576 Glenmore Ave Brooklyn, NY 11207
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 576 Glenmore Ave
- Property type
- Commercial real estate
Description
This exceptional 2,500 square foot residential lot presents a compelling development opportunity in the vibrant Brooklyn neighborhood. Located at 576 Glenmore Avenue, Kings County, New York, 11207, this locally owned property boasts a 25-foot wide frontage, offering significant buildable square footage. Zoned R5B (1.35) with a 33-foot height limit, the site allows for the construction of a three-story apartment building, potentially accommodating one or two units per floor, totaling 3,375 buildable square feet. The property's strategic location provides convenient access to public transportation, situated just one block from the C train on Van Siclen Avenue, ensuring easy commutes to Downtown Brooklyn and Manhattan. The asking price for this prime development land is $421,875. This represents a unique chance to capitalize on Brooklyn's thriving real estate market and create a valuable multi-family residential asset. The property's size and zoning regulations make it an ideal investment for developers seeking a high-return project in a desirable location. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.889023
- Latitude
- 40.673999
