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New York Brooklyn 11208 East New York
756 Glenmore Avenue
$285,000
● Land - Off Market

756 Glenmore Avenue

New York, NY 11208
bedrooms
Studio
bathrooms
0 Bath
$305,271
RealtyHop Estimate
1.76%
Since Jul 1, 2023
NY-New York
Primary Model

About This Property

Brooklyn is booming and East New York is thriving with development! This vacant lot is 25x100 and had an approved plan for a 2 family, three story house with two duplex apartments and driveway! Priced to sell! Calling all investors & cash buyers! But perfect for someone who wants to build their very own 2 family dream home and live in one duplex unit and rent the other! Great income potential! The lot is just passed the corner house on Glenmore between Essex and Linwood Streets and around the corner from Pitkin Avenue. The area has development happening everywhere with new high end residential homes being built in the neighborhood. Location, location, location! Easy access to all major highways and parkways and near all public transportation. Hop, skip and a jump away from Atlantic Ave and Fulton Street which are bustling! Near restaurants, bars, bakery's, supermarkets and retail shops! Easy commute to Manhattan! Come build your investment property or build your family home!
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
Land
Property Taxes
$240
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (OneKey MLS #KEYH6245454)

Price History

Date / Event Date Event Price
Jun 21, 2023 Sold
Premium
Sold
May 13, 2023 In contract -
In contract
Apr 26, 2023 Listed by William Raveis-New York, LLC $299,999
Listed by William Raveis-New York, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 0
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 2,500
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 25

    Floor Area Ratio

  • Residential Floor Area Ratio: 1
  • Facilities Floor Area Ratio: 2

Building

  • Building Type: V0
  • Lot Type: 5
  • Land Use: 11
  • Irregular Lot Code: N

Neighborhood

  • Community District: 305
  • City Council District: 37
  • Police Precinct: 75
  • Fire Company: E332
  • Health Area: 6200
  • Sanitation District Borough: 3
  • Sanitation Subsection: 1E
  • School District: 19

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R5B

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 4003
  • Lot: 15
  • Borough Block Lot: 3040030015

    Address

  • Full Address: Glenmore Avenue
  • Zip Code: 11208

Valuation

    Assessments Valuation

  • Assessed Total Value: $12,780
  • Assessed Land Value: $12,780

    Exemptions

  • Exempt Total Value: $0
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Eastern Brooklyn

Stats & Trends

Median Asking:

$850,000

Sale Price/ft²

$460

Below Asking

0.02%

Average Days on Market

104

Average Home Size

1675 ft²

Average Home Age

84.3 years

Currently For Sale

238 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 605 Liberty Avenue, BROOKLYN, NY, 11207

$3,600 /mo

  • 3 Beds
  • 1 Bath
605 Liberty Avenue #1, BROOKLYN, NY, 11207 Listing by Juan Dela Cruz
Unit for rent at 1716 Woodbine Street, Ridgewood, NY 11385

$3,600 /mo

  • 2 Beds
  • 2 Baths
1716 Woodbine Street #3R, Ridgewood, NY 11385 Listing by Lihi
Unit for rent at 18-06 George Street, Ridgewood, NY 11385

$3,500 /mo

  • 2 Beds
  • 1 Bath
18-06 George Street #1R, Ridgewood, NY 11385 Listing by Anthony

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 756 Glenmore Avenue built and last sold?
The property at 756 Glenmore Avenue was built in 0 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 756 Glenmore Avenue is $302,999.
What are some comparable homes to 756 Glenmore Avenue?
There are currently no comparable homes to 756 Glenmore Avenue.
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