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About This Home
This 0-bedroom, 0-bathroom single family at 5022 Avenue D in Brooklyn, NY is listed for $1,489,000 ($532 per sqft). Built in 1931, the home offers 2,800 sqft of living space on a 0.04 acres lot.
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!
Key Features
- Built in 1931
- 0.04 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$7,963/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5022 Avenue D
Brooklyn, NY 11203
Property Details
Flooring
Construction
Parking
Questions & Answers
This 0-bedroom, 0-bathroom single family at 5022 Avenue D is listed at $1,489,000 ($532/sqft). The estimated monthly payment is $6,452 based on 20% down at 6.5% interest.
Key features include: Built in 1931, 0.04 acre lot, 2 stories.
This property is listed by Adargisa Cruz-Medina and can be reached at (718) 532-2000 or isamed45@gmail.com.
