946 Glenmore Ave - Retail FOR SALE


Brooklyn, NY 11208- East New York
$3,000,000 USD
718-964-9048
946 Glenmore Ave, Brooklyn, NY for Sale
$3,000,000 USD
Retail - FOR SALE
1/3
null | Request Cap Rate

946 Glenmore Ave
Brooklyn, NY 11208
East New York


HIGHLIGHTS

  • Qualified Residential Site.
  • Corner Lot.
  • High ceiling heights.
  • Tax class 4 $31,372.

OVERVIEW

Schuckman Realty Inc. is pleased to exclusively represent the ownership in the sale of 946 Glenmore St. This is an existing 6,769 sqft former post office situated on a 10,000 sqft lot. This light industrial building retains some of its original details while currently being used as a tile shop / warehouse.The property consists of a 5,000 sqft ground floor plus a basement, along with a 1,769 sqft second floor, making it ideal for both end users and investors. It is zoned R5B, and under the City of Yes initiative, it benefits from a 2.0 FAR, allowing for a 20,000 sqft building. With a density of 680 sqft per unit, the site could accommodate 29 residential units. The maximum building height is 55 feet, with 100% lot coverage permitted, and parking requirements are waived. The property is currently owner occupied and will be delivered vacant at closing.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$443 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,870 SF

ZONING

R5B

APN/PARCEL ID

00342-1017

ASK ABOUT THIS PROPERTY

Baruch EdelkopfSchuckman Realty, Inc.More Info
718-964-9048

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Baruch EdelkopfSchuckman Realty, Inc.More Info
718-964-9048

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