$799,000
Updated 8 years ago
Off Market

4022 Glenwood Road

Brooklyn | East 40th Street & Albany Ave

4 Rooms2 Beds2 Baths1,632 Square FeetMixed Use

$799,000
floors / apts2 / 1
Lot Size17'x97'
Building TypeLow-Rise
RE Taxes$4,170
Price Per SF
$490

Building Amenities

  • Voice Intercom

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.

Building Details for 4022 Glenwood Road

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts2/1
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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 72371TH