Two-Family Brick Home in
5415 Glenwood Road Brooklyn, NY 11234
5415 Glenwood Road, Brooklyn, NY, 11234
$899,000
For Sale
$899,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,394 SF
Lot Size0.05 Acres
Price / SF$375.52
Days on Market167
Property Features for 5415 Glenwood Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 1, Bathroom 2
- Parking features
- Carport
- Interior features
- Microwave, Refrigerator, Stove
- Basement
- Full
- Standard status
- Active
- Size
- 2,394 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7860
Building Details
- Year built
- 1935
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Shingle
Listing Agency
Kaloshi Real Estate Inc
(718) 287-5200
915 Coney Island Ave, Brooklyn, NY
Listed by
Javed Iqbal · License #10311203437
(718) 287-5200
Added: Feb 3 Updated: Jul 11 at 7:34 pm Checked: Jul 20 at 9:06 pm
MLS# 498765
Listing URL
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 solid two-family brick home in Brooklyn features a total of 5 bedrooms and 2.5 bathrooms. The property includes a private driveway and a rear backyard. It is suitable for owner-occupants or investors looking for steady income. The location offers convenient access to schools, bus transportation, supermarkets, shopping, and neighborhood amenities. The area has strong rental demand and excellent long-term upside. Unit 1 has 3 bedrooms and 1.5 bathrooms, with a projected rent of $3,200 per month. Unit 2 has 2 bedrooms and 1 bathroom, with a projected rent of $2,500 per month. The property size is 2,394 square feet, situated on a lot of 0.0455 acres.
Key Highlights
- Brick two‑family home built in 1935 with a total of 5 bedrooms and 2.5 bathrooms
- Unit 1 offers 3 beds and 1.5 baths with projected rent of $3,200/month
- Unit 2 offers 2 beds and 1 bath with projected rent of $2,500/month
Local Financial Insights For Apartment 5plus
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 | $135.6k | $56.64 |
| − Vacancy | −$2.7k | −$1.13 |
| EGI | $132.9k | $55.51 |
| − OpEx | −$59.8k | −$24.98 |
| NOI | $73.1k | $30.53 |
2,394 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.20M
$1.05M – $1.40M
NOI $83,842 @ 7.0% cap · market cap 9.33%
Second Best
Apartment 5plus
$1.04M
$913.6K – $1.22M
NOI $73,086 @ 7.0% cap · market cap 8.13%
Theoretical Best
Specialty Retail
$1.98M
$1.73M – $2.31M
NOI $138,756 @ 7.0% cap · market cap 15.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family brick home with backyard, driveway, and income potential.
Where is this duplex located?
The property is located at 5415 Glenwood Road Brooklyn, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Brick two‑family home built in 1935 with a total of 5 bedrooms and 2.5 bathrooms; Unit 1 offers 3 beds and 1.5 baths with projected rent of $3,200/month; Unit 2 offers 2 beds and 1 bath with projected rent of $2,500/month
