1497 Myrtle Avenue
1497 Myrtle Avenue
$1,895,000
12
7
1
6,469
6,469
$293
Permanently Off Market
Virtual Tour
Description
Incredible mixed-use investment opportunity on thriving Myrtle Avenue in Bushwick!
Featuring nearly 70' of frontage along one of Bushwick's most popular avenues with existing retail on the ground floor (can be delivered vacant), 1497 Myrtle is gutted out with approved plans for residential use on the second and third floor. The possibilities here are endless with nearly 15' ceilings on the top floor, enormous windows, a stairwell going all the way up to the well-maintained roof/expansive NYC skyline...Incredible mixed-use investment opportunity on thriving Myrtle Avenue in Bushwick!
Featuring nearly 70' of frontage along one of Bushwick's most popular avenues with existing retail on the ground floor (can be delivered vacant), 1497 Myrtle is gutted out with approved plans for residential use on the second and third floor. The possibilities here are endless with nearly 15' ceilings on the top floor, enormous windows, a stairwell going all the way up to the well-maintained roof/expansive NYC skyline views, and signage opportunities for additional income.
The zoning is R6/C2-3 over a 2,353 SF lot which allows for 2.43 FAR of residential and 2 FAR of commercial. By building a little community facility, one could max out the resi/commercial use for a total of 11,294 buildable SF.
Please email or call and I can send a pro-forma, the approved plans, and answer any questions you have.
Featuring nearly 70' of frontage along one of Bushwick's most popular avenues with existing retail on the ground floor (can be delivered vacant), 1497 Myrtle is gutted out with approved plans for residential use on the second and third floor. The possibilities here are endless with nearly 15' ceilings on the top floor, enormous windows, a stairwell going all the way up to the well-maintained roof/expansive NYC skyline...Incredible mixed-use investment opportunity on thriving Myrtle Avenue in Bushwick!
Featuring nearly 70' of frontage along one of Bushwick's most popular avenues with existing retail on the ground floor (can be delivered vacant), 1497 Myrtle is gutted out with approved plans for residential use on the second and third floor. The possibilities here are endless with nearly 15' ceilings on the top floor, enormous windows, a stairwell going all the way up to the well-maintained roof/expansive NYC skyline views, and signage opportunities for additional income.
The zoning is R6/C2-3 over a 2,353 SF lot which allows for 2.43 FAR of residential and 2 FAR of commercial. By building a little community facility, one could max out the resi/commercial use for a total of 11,294 buildable SF.
Please email or call and I can send a pro-forma, the approved plans, and answer any questions you have.
Listing Agents
Amenities
- Street Scape
- City Views
- Open Views
- Private Roof Deck
- Common Roof Deck
- Exposed Brick
- Hardwood Floors
- High Ceilings
Location
LISTING UPDATED: 08/06/2021 09:00 AM
Property Details for 1497 Myrtle Avenue
Status | Permanently Off Market |
---|---|
Days on Market | 283 |
Taxes | $4,550 / month |
Maintenance | - |
Min. Down Pymt | 10% |
Total Rooms | 28.0 |
Compass Type | Mixed Use |
MLS Type | Single Family |
Year Built | 1931 |
Lot Size | 2,353 SF / 69' x 68' |
County | Kings County |
Building
Location
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Building Information for 1497 Myrtle Avenue
Stories3Year Built1931Building Size69.08' x 68'Building Sq. Ft14,092.32 SFLot Size2,353 SF / 69' x 68'Building Age-Building Type-Senior Community-
Payment Calculator
$16,185 per month
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Property History for 1497 Myrtle Avenue
Date | Event & Source | Price | Appreciation | Link |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1497 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 - | 6 to 12 | |||
Public - | 5 to 8 |
Rating | School | Distance |
---|---|---|
P.S. 116 Elizabeth L Farrell PublicPK to 5 | ||
Jhs 291 Roland Hayes Public6 to 8 | ||
All City Leadership Secondary School Public6 to 12 | ||
Jhs 383 Philippa Schuyler Public5 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.
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