Something like that. Or На углу стоит здание.
To assist your learning, we differentiate between "sentences" and word combinations that might be a part of a sentence. Sentences will start with a capital letter and end with terminating punctuation:
- это молоко = this milk
- Это молоко? = Is this milk?
- не то молоко = wrong milk
- Это не молоко. = This is not milk.
- пять человек = 5 people
- Девушка дома. = The girl is at home.
As much as translating "real" sentences is fun, some finer grammar points are best addressed with short phrases that have all irrelevant variables removed.