5022 Avenue D, Brooklyn, NY

$1,489,000

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4

Beds

2

Baths

2,800

Square feet

0.04

Acres

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® # 892792
Price $1,489,000
Bedrooms 4
Bathrooms 2.00
Full Baths 2
Square Footage 2,800
Acres 0.04
Year Built 1931
Type Residential
Sub-Type Quadruplex
Status Active

Community Information

Address 5022 Avenue D
City Brooklyn
County Kings (Brooklyn)
State NY
Zip Code 11203

Additional Information

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Amenities

Utilities See Remarks
Parking Spaces 2
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Interior Features Other
Heating Steam, Other
Cooling None
Fireplace No

Exterior

Construction Brick

Additional Information

Short Sale No
RE / Bank Owned No
Taxes (total) $21,332

Listing Details

OfficeRE/MAX R E Professionals
Office Contact718-872-5521

Listing Map

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