5022 Avenue D East Flatbush, NY 11203
East Flatbush NeighborhoodEstimated payment $10,025/month
Total Views
15
4
Beds
2
Baths
2,800
Sq Ft
$532
Price per Sq Ft
About This Home
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 Agent
RE/MAX R E Professionals Brokerage Phone: 718-872-5521 License #10401346753 Listed on: 07/23/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,332
Year Built
- Built in 1931
Lot Details
- 1,600 Sq Ft Lot
Parking
- 2 Car Garage
Home Design
- Quadruplex
- Brick Exterior Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- Heating System Uses Steam
Listing and Financial Details
- Assessor Parcel Number 04781-0010
Community Details
Overview
- 4 Units
Building Details
- 600 Separate Electric Meters
- 4 Separate Gas Meters
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21,332 | $242,550 | $24,300 | $218,250 |
| 2024 | $21,332 | $202,050 | $24,300 | $177,750 |
| 2023 | $19,381 | $202,950 | $24,300 | $178,650 |
| 2022 | $17,898 | $169,200 | $24,300 | $144,900 |
| 2021 | $16,616 | $135,450 | $24,300 | $111,150 |
| 2020 | $12,462 | $161,640 | $24,300 | $137,340 |
| 2019 | $20,290 | $161,640 | $24,300 | $137,340 |
| 2018 | $19,494 | $153,270 | $18,433 | $134,837 |
| 2017 | $19,494 | $153,270 | $20,187 | $133,083 |
| 2016 | $18,609 | $144,342 | $20,458 | $123,884 |
| 2015 | $12,198 | $133,650 | $22,624 | $111,026 |
| 2014 | $12,198 | $123,750 | $24,300 | $99,450 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | For Sale | $1,489,000 | -- | $532 / Sq Ft |
Source: OneKey® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,075,000 | -- | |
| Deed | -- | The Title Guarantee Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $700,000 | Unknown | |
| Closed | $564,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in the area
Source: OneKey® MLS
MLS Number: 892792
APN: 04781-0010
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.
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