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563 Glenmore Ave Brooklyn, NY 11207

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For Sale
$1,350,000

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

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Listing Contact
Carlos A. Gaviria
Carlos A. Gaviria

Listing agent Carlos A. Gaviria

Listing office InstaHomes Realty LLC

Listing date Apr 24, 2026

Source Elliman

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

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

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.889382
Latitude
40.674355

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.
More about this property
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