1055 Glenmore Ave
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1055 Glenmore Ave
6 Unit Apartment Building $1,455,000 ($242,500/Unit) Brooklyn, NY 11208
Investment Highlights
- Call or Text Jeremy at (516) 647-1782 for more information today!
Executive Summary
Located in the heart of City Line, an urban community rich with history and cultural diversity, this 6-unit building is a prime investment opportunity. City line is undergoing gentrification, making it the perfect time to invest in this vibrant area that seamlessly blends business and residential living. The building offers;
Apt #1: 2 Bedrooms, 1 full bath, eat-in kitchen, living room
Apt #2: 2 Bedrooms, 1 full bath, eat-kitchen, living room
Apt #3: 3 Bedrooms, 1 full bath, eat-kitchen, living room
Apt #4: 2 Bedrooms, 1 full bath, eat-in kitchen, living room
Apt #5: 3 Bedrooms, 1 full bath, eat-kitchen, living room
Apt #6: 2 Bedrooms, 1 full bath, eat-kitchen, living room
This property is well maintained and reflects care, attention to detail, and commitment to quality. Conveniently close to public transportation, shopping, and major highways, this property offers easy access to everything the city provides. This is a fantastic opportunity to grow in a thriving community.
Inquire for income & expenses
Apt #1: 2 Bedrooms, 1 full bath, eat-in kitchen, living room
Apt #2: 2 Bedrooms, 1 full bath, eat-kitchen, living room
Apt #3: 3 Bedrooms, 1 full bath, eat-kitchen, living room
Apt #4: 2 Bedrooms, 1 full bath, eat-in kitchen, living room
Apt #5: 3 Bedrooms, 1 full bath, eat-kitchen, living room
Apt #6: 2 Bedrooms, 1 full bath, eat-kitchen, living room
This property is well maintained and reflects care, attention to detail, and commitment to quality. Conveniently close to public transportation, shopping, and major highways, this property offers easy access to everything the city provides. This is a fantastic opportunity to grow in a thriving community.
Inquire for income & expenses
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$13,185
|
$5.17
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$13,185
|
$5.17
|
Financial Summary (Actual - 2023)
| Taxes | |
|---|---|
| Annual | $13,185 |
| Annual Per SF | $5.17 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $13,185 |
| Annual Per SF | $5.17 |
Property Facts
| Price | $1,455,000 | Property Subtype | Apartment |
| Price Per Unit | $242,500 | Building Class | C |
| Sale Type | Investment | Building Size | 2,550 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1925 |
| Price | $1,455,000 |
| Price Per Unit | $242,500 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Building Size | 2,550 SF |
| No. Stories | 3 |
| Year Built | 1925 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 3+1 | 2 | - | - |
Walk Score ®
Walker's Paradise (90)
Transit Score ®
Rider's Paradise (91)
PROPERTY TAXES
| Parcel Number | 04197-0027 | Total Assessment | $329,940 (2024) |
| Land Assessment | $7,200 (2024) | Annual Taxes | $13,185 ($5.17/SF) |
| Improvements Assessment | $322,740 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
04197-0027
Land Assessment
$7,200 (2024)
Improvements Assessment
$322,740 (2024)
Total Assessment
$329,940 (2024)
Annual Taxes
$13,185 ($5.17/SF)
Tax Year
2023
zoning
| Zoning Code | R7A (R7 - Medium-density apartment house district with lower parking requirements) |
| R7A (R7 - Medium-density apartment house district with lower parking requirements) |
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