Highlights
- Prime location
- Recently renovated
Nearby rentals
Renter hub
Property management
Situated in a prime location, this recently renovated property offers access to numerous amenities, including a top-rated middle school just steps away and 70 parks within a mile, promoting environmental sustainability. With 11 detailed photos available and a high value per square foot, the property also ensures convenience with public transit options nearby and a grocery store within a reasonable distance.
Things you’ll love
Great for
Apartment Amenities
2 Floors | Baseboard |
Electric Heating |
Other
Six Rooms |
Contact for more information on pet policy.
Property Status: Active Located just steps from Prospect Park in prime, this beautifully maintained 9-unit multifamily building offering strong in-place income and long-term upside. The property includes six free market and three rent-stabilized units, featuring a mix of one- and two-bedroom layouts ranging from approx. 550 to 1,000 sq ft. All apartments have been recently renovated and are in excellent condition. Current gross monthly income is $33,350, or over $400K annually. With reported annual expenses adjusted for recent capital improvements, the projected NOI exceeds 500k, resulting in a higher cap rate. This turnkey asset is ideal for investors seeking stable returns in a high-demand Brooklyn neighborhood, near Prospect Park, top schools, shopping, dining, and transportation Office Phone: (347) 736-8953 Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 490 19th St compares to other nearby properties.
Positives
Considerations
Neighborhood | Greenwood Heights |
---|---|
Zip code | 11215 |
Type | House for rent |
3-bedroom apartments at 490 19th St cost about 8% more than the average rent price for 3-bedroom apartments in New York.
Month | Median Rent |
---|---|
September 2023 | $5,466 |
October 2023 | $5,522 |
November 2023 | $5,713 |
December 2023 | $5,535 |
January 2024 | $5,414 |
February 2024 | $5,300 |
March 2024 | $5,439 |
April 2024 | $5,723 |
May 2024 | $5,498 |
June 2024 | $5,534 |
July 2024 | $5,811 |
August 2024 | $5,789 |
September 2024 | $5,810 |
October 2024 | $6,036 |
November 2024 | $5,750 |
December 2024 | $5,355 |
January 2025 | $5,698 |
February 2025 | $5,545 |
March 2025 | $5,779 |
April 2025 | $6,141 |
May 2025 | $5,596 |
June 2025 | $5,821 |
July 2025 | $5,664 |
August 2025 | $6,075 |
Month | Median Rent |
---|---|
September 2023 | $5,646 |
October 2023 | $3,973 |
November 2023 | $3,570 |
December 2023 | $3,595 |
January 2024 | $3,473 |
February 2024 | $3,395 |
March 2024 | $3,450 |
April 2024 | $3,520 |
May 2024 | $6,178 |
June 2024 | $4,228 |
July 2024 | $4,137 |
August 2024 | $4,590 |
September 2024 | $4,376 |
October 2024 | $5,088 |
November 2024 | $5,178 |
February 2025 | $3,800 |
March 2025 | $3,636 |
April 2025 | $5,930 |
May 2025 | $6,056 |
June 2025 | $4,266 |
July 2025 | $3,825 |
August 2025 | $3,925 |
Can I afford to live at 490 19th St?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$180,000/yr
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