Buy with Yoreevo
$1,459,220
List Price: $1,489,000
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5022 Avenue D
House in Farragut •  building info
4bd • 2ba • 1,600ft² $931 per ft²
Buy with Yoreevo

$1,459,220

List Price

$1,489,000

Key Details
Days on market
25
Last price change
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Estimated payment
$10,248/mo
Taxes
$1,778/mo
Maintenance
N/A
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!

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Building amenities
Services and facilities
Parking

Garage

Building info

History
What it'll cost
Purchase price
$1,489,000
Asking Price: $1,489,000
Term
30 Years
Down Payment
$148,000 (10%)
Min: 10% (148,000)
Rate
6.5 %
Mortgage Amount
$1,340,100
Mortgage Payment
$8,470
Taxes
$1,778
Estimated Yoreevo rebate
$29,780
Estimated closing cost
$54,000
Total monthly cost $10,248
Buy your dream home with us and get an estimated $29,780 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of RE/MAX R E Professionals

Information ©2025, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.