3216 Glenwood Rd - Apartments FOR SALE
Brooklyn, NY 11210 |
3216 Glenwood Rd
Brooklyn, NY 11210
HIGHLIGHTS
- Construction commenced in 2024 and is currently completed.
- 4,300-square-foot lot with approximately 15,216 square feet of building area.
- Consists of 19 residential units in a 7-story elevator building and 9 parking spaces.
- The property benefits from the 485X tax abatement, effectively capping real estate taxes for 35 years.
- The property is an all-electric building, with tenants responsible for their own utilities, supporting efficient operations.
- The building is not yet occupied and can be delivered vacant or occupied at closing, offering operational flexibility.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
STATUS
Under Construction
BUILDING DETAILS
PROPERTY NAME
Brand-new Seven-Story Multifamily Building
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
23168
STORIES
7
YEAR BUILT
2026
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
07560-0045
