416 Glenmore avenue, East New York, NY 11207

2 Photos
Front
$575,000 List Price
Off Market
 
Listing ID 11118032
Property Type Commercial Building
County Kings
Township Brooklyn
Neighborhood East New York
Total Tax $1,971
Tax ID 3722/12
FEMA Flood Map fema.gov/portal
Year Built 1910
   
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Two-story mixed-use building in the East New York, Brooklyn

Asset CRG Advisors, LLC has been exclusively retained to market 416 Glenmore Avenue, a mixed-use building for sale in the East New York neighborhood of Brooklyn. The property is situated on a 1,000 square foot lot and is comprised of 1,800 built square feet. The building consists of a ground floor retail and a 3-bedroom apartment on the 2nd floor. The property is located between New kersey Avenue & Vermont Street. The property is well positioned with great access to public transportation, located just a block away from Liberty Avenue [C] train station. The property is also located near multiple [B20], [B83] bus stations. Ownership has set the asking price at $575,000, which reflects a 5.4% cap rate.
Property Details
  • 1 Full Bath
  • 1800 SF
  • 1000 SF Lot
  • Built in 1910
  • 2 Stories
  • Available 10/31/2022
Unit Information
Unit #1 – Gross Area: 900, Rent Price: 1800, Bedrooms: 3, Full Baths: 1, Occupied
Unit #2 – Gross Area: 900, Rent Price: 1800, Occupied
Exterior Features
  • Masonry - Brick Construction
  • Street View
Commercial Info
  • 5% Cap. Rate
Income/Expenses
  • Gross Income $43,200
  • Net Income $31,063
  • Paid by Landlord: Water, Insurance
Taxes and Fees
  • $1,971 City Tax
  • $1,971 Total Tax
  • Tax Year 2022
Previously Listed By
ASSET CRG ADVISORS LLC
Office: 646-363-6213
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