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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
    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!
    21 days
    on Zillow
    |
    148
    |
    7
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    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#: 494393MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 5022 Avenue D.

    Next available tour time:Tomorrow at 11am

    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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