677 Glenmore Avenue, Brooklyn, NY 11207

Property Description

Why buy a 4 family when you can get a destabilized 6 family for the same or even less? 6 Apartments. ALL MARKET RENTS! NOT rent stabilized! NOT rent regulated! BONUS: Tenants pay their own utilities including heat, gas and electricity…low operating expenses! Priced to sell! This rare find is a great investment opportunity! Totally Renovated in 2007 this 6 family building has 5 three bedroom apartments and 1 two bedroom; Laundry with coin operated machines; plenty of basement area for storage and rentable space …multiple opportunities to increase income! This is a rare opportunity for up and coming Central East New York. This property offers strong current cash flow with significant long-term appreciation potential. Rent-roll and income & expense spreadsheets available. DHCR destabilization documents available for investors and prequalified owner occupied buyer. Whether you’re an experienced investor looking to maximize returns or a qualified owner-occupant seeking a larger income-producing property, this is an exceptional opportunity.