$2,199,995

2701 Glenwood Rd New York City, NY 11210

$10,000
Closing credit¹
15 beds
8 full
3,156 sqft
$697 / sqft
Multi-Family

Property details

About 2701 Glenwood Rd

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.

Highlights

Home typeDuplex
HeatingWall Furnace
StatusActive
CoolingWall Unit(s)
Size3,156 sqft
Year built1925
MLS #RLS20009170

Summary

  • MLS Number: RLS20009170
  • MLS Name: RLS
  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Office Email: daniel.marrello@compass.com
  • Listing Agent: max sherman
  • Agent Phone: (212) 913-9058

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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 3/14/2025, 2:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$2,199,995

2701 Glenwood Rd

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

4

School of Science and Technology

Public District KG-5

0.2 mi

725 E 23rd St

5

P.S. K315 Brooklyn

Public District KG-5

0.2 mi

2310 Glenwood Rd

3

P.S. 361 East Flatbush Early Childhood School

Public District KG-2

0.3 mi

1957 Nostrand Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $73,295. Most New York City, NY residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

24%
<35k
47%
35k-100k
29%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

58%
Single, No Kids
16%
Single, with Kids
11%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
5%
12-17 yrs old
26%
18-34 yrs old
45%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Art MuseumsArt Museums
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • StarbucksStarbucks
  • The Cheesecake FactoryThe Cheesecake Factory

What do the neighbors drive?

  • ToyotaToyota
  • AudiAudi
  • VolvoVolvo

What do the neighbors listen to?

  • JazzJazz
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 2701 Glenwood Rd in New York City, NY and zip code 11210 in the Flatbush neighborhood. This 3,156 square foot home was built in 1925. Features: 15 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since March 14, 2025 and is currently priced at $2,199,995.

In February 2025 more than 189 listings in New York City, NY were sold above the asking price. During the same period more than 682 listings were sold at asking price, while more than 627 were sold below. The inventory of homes for sale in New York City, NY between January and February 2025 decreased by 3.1%. In February 2025 median list price was $867,439 and the average listing age was 130 days.

From Rocket Homes Real Estate and based on county public records data.

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