10516 Flatlands 4th Street

A moment frozen in timе, thiѕ chаrming twο‐fаmily home in Cаnаrѕіe mаrries classic mid-century character with smart, income-ready functionality. Meticulously maintained across multiple levels, the property offers flexible living arrangements that suit an owner-occupant who wants rental income or a home homeowner that wants to create their dream home. Rich preserved craftsmanship - think mirrored accent walls, decorative tile floors, stained-glass cabinetry and bold period details gives the interior a memorable, one-of-a-kind personality you won’t find in cookie-cutter listings. The thoughtful layout, with multiple kitchens and living rooms, easily accommodates extended family, a live-work setup, or steady rental tenants, so you get both comfortable, spacious living and strong income potential.

The thoughtful layout is spread across multiple levels to maximize privacy and income potential: the first floor opens into a generous 2-bedroom, 1-bath unit with an eat-in kitchen and an open living/dining flow—ideal as a rental or in-law suite; the upper unit is a bright duplex featuring a full living room, an eat-in kitchen with a cozy breakfast nook, a balcony that brings in light and a convenient half bath; the top level offers 3 bedrooms and a full bath, anchored by a primary suite with an ensuite bath and walk-in closet. All together the home delivers flexible living arrangements and room to personalize, so bring your contractor and create your dream home. The basement is full finished and includes a laundry room, full bathroom and access to the backyard. All mechanicals have been upgraded. Low annual taxes approx. 7,000/yr. Transportation includes access to the belt parkway, local buses along Flatlands Ave and L-train at Rockaway Parkway/Canarsie. The search is over, finally welcome home!