5022 Avenue D, Brooklyn, NY 11203

$1,489,000
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Active
BEDS4 BATHS2 full MLS#892792
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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!

5022 Avenue D | MLS# 892792

This multi-family property located at 5022 Avenue D, Brooklyn, NY 11203 is currently listed for sale with an asking price of $1,489,000. Search Brooklyn real estate on www.cbamhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: See Remarks
Cooling: None
Garage: 2
Heating: Steam, Other
Lot Size: 0.04 Acres
Taxes: $21,331
Year Built: 1931

Amenities

Other

Feature Descriptions

Building Area Total: 2800
Days on Site: 306
Exterior: Brick
Fuel Expense: 0
GarageY/N: Yes
Heating Units: 4
On Market Date: 2025-07-23
Parcel Number: 04781-0010
Parking Total: 2
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 600
Separate Gas Meters: 4
Sewer: Public Sewer
Tenant Pays: See Remarks
Units: 4
Utilities: See Remarks
Water: Public

Estimate Your Payment

Estimated Payment

$ 9,741.07 per month $7,529.19 Principal & Interest $1,777.58 Property Tax $434.29 Homeowner's Insurance

Change Payment Information

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yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Listed By / Shown By

Listing By

Agency Name: RE/MAX R E Professionals
Agency Contact: 718-872-5521

Shown By

Agency Title: Coldwell Banker American Homes
Agency Phone: 866-831-4443

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