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!
For sale
$1,489,000
5022 Avenue D, Brooklyn, NY 11203
--beds
2,800sqft
Mixed Use
Built in 1931
1,600 Square Feet Lot
$1,116,500 Zestimate®
$532/sqft
$-- HOA
What's special
Prominent corner lotCorner property
- 21 days
- on Zillow |
- 148 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: July 23, 2025 at 05:15am
Listing by:
RE/MAX Real Estate Professiona 718-532-2000,
Adargisa Cruz-Medina (718) 532-2000
Source: BNYMLS,MLS#: 494393

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 4
- 1/2 bathrooms: 4
Heating
- Natural Gas, Steam/Radiator
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood, Tile
- Basement: Partially Finished
Interior area
- Total structure area: 2,800
- Total interior livable area: 2,800 sqft
Property
Parking
- Total spaces: 2
- Parking features: Other, 2 Spaces, Attached Garage
- Has attached garage: Yes
Features
- Stories: 2
Lot
- Size: 1,600 Square Feet
- Dimensions: 20x80
- Features: Back Yard
Details
- Foundation area: 1400
- Parcel number: 047810010
- Zoning: R4
- Special conditions: Arm's Length
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- Year built: 1931
Utilities & green energy
- Electric: 220 Volts, Circuit Breakers
Community & HOA
Community
- Subdivision: Brooklyn
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $532/sqft
- Tax assessed value: $449,000
- Annual tax amount: $21,332
- Date on market: 7/23/2025
- Total actual rent: 7900
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