677 Glenmore Avenue, Brooklyn, NY 11207

$1,999,999

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List Price
$1,999,999
MLS#
1025752
Number Of Families
6
Status
ACTIVE
Lot Size
2750

Property Description

Why buy a 4 family when you can get a destabilized 6 family for the same or even less? 6 Apartments. ALL MARKET RENTS! NOT rent stabilized! NOT rent regulated! BONUS: Tenants pay their own utilities including heat, gas and electricity…low operating expenses! Priced to sell! This rare find is a great investment opportunity! Totally Renovated in 2007 this 6 family building has 5 three bedroom apartments and 1 two bedroom; Laundry with coin operated machines; plenty of basement area for storage and rentable space …multiple opportunities to increase income! This is a rare opportunity for up and coming Central East New York. This property offers strong current cash flow with significant long-term appreciation potential. Rent-roll and income & expense spreadsheets available. DHCR destabilization documents available for investors and prequalified owner occupied buyer. Whether you’re an experienced investor looking to maximize returns or a qualified owner-occupant seeking a larger income-producing property, this is an exceptional opportunity.

Additional Information

Year Built
1935
School District
Brooklyn 19
Total Taxes
19113
Heating
Baseboard
Parking
On Street
Basement
Common, Storage Space
Water
Public
Sewer
Public Sewer
Taxes
$19,113

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Vinneth Barnes (jbarnesassets@gmail.com) from Listing Office: JBarnes & Associates Inc.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.