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Two-Family Home with Private Garage
For Sale
$1,199,000

521 Glenmore Ave, Brooklyn, NY 11207

MULTI_FAMILY - Other - Brooklyn, NY

Property Size2,420 SF
Lot Size0.05 Acres
Price / SF$495.45
Days on Market97

Property Features for 521 Glenmore Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential
Bedrooms 6
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 4, Bedroom 5, Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 5, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 6
Interior features Entrance Foyer
Subdivision East New York
Standard status Active
Size 2,420 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 8500

Utilities

Heating system Steam, Hot Water(Heating)
Water source Public

Building Details

Year built 2004
Floors in Building 2
Flooring type Hardwood
Building materials Stucco
Roof type Asphalt
Architectural style Other
Listing Agency: SAINT WALKER REALTY INC
Listed By: Rudolph Walker
Added: May 1 Changed: Aug 3 Last Checked: Aug 5 at 3:06PM
MLS# 11737968

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-family home offers a 3-bedroom over 3-bedroom layout with five full bathrooms. The residence includes a fully finished basement and an entrance foyer. Interior finishes include hardwood flooring, with heating provided by steam and hot water systems. Construction features stucco exterior materials, and the roof is asphalt. Public water services the property.

The home is situated on a 0.0459-acre lot at 521 Glenmore Ave in Brooklyn, NY 11207 (Kings County). Additional parking is available with a private garage plus driveway parking.

The property is configured for multi-family living, with two separate units within the overall home footprint and basement space that can support additional living or work uses.

Key Highlights

  • 0.0459‑acre lot with two‑family configuration
  • 3‑bedroom over 3‑bedroom layout
  • Five full bathrooms

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $123.4k $51.00
− Vacancy −$2.3k −$0.97
EGI $121.1k $50.03
− OpEx −$36.3k −$15.01
NOI $84.8k $35.02
2,420 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,753 @ 7.0% cap · market cap 7.07%
Second Best
Apartment 5plus
$1.06M
$923.5K – $1.23M (±1% cap)
NOI $73,880 @ 7.0% cap · market cap 6.16%
Theoretical Best
Specialty Retail
$2.00M
$1.75M – $2.34M (±1% cap)
NOI $140,263 @ 7.0% cap · market cap 11.70%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,139
Businesses Nearby

Demographics for 11207, NY

100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family home with a private garage and driveway parking, built in 2004 with public water and hardwood flooring.
Where is this duplex located?
The property is located at 521 Glenmore Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 0.0459‑acre lot with two‑family configuration; 3‑bedroom over 3‑bedroom layout; Five full bathrooms
More about this property
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