Brick Duplex with Private
For Sale
$899,000
5415 Glenwood Road, Brooklyn, NY 11234
Residential, Brooklyn, NY
Property Size2,394 SF
Lot Size0.05 Acres
Price / SF$375.52
Days on Market249
Property Features for 5415 Glenwood Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 1, Bathroom 3, Bathroom 2
Parking features
Carport
Interior features
Microwave, Refrigerator, Stove
Basement
Full
Subdivision
East Flatbush
Standard status
Active
Size
2,394 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
7860
Amenities
private driveway
rear backyard
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
Listed By:
Javed Iqbal · License #JI2929
(347) 234-1049
Added: Feb 3
Changed: Oct 10
Last Checked: Oct 10 at 12:06PM
MLS# 498765
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 2,394-square-foot duplex is a two-family brick residence built in 1935. The property contains five bedrooms and 2.5 bathrooms across two units: Unit 1 offers 3 bedrooms and 1.5 bathrooms, while Unit 2 includes 2 bedrooms and 1 bathroom. Interior features include hardwood flooring, a microwave, refrigerator, and stove.
The 0.0455-acre parcel includes a private driveway, carport, and rear backyard. The property is zoned R4 and located in Brooklyn, NY 11234, near schools, bus transportation, supermarkets, shopping, and neighborhood amenities.
The 0.0455-acre parcel includes a private driveway, carport, and rear backyard. The property is zoned R4 and located in Brooklyn, NY 11234, near schools, bus transportation, supermarkets, shopping, and neighborhood amenities.
Key Highlights
- Two‑family brick residence built in 1935
- 2,394 square feet with 5 bedrooms and 2.5 bathrooms
- Unit 1: 3 bedrooms and 1.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,086
Cap Rate
8.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,461,720
$1.5M
Cap Rate 7%
$1,044,086
$1.0M
Cap Rate 9%
$812,067
$812.1K
Market Conditions
NOI Build-Up for 2,394 SF
Gross rent
$135.6K $56.64/SF
− Vacancy
−$2.7K −$1.13/SF
EGI
$132.9K $55.51/SF
− OpEx
−$59.8K −$24.98/SF
NOI
$73.1K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,461,720
Cap Rate 7%
$1,044,086
Cap Rate 9%
$812,067
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 authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,169
Businesses Nearby
Explore this area
Business Placement
Demographics for 11234, NY
92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with five bedrooms, 2.5 bathrooms, and a rear backyard.
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: Two‑family brick residence built in 1935; 2,394 square feet with 5 bedrooms and 2.5 bathrooms; Unit 1: 3 bedrooms and 1.5 bathrooms
