2701 Glenwood RD Brooklyn, NY 11210
15 Beds
8 Baths
2,452 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Flatbush
MLS Listing ID 1065060
Style Victorian
Bedrooms 15
Full Baths 8
Rental Info No
Year Built 1925
Annual Tax Amount $11,824
Lot Size 2,452 Sqft
Acres 0.0563
Property Sub-Type Duplex
Source onekey2
Property Description
An extraordinary opportunity to acquire a distinctive, income-producing multifamily property in the heart of Flatbush, Brooklyn! Welcome to 2701 Glenwood Road, an impressive property offering the rare combination of architectural character, established rental income, and compelling investment potential.
Offered at $2,250,000 with a remarkable advertised potential 10% capitalization rate, this fully leased investment presents an attractive opportunity for investors seeking immediate rental income without the uncertainty of filling vacant units.
Showcasing timeless architectural charm, an elegant exterior, and a commanding presence, this property stands apart from the ordinary. Its distinctive design and established Brooklyn location make it an appealing addition to a long-term real estate investment portfolio.
THE OPPORTUNITY GETS EVEN BETTER — SELLER FINANCING AVAILABLE! Qualified purchasers may have the opportunity to benefit from seller financing with an advertised 4% assumed interest rate, subject to approval and negotiated terms. Inquire about the available assumable financing structure and discover how this opportunity may enhance your acquisition strategy.
Conveniently located near Brooklyn College and approximately 0.2 miles from the Flatbush Avenue–Brooklyn College 2 and 5 subway station, this location offers convenient access to transportation, shopping, dining, and neighborhood amenities.
A REMARKABLE COMBINATION OF CASH FLOW, CHARACTER, LOCATION, AND FINANCING!
Ideal for investors seeking an established income-producing asset, portfolio expansion, or a potential 1031 exchange acquisition. With its distinctive castle-inspired architecture, 15-room 7 bathroom configuration, 2 bay garage with flexible space above, and existing rental income, this property offers a compelling combination of current performance and future possibilities.
Opportunities combining these investment features merit serious consideration. Contact the listing agent today to request the rent roll, financial information, financing details, and a private showing. Serious inquiries welcome!
Location
State NY
County Kings (brooklyn)
Rooms
Basement Finished
Interior
Interior Features First Floor Bedroom, Built-in Features, Open Kitchen
Heating Baseboard
Cooling Central Air
Fireplace No
Exterior
Parking Features Assigned
Garage Spaces 2.0
Utilities Available Electricity Connected
Garage true
Private Pool No
Building
Sewer Public Sewer
Water Public
Structure Type Shingle Siding
Schools
Elementary Schools Contact Agent
Middle Schools Call Listing Agent
High Schools Contact Agent
School District Contact Agent
Others
Senior Community No
Special Listing Condition None
