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Ad #7786216
MLS #987131
Listing photo

Live. Work. Earn. Repeat. This is the kind of opportunity that

563 Glenmore Ave, Brooklyn, NY 11207
$1,350,000
--Beds
--Baths
--Sqft
0.03Acres

About this property

Live. Work. Earn. Repeat. This is the kind of opportunity that rarely hits the market-a high-income producing mixed-use property designed for both savvy investors and ambitious business owners ready to control their future. This fully electric building features two residential units plus a prime storefront, creating multiple income streams under one roof. The front unit offers a duplex layout with a finished basement, making it the perfect live/work setup-run your business downstairs while enjoying private living space above or below. The rear of the first floor includes a spacious one-bedroom, and the top floor delivers a high-demand four-bedroom unit. The numbers speak for themselves: $5,000/month (storefront potential) $4,000/month (4-bedroom unit) $2,800/month (1-bedroom unit) That's over $140,000/year in projected gross income-with extremely low expenses. Even better? The property is 100% electric, meaning tenants pay their own heat, hot water, and electricity, dramatically reducing landlord overhead and boosting your net returns. With property taxes at just ~$2,243/year (virtually unheard of for mixed-use in Brooklyn), plus minimal operating expenses, this asset delivers an estimated 9.7% cap rate at a $1.35M purchase price. There's more-additional upside exists with a separate basement section ready to be monetized for storage or coin-operated laundry, adding even more cash flow. Now here's where it gets exciting... This property may qualify for FHA financing for owner-occupants, meaning a qualified buyer can potentially purchase with as little as 3.5% down. If you're a business owner, this is your chance to: ? Own your storefront instead of renting ? Live in the property ? Collect rental income from the other units to offset your mortgage It's not just a purchase-it's a wealth-building machine. Located in a rapidly growing Brooklyn corridor with strong foot traffic, accessibility, and ongoing development, this is a rare chance to secure a cash-flowing asset with built-in lifestyle flexibility. Whether you're an investor chasing yield or an entrepreneur ready to own your space-this deal checks every box.

Property Features

0 Beds
0 Baths
0 Sqft
Built in 1935
0.03 Acres
Siding: Brick
Electric (Heating)
$2,243 / yr property tax
Kings County

Additional Photos

Additional listing photo 1
Additional listing photo 2
Additional listing photo 3
Additional listing photo 4

Contact Information

Carlos A. Gaviria

InstaHomes Realty LLC

516-965-4996

Location

Map
Listing Agent: Carlos A. Gaviria 516-965-4996
Broker: InstaHomes Realty LLC 516-965-4996 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026

Photo Gallery

Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 1
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 2
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 3
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 4
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 5
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 6
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 7
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 8
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 9
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 10
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 11
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 12
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 13
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 14
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 15
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 16
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 17
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 18
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 19
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 20
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 21
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 22
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 23
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 24
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 25
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 26
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 27
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Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 29
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Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 31
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 32
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Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 34
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 35
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 36
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 37
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 38
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 39
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 40
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 41
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 42
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 43
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 44
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 45
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 46
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 47
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 48

$1,350,000

--
Beds
--
Baths
--
Sqft

563 Glenmore Ave, Brooklyn, NY 11207

By contacting this agent you agree to these Terms and Conditions.
Home New York Brooklyn
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 1
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 2
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 3
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 4
Live. Work. Earn. Repeat. This is the kind of opportunity that - photo 5
MLS# 987131
Lot For Sale

