563 Glenmore Ave Brooklyn, NY 11207
New
High-income mixed-use property with storefront and residential units in Brooklyn.
Type:Commercial
- Added:
- Apr 24, 2026
- Days on Market:
- 4
- Last Refresh:
- Apr 24 at 3:19 pm
Property Features for 563 Glenmore Ave
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1935
Listing agent Carlos A. Gaviria (516) 965-4996
Listing office InstaHomes Realty LLC (516) 965-4996
Listing date Apr 24, 2026
Source Elliman
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All listing content including descriptions, pricing, images are the copyrighted material of InstaHomes Realty LLC
Overview
Mixed-Use Property with Income Potential
This mixed-use property features two residential units and a storefront, offering multiple income streams. The front unit has a duplex layout with a finished basement, suitable for a live/work setup. The rear of the first floor includes a one-bedroom unit, and the top floor features a four-bedroom unit. The property is fully electric, with tenants responsible for their own heat, hot water, and electricity. Additional income potential exists with a separate basement section that can be monetized for storage or coin-operated laundry. Located in a growing Brooklyn area with foot traffic, accessibility, and ongoing development, this property may qualify for FHA financing for owner-occupants. It is located in a rapidly growing Brooklyn corridor with strong foot traffic, accessibility, and ongoing development.
Location Intelligence
Current Use by Public Records
AMAZONLOCAL
Restaurant
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.889382
- Latitude
- 40.674355
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - High-income mixed-use property with storefront and residential units in Brooklyn.
Where is this mixed-use property located?
The property is located at 563 Glenmore Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: High‑income producing mixed‑use property with over $140,000/year in projected gross income.; Estimated 9.7% cap rate at a $1.35M purchase price with low expenses and property taxes.; Fully electric building with tenants paying their own utilities, dramatically reducing landlord overhead.
