1156 Glenmore Avenue

New York NY 11208

1600 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Exceptional income-producing opportunity in Brooklyn! This legal brick three-family property combines strong cash flow, a versatile layout, and a convenient location, making it an excellent choice for both investors and owner-occupants. This three-story property features three spacious 3-bedroom apartments, along with a full finished basement that offers valuable bonus space. The apartments have been updated, and the property features new electrical upgrades, providing modern improvements already in place. Currently generating gross rental income of $141,552 per year, this property presents an outstanding investment opportunity. Tenants pay their own electric and cooking gas. Conveniently located near the Grant Avenue A train station, as well as the Q8 and Q112 bus lines, commuting throughout Brooklyn, Queens, and Manhattan is simple. Enjoy close proximity to parks, shopping, supermarkets, restaurants, schools, and everyday conveniences. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income, this versatile Brooklyn property offers an exceptional opportunity.

Features

9 bedrooms

4 bathrooms

1600 sq. ft. lot size

Multi-Family

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