Introducing a unique investment opportunity in East New York, Brooklyn, featuring a three-family building accompanied by an adjacent 25x100 lot

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East New York

497 Glenmore Ave, Brooklyn, NY 11207

Introducing a unique investment opportunity in East New York, Brooklyn, featuring a three-family building accompanied by an adjacent 25x100 lot. This property is zoned R5 with a building class of C0, ideal for a three-family residence, making it a prime candidate for both immediate rental income and future development. Located at the intersection of Bradford Street and Miller Avenue, it offers convenient access to the Van Siclen Avenue C train, enhancing connectivity to the rest of Brooklyn and beyond. The building is strategically positioned just a block away from local shopping and dining options, reflecting the vibrant community atmosphere of East New York. With the area having undergone recent rezoning, significant growth potential is anticipated, attracting both investors and homeowners alike. The property includes a finished basement, while the three residential units consist of two two-bedroom apartments and a studio located in the attic. This diverse layout provides flexible rental opportunities, catering to a variety of market demands. The additional lot presents an exciting prospect for future expansion or redevelopment, reinforcing the value of this exceptional package.

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East New York

497 Glenmore Ave, Brooklyn, NY 11207

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