*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
Sold for $600,000 on 10/14/25
$600,000
416 Glenmore Ave, Brooklyn, NY 11207
3beds
1,800sqft
MultiFamily
Built in 1910
-- sqft lot
$688,300 Zestimate®
$333/sqft
$3,185 Estimated rent