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
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