1295 Myrtle Avenue

$1,399,000
Price
Beds
3,024 Sq. Ft.
$463 / Sq. Ft.
3,024
Sq. Ft.
$463
per Sq. Ft.

Description

Located in the heart of Bushwick, this mixed-use property offers an excellent opportunity for both residential and commercial purposes. Built in 2006, the property features a two-family residence alongside a retail space. The heating system and hot water are separately metered for convenience. The property is fully occupied and produces a great income. Won't last!Located in the heart of Bushwick, this mixed-use property offers an excellent opportunity for both residential and commercial purposes. Built in 2006, the property features a two-family residence alongside a retail space. The heating system and hot water are separately metered for convenience. The property is fully occupied and produces a great income. Won't last!
  1. Listed by Halyna Chyrva • IHome Realty Group LLC
  2. Listed by Shira Gelman • IHome Realty Group LLC

Amenities

  • Walk Up
  • Parking Included
  • Lowrise
LISTING UPDATED: 12/06/2024 02:28 PM

Property Details for 1295 Myrtle Avenue

StatusActive
MLS ID483920
Days on Market189
Taxes$5,910 / year
Maintenance-
Min. Down Pymt-
Total Rooms0.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built2006
Lot Size987 SF / 25' x 40'
CountyKings County

Building

1295 Myrtle Ave

3 Units3 StoriesBuilt in 2006

Building Information for 1295 Myrtle Avenue

Stories3Residences3Year Built2006Lot Size987 SF / 25' x 40'Building Age-Building Type-

Property Information for 1295 Myrtle Avenue

Summary
Location and General Information
  • Block: 3228
  • Number Of Stories: 1
  • Cross Street Name: Cedar St
  • Zoning: R6, C2-3
  • Roof: Other
Parking
  • Parking Feature Single: None
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 5910.0
  • Gross Income: $91,200.00
  • Cap Rate: .06%
Property
Lot Information
  • Sq Ft Total: 3024
  • Yard: Other
  • Lot Number: 32
  • Lot Size Irregular YN: No
  • Lot Size Length: 40
  • Lot Size Width: 25
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Other
  • Heating Fuel: Gas
  • Hot Water: Gas
Interior and Exterior Features
Interior Features
  • Basement Amenities: Finished
  • Commercial Features Interior: Other
  • Foundation Details: Poured Concrete
  • Flooring: Ceramic, Hardwood, Tile
  • Unit Count: 3
  • Lavatories: Other
  • Construction Materials: Brick
  • Electric: 220 V
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: Other
Multi Family
Multi-Family Information
  • Building Type: Attached
Unit 1
  • Unit Category: Store
  • Unit Current Rent: 2432.0
  • Unit Increase Per Year Amount: $2.00
Unit 2
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 2800.0
  • Unit Rooms Total: 3
  • Unit Unit Type: 2 Bedrooms
Unit 3
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 2300.0
  • Unit Rooms Total: true
  • Unit Unit Type: 2 Bedrooms
Agent
Agent Information
  • Net Operating Income: 78613.0
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 4277.0
  • Owner Occupied: No

Property History for 1295 Myrtle Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1295 Myrtle Avenue

Taxable ValueLand$13,140Additions$64,620Total$77,760
Home Facts
Total Finished SqFt3,024 SqFtLot Size1,125 SqFtYear Built2006ZoningR6APN3032280032

Schools near 1295 Myrtle Avenue

This home is within Nyc Geog District #32 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 274 Kosciusko
PublicPK to 5

Is 347 School Of Humanities
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1295 Myrtle Avenue is a mixed use property for sale in Bushwick. This property was listed for sale on June 16, 2024 by IHome Realty Group LLC, it's currently listed at $1,399,000. This listing's school district is Nyc Geog District #32 - Brooklyn. Nearby schools include P.S. 274 Kosciusko, Is 347 School Of Humanities and Bushwick Leaders High School For Academic Excellence. 1295 Myrtle Avenue is a 0-bed, 0-bath, 3,024 sqft mixed use property built in 2006.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of IHome Realty Group LLC

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