About 5022 Avenue D
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!
Features of 5022 Avenue D
| MLS® # | 494393 |
|---|---|
| Price | $1,489,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,800 |
| Year Built | 1931 |
| Type | Mixed Use / Store & Family |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 5022 Avenue D |
|---|---|
| Area | East Flatbush |
| City | Brooklyn |
| County | Kings (Brooklyn) |
| State | New York |
| Zip Code | 11203 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior | Hardwood, Tile |
|---|---|
| Interior Features | Other |
| Heating | Steam/Radiator |
| Fireplace | No |
| # of Stories | 2 |
| Basement | Semi-Finished |
Exterior
| Exterior | Brick |
|---|---|
| Exterior Features | Other |
| Roof | Flat |
| Construction | Brick |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | July 22nd, 2025 |
|---|---|
| Days on Market | 1 |
| Zoning | R4 |
| Tax | $21,332 |
