Description

Introducing 10209 Glenwood Road, a well-located two-family property in the heart of Canarsie, positioned between East 102nd and East 103rd Streets and moments from the Canarsie-Rockaway Parkway L train. Set on an exceptionally wide 40 ft x 110 ft lot, this R5-zoned parcel offers significant long-term upside with a maximum buildable area of approximately 6,600 square feet, supported by a Residential FAR of 1.5 and a Facility FAR of 2. The existing structure measures 18 ft 47 ft, presenting a strong footprint for continued residential use, expansion, or future redevelopment. The current two-family configuration makes the property attractive for a range of buyers-from end users seeking rental income to investors focused on value-add strategies in an established Brooklyn neighborhood. The oversized lot width further distinguishes the asset, offering flexibility rarely found along this corridor. Located close to transit, neighborhood retail, and major thoroughfares, 10209 Glenwood Road is well positioned for both immediate occupancy and long-term growth.

Assemblage Opportunity: This property may also be purchased in combination with the adjacent parcels at 10211 and 10213 Glenwood Road, allowing for a larger development footprint or coordinated repositioning strategy.