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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!

Features
Heating System:
Other, Steam
Cooling System:
No
Basement:
See Remarks
Garage Spaces:
2
Interior Features:
Other
Sewer:
Public Sewer
Utilities:
See Remarks
Address Map
City:
NY
State:
NY
County:
Kings (Brooklyn)
Directions:
GPS - 5022 Avenue D Brooklyn NY 11203
Property and Construction
Development Status:
Brick
Agent MlsId:
199837
Office MlsId:
RPFF01
Number Of Units:
4
Special Listing Conditions:
No
Tax Annual Amount:
$21,332
Water Source:
Public
PhotosCount:
9

Residential Income For Sale

5022 Avenue D, New York, NY

4 Bedrooms
2 Bathrooms
$1,489,000
Listing ID #892792
Basic Details
Property Type :
Residential Income
Property SubType :
Quadruplex
Listing ID :
892792
Price :
$1,489,000
Bedrooms :
4
Bathrooms :
2
Bathrooms Total :
2
Building Area :
2,800 Sqft
Year Built :
1931
Status :
Active
Status :
Active
Listing Office :
RE/MAX R E Professionals
Listing Agent :
Adargisa Cruz Medina
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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