excellent opportunity to own an income-producing
property with very low maintenance.

The subject property is a four (4) story brick construction walk-up building situated on
one (1) parcel 50X100 / irregular (5,774 SF). The gross building area is 14,000 sf and is
comprised of seventeen (17) rent-stabilized residential units. The building’s
description is Section 16, Block 5125, Lot 74, and Building Classification C1. The building is
on the northeast side of Beverley Road between Flatbush Avenue and 21st Street.

The building is 100% occupied and leased to Seventeen (17) residential tenants. Each tenant
is responsible for their utilities, which include electric and cooking gas charges.