Jagjit Singh
REALTOR®, Local Knowledge, Smart Decisions, Trusted Guidanace
(516) 315-1940
Real Estate Salesperson
BEDS15
BATHS8 full
MLS#1065060
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLContact Agent
Property Description
EXCEPTIONAL BROOKLYN INVESTMENT OPPORTUNITY | FULLY LEASED | 10% CAP RATE | 4% SELLER FINANCING OPPORTUNITY!An extraordinary opportunity to acquire a distinctive, income-producing multifamily property in the heart of Flatbush, Brooklyn! Welcome to 2701 Glenwood Road, an impressive property offering the rare combination of architectural character, established rental income, and compelling investment potential.Offered at $2,250,000 with a remarkable advertised potential 10% capitalization rate, this fully leased investment presents an attractive opportunity for investors seeking immediate rental income without the uncertainty of filling vacant units.Showcasing timeless architectural charm, an elegant exterior, and a commanding presence, this property stands apart from the ordinary. Its distinctive design and established Brooklyn location make it an appealing addition to a long-term real estate investment portfolio.THE OPPORTUNITY GETS EVEN BETTER - SELLER FINANCING AVAILABLE! Qualified purchasers may have the opportunity to benefit from seller financing with an advertised 4% assumed interest rate, subject to approval and negotiated terms. Inquire about the available assumable financing structure and discover how this opportunity may enhance your acquisition strategy.Conveniently located near Brooklyn College and approximately 0.2 miles from the Flatbush Avenue-Brooklyn College 2 and 5 subway station, this location offers convenient access to transportation, shopping, dining, and neighborhood amenities.A REMARKABLE COMBINATION OF CASH FLOW, CHARACTER, LOCATION, AND FINANCING!Ideal for investors seeking an established income-producing asset, portfolio expansion, or a potential 1031 exchange acquisition. With its distinctive castle-inspired architecture, 15-room 7 bathroom configuration, 2 bay garage with flexible space above, and existing rental income, this property offers a compelling combination of current performance and future possibilities.Opportunities combining these investment features merit serious consideration. Make an inquiry to request the rent roll, financial information, financing details, and a private showing. Serious inquiries welcome!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished
Cooling: Central Air
Garage: 2
Heating: Baseboard
Home Style: Victorian
Lot Size: 0.06 Acres
Taxes: $11,824
Year Built: 1925
Amenities
First Floor Bedroom
Built-in Features
Open Kitchen
Feature Descriptions
Building Area Total: 3156
Days on Site: 1
Exterior: Shingle Siding
GarageY/N: Yes
On Market Date: 2026-11-03
Parcel Number: 05248-0008
Parking Features: Assigned
Property Attached Y/N: 1
Rental Term: Monthly
Seller Concession: Yes
Sewer: Public Sewer
Units: 2
Utilities: Electricity Connected
Water: Public
Local Schools
High School: Contact Agent
Elementary School: Contact Agent
School District: Contact Agent
Estimate Your Payment
Estimated Payment
$ 13,018.81 per month $11,377.22 Principal & Interest $985.33 Property Tax $656.25 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: eXp Realty
Agency Contact: 888-276-0630
Shown By
Agent Name: Jagjit Singh
Agent Phone: (516) 315-1940
Agency Title: Coldwell Banker American Homes
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2701 Glenwood Road | MLS# 1065060
This multi-family property located at 2701 Glenwood Road, Brooklyn, NY 11210 is currently listed for sale with an asking price of $2,250,000. Glenwood Road is located within the Contact Agent school district. Search Brooklyn real estate on www.jagjithomes.com today.