*A two-story mixed-use building in East New York, Brooklyn. *Property consists of a ground floor retail and a 3-bedroom apartment on the second floor. *The deli is currently on the third year of a 5-year lease. *The retail tenant has annual escalations of $100. *Tenants pay their own electricity. *Gas expenses are only for heat. *The asking price is set at $595,000 ~ please speak to exclusive agent for more details. *Cap Rate ~ 5.22% *GRM ~ 13.77 *PPSF: $330.55
Off market
$606,200
416 Glenmore Ave, Brooklyn, NY 11207
3beds
1,800sqft
MultiFamily
Built in 1910
-- sqft lot
$606,200 Zestimate®
$337/sqft
$3,121 Estimated rent