*A two-story mixed-use building in East New York, Brooklyn.
*Property consists of a ground floor retail and a 3-bedroom apartment on the second floor.
*The deli is currently on the third year of a 5-year lease.
*The retail tenant has annual escalations of $100.
*Tenants pay their own electricity.
*Gas expenses are only for heat.
*The asking price is set at $595,000 ~ please speak to exclusive agent for more details.
*Cap Rate ~ 5.22%
*GRM ~ 13.77
*PPSF: $330.55
Sold for $600,000
$600,000
416 Glenmore Ave, Brooklyn, NY 11207
3beds
1,800sqft
MultiFamily
Built in 1910
-- sqft lot
$760,600 Zestimate®
$333/sqft
$3,363 Estimated rent
Home value
$760,600
$654,000 - $875,000
$3,363/mo
Zestimate® history
Owner options
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$3,363/mo
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$3,363/mo
Rent Zestimate®
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$3,540/mo
Est. payment
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$3,540/mo
Est. payment
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List your homeWhat's special
Retail tenantGround floor retailTwo-story mixed-use buildingEast new york
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Interior area
- Total interior livable area: 1,800 sqft
Property
Lot
- Size: 1,000 Square Feet
Details
- Parcel number: 037220012
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1910
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $333/sqft
- Tax assessed value: $695,000
- Annual tax amount: $2,218
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2025 | Sold | $600,000+4.3%$333/sqft |
Source: Public Record Report a problem | ||
| 8/7/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 10/31/2022 | Listed for sale | $575,000+283.3%$319/sqft |
Source: StreetEasy Report a problem | ||
| 8/2/2010 | Sold | $150,000$83/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,218 +0.1% | $41,700 +25.7% |
| 2024 | $2,216 | $33,180 -8.1% |
| 2023 | -- | $36,120 +10.7% |
| 2022 | -- | $32,640 +10.3% |
| 2021 | -- | $29,580 +42.9% |
| 2020 | $1,971 +1.3% | $20,700 |
| 2019 | $1,946 +7.1% | $20,700 +138.3% |
| 2018 | $1,817 +8.6% | $8,686 +5.8% |
| 2017 | $1,674 +10.3% | $8,210 +5.8% |
| 2016 | $1,518 | $7,761 |
| 2015 | $1,518 +62.5% | $7,761 +1.3% |
| 2014 | $934 | $7,663 |
Find assessor info on the county website
Neighborhood: East New York
Nearby homes
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Nearby schools
GreatSchools rating
- 10/10Ps 149 Danny KayeGrades: PK-5Distance: 0.3 mi
- 5/10Jhs 292 Margaret S DouglasGrades: 6-8Distance: 0.2 mi
- 3/10W H Maxwell Career and Technical Education High SchoolGrades: 9-12Distance: 0.1 mi
- New York
- Kings County
- New York
- 11207
- Brooklyn
- East New York
- 416 Glenmore Ave