Open: Sun, 2:00 PM - 4:00 PM

Active

2701 Glenwood Road

Brooklyn NY, 11210

$2,199,995


$697.08 per sqft

Active

15 Beds

8 Baths

3,156 sqft

Condos

Built in 1925

Turnkey Investment Opportunity in prime Flatbush/Midwood area.

Located at 2701 Glenwood Road, this fully renovated, income-generating property presents a rare opportunity to invest in a turnkey co-living space located at one of the most vibrant and high-demand neighborhoods.

This four-story, double duplex is fully leased out, offering attractive financial incentives with super low monthlies, taxes & seller financing at 4.125%. This property is cashflow positive, generating a minimum 10%/ROI, with additional room for 20% growth in rent roll, making this an attractive Cash on Cash investment and a smart addition to any real estate portfolio.

The property went through a comprehensive renovation, with premium features such as all-new plumbing, electrical systems, windows, kitchens, bathrooms, flooring, stairs, and siding, ensuring long-term value and minimal maintenance. With 15 bedrooms and 8 bathrooms, offering modern amenities, including two outdoor spaces and a two-car garage generating an additional 6K annually. Fully compliant with filed plans.


Situated in prime location on the border of Flatbush and Midwood, this property offers exceptional accessibility & proximity to Brooklyn College & The Junction. This thriving retail and transportation hub, is just steps away, providing tenants access to major subway lines, including the 2, 5, and Q trains, as well as multiple bus routes.


Detailed financials and setup are available upon request.

RLS20009170

MLS ID

March 13, 2025

Listed

March 14, 2025

Updated

Interior Features

Total Stories

0


Bedrooms

15


Total Bathrooms

8


Full Bathrooms

8


Interior Features

Crown Molding, High Ceilings, Sound System


Laundry Description

Common On Floor, See Remarks


Floor Description

Hardwood


Fireplace

No


Cooling

Yes


Cooling Description

Wall Unit(s)


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Patio And Porch

Rooftop

Other Property Details

Taxes

$10,980


Tax Frequency

Annually


Days on Market

84


Common Charges Frequency

Monthly


Garage

No


View

No


County

Kings

Open House Schedule

Sun, Mar 16th

2:00 PM - 4:00 PM EDT

RLS Data display by max sherman with Compass
Listing Contact: (212) 913-9058 

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025  The Real Estate Board of New York, Inc., All rights reserved

Data last updated on 3/14/2025 at 10:40 AM UTC

Powered byLuxury Presence