Prime Investment Opportunity in East Flatbush: 4114 Avenue D, Brooklyn, NY 11203
Are you on the lookout for a promising investment or a property that offers both residential and commercial potential? Look no further than 4114 Avenue D in East Flatbush, Brooklyn. Priced at $1,199,000, this mixed-use building is a gem in the heart of the "Little Caribbean" area of Brooklyn.
This property is a fantastic opportunity for both seasoned investors and first-time buyers. The ground floor features an established commercial space, providing immediate rental income potential. Whether you envision a retail store, office space, or another business venture, this commercial area is versatile and ready for your entrepreneurial ideas.
The second floor boasts a fully refurbished three-bedroom apartment. With modern amenities and ample living space, this unit can attract high-quality tenants or serve as a comfortable residence for the property owner. The dual-income streams from both residential and commercial tenants make this property a lucrative investment.
The current zoning of R4/C1-2 further enhances its appeal by offering flexibility in use. This zoning allows for residential units above commercial spaces, making it ideal for mixed-use development.
Location is key when it comes to real estate investments, and 4114 Avenue D does not disappoint. Situated just blocks away from the 2 & 5 Train lines, commuting to other parts of Brooklyn and Manhattan is convenient and quick. Kings Highway offers a plethora of shopping and dining options, while Paerdegat Park provides green space for recreation. Additionally, Brooklyn College is nearby, adding to the pool of potential renters for the residential unit.
In summary, 4114 Avenue D in East Flatbush is more than just a property; it's an investment in one of Brooklyn's most vibrant neighborhoods. Its prime location, mixed-use potential, and dual-income streams make it an excellent choice for investors looking to maximize their returns. Don't miss out on this exceptional opportunity to own a piece of Brooklyn real estate!
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