5022 Avenue D Brooklyn, NY $ 1,489,000
5022 Avenue D
$ 1,489,000
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5022 Avenue D

Brooklyn, NY, 11203
$ 1,489,000
Bedrooms-- Baths-- Sq 2,800

Monthly Estimate*

$ 9,289

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Commercial Property for sale in Brooklyn, NY

for $1,489,000. This 2,800 square foot building was built in 1931 on a lot size of 0.036731.

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!

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Commercial Active

Price

$ 1,489,000

Property Type

Commercial

Taxes

$ 21,332

Style

Mixed Use

Lot Size

0.036731

Year Built

1931

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

494393

Features
Interior
Heating Fuel Gas
Flooring Hardwood Tile
Hot Water Gas
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General
Ceiling Height Other
Roof Flat
Zoning R4
Electric 220 V Circuit Breakers
Stories Count 2
Property Type Mixed Use
Block 4781
Yearly Taxes 21332.00
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Attached
Status Active
Construction Materials Brick
Cumulative Days on Market 153
MLS Area East Flatbush
Sub Type Mixed Use
Year Built 1931
City Brooklyn
DOM 153
# Families 2
Public Remarks 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
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Exterior
Exterior Brick
Foundation Poured Concrete
Parking Attrib 2 Spaces Attached Garage
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Re/Max Real Estate Professiona

Broker

(718) 532-2000

Phone

Affordability Calculator

$11,067
Per Month
84%
16%
0%
Monthly Principal & Interest
$9,289
Monthly Property Taxes
$1,778
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/23/2025$1,489,000 Listed Price

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5022 Avenue D, Brooklyn, NY, 11203 is a Commercial Property for sale at $1,489,000 with 2,800 sqft and a lot size of 0.036731. 5022 Avenue D was built in 1931. The property's zip code is 11203 which is in Brooklyn, NY