Property Description for 4022 Glenwood Road
EXCELLENT INVESTMENT OPPORTUNITY: This two-story mixed use property with ground floor storefront, offers a rare opportunity to earn a cap rate above 4% at 4.7%. Situated on an active strip of similar mixed use properties, the commercial unit, formerly a hair salon, is poised to attract an equally bustling retail business or to be a smart office space already complete with full glass storefront window. No expense was spared on the brand new and masterfully renovated 2-bed/1-bath residential unit. With its striking design, the projected rent roll for the 2-bed is $2,200 pr/mo and offers single trey-coffered ceilings with recess lighting and top of the line amenity including chef's kitchen with custom cabinetry all new stainless steel appliances, built-in remote controlled electric fireplace, thoughtfully placed skylights, a spa-like bath with marble walls an flooring plus walk in glass rain shower and built in speakers for a complete luxe vibe. New plumbing, water tanks (separate tanks for residential and commercial unit). Conveniently located, minutes to the Flatbush Avenue junction for 2,5 train. Email broker for a set-up sheet. Shown by private appointment-only. Call or email for your appointment to view.