521 Glenmore Ave, Brooklyn, NY 11207
MULTI_FAMILY - Other - Brooklyn, NY
Property Features for 521 Glenmore Ave
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
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 |
Alternative Uses
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Current Use
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Location Intelligence
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Demographics for 11207, NY
Market
Vacancy Rate% for Multifamily in Northeast region