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For sale
  • $1,489,000

    5022 Avenue D, Brooklyn, NY 11203

    --beds
    2,800sqft
    Loading
    Mixed Use
    Built in 1931
    1,600 Square Feet Lot
    $1,459,700 Zestimate®
    $532/sqft
    $-- HOA

    What's special

    Prominent corner lotCorner property
    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!
    367 days
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    115
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    RE/MAX Real Estate Professiona 718-532-2000,

    Adargisa Cruz-Medina (718) 532-2000

    Source: BNYMLS,MLS#: 494393MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 4
      • 1/2 bathrooms: 4
      Heating
      • Natural Gas, Steam/Radiator
      Appliances
      • Included: Gas Water Heater
      Features
      • Flooring: Hardwood, Tile
      • Basement: Partially Finished
      Interior area
      • Total structure area: 2,800
      • Total interior livable area: 2,800 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Other, 2 Spaces, Attached Garage
      • Has attached garage: Yes
      Features
      • Stories: 2
      Lot
      • Size: 1,600 Square Feet
      • Dimensions: 20x80
      • Features: Back Yard
      Details
      • Foundation area: 1400
      • Parcel number: 047810010
      • Zoning: R4
      • Special conditions: Arm's Length

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Mixed Use
      • Attached to another structure: Yes
      Materials
      • Brick
      • Foundation: Concrete Perimeter
      • Roof: Flat
      Condition
      • Year built: 1931

      Utilities & green energy

      • Electric: 220 Volts, Circuit Breakers

      Community & HOA

      Community
      • Subdivision: Brooklyn
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $532/sqft
      • Tax assessed value: $539,000
      • Annual tax amount: $21,332
      • Date on market: 7/23/2025
      • Cumulative days on market: 368 days
      • Total actual rent: 7900

        Estimated market value

        $1,459,700

        $1.39M - $1.53M

        $6,377/mo

        Price history

        DateEventPrice
        7/23/2025Listed for sale$1,489,000+24.2%$532/sqft
        Source: BNYMLS #494393 Report a problem
        6/30/2022Listing removed--
        Source: RE/MAX International Report a problem
        6/23/2021Listed for sale$1,199,000+11.5%$428/sqft
        Source: BNYMLS #452165 Report a problem
        10/11/2018Sold$1,075,000$384/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$21,903 +2.7%$242,550 +20%
        2024$21,332 $202,050 -0.4%
        2023-- $202,950 +19.9%
        2022-- $169,200 +24.9%
        2021-- $135,450 -16.2%
        2020$18,410 -8.3%$161,640
        2019$20,066 $161,640 +5.5%
        2018-- $153,270
        2017$19,494 +4.8%$153,270 +6.2%
        2016$18,596 $144,342 +8%
        2015$18,596 +52.4%$133,650 +8%
        2014$12,198 $123,750
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: East Flatbush

        Getting around

        86 / 100
        Very Walkable
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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