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: 11/18/2024 10:02 AM

Property Details for 1295 Myrtle Avenue

StatusActive
MLS ID483920
Days on Market155
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.

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Listing Courtesy of IHome Realty Group LLC

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