This Multifamily Property is no longer advertised on LoopNet.com.

3216 Glenwood Rd
Brooklyn, NY 11210
Brand-new Seven-Story Multifamily Building · Multifamily Property For Sale · 19 Units

Investment Highlights

  • Construction commenced in 2024 and is currently completed.
  • Consists of 19 residential units in a 7-story elevator building and 9 parking spaces.
  • The property is an all-electric building, with tenants responsible for their own utilities, supporting efficient operations.
  • 4,300-square-foot lot with approximately 15,216 square feet of building area.
  • The property benefits from the 485X tax abatement, effectively capping real estate taxes for 35 years.
  • The building is not yet occupied and can be delivered vacant or occupied at closing, offering operational flexibility.

Property Facts

No. Units 19
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.11 AC
Construction Status Under Construction
Building Size 23,168 SF
No. Stories 7
Year Built 2026
Zoning R6 - R6 — a medium-density residential zoning classification in New York City.

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • Controlled Access
  • Tenant Controlled HVAC
  • Recycling
  • Smoke Free
  • Smoke Detector

Property Taxes

Property Taxes

Parcel Number
07560-0045
Land Assessment
$156,600
Improvements Assessment
$353,700
Total Assessment
$510,300
  • Listing ID: 39014079

  • Date on Market: 1/8/2026

  • Last Updated:

  • Address: 3216 Glenwood Rd, Brooklyn, NY 11210

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