Brooklyn Mixed-Use Income
563 Glenmore Avenue, Brooklyn, NY 11207
MULTI_FAMILY - Brooklyn, NY
Lot size:
0.03 Acres- Added:
- Apr 17, 2026
- Days on Market:
- 33
- Last Refresh:
- May 19 at 1:06 am
Property Features for 563 Glenmore Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Interior features
- First Floor Bedroom
- Basement
- Finished
- Standard status
- Active
- APN
- 03979-0036
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2243
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Wall/Window Unit(s), Window Unit(s), Ductless
- Water source
- Public
Building Details
- Year built
- 1935
- Number of units
- 3
- Building materials
- Brick
Listing agent Carlos A. Gaviria (516) 965-4996
Listing office Instahomes Realty LLC 359 St Nicholas Ave, RICHMOND HILL, NY (718) 709-9009
Listing date Apr 17, 2026
MLS# 987131
Listing URL
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High‑income potential: Projected gross income of over $140,000/year.
- Extremely low expenses: Tenants cover their own utilities, plus very low property taxes (~$2,243/year).
- Potential for owner‑occupancy with FHA financing: Qualified buyers may purchase with as little as 3.5% down.
- Mixed‑use property: Combines residential units and a prime storefront.
- Additional income opportunities: Separate basement section can be monetized.
- Located in a rapidly growing Brooklyn corridor.
Overview
This mixed-use property in Brooklyn features two residential units and a storefront. The front unit has a duplex layout with a finished basement. 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. The property may qualify for FHA financing for owner-occupants. The property is located in a rapidly growing Brooklyn corridor with strong foot traffic, accessibility, and ongoing development. The lot size is 0.0344 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
AMAZONLOCAL
Restaurant
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.889448
- Latitude
- 40.674341
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - High-income mixed-use property with storefront and residential units.
Where is this mixed-use property located?
The property is located at 563 Glenmore Avenue 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 potential: Projected gross income of over $140,000/year.; Extremely low expenses: Tenants cover their own utilities, plus very low property taxes (~$2,243/year).; Potential for owner‑occupancy with FHA financing: Qualified buyers may purchase with as little as 3.5% down.
