For Sale
$649,000

416 Glenmore Ave Brooklyn, NY 11207

Prime Brooklyn Mixed-Use Building, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional mixed-use property, located at 416 Glenmore Avenue in Brooklyn, New York (zip code 11207), presents a compelling investment opportunity. The building boasts a total of 2,800 square feet, currently 50% occupied. The ground floor comprises a retail space, ideal for a variety of businesses, benefiting from excellent foot traffic and a highly visible location. Directly across the street are the A and C subway lines, with bus stops conveniently located adjacent to the building. The second floor features a three-bedroom, one-bathroom apartment currently occupied by a long-term tenant with a history of on-time rent payments, providing immediate and reliable rental income. This property offers a strong rate of return and low property taxes, making it an attractive investment. The asking price is $649,000. Don't miss this chance to acquire a well-situated mixed-use building in a thriving Brooklyn neighborhood. This property is ready for immediate income generation and future appreciation.

Highlights

  • Exceptional mixed-use investment opportunity in prime Brooklyn location (416 Glenmore Ave, 11207).
  • 2,800 square foot building, currently 50% occupied.
  • Ground floor retail space with high visibility and excellent foot traffic.
  • Conveniently located near A & C subway lines and bus stops.
  • Second floor features a three-bedroom, one-bathroom apartment with a reliable long-term tenant.
  • Asking price: $649,000.

Property Details for 416 Glenmore Ave

Property type
Mixed-use properties
Square Feet
2,800 SF

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6732044
Longitude
-73.8949595

FAQs

What type of property is this?
Mixed-use property - Prime Brooklyn Mixed-Use Building, High ROI
Where is the mixed-use property located?
The property is located at 416 Glenmore Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Exceptional mixed-use investment opportunity in prime Brooklyn location (416 Glenmore Ave, 11207).; 2,800 square foot building, currently 50% occupied.; Ground floor retail space with high visibility and excellent foot traffic.
How can I contact the broker?
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416 Glenmore Ave
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