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5022 Avenue D, Brooklyn, NY 11203
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$1,489,000
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Home Details for 5022 Avenue D
Price
$1,489,000
Type
other
Year Build
1931
Sq. Ft.
2800
Lot Size
0.04
County
Kings
Basement
Partially Finished
Tax
$21,332
MLS®️ Listing#
494393
On exitrealty.com
150 days
Property Description
Unique Investment Opportunity in East Flatbush, Brooklyn**
Welcome to an exceptional income-generating property nestled in the heart of East Flatbush, Brooklyn. This all-brick corner property offers a diverse mix of residential and commercial spaces, making it a prime investment for discerning buyers.
**Residential Units: **
- **Two-Family Configuration: **
- **Unit 1: ** Spacious 3-bedroom unit, meticulously renovated with modern finishes.
- **Unit 2: ** Cozy 1-bedroom unit, also fully updated to meet contemporary standards.
- Both units are currently tenant-occupied, ensuring immediate rental income.
- Each tenant is responsible for their own heat, hot water, and electricity, offering hassle-free property management.
- Brand new plumbing and electric systems installed in both units, providing peace of mind and efficiency.
**Additional Property Features: **
- Includes a garage, adding significant value for potential commercial uses or tenant convenience.
- The property boasts new high-efficiency boilers, ensuring reliable and cost-effective heating.
- Situated on a prominent corner lot, offering high visibility and accessibility for commercial tenants.
**Investment Highlights: **
- The purchase includes an option to acquire the property through the existing LLC, which holds a long-term mortgage with a favorable low interest rate. This structure could offer significant financial advantages and facilitate a smoother transaction process.
Don't miss out on the chance to own this versatile and lucrative real estate investment in a vibrant Brooklyn neighborhood. Whether you're looking to expand your portfolio or start a new business venture, this is a perfect opportunity. Contact us today to schedule a viewing and explore the potential of this remarkable property!
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- Heating Information
- Steam
- Natural Gas
- Parking
- Attached
- Garage
- Garage
- 1
- Basement
- Partially Finished
Listing Courtesy: RE/MAX Real Estate Professiona - 718-532-2000
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Brooklyn Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 Brooklyn MLS. All Rights Reserved.
Fair Housing Notice
Fair Housing NoticeLast Updated: 2025-12-10 10:46:14
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$1,489,000
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