Live. Work. Earn. Repeat. This is the kind of opportunity that

$1,350,000

563 Glenmore Ave, Brooklyn, NY 11207

--
Beds
--
Baths
--
Sqft
0.03
Acres
$1,350,000
563 Glenmore Ave, Brooklyn, NY 11207
-- Beds
-- Baths
-- Sqft
0.03 Acres
Live. Work. Earn. Repeat. This is the kind of opportunity that rarely hits the market-a high-income producing mixed-use property designed for both savvy investors and ambitious business owners ready to control their future. This fully electric building features two residential units plus a prime storefront, creating multiple income streams under one roof. The front unit offers a duplex layout with a finished basement, making it the perfect live/work setup-run your business downstairs while enjoying private living space above or below. The rear of the first floor includes a spacious one-bedroom, and the top floor delivers a high-demand four-bedroom unit. The numbers speak for themselves: $5,000/month (storefront potential) $4,000/month (4-bedroom unit) $2,800/month (1-bedroom unit) That's over $140,000/year in projected gross income-with extremely low expenses. Even better? The property is 100% electric, meaning tenants pay their own heat, hot water, and electricity, dramatically reducing landlord overhead and boosting your net returns. With property taxes at just ~$2,243/year (virtually unheard of for mixed-use in Brooklyn), plus minimal operating expenses, this asset delivers an estimated 9.7% cap rate at a $1.35M purchase price. There's more-additional upside exists with a separate basement section ready to be monetized for storage or coin-operated laundry, adding even more cash flow. Now here's where it gets exciting... This property may qualify for FHA financing for owner-occupants, meaning a qualified buyer can potentially purchase with as little as 3.5% down. If you're a business owner, this is your chance to: ? Own your storefront instead of renting ? Live in the property ? Collect rental income from the other units to offset your mortgage It's not just a purchase-it's a wealth-building machine. Located in a rapidly growing Brooklyn corridor with strong foot traffic, accessibility, and ongoing development, this is a rare chance to secure a cash-flowing asset with built-in lifestyle flexibility. Whether you're an investor chasing yield or an entrepreneur ready to own your space-this deal checks every box.
57 days
on BeachHouse.com
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Property Details

HOME DETAILS

0 Beds
0 Baths
0 Sqft
Built in 1935
0.03 Acres

EXTERIOR

Siding: Brick

INTERIOR

Electric (Heating)

FINANCIAL & COMMUNITY

$2,243 / yr property tax
Kings County
See More Details

Location

Map
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Ad Statistics

Ad Number
7786216
Viewed
25 times
Listing Status
Active
Added
Jun 16, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM

Listing Information

Data Source
OneKey MLS
Source Property ID
987131
Listing Agent: Carlos A. Gaviria 516-965-4996
Broker: InstaHomes Realty LLC 516-965-4996 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Request Information

By proceeding, you authorize Dream Home Network Inc., its service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners), its affiliates, and other real estate professionals that may not be associated with Dream Home Network, to contact you using the contact details you provided, via email, phone call, and text (SMS), including using automated dialing technology and prerecorded and artificial voice, for marketing or advertising purposes, including contacting you about your inquiry and other home-related matters. You understand that your consent to the foregoing is not a condition of any purchase. Message and data rates may apply. This consent applies even if you are on a corporate, state or national Do Not Call list. Dream Home Network Inc. may share information about your recent and future site activity with its affiliates and service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners) to help them better understand what you are looking for in a property. To opt-out at any time you can reply "STOP" or contact Dream Home Network Inc. at csv@dreamhomenetwork.com.

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Alabama Alaska California Connecticut Delaware Florida Georgia Hawaii Louisiana Maine Maryland Mississippi New Hampshire New Jersey New York North Carolina Oregon Pennsylvania Rhode Island South Carolina Texas Virginia Washington
SERVICES
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Testimonials About Us Office Locations
SUPPORT
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LakeHouse.com MountainHomes.com GolfHomes.com BarrierFreeHome.com
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Dream Home Network Inc.

is committed to ensuring digital accessibility and property listings for individuals with disabilities. All information provided is deemed reliable but is not guaranteed and should be independently verified. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know.

Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

© 1997 - 2026 BeachHouse.com
Part of Dream Home Network, Inc.
Last updated on 2026.08.12
Terms & Policy