Duplex with Finished
521 Glenmore Ave, Brooklyn, NY 11207
For Sale
$1,199,000
Residential Income, Brooklyn, NY
Property Size2,420 SF
Lot Size0.05 Acres
Price / SF$495.45
Days on Market194
Property Features for 521 Glenmore Ave
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Interior features
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Water source
Amenities
fully finished basement
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
SAINT WALKER REALTY INC
Listed By:
Rudolph Walker
Added: May 1
Changed: Nov 8
Last Checked: Nov 10 at 9:06PM
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.
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Investment Insights
Based on property information with market context.
This 2,420-square-foot duplex, built in 2004, has a three-bedroom unit over a second three-bedroom unit and five full bathrooms. A finished basement adds additional interior space. The property also includes a private garage and driveway parking for up to five cars.
The 0.0459-acre property is near Gateway Mall, with transportation, shopping, and everyday services described as accessible from the surrounding neighborhood. Interior details include hardwood flooring, an entrance foyer, stucco construction, and hot water and steam heating.
The 0.0459-acre property is near Gateway Mall, with transportation, shopping, and everyday services described as accessible from the surrounding neighborhood. Interior details include hardwood flooring, an entrance foyer, stucco construction, and hot water and steam heating.
Key Highlights
- Two three‑bedroom units arranged one above the other
- Finished basement
- Five full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,753
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,695,060
$1.7M
Cap Rate 7%
$1,210,757
$1.2M
Cap Rate 9%
$941,700
$941.7K
Market Conditions
NOI Build-Up for 2,420 SF
Gross rent
$123.4K $51.00/SF
− Vacancy
−$2.3K −$0.97/SF
EGI
$121.1K $50.03/SF
− OpEx
−$36.3K −$15.01/SF
NOI
$84.8K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,695,060
Cap Rate 7%
$1,210,757
Cap Rate 9%
$941,700
Alternative Uses
Best Use
Multifamily LT 5
$1.21M
$1.06M – $1.41M
NOI $84,753 @ 7.0% cap · market cap 7.07%
Second Best
Apartment 5plus
$1.06M
$923.5K – $1.23M
NOI $73,880 @ 7.0% cap · market cap 6.16%
Theoretical Best
Specialty Retail
$2.00M
$1.75M – $2.34M
NOI $140,263 @ 7.0% cap · market cap 11.70%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,139
Businesses Nearby
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Business Placement
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
$657,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Brooklyn, NY
Properties on Market for Duplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A two-family layout combines separate living areas with a finished basement and on-site 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 $1,199,000.
What are key features of this property?
This property features: Two three‑bedroom units arranged one above the other; Finished basement; Five full bathrooms
