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5022 Avenue D, Brooklyn, NY, 11203

--beds
4baths
2,800sqft
$1,489,000
$532price/sqft
$9,201/moest. monthly cost
$368,040/yrincome needed

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

86
WalkingVery Walkable
0
TransitVery Limited Transit
63
BikeBikeable

Schools

7/10
Ps 208 Elsa EbelingGrades PK-50.1 mi
6/10
Is 285 Meyer LevinGrades 6-80.6 mi
3/10

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