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  • 5022 Avenue D
  • $ 1,489,000
5022 Avenue D East Flatbush Brooklyn NY 11203
5022 Avenue D East Flatbush Brooklyn NY 11203
5022 Avenue D East Flatbush Brooklyn NY 11203
5022 Avenue D East Flatbush Brooklyn NY 11203
5022 Avenue D East Flatbush Brooklyn NY 11203
5022 Avenue D East Flatbush Brooklyn NY 11203
5022 Avenue D East Flatbush Brooklyn NY 11203
5022 Avenue D East Flatbush Brooklyn NY 11203
5022 Avenue D East Flatbush Brooklyn NY 11203
5022 Avenue D East Flatbush Brooklyn NY 11203
5022 Avenue D East Flatbush Brooklyn NY 11203

5022 Avenue D

East Flatbush   |   Utica Ave & East 51st St

Building For Sale
$ 1,489,000
Ownership Mixed Use
Lot Size 20'x80'
Status Active
Real Estate Taxes [Per Annum] $ 21,332
Building Size 20'x70'
Year Built 1931
ASF/ASM 2,800/260
 

Photos

5022 Avenue D East Flatbush Brooklyn NY 11203
5022 Avenue D East Flatbush Brooklyn NY 11203
5022 Avenue D East Flatbush Brooklyn NY 11203
5022 Avenue D East Flatbush Brooklyn NY 11203
5022 Avenue D East Flatbush Brooklyn NY 11203
5022 Avenue D East Flatbush Brooklyn NY 11203
5022 Avenue D East Flatbush Brooklyn NY 11203
5022 Avenue D East Flatbush Brooklyn NY 11203
5022 Avenue D East Flatbush Brooklyn NY 11203

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
5022 Avenue D East Flatbush Brooklyn NY 11203

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!
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!

Listing Courtesy of RE/MAX Real Estate Professiona

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775

Care to take a look at this property?

Apartment Features

Exposed Bricks
Hardwood Floors
5022 Avenue D East Flatbush Brooklyn NY 11203
5022 Avenue D East Flatbush Brooklyn NY 11203

Building Details [5022 Avenue D]

Ownership Mixed Use
Block/Lot 4781/10
Building Size 20'x70'
Zoning R4
Year Built 1931
Floors 2
Lot Size 20'x80'

Mortgage Calculator in [US Dollars]

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Loan Amount

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 494393