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Two-Family Home with 3 Bedrooms Each

521 Glenmore Ave Brooklyn, NY 11207

Claim this Listing
For Sale
$1,295,000

MULTI_FAMILY - Other - Brooklyn, NY

Property size:
2,420 SF
Lot size:
0.05 Acres
Price / SF:
$535/SF
Added:
May 1, 2026
Days on Market:
73
Last Refresh:
Jul 12 at 8:06 pm

Property Features for 521 Glenmore Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Rooms
Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 2
Interior features
Entrance Foyer
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
4
Flooring type
Hardwood
Building materials
Stucco
Roof type
Asphalt
Architectural style
Other

Listing agent Rudolph Walker

Listing office SAINT WALKER REALTY INC 1442 Fulton st, BROOKLYN, NY

Listing date May 1, 2026

MLS# 11737968 Listing URL

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 is arranged as a 3-bedroom-over-3-bedroom layout with three full bathrooms, designed to accommodate both comfortable living and multi-generational or roommate-style arrangements. A fully finished basement adds flexible interior space for recreation, an office, or extended living. Off-street parking includes a private garage and driveway parking for up to five cars.

Located at 521 Glenmore Ave in Brooklyn, the property is described as being near Gateway Mall, with access to transportation and everyday shopping conveniences.

The configuration supports owner-occupancy with the option to rent one unit, or the possibility of managing rental income from both. The combination of multiple bedrooms, full bathrooms, a finished basement, and on-site parking makes the home practical for tenants and buyers seeking a straightforward duplex layout.

Key Highlights

  • Two‑family home with a 3‑bedroom over 3‑bedroom layout
  • 3 full bathrooms plus a fully finished basement for added living space
  • Private garage and driveway parking for up to 5 cars

Local 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 6.54%
Second Best
Apartment 5plus
$1.06M
$923.5K – $1.23M (±1% cap)
NOI $73,880 @ 7.0% cap · market cap 5.71%
Theoretical Best
Specialty Retail
$2.00M
$1.75M – $2.34M (±1% cap)
NOI $140,263 @ 7.0% cap · market cap 10.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Cafe & Coffee Shop Accounting Firm Bar & Pub Nursing Home

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

FAQs

What type of property is this?
Duplex - Duplex offers 3-bedroom over 3-bedroom units, finished basement, and private garage with driveway parking.
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 $1,295,000.
What are key features of this property?
This property features: Two‑family home with a 3‑bedroom over 3‑bedroom layout; 3 full bathrooms plus a fully finished basement for added living space; Private garage and driveway parking for up to 5 cars
Contact an agent
More about this property
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