765 Glenmore Ave - Industrial FOR SALE


Brooklyn, NY 11208- East New York
$1,300,000 USD
516-996-5730
765 Glenmore Ave, Brooklyn, NY for Sale
$1,300,000 USD
Industrial - FOR SALE
1/4
null | Request Cap Rate

765 Glenmore Ave
Brooklyn, NY 11208
East New York


OVERVIEW

Investment Opportunity in Prime East New York Location! Unlock the potential of this 6,000 sq ft lot featuring a 2,400 sq ft free-standing building currently leased to a long-standing auto repair tenant, generating immediate income. Located at the combined addresses of 765 Glenmore Ave, 355 & 357 Essex St, Brooklyn, NY 11208, this corner property boasts R5B zoning with a FAR of 1.35 — allowing for up to 8,100 buildable sq ft, subject to verification. Zoning: R5B – great for future residential development or potential mixed-use conversion Income-Producing: Tenant in place with solid payment history (details available upon request) Lot Dimensions: Approx. 60’ x 100’ — rare corner lot with triple frontage Taxes: Low annual property taxes Access: Steps from the Shepherd Ave and Van Siclen Ave subway stations (A/C lines) Surrounding Development: The area is rapidly evolving with new residential projects and community investment.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$542 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09

LAND SF

3,718

ZONING

R5B

APN/PARCEL ID

03988-0001

ASK ABOUT THIS PROPERTY

Jeanette BonaventuraBerkshire HathawayMore Info
516-996-5730

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Jeanette BonaventuraBerkshire HathawayMore Info
516-996-5730

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.