5022 Avenue D, Brooklyn, NY 11203
Local realty services provided by:ERA Insite Realty Services



5022 Avenue D,Brooklyn, NY 11203
$1,489,000
- 4 Beds
- 2 Baths
- 2,800 sq. ft.
- Multi-family
- Active
Listed by:adargisa cruz medina
Office:re/max r e professionals
MLS#:892792
Source:One Key MLS
Price summary
- Price:$1,489,000
- Price per sq. ft.:$531.79
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!
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Home facts
- Year built:1931
- Listing Id #:892792
- Added:22 day(s) ago
- Updated:July 24, 2025 at 11:49 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,800 sq. ft.
Heating and cooling
- Heating:Steam
Structure and exterior
- Year built:1931
- Building area:2,800 sq. ft.
- Lot area:0.04 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,489,000
- Price per sq. ft.:$531.79
- Tax amount:$21,332 (2025)
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