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    425 Glenmore Ave Brooklyn, NY 11207

    For Sale
    $1,600,000

    Commercial building with redevelopment potential in prime location.

    Lot size:
    0.06 Acres

    Property Features for 425 Glenmore Ave

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1930

    Source: Connect RE Corp. Agent Aileen Yambo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East New York Development Site

    This East New York property presents a redevelopment opportunity. Currently, the site features a one-story commercial building, operating as a furniture store. The property is an R6A corner lot with dimensions of 25x100, totaling 2,500 square feet. The zoning allows for approximately 7,500 buildable square feet, making it suitable for mixed-use or multifamily development. The location offers excellent visibility and is situated near public transportation and shopping areas.
    Insight Report Location Intelligence

    Current Use by Public Records

    Benny Second Hand Second Hand Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.894935
    Latitude
    40.673389

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    FAQs

    What type of property is this?
    Commercial land - Commercial building with redevelopment potential in prime location.
    Where is this commercial land located?
    The property is located at 425 Glenmore Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - Prime East New York development site.; - R6A corner lot (25x100, 2,500 SF) allows approx. **7,500 buildable SF**.; - Ideal for mixed-use or multifamily development.
    (646) 261-4698
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    425 Glenmore Ave Brooklyn, NY 11207
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    Brooklyn, NY 11207
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    425 Glenmore Ave Brooklyn, NY 11207
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