Three-Family Property with Finished
For Sale
$999,000
Pending
965 Glenmore Avenue, Brooklyn, NY 11208
Residential Income, Brooklyn, NY
Property Size3,300 SF
Days on Market175
Property Features for 965 Glenmore Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
10
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 5, Bedroom 9, Basement, Bedroom 3, Bedroom 10, Bedroom 6, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 7, Bedroom 8, Bedroom 2, Bedroom 1
Parking features
On Street
Interior features
Eat-in Kitchen
Basement
Finished
Elementary school
Ps 345 Patrolman Robert Bolden
Middle school
Call Listing Agent
High school
Contact Agent
Elementary school district
Brooklyn 19
Middle school district
Contact Agent
High school district
Contact Agent
Standard status
Pending
APN
3-04192-0046
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4648
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Amenities
newly paved and fenced back yard
Building Details
Year built
1899
Number of units
3
Building materials
Frame
Buildings
1
Listing Agency:
Real Broker NY LLC
(855) 450-0442
Listed By:
Barbara Piascik
(718) 300-5015
Added: May 7
Changed: Oct 23
Last Checked: Oct 28 at 9:06PM
MLS# 996806
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.
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Investment Insights
Based on property information with market context.
This 1899 frame triplex contains approximately 3,300 square feet within a 20-foot by 55-foot footprint. The first floor has a two-bedroom apartment, while the second and third floors each contain three-bedroom units. The second-floor residence includes an updated kitchen. A finished basement adds a full bathroom and its own exterior entrance. The property also includes a newly paved, fenced backyard.
The building is located on Glenmore Avenue in Brooklyn, near shopping, dining, schools, parks, public transportation, and major highways. The A and C train lines are nearby. Public water and sewer serve the property, with natural-gas heating and wall or window cooling units. Parking is available on the street. The first- and second-floor apartments have paying tenants, while the third-floor unit and basement are vacant.
The building is located on Glenmore Avenue in Brooklyn, near shopping, dining, schools, parks, public transportation, and major highways. The A and C train lines are nearby. Public water and sewer serve the property, with natural-gas heating and wall or window cooling units. Parking is available on the street. The first- and second-floor apartments have paying tenants, while the third-floor unit and basement are vacant.
Key Highlights
- Approximately 3,300 square feet in a 20 ft x 55 ft footprint
- Three‑family layout with 2‑bedroom first‑floor and 3‑bedroom second- and third‑floor units
- Finished basement with full bathroom and separate outside entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,712
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,694,240
$1.7M
Cap Rate 7%
$1,210,171
$1.2M
Cap Rate 9%
$941,244
$941.2K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$126.7K $38.40/SF
− Vacancy
−$5.7K −$1.73/SF
EGI
$121.0K $36.67/SF
− OpEx
−$36.3K −$11.00/SF
NOI
$84.7K $25.67/SF
Area
ZIP 11208
Vacancy
4.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,694,240
Cap Rate 7%
$1,210,171
Cap Rate 9%
$941,244
Alternative Uses
Best Use
Multifamily LT 5
$1.21M
$1.06M – $1.41M
NOI $84,712 @ 7.0% cap · market cap 8.48%
Second Best
Apartment 5plus
$1.08M
$942.9K – $1.26M
NOI $75,428 @ 7.0% cap · market cap 7.55%
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M
NOI $141,343 @ 7.0% cap · market cap 14.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
66.7%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,997
Businesses Nearby
Explore this area
Business Placement
Demographics for 11208, NY
101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - First- and second-floor apartments are occupied; the third-floor unit and basement are vacant.
Where is this triplex located?
The property is located at 965 Glenmore Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Approximately 3,300 square feet in a 20 ft x 55 ft footprint; Three‑family layout with 2‑bedroom first‑floor and 3‑bedroom second- and third‑floor units; Finished basement with full bathroom and separate outside entrance
