




5022 Avenue D, Brooklyn, NY, 11203
About This Home
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!
Getting Around
Schools
Construction
Condition
- Year built: 1931
Materials
- Foundation: Concrete Perimeter
- Roof: Flat
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Property subType: Mixed Use
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Partially Finished
Bedrooms & Bathrooms
- Bathrooms: 4
- 1/2 bathrooms: 4
Features
- Flooring: Hardwood,Tile
Heating
- Heating features: Natural Gas,Steam/Radiator
Interior Area
- Total structure area: 2,800
- Total interior livable area: 2,800 sqft
Property
Details
- Parcel number: 047810010
- Attached to another structure: Yes
- Zoning: R4
- Special condition: Arm's Length
- Foundation area: 1400
Features
- Stories: 2
Lot
- Lot size: 1,600 sqft
- Features: Back Yard
- Lot size dimensions: 20x80
Parking
- Total spaces: 2
- Parking features: Other,2 Spaces,Attached Garage
- Has garage: Yes
