Charming Two-Family Investment Home in Canarsie

 

- 5 Bedrooms - 3 Bathrooms - Driveway - Balcony - 30' x 100' Lot - Excellent Location - Income Potential

Say hello to 10536 Flatlands 1 Street, a well-proportioned two-family home built in 1960, nestled in Canarsie's welcoming neighborhood. This solid frame structure spans over 2,100 sq ft and sits on over 3,000 sq ft lot, offering a desirable 3-bedroom, 2-bathroom unit over a 2-bedroom, 1-bathroom unit - perfect for multi-generational living, generating rental income, or a combination of both. The upper unit features three bedrooms with access to two full bathrooms and a private balcony, creating a relaxing outdoor space right at home. The lower unit offers two bedrooms with one full bathroom (please note: the second bedroom is not shown in photos), making it ideal for extended family or rental income. A private driveway adds tremendous value, offering off-street parking - a rare and highly desirable feature in Brooklyn. This property needs a bit of TLC, making it an excellent opportunity for buyers or investors looking to customize, renovate, or add value in a prime Brooklyn location. Located in a transit-forward community, enjoy effortless commuting with a Transit Score of 87, comfortable walkability, access to schools like PS 279 and IS 211, and proximity to green spaces, shopping, and everyday essentials. An attractive prospect for both homeowners and investors, with a 2025-2026 spot on market value around $799,000, modest property taxes (approx. $7,260), and Zillow's rent estimate of $3,500/month and $2500/month respectively. Whether you're seeking an ideal owner-occupied investment or a passive income opportunity, 10536 Flatlands 1 Street stands out with its stability, versatility, and prime location. Schedule a private showing today - won't last long